Scheidt Family Foundation Inc

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 10/2023, Scheidt Family Foundation Inc generated $995.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $628.0k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Scheidt Family Foundation Inc has awarded 328 individual grants totaling $3,959,403. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

NOT APPLICABLE


NOT APPLICABLE


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Board, Officers & Key Employees

Name (title)Compensation
E Elkan Scheidt
Vice Pres
$0
Susan Scheidt Arney
Vice Pres
$0
Rudi E Scheidt Jr
Vice Pres
$0
Helen Scheidt Gronauer
Vice Pres
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $718,025
Interest on Savings $993
Dividends & Interest $235,791
Net Rental Income$0
Net Gain on Sale of Assets $40,184
Capital Gain Net Income $40,184
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $994,993

Grants Awarded

Over the last fiscal year, Scheidt Family Foundation Inc has awarded $569,950 in support to 29 organizations.

Grant RecipientAmount

GPAC

PURPOSE: SUPPORT FOR THE OPERATIONS OF GPAC

$25,000

LEVITT SHELL

PURPOSE: SUPPORT FOR THE OPERATIONS OF LEVITT SHELL

$10,000

PRESBYTERIAN SCHOOL

PURPOSE: SUPPORT FOR THE OPERATIONS OF PRESBYTERIAN SCHOOL

$2,000

TULANE UNIVERSITY

PURPOSE: SUPPORT FOR THE OPERATIONS OF TULANE UNIVERSITY

$15,000

DIXON GALLERY AND GARDEN

PURPOSE: SUPPORT FOR THE OPERATIONS OF DIXON GALLERY AND GARDEN

$5,000

MEMPHIS BROOKS MUSEUM

PURPOSE: SUPPORT FOR THE OPERATIONS OF MEMPHIS BROOKS MUSEUM

$5,000
View Grant Profile

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James M Cox Foundation Of Ga Inc
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Jane Woodruff Foundation Inc
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A Good Name Foundation Inc
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$32,887,365
Ups Foundation Inc
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Wend Ii Inc
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Humana Foundation Inc
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Claude And Betty Harris Foundation Inc
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$6,969,966
Hall Family Foundation
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$87,869,006
O Wayne Rollins Foundation
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$21,609,282
Marion And Henry Bloch Family Foundation
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$30,186,820
Claws Foundation
Reston, VA
$10,612,124
Patterson Family Foundation
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$14,332,622
The Murray & Sydell Rosenberg Foundation Inc
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$38,164,549
Goizueta Foundation Inc
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$23,129,390
Smith Richardson Foundation Inc
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-$54,374,393
The Leon Levine Foundation
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$101,958,051

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