Howard And Lynne Schechter Family Foundation Inc
- Assets
- $1.7m
- Revenue
- $307.7k
- Investments
- $1.6m
- Employees
- 0
- Location
- Delray Beach, FL
- Founding
- 02/2012
- Data as of
- 12/2021
- EIN
- 80-0740532
Organization Overview
Howard And Lynne Schechter Family Foundation Inc is located in Delray Beach, FL. The organization was established in 2012. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Howard And Lynne Schechter 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 12/2021, Howard And Lynne Schechter Family Foundation Inc generated $307.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $91.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Howard And Lynne Schechter Family Foundation Inc has awarded 27 individual grants totaling $214,878. 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 |
|---|---|---|---|
Howard O Schechter Director | 0 | $0 | |
Lynne D Schechter Director | 0 | $0 | |
Loren Schechter Director | 0 | $0 | |
Beth Schechter Bernat Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $202,625 |
| Interest on Savings | $34 |
| Dividends & Interest | $39,075 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $65,964 |
| Capital Gain Net Income | $65,964 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $307,698 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $244 |
| Total operating and administrative expenses | $7,993 |
| Contributions, gifts, grants paid | $83,530 |
| Total expenses and disbursements | $91,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,562 |
| Savings and temporary cash investments | $0 |
| 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 | $1,665,975 |
| 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, Howard And Lynne Schechter Family Foundation Inc has awarded $83,530 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Deerfield, IL PURPOSE: UNRESTRICTED USE | $35,275 |
FRIENDS OF THE IDF PURPOSE: UNRESTRICTED USE | $15,000 |
SOLOMON SCHECHTER DAY SCHOOL PURPOSE: UNRESTRICTED USE | $14,630 |
NORTH SUBURBAN CONGREGATION BETH-EL PURPOSE: UNRESTRICTED USE | $11,100 |
JEWISH UNITED FUND PURPOSE: UNRESTRICTED USEUNRESTRICTED USE | $5,000 |
BNAI TORAH PURPOSE: UNRESTRICTED USEUNRESTRICTED USE | $1,075 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Caring Foundation Birmingham, AL | $70,981,159 | $5,434,235 |
Malone Family Foundation Hobe Sound, FL | $111,664,161 | $13,667,566 |
The Fairholme Foundation Coral Gables, FL | $289,766,586 | $285,369 |
Nicklaus Childrens Health Care Foundation Inc North Palm Beach, FL | $45,302,726 | $13,320,876 |
Albert L Ueltschi Foundation Vero Beach, FL | $287,931,919 | $1,247,906 |
Speedwell Foundation Atlanta, GA | $165,926,993 | $26,115,784 |
Holtz Charitable Foundation Inc Orlando, FL | $5,015,513 | $2,659,459 |
Wiregrass Foundation Dothan, AL | $101,684,443 | $2,886,891 |
The St Joe Community Foundation Inc Panama City Beach, FL | $5,065,380 | $5,661,153 |
Anthony And Christie De Nicola Foundation Englewood, FL | $68,737,760 | $5,161,997 |
West Florida Premier Soccer Club Inc Brandon, FL | $880,382 | $3,137,006 |
Taishoff Family Foundation Inc Naples, FL | $26,940,547 | $4,761,769 |