Sidney Schonfeld Foundation
- Assets
- $684.0k
- Revenue
- $46.7k
- Investments
- $675.0k
- Employees
- 0
- Location
- Burlingame, CA
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 14-1988900
Organization Overview
Sidney Schonfeld Foundation is located in Burlingame, CA. The organization was established in 2008. 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. Sidney Schonfeld 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, Sidney Schonfeld Foundation generated $46.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $70.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sidney Schonfeld Foundation has awarded 47 individual grants totaling $460,000. 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 |
|---|---|---|---|
Robert Schonfeld President & Director | 0.25 | $0 | |
Kevin Tam Cfo, Secretary & Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $104 |
| Dividends & Interest | $15,525 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31,021 |
| Capital Gain Net Income | $31,021 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16 |
| Total Revenue | $46,666 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,040 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $65 |
| Total operating and administrative expenses | $10,728 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $70,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,976 |
| 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 | $684,025 |
| 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, Sidney Schonfeld Foundation has awarded $60,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BUILDING OPPORTUNITIES FOR SELF-SUFFICIENCY PURPOSE: TO SUPPORT HOUSING, HEALTH, INCOME AND SOCIAL PROGRAMS | $5,000 |
JEWISH FAMILY & CHILDREN'S SERVICES PURPOSE: GENERAL OPERATING FUND | $10,000 |
CHRONICLE SEASON OF SHARING PURPOSE: GENERAL OPERATING FUND | $20,000 |
MEALS ON WHEELS PURPOSE: GENERAL OPERATING FUND | $5,000 |
PROJECT OPEN HAND PURPOSE: GENERAL OPERATING FUND | $10,000 |
ST ANTHONY FOUNDATION PURPOSE: GENERAL OPERATING FUND | $5,000 |