Wallace A Schindel Charitable Trust
- Assets
- $404.1k
- Revenue
- $23.1k
- Investments
- $396.6k
- Employees
- 0
- Location
- Portland, OR
- Founding
- 06/1980
- Data as of
- 12/2021
- EIN
- 82-6054822
Organization Overview
Wallace A Schindel Charitable Trust is located in Portland, OR. The organization was established in 1980. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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.
For the year ending 12/2021, Wallace A Schindel Charitable Trust generated $23.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $44.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Us Bank Na Trustee | 1 | $3,953 | |
Edward D Ahrens Charitable Committee | 1 | $0 | |
Darin Deangeli Charitable Committee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,094 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,986 |
| Capital Gain Net Income | $13,986 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,080 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,953 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,657 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,715 |
| Contributions, gifts, grants paid | $25,500 |
| Total expenses and disbursements | $44,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,514 |
| 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 | $396,590 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $404,104 |
| 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, Wallace A Schindel Charitable Trust has awarded $25,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Boise, ID PURPOSE: COUNSELING/ASSISTANCE FOR CHILDREN & FAMILIES | $6,000 |
RISE ABOVE - PERFORMANCE AND NUTRITION TRAINING PURPOSE: GENERAL SUPPORT | $6,000 |
Garden City, ID PURPOSE: PROVIDES CHILDHOOD SERVICES/RESOURCES | $5,000 |
CULINARY SKILLS TRAINING CENTER INC DBA LIFE'S KITCHEN PURPOSE: LIFE SKILLS TRAINING FOR YOUTH | $5,000 |
Boise, ID PURPOSE: TO GUIDE GIRLS AGES 5-17 IN THE DEVELOPMENT OF VALUES | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Wattis Dumke Foundation Inc Ketchum, ID | $124,566 | $75,918 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |
Klm Foundation Los Angeles, CA | $0 | $8,859,147 |
Tongass Timber Trust Mukilteo, WA | $5,700,029 | $5,800,281 |
Nobbs Family Foundation San Diego, CA | $61,708,862 | $4,055,115 |
P F Bresee Foundation Los Angeles, CA | $3,574,521 | $4,338,707 |
The Dalai Lama Foundation Shoreline, WA | $6,300,895 | $851,528 |
Carrico Family Foundation Medford, OR | $33,120,720 | $4,067,868 |
Hitz Foundation Palo Alto, CA | $70,645,117 | $12,925,863 |