Sheldrake Foundation
- Assets
- $976.2k
- Revenue
- $28.6k
- Investments
- $918.7k
- Employees
- 0
- Location
- Friday Harbor, WA
- Founding
- 05/2017
- Data as of
- 12/2023
- EIN
- 81-4722145
Organization Overview
Sheldrake Foundation is located in Friday Harbor, WA. The organization was established in 2017. 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. Sheldrake 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 12/2023, Sheldrake Foundation generated $28.6k 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 (40.6%) each year. All expenses for the organization totaled $162.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Sheldrake Foundation has awarded 71 individual grants totaling $421,684. 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 |
|---|---|---|---|
Adam R Draizin President | 1 | $0 | |
Allison D Draizin Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $32,821 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,233 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,596 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,024 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,668 |
| Total operating and administrative expenses | $25,022 |
| Contributions, gifts, grants paid | $137,498 |
| Total expenses and disbursements | $162,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,235 |
| Savings and temporary cash investments | $14,227 |
| 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 | $250 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $976,194 |
| 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, Sheldrake Foundation has awarded $137,498 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
FUTURE 5 INC PURPOSE: GENERAL SUPPORT | $2,000 |
NATIONAL PHILANTHROPIC TRUST PURPOSE: GENERAL SUPPORT - CONTRIBUTION TO A DAF ACCOUNT HELD AT NPT | $89,000 |
RYE COUNTY DAY SCHOOL PURPOSE: GENERAL SUPPORT | $250 |
SAN JUAN ISLANDS ARGRICULTURAL GUILD PURPOSE: GENERAL SUPPORT | $10,000 |
STEP STUDENT EXPEDITION PROGRAM PURPOSE: GENERAL SUPPORT | $10,000 |
SANDPIPERS PHILANTHROPY FUND INC PURPOSE: GENERAL SUPPORT | $3,000 |