Harold & Arlene Schnitzer Care Foundation
- Assets
- $75.4m
- Revenue
- $7.7m
- Investments
- $54.0m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 02/1995
- Data as of
- 12/2022
- EIN
- 93-1159884
Organization Overview
Harold & Arlene Schnitzer Care Foundation is located in Portland, OR. The organization was established in 1995. 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. Harold & Arlene Schnitzer Care 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, Harold & Arlene Schnitzer Care Foundation generated $7.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $4.5m during the year ending 12/2022. While expenses have increased by 4.0% 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 2017, Harold & Arlene Schnitzer Care Foundation has awarded 515 individual grants totaling $27,732,637. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
THE "CARE TO SHARE" PROGRAM WAS ESTABLISHED IN COLLABORATION WITH OREGON HEALTH & SCIENCES UNIVERSITY TO ASSIST LOW-INCOME AND NON-INSURED FAMILIES THAT DO NOT HAVE THE FINANCIAL RESOURCES AVAILABLE TO PROVIDE BASIC CARE AND MEDICAL NEEDS FOR THEIR FAMILY. THE PROGRAM'S FOCUS IS ON THE MANY FAMILIES NEEDING HELP WHEN DEALING WITH A CHILD OR FAMILY MEMBER THAT HAS BEEN RECENTLY DIAGNOSED WITH AN ACUTE OR CHRONIC MEDICAL CONDITION. THE PROGRAM SPECIFICALLY SUPPORTS FAMILY MEDICAL NEEDS THAT ARE NOT OTHERWISE MET THROUGH FEDERAL AND STATE PROGRAMS. MEDICAL NEEDS SUPPORTED BY THE FOUNDATION RANGE FROM PROVIDING TRANSPORTATION, TO DENTAL WORK, TO EMERGENCY SURGICAL PROCEDURES AND DIABETIC SUPPLIES. THE FOUNDATION DOES NOT EXERCISE ANY CONTROL OVER THE PROFESSIONAL CARE AND JUDGMENT OF THE DOCTORS SELECTED FOR MEDICAL CARE. FOR 2022, THE PROGRAM SERVED 120 FAMILIES.
THE FOUNDATION BELIEVES THERE SHOULD BE AN OPPORTUNITY FOR YOUNG PEOPLE TO IMPROVE THE QUALITY OF THEIR COMMUNITIES. THE "COMMUNICARE" PROGRAM WAS ESTABLISHED AS A PROGRAM TO PROVIDE AN ENVIRONMENT WHERE TEENS LEARN ABOUT THE NEEDS OF THEIR COMMUNITY THROUGH GRANTMAKING AND DEVELOP A LONG-TERM UNDERSTANDING OF PHILANTHROPY AND ETHIC OF VOLUNTEERISM. BY CHALLENGING STUDENTS TO ENGAGE IN COMMUNITY SERVICE THAT IS BOTH REWARDING AND EDUCATIONAL, WE HOPE TO ENCOURAGE THEM TO BECOME ACTIVE LEADERS IN THE FUTURE. FOR 2022, THE PROGRAM PARTNERED WITH 60 GROUPS OF STUDENTS ACROSS 32 SCHOOLS, SERVING APPROXIMATELY 1,194 STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan D Schnitzer Director/president | 1 | $0 | |
Jeffrey F Nudelman Secretary | 1 | $0 | |
Renee Dockweiler Vice President, Tax | 1 | $0 | |
Arielle Schntizer Director | 1 | $0 | |
Audria Schntizer Director | 1 | $0 | |
Cameron Davis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,137,498 |
| Interest on Savings | $6,084 |
| Dividends & Interest | $218,293 |
| Net Rental Income | $478,955 |
| Net Gain on Sale of Assets | $313,762 |
| Capital Gain Net Income | $313,762 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,448,711 |
| Total Revenue | $7,711,813 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $51,513 |
| Other employee salaries and wages | $305,244 |
| Pension plans, employee benefits | $39,220 |
| Interest | $253,071 |
| Taxes | $545,066 |
| Depreciation | $359,621 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $19,739 |
| Printing and publications | $0 |
| Other expenses | $1,201,952 |
| Total operating and administrative expenses | $2,789,001 |
| Contributions, gifts, grants paid | $1,677,540 |
| Total expenses and disbursements | $4,466,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,286,970 |
| Net Accounts receivable | $83,069 |
| 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 | $60,202 |
| Net Investments - land, buildings, equipment | $16,824,032 |
| Investments—mortgage loans | $0 |
| Investments—other | $54,013,413 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,099,668 |
| Total assets | $75,367,354 |
| Accounts payable and accrued expenses | $16,633 |
| Grants payable | $1,695,000 |
| Deferred revenue | $15,157 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $5,280,843 |
| Other liabilities | $1,042,611 |
| Total liabilities | $8,050,244 |
Grants Awarded
Over the last fiscal year, Harold & Arlene Schnitzer Care Foundation has awarded $2,188,591 in support to 68 organizations.
| Grant Recipient | Amount |
|---|---|
ALS ASSOCIATION OF OR & SW WA PURPOSE: SUPPORT: WALK TO DEFEAT ALS | $2,337 |
AMERICAN ONLINE GIVING FOUNDATION PURPOSE: MATCHING GIFTS | $17,714 |
ARCS FOUNDATION PURPOSE: SUPPORT: HAROLD SCHNITZER SCHOLAR AWARD | $5,609 |
BEAVERTON ARTS FOUNDATION PURPOSE: PERFORMING ARTS BUILDING - CAPITAL | $233,727 |
BELLEVUE ARTS MUSEUM PURPOSE: GENERAL OPERATING SUPPORT | $18,698 |
CATLIN GABEL SCHOOL PURPOSE: SPONSORSHIP: 2022 AUCTION | $23,373 |