Edward G Schlieder Educational Foundation
- Assets
- $56.8m
- Revenue
- $6.7m
- Investments
- $53.3m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 07/1951
- Data as of
- 12/2022
- EIN
- 72-0408974
Organization Overview
Edward G Schlieder Educational Foundation is located in New Orleans, LA. The organization was established in 1951. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edward G Schlieder Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Edward G Schlieder Educational Foundation has awarded 76 individual grants totaling $22,190,143. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND ADMINISTRATIVE EXPENSES - SEE FORM 990-PF PAGE 1 COLUMN (D) -DISBURSEMENTS FOR CHARITABLE PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura S Shields Director & Treasurer | 0.25 | $0 | |
Elizabeth S Nalty Director & President | 2 | $0 | |
John W Waid Director & Secretary | 0.5 | $0 | |
Shelby Westfeldt Mills Director | 0.25 | $0 | |
Thomas D Westfeldt Director & Vice President | 0.25 | $0 | |
Robert E Edgecombe Exec Secretary/consultant | 5 | $58,333 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eagle Capital Management | 12/30/22 | $401,325 |
Highland Investment Management Group Llc | 12/30/22 | $473,518 |
Villere & Company Llc | 12/30/22 | $74,922 |
Green Turtle Lp | 12/30/22 | $69,891 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $580 |
| Dividends & Interest | $877,292 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,799,211 |
| Capital Gain Net Income | $5,799,211 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,677,083 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $58,333 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $43,602 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41,590 |
| Total operating and administrative expenses | $1,298,409 |
| Contributions, gifts, grants paid | $4,359,600 |
| Total expenses and disbursements | $5,658,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $859,483 |
| Savings and temporary cash investments | $2,690,421 |
| 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 | $56,825,167 |
| 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, Edward G Schlieder Educational Foundation has awarded $6,834,600 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
STAIR (START THE ADVENTURE IN READING) PURPOSE: MATERIALS | $10,000 |
ACADEMY OF THE SACRED HEART PURPOSE: RENOVATION OF MIDDLE AND UPPER SCHOOL LEARNING SPACES | $250,000 |
ISIDORE NEWMAN SCHOOL PURPOSE: BOLLINGER PERFORMING ARTS BUILDING | $100,000 |
TULANE UNIVERSITY PURPOSE: RICHARDSON MEMORIAL CENTER (ARCHITECTURE SCHOOL) RENOVATION | $375,000 |
TRINITY EPISCOPAL SCHOOL PURPOSE: TRINITY 2024 CAPITAL CAMPAIGN | $200,000 |
LOYOLA UNIVERSITY PURPOSE: IGNATIUS CHAPEL | $750,000 |