Randy & Katherine Schneewind Family Foundation
- Assets
- $364.0k
- Revenue
- $5.5k
- Investments
- $350.7k
- Employees
- 0
- Location
- Deephaven, MN
- Founding
- 04/2017
- Data as of
- 12/2022
- EIN
- 81-4746684
Organization Overview
Randy & Katherine Schneewind Family Foundation is located in Deephaven, MN. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Randy & Katherine Schneewind Family 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 12/2022, Randy & Katherine Schneewind Family Foundation generated $5.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (47.8%) each year. All expenses for the organization totaled $67.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Randy & Katherine Schneewind Family Foundation has awarded 22 individual grants totaling $360,665. 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 |
|---|---|---|---|
Katherine Schneewind President & Secretary | 1 | $0 | |
Randy Schneewind Vice President & Treasurer | 1 | $0 | |
Brooke Schneewind Director | 1 | $0 | |
Kate Zydowsky Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25 |
| Interest on Savings | $7 |
| Dividends & Interest | $6,837 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,345 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,524 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,297 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $8,958 |
| Contributions, gifts, grants paid | $58,000 |
| Total expenses and disbursements | $66,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,666 |
| Savings and temporary cash investments | $10,607 |
| 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 | $171,073 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $363,991 |
| 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, Randy & Katherine Schneewind Family Foundation has awarded $58,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MUSICAL INSTRUMENT MUSEUM PURPOSE: GENERAL SUPPORT | $20,000 |
MAKE-A-WISH PURPOSE: GENERAL SUPPORT | $9,000 |
MINNESOTA LANDSCAPE ARBORETUM FOUNDATION PURPOSE: GENERAL SUPPORT | $9,000 |
SMILE NETWORK INTERNATIONAL PURPOSE: GENERAL SUPPORT | $1,000 |
TOGETHER FOR GOOD PURPOSE: GENERAL SUPPORT | $9,000 |
YELLOWSTONE CLUB COMMUNITY FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |