Schley Family Foundation
- Assets
- $250.7k
- Revenue
- $3.5k
- Investments
- $242.7k
- Employees
- 0
- Location
- Boston, MA
- Founding
- 01/2001
- Data as of
- 12/2022
- EIN
- 04-3532342
Organization Overview
Schley Family Foundation is located in Boston, MA. 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. Schley 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 12/2022, Schley Family Foundation generated $3.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 61.6% each year . All expenses for the organization totaled $17.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cibc National Trust Co Care Of Jeff Trustee* | 1 | $0 | |
Fred Marx Trustee, Trustee | 1 | $0 | |
Daniel M Schley Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $86 |
| Dividends & Interest | $2,552 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $849 |
| Capital Gain Net Income | $849 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,487 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,000 |
| Printing and publications | $0 |
| Other expenses | $58 |
| Total operating and administrative expenses | $6,586 |
| Contributions, gifts, grants paid | $11,250 |
| Total expenses and disbursements | $17,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,014 |
| 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 | $250,669 |
| 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, Schley Family Foundation has awarded $11,250 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BELMONT HILL SCHOOL INC PURPOSE: CHARITABLE EVENT | $250 |
INTERNATIONAL MEDICAL CORPS PURPOSE: TO PURCHASE MEDICAL SUPPLIES FOR THE PEOPLE OF UKRAINE | $5,000 |
STONINGTON COMMUNITY ROWING CENTER PURPOSE: JIM DIETZ ROWING CENTER | $1,000 |
SUMMER SEARCH BOSTON PURPOSE: GENERAL & UNRESTRICTED | $4,000 |
WESTPORT ANIMAL SHELTER ADVOCATES PURPOSE: FUNDS TO CARE FOR THE THREE DOGS RETRIEVED FROM SAUGATUCK ROWING CLUB | $1,000 |