C B Schmitt Charitable Foundation Inc
- Assets
- $210.6k
- Revenue
- $125.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Marathon, FL
- Founding
- 02/2003
- Data as of
- 09/2023
- EIN
- 56-2286219
Organization Overview
C B Schmitt Charitable Foundation Inc is located in Marathon, FL. The organization was established in 2003. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. C B Schmitt Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, C B Schmitt Charitable Foundation Inc generated $125.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $186.1k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, C B Schmitt Charitable Foundation Inc has awarded 155 individual grants totaling $403,946. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian C Schmitt Director | 0.2 | $0 | |
J Lizette Miller Director | 2 | $0 | |
Karen Haack Director | 2 | $0 | |
Halley Haack Chair | 3 | $0 | |
Teri Hiller Director | 2 | $0 | |
Christina Davis Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $124,223 |
| Interest on Savings | $1,370 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $125,593 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $186 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $758 |
| Printing and publications | $0 |
| Other expenses | $4,410 |
| Total operating and administrative expenses | $14,834 |
| Contributions, gifts, grants paid | $171,245 |
| Total expenses and disbursements | $186,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $210,600 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $210,600 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, C B Schmitt Charitable Foundation Inc has awarded $171,245 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
ARTOLA ANAMARIA PURPOSE: EDUCATION PROGRAM ASSISTANCE | $1,000 |
AYERS KENNETH PURPOSE: CAMP PROGRAM ASSISTANCE | $2,265 |
BARTLETT BRIDGETT PURPOSE: LIVING EXPENSE ASSISTANCE | $1,435 |
BRZAKAILK SYLVIA PURPOSE: LIVING EXPENSE ASSISTANCE | $4,000 |
BUTLER TYRESE PURPOSE: LIVING EXPENSE ASSISTANCE | $4,011 |
CAMPBELL TROY PURPOSE: LIVING EXPENSE ASSISTANCE | $1,880 |