Schnitzer-Novack Foundation
- Assets
- $0.0
- Revenue
- $169.0k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 07/1997
- Data as of
- 12/2022
- EIN
- 93-1220522
Organization Overview
Schnitzer-Novack Foundation is located in San Francisco, CA. The organization was established in 1997. 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 the central organization for a national or regional group of organizations. Schnitzer-Novack 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, Schnitzer-Novack Foundation generated $169.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $9.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Schnitzer-Novack Foundation has awarded 59 individual grants totaling $13,901,036. 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 |
|---|---|---|---|
Gary Schnitzer Trustee | 1 | $0 | |
Melanie Piziali Trustee | 1 | $0 | |
Deborah S Novack Trustee | 1 | $0 | |
Kenneth M Novack Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $72,750 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $96,209 |
| Capital Gain Net Income | $96,209 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $168,959 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $121 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,143 |
| Total operating and administrative expenses | $38,266 |
| Contributions, gifts, grants paid | $9,435,614 |
| Total expenses and disbursements | $9,473,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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, Schnitzer-Novack Foundation has awarded $9,435,614 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NAPA VALLEY FESTIVAL ASSOCIATION PURPOSE: TO SUPPORT ARTISTIC AND CULTURAL ACTIVITIES | $250,000 |
NO BIRTHDAY LEFT BEHIND PURPOSE: TO SUPPORT HOMELESS CHILDREN CELEBRATE THEIR BIRTHDAYS | $10,000 |
SCHNITZER-NOVACK FOUNDATION PURPOSE: TO SUPPORT ONGOING GOALS OF THE FOUNDATION POST TERMINATION | $9,175,614 |