The Sholton Foundation
- Assets
- $125.1k
- Revenue
- $100.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 05/2001
- Data as of
- 12/2022
- EIN
- 92-0171810
Organization Overview
The Sholton Foundation is located in Anchorage, AK. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Sholton 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, Sholton Foundation generated $100.3k in total revenue. All expenses for the organization totaled $53.1k during the year ending 12/2022.
Since 2014, Sholton Foundation has awarded 114 individual grants totaling $562,200. 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 |
|---|---|---|---|
Rita N Sholton President, Treasurer | 0.2 | $0 | |
Adam G Sholton Director | 0.1 | $0 | |
Mary Sholton Witte Secretary, Vice President | 0.1 | $0 | |
Paul R Sholton Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $269 |
| 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 | $0 |
| Total Revenue | $100,269 |
| 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 | $0 |
| Total operating and administrative expenses | $2,850 |
| Contributions, gifts, grants paid | $50,200 |
| Total expenses and disbursements | $53,050 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $125,115 |
| 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 | $125,115 |
| 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 Sholton Foundation has awarded $50,200 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Port Washington, NY PURPOSE: PROMOTE RESEARCH ON TREATMENT OF MARFAN SYNDROME AND RELATED DISORDERS. | $10,000 |
Anchorage, AK PURPOSE: MUSEUM DEVELOPMENT AND PRESERVATION | $10,000 |
UAA FOUNDATION PURPOSE: EDUCATION | $5,000 |
PROVIDENCE ALASKA FOUNDATION PURPOSE: HEALTHCARE FOR THOSE IN NEED | $5,000 |
SALVATION ARMY PURPOSE: COMMUNITY SERVICES | $3,000 |
ANCHORAGE MUSEUM PURPOSE: EDUCATION | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mount Baker Foundation Bellingham, WA | $42,225,548 | $9,346,004 |
Craig And Susan Mccaw Foundation Kirkland, WA | $12,162,493 | $989,970 |
Mona Foundation Bellevue, WA | $4,431,589 | $2,318,161 |
Allen Institute For Artificial Intelligence Seattle, WA | $34,288 | $1,296,035 |
Sunbridge Foundation Seattle, WA | $16,943,375 | $1,420,322 |
Evertrust Foundation Everett, WA | $7,898,804 | $1,055,005 |
Washington Federal Foundation Seattle, WA | $444,132 | $1,000,247 |
Alaska Airlines Foundation Anchorage, AK | $9,466,696 | $1,525,965 |
Rei Cooperative Action Fund Sumner, WA | $1,772,720 | $1,772,720 |
Lily Pointe Family Foundation Snoqualmie, WA | $2,860,497 | $620,864 |
Johnson & Haefling Family Foundation Bainbridge Island, WA | $0 | $10,802 |
Huna Heritage Foundation Inc Juneau, AK | $285,957 | $448,829 |