Jordan Schnitzer Family Foundation
- Assets
- $34.1m
- Revenue
- $10.4m
- Investments
- $3.2m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 93-1236637
Organization Overview
Jordan Schnitzer Family Foundation is located in Portland, OR. The organization was established in 1998. 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. Jordan Schnitzer Family 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, Jordan Schnitzer Family Foundation generated $10.4m in total revenue. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 61.0% 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, Jordan Schnitzer Family Foundation has awarded 22 individual grants totaling $33,505,557. 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
2021
Describe the Organization's Program Activity:
THE FOUNDATION CONTINUED TO EXPAND ITS COLLECTION AND EXHIBITION AND LENDING PROGRAM DESPITE ONGOING CHALLENGES IN THE ARTS COMMUNITY DUE TO THE GLOBAL PANDEMIC. THE FOUNDATION WORKED WITH NUMEROUS MUSEUMS TO EXTENDED LOAN PERIODS AND SHIFT SCHEDULES TO ACCOMMODATE MUSEUM CLOSURES AND LIMITED PUBLIC ACCESS. THE FOUNDATION CONTINUED ITS SUPPORT FOR NATIONALLY TRAVELING EXHIBITIONS: MARION ART GALLERY AT FREDONIA, THE PATRICIA & PHILLIP FROST ART; BOISE ART MUSEUM; MUSEUM OF NORTHWEST ARTS AND CULTURE; MUSEUM OF ART AT BALL STATE UNIVERSITY; FIGGE MUSEUM; YELLOWSTONE ART MUSEUM; UNIVERSITY MUSEUM OF CONTEMPORARY ART; CHAZEN MUSEUM OF ART; JORDAN SCHNITZER MUSEUM OF ART. THE FOUNDATION ALSO ORGANIZED FOUR NEW EXHIBITIONS, INCLUDING ITS FIRST PRESENTATION INTERNATIONALLY: FRIST ART MUSEUM; ESKER FOUNDATION; THE UNIVERSITY OF ARIZONA MUSEUM OF ART AND; PALMER ART MUSEUM AT PENN STATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan D Schnitzer Exec. Director/president | 5 | $0 | |
Renee Dockweiler Vice Pres., Tax | 1 | $0 | |
Arielle Schnitzer Asst. VP | 1 | $0 | |
Jeffrey F Nudelman Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,238,560 |
| Interest on Savings | $486 |
| Dividends & Interest | $24 |
| 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 | $159,698 |
| Total Revenue | $10,398,768 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $6,805 |
| Pension plans, employee benefits | $0 |
| Interest | $27 |
| Taxes | $31,434 |
| Depreciation | $0 |
| Occupancy | $3,195 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $488,668 |
| Total operating and administrative expenses | $530,129 |
| Contributions, gifts, grants paid | $1,246,135 |
| Total expenses and disbursements | $1,776,264 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,638 |
| Savings and temporary cash investments | $210,805 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $7,623,168 |
| 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 | $19,250 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,185,389 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $22,986,633 |
| Total assets | $34,063,883 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $8,123,167 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,659,623 |
| Total liabilities | $9,782,790 |
Grants Awarded
Over the last fiscal year, Jordan Schnitzer Family Foundation has awarded $9,369,303 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
WASHINGTON STATE UNIVERSITY FOUNDATION PURPOSE: PLEDGE ON BEHALF OF JORDAN SCHNITZER MUSEUM OF ART | $6,623,168 |
PORTLAND STATE UNIVERSITY FOUNDATION PURPOSE: PLEDGE ON BEHALF OF JORDAN SCHNITZER MUSEUM OF ART | $1,000,000 |
PORTLAND STATE UNIVERSITY FOUNDATION PURPOSE: PLEDGE ON BEHALF OF JORDAN SCHNITZER MUSEUM OF ART | $1,000,000 |
Eugene, OR PURPOSE: PLEDGE ON BEHALF OF JORDAN SCHNITZER MUSEUM OF ART | $500,000 |
WASHINGTON STATE UNIVERSITY FOUNDATION PURPOSE: PLEDGE ON BEHALF OF JORDAN SCHNITZER MUSEUM OF ART | $221,135 |
Philadelphia, PA PURPOSE: PLEDGE ON BEHALF OF JORDAN SCHNITZER MUSEUM OF ART | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |