The Schneebeck Foundation
- Assets
- $566.4k
- Revenue
- $128.8k
- Investments
- $488.7k
- Employees
- 0
- Location
- Burien, WA
- Founding
- 02/2000
- Data as of
- 12/2021
- EIN
- 91-2007229
Organization Overview
The Schneebeck Foundation is located in Burien, WA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Schneebeck 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, Schneebeck Foundation generated $128.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 50.6% each year . All expenses for the organization totaled $69.8k during the year ending 12/2021. While expenses have increased by 8.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Schneebeck Foundation has awarded 51 individual grants totaling $353,929. 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 |
|---|---|---|---|
Brette Bensinger Director | 4 | $0 | |
Peter Bensinger Vp, Treasurer | 4 | $0 | |
Judy Bensinger Secretary | 4 | $0 | |
Tim Schneebeck Director | 4 | $0 | |
David E Schneebeck President & CEO | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29 |
| Dividends & Interest | $20,197 |
| Net Rental Income | $1 |
| Net Gain on Sale of Assets | $98,787 |
| Capital Gain Net Income | $98,787 |
| Net ST Capital Gain | $152 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,825 |
| Total Revenue | $128,839 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $111 |
| Taxes | $2,152 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $464 |
| Total operating and administrative expenses | $14,195 |
| Contributions, gifts, grants paid | $55,581 |
| Total expenses and disbursements | $69,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,048 |
| Savings and temporary cash investments | $57,890 |
| 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 | $9,700 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $76 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $630 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $566,435 |
| 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 | $1,250 |
| Total liabilities | $1,250 |
Grants Awarded
Over the last fiscal year, The Schneebeck Foundation has awarded $55,581 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ORPHAN RELIEF & RESCUE PURPOSE: DONATION | $15,836 |
Columbus, OH PURPOSE: DONATION | $8,944 |
SHARED HOUSING SERVICES PURPOSE: DONATION | $8,944 |
New York, NY PURPOSE: CHARITABLE DONATION | $8,000 |
LURIE CHILDREN S FOUNDATION PURPOSE: DONATION | $5,836 |
MALNATI BRAIN TUMOR INSTITUTE PURPOSE: CHARITABLE DONATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Mckenzie River Gathering Foundation Portland, OR | $17,520,565 | $8,839,824 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $117,467,534 | $7,345,386 |
The Sarkowsky Family Charitable Foundation Seattle, WA | $565,957 | $3,012,734 |
David And Amy Fulton Foundation Seattle, WA | $63,197,245 | $1,065,965 |
Ronald W Naito Md Foundation Portland, OR | $42,239,889 | $5,436,826 |
Helen E Snedden Foundation Fairbanks, AK | $8,832,360 | $5,012,483 |
The Renaissance Foundation Lake Oswego, OR | $17,519,986 | $2,588,304 |
Sahsen Foundation Seattle, WA | $120,057,207 | $11,828,075 |
Vatheuer Family Foundation Inc Hobart, WA | $0 | $3,733,677 |
Crystal Spring Foundation Seattle, WA | $0 | $2,197,015 |