Bell Schaefer Family Foundation
- Assets
- $2.9m
- Revenue
- $8.2k
- Investments
- $2.9m
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- Data as of
- 12/2022
- EIN
- 85-3979193
Organization Overview
Bell Schaefer Family Foundation is located in Raleigh, NC. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., 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. Bell Schaefer 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, Bell Schaefer Family Foundation generated $8.2k 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 (38.6%) each year. All expenses for the organization totaled $169.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Bell Schaefer Family Foundation has awarded 42 individual grants totaling $163,495. 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 |
|---|---|---|---|
John Mcnair Bell President & Treasurer | 0 | $0 | |
Laura Schaefer Bell Vice President & Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $27 |
| Dividends & Interest | $11,466 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,317 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,176 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $369 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,696 |
| Contributions, gifts, grants paid | $163,495 |
| Total expenses and disbursements | $169,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $5,983 |
| 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 | $2,870,552 |
| Accounts payable and accrued expenses | $3,200 |
| 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 | $3,200 |
Grants Awarded
Over the last fiscal year, Bell Schaefer Family Foundation has awarded $163,495 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE MEDICAL MINISTRY PURPOSE: DONATION | $1,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: DONATION | $300 |
AMERICAN RED CROSS PURPOSE: DONATION | $1,000 |
APPALACHIAN STATE UNIVERSITY FOUNDATION PURPOSE: DONATION | $1,000 |
AUTISM SOCIETY OF NORTH CAROLINA PURPOSE: DONATION | $300 |
BAND TOGETHER PURPOSE: DONATION | $500 |