Penn Schoellkopf Fund Inc
- Assets
- $410.4k
- Revenue
- -$32.8k
- Investments
- $382.3k
- Employees
- 0
- Location
- Buffalo, NY
- Founding
- 11/1966
- Data as of
- 12/2022
- EIN
- 16-6071354
Organization Overview
Penn Schoellkopf Fund Inc is located in Buffalo, NY. The organization was established in 1966. 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. Penn Schoellkopf Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Penn Schoellkopf Fund Inc has awarded 110 individual grants totaling $217,250. 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 |
|---|---|---|---|
Susan B Schoellkopf Director | 0.1 | $0 | |
Jane S Banta Director | 0.1 | $0 | |
Ann S Jewett Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,192 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$37,301 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $307 |
| Total Revenue | -$32,802 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,485 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $319 |
| Total operating and administrative expenses | $11,149 |
| Contributions, gifts, grants paid | $36,000 |
| Total expenses and disbursements | $47,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,910 |
| Savings and temporary cash investments | $23,252 |
| 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 | $410,414 |
| 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, Penn Schoellkopf Fund Inc has awarded $36,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
BUFFALO THERAPEUTIC RIDING CENTER PURPOSE: UNRESTRICTED | $4,000 |
CRADLE BEACH CAMP PURPOSE: UNRESTRICTED | $1,000 |
BETSY-JEFF PENN 4-H CENTER PURPOSE: UNRESTRICTED | $1,000 |
DANNY & RON'S RESCUE PURPOSE: UNRESTRICTED | $2,000 |
DRAVES ARBORETUM PURPOSE: UNRESTRICTED | $2,000 |
ELMWOOD FRANKLIN SCHOOL PURPOSE: UNRESTRICTED | $2,500 |