Susan And Ford Schumann Foundation
- Assets
- $3.0m
- Revenue
- $149.3k
- Investments
- $2.9m
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 08/1987
- Data as of
- 12/2022
- EIN
- 86-0553890
Organization Overview
Susan And Ford Schumann Foundation is located in Scottsdale, AZ. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Susan And Ford Schumann 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, Susan And Ford Schumann Foundation generated $149.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $201.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Susan And Ford Schumann Foundation has awarded 1,274 individual grants totaling $1,844,346. 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 |
|---|---|---|---|
Susan H Schumann President | 1 | $0 | |
Kristy Susan Foster Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $96,179 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,088 |
| Capital Gain Net Income | $53,088 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $149,267 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,246 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $23,934 |
| Contributions, gifts, grants paid | $177,795 |
| Total expenses and disbursements | $201,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,582 |
| Savings and temporary cash investments | $99,683 |
| 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 | $2,977,642 |
| 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, Susan And Ford Schumann Foundation has awarded $177,795 in support to 133 organizations.
| Grant Recipient | Amount |
|---|---|
AARP FOUNDATION PURPOSE: GENERAL FUNDS | $250 |
ACTORS FUND PURPOSE: GENERAL FUNDS | $250 |
AFRICAN WILDLIFE FOUNDATION PURPOSE: GENERAL FUNDS | $2,000 |
AMERICAN ANTI-VIVISECTION SOCIETY PURPOSE: GENERAL FUNDS | $500 |
AMERICAN BATTLEFIELD TRUST PURPOSE: GENERAL FUNDS | $1,000 |
AMERICAN FOUNDATION FOR THE BLIND PURPOSE: GENERAL FUNDS | $300 |