Ray And Charyl Schroeder Grace Foundation
- Assets
- $3.3m
- Revenue
- $101.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Woodruff, SC
- Founding
- 07/1997
- Data as of
- 12/2021
- EIN
- 57-1026207
Organization Overview
Ray And Charyl Schroeder Grace Foundation is located in Woodruff, SC. The organization was established in 1997. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ray And Charyl Schroeder Grace Foundation 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 12/2021, Ray And Charyl Schroeder Grace Foundation generated $101.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (42.4%) each year. All expenses for the organization totaled $179.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (36.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Ray And Charyl Schroeder Grace Foundation has awarded 13 individual grants totaling $300,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE EXIST TO SUPPORT ANYTHING OR ANYONE ENRICHING THE QUALITY OF LIFE, PRIMARILY AT THE END OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION GAVE OUT IN EXCESS OF $151,694 IN CHARITABLE ASSISTANCE DURING 2021. ASSISTANCE WAS PROVIDED THROUGH GRANTS TO OTHER ORGANIZATIONS AS WELL AS DIRECT CHARITABLE ASSISTANCE TO INDIVIDUALS IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charyl Schroeder President | OfficerTrustee | 4 | $0 |
John Swift Treasurer | OfficerTrustee | 1 | $0 |
Connie Dean Assistant Treasurer | OfficerTrustee | 1 | $0 |
Jr Schroeder Director | OfficerTrustee | 1 | $0 |
Camille Schroeder Temple Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Interim Healthcare Of Greenville Inc Management Services | 12/30/15 | $736,428 |
Enclara Healthcare Patient Pharmaceuticals | 12/30/15 | $229,725 |
Allcare Medical Llc Dme | 12/30/15 | $160,182 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $93,785 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,297 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $101,082 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $150,000 |
| Grants and other assistance to domestic individuals. | $1,694 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,582 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,912 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $159 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,752 |
| All other expenses | $52 |
| Total functional expenses | $179,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,479 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,234,889 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,288,368 |
| Accounts payable and accrued expenses | $21,998 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $21,998 |
| Net assets without donor restrictions | $3,266,370 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,288,368 |
Grants Awarded
Over the last fiscal year, Ray And Charyl Schroeder Grace Foundation has awarded $150,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Cincinnati, OH PURPOSE: SUPPORT NEURO INSTITUTE | $50,000 |
Greenville, SC PURPOSE: PATIENT CARE SUPPORT | $50,000 |
Greenville, SC PURPOSE: RESCUE MISSON SUPPORT | $20,000 |
Rye Brook, NY PURPOSE: PATIENT CARE SUPPORT | $20,000 |
Greenville, SC PURPOSE: PROGRAM SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Ancillary Services Inc Gray, GA | $30,792,192 | $79,626,521 |
Blue Ridge Healthcare Medical Group Inc Morganton, NC | $29,518,541 | $62,090,684 |
Rural Health Group Inc Roanoke Rapids, NC | $39,335,445 | $53,812,682 |
Alliant Health Solutions Inc Atlanta, GA | $35,899,821 | $40,943,922 |
Duke Integrated Network Inc Durham, NC | $2,381,377 | $12,476,427 |
Lsa Pharmacy Inc Salisbury, NC | $13,077,982 | $7,537,503 |
Greater Hickory Cooperative Christian Ministry Hickory, NC | $4,458,990 | $3,541,261 |
Carolina Collaborative Community Care Inc Fayetteville, NC | $3,441,365 | $1,867,243 |
Georgia Partnership For Telehealth Inc Waycross, GA | $926,460 | $2,337,188 |
Stand Inc Decatur, GA | $355,714 | $2,298,912 |
Coastal Plains Physician Associates Varnville, SC | $1,816,732 | $950,087 |
Thrive Ss Inc East Point, GA | $933,522 | $1,344,516 |