Scheidt Family Foundation Inc
- Assets
- $0.0
- Revenue
- $847.7k
- Investments
- $6.2m
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 05/1977
- Data as of
- 10/2020
- EIN
- 62-0989531
Organization Overview
Scheidt Family Foundation Inc is located in Memphis, TN. The organization was established in 1977. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Scheidt Family 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 10/2020, Scheidt Family Foundation Inc generated $847.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $483.0k during the year ending 10/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Scheidt Family Foundation Inc has awarded 244 individual grants totaling $2,479,298. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
NOT APPLICABLE
NOT APPLICABLE
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Scheidt Arney Vice Pres | 0 | $0 | |
E Elkan Scheidt Vice Pres | 0 | $0 | |
Rudi E Scheidt Jr Vice Pres | 0 | $0 | |
Helen Scheidt Gronauer Vice Pres | 0 | $0 | |
Helen H Scheidt President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,611 |
| Interest on Savings | $308 |
| Dividends & Interest | $237,582 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $847,650 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $60,028 |
| Contributions, gifts, grants paid | $422,955 |
| Total expenses and disbursements | $482,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $6,692 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Scheidt Family Foundation Inc has awarded $422,955 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
TEMPLE ISRAEL PURPOSE: SUPPORT FOR OPERATIONS OF TEMPLE ISRAEL | $62,855 |
GPAC PURPOSE: SUPPORT FOR THE OPERATIONS OF GPAC | $50,000 |
UNIVERSITY OF MEMPHIS SCHOLARSHIP FOUNDATION PURPOSE: SUPPORT FOR OPERATIONS OF THE UNIVERSITY OF MEMPHIS FOUNDATION | $30,000 |
HENRY S JACOBS CAMP PURPOSE: SUPPORT FOR THE OPERATIONS OF HENRY S. JACOBS CAMP | $25,000 |
UNIVERSITY OF MEMPHIS SCHOOL OF MUSIC PURPOSE: SUPPORT FOR THE UNIVERSITY OF MEMPHIS SCHOOL OF MUSIC | $25,000 |
ST GEORGE'S SCHOOL PURPOSE: SUPPORT FOR THE OPERATIONS OF ST. GEORGE'S SCHOOL | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |