Randy & Katherine Schneewind Family Foundation
- Assets
- $541.0k
- Revenue
- $294.2k
- Investments
- $499.7k
- Employees
- 0
- Location
- Deephaven, MN
- Founding
- 04/2017
- Data as of
- 12/2021
- 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 12/2021, Randy & Katherine Schneewind Family Foundation generated $294.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $135.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Randy & Katherine Schneewind Family Foundation has awarded 30 individual grants totaling $579,329. 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 |
|---|---|---|---|
Randy Schneewind Vice President & Treasurer | 1 | $0 | |
Katherine Schneewind President & Secretary | 1 | $0 | |
Brooke Schneewind Director | 1 | $0 | |
Kate Zydowsky Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $206,021 |
| Interest on Savings | $3 |
| Dividends & Interest | $8,662 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $79,487 |
| Capital Gain Net Income | $79,487 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $294,173 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $636 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $7,381 |
| Contributions, gifts, grants paid | $128,333 |
| Total expenses and disbursements | $135,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,653 |
| Savings and temporary cash investments | $36,594 |
| 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 | $244,217 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $540,952 |
| 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 $128,333 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WESTWOOD CHURCH PURPOSE: GENERAL SUPPORT | $100,000 |
Phoenix, AZ PURPOSE: GENERAL SUPPORT | $20,000 |
Minneapolis, MN PURPOSE: SUPPORT GREATNESS AT THE UNIVERSITY OF MINNESOTA | $8,333 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Childrens Fund Inc Neenah, WI | $1,153,019 | $79,562,043 |
Ghr Foundation Minneapolis, MN | $0 | $118,752,892 |
Alfred And Isabel Bader 2014 Charitable Trust Milwaukee, WI | $88,717,556 | $62,553,918 |
Goodman Family Operating Foundation Chaska, MN | $298,216,479 | $15,439,155 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Wca Foundation C/O The Minneapolis Foundation Minneapolis, MN | $0 | $1,050,329 |
Esther And Harold Mertz Foundation Sioux Falls, SD | $674,132,608 | $21,835,940 |
Larson Foundation Sioux Falls, SD | $23,259,212 | -$633,184 |
John T Vucurevich Foundation Rapid City, SD | $151,565,692 | $20,798,188 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |
Pohlad Family Foundation Minneapolis, MN | $102,001,164 | $18,381,775 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |