Schofield Family Foundation
- Assets
- $45.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palos Heights, IL
- Founding
- 11/2018
- Data as of
- 12/2020
- EIN
- 83-2188340
Organization Overview
Schofield Family Foundation is located in Palos Heights, IL. The organization was established in 2018. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schofield 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 12/2020, Schofield Family Foundation generated $39.6k 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 (26.2%) each year. All expenses for the organization totaled $43.2k during the year ending 12/2020. 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 |
|---|---|---|---|
John Coyne Director | 0 | $0 | |
Kendall Coyne Schofield President | 0 | $0 | |
Michael Schofield Jr Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,801 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $32,848 |
| Other Revenue | $0 |
| Total Revenue | $39,649 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $494 |
| Total expenses | $43,219 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,922 |
| Other assets | $0 |
| Total assets | $45,922 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,922 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Schofield Family Foundation has recieved totaling $2,567.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $67 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childserve Foundation Inc Johnston, IA | $15,317,194 | $6,918,113 |
Iowa Community Action Association Des Moines, IA | $753,837 | $3,823,427 |
Share Our Spare Chicago, IL | $1,000,301 | $3,535,972 |
Lux Family Foundation St Louis, MO | $0 | $335,497 |
Voice Of Judah Israel Inc Fort Wayne, IN | $1,559,331 | $3,178,865 |
Cornerstone Of Hope Inc Paducah, KY | $781,400 | $2,454,747 |
Virginia Henry Charitable Trust 0403231952 Po Box Chicago, IL | $27,737,979 | $3,536,006 |
American Warrior Initiative Inc Madison, WI | $3,298,583 | $1,806,705 |
Chaddock Childrens Foundation Quincy, IL | $5,809,375 | $1,961,321 |
Chicago White Sox Charities Inc Chicago, IL | $4,778,883 | $3,310,890 |
Emerson Directors & Officers Charitable Tr Po Box Chic, IL | $2,873,134 | $770,284 |
Invest For Kids Inc Chicago, IL | $849,493 | $1,726,967 |