The Schumann Family Foundation
- Assets
- $21.8k
- Revenue
- $8.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Castle Rock, CO
- Founding
- Data as of
- 12/2021
- EIN
- 83-1844537
Organization Overview
The Schumann Family Foundation is located in Castle Rock, CO. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schumann 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, Schumann Family Foundation generated $8.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (50.6%) each year. All expenses for the organization totaled $15.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (43.8%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT TO AN ELDERHOME AND TIBETAN REFUGEE SETTLEMENT IN BYLAKUPPE, INDIA TOILETRIES, FOOD, MEDICAL CARE AND MEDICINE; SCHOLARSHIP FOR PHD
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick A Schumann MD Board Member | 0.5 | $0 | |
Sarah Schumann Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,250 |
| Interest on Savings | $24 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,328 |
| Total Revenue | $8,602 |
| 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 | $1,600 |
| Total operating and administrative expenses | $1,600 |
| Contributions, gifts, grants paid | $13,387 |
| Total expenses and disbursements | $14,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,772 |
| 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 | $21,772 |
| 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, The Schumann Family Foundation has awarded $13,387 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MACHIK JAB PURPOSE: SCHOLARSHIP FOR PHD | $7,800 |
CENTRAL TIBETAN ADMINISTRATION PURPOSE: ELDER NURSING HOME | $5,587 |
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Asian And Pacific Islander Wellness Center Inc San Francisco, CA | $9,826,509 | $16,014,921 |
Cox Health Systems Hmo Inc Springfield, MO | $37,618,692 | $12,571,299 |
Logan Health - Shelby Kalispell, MT | $10,902,864 | $9,872,273 |
Independent Living Services Inc Conway, AR | $17,341,970 | $13,877,516 |
Peking University Education Foundation Usa San Mateo, CA | $72,899,671 | $11,690,196 |
St Johns Volunteers San Mateo, CA | $10,199,259 | $10,484,623 |
Tcs Education - Texas Inc Richardson, TX | $4,390,066 | $6,478,064 |