Schrock Fam Foundation
- Assets
- $163.4k
- Revenue
- -$1.6k
- Investments
- $161.4k
- Employees
- 0
- Location
- Gilbert, AZ
- Founding
- 04/2004
- Data as of
- 12/2022
- EIN
- 20-0489095
Organization Overview
Schrock Fam Foundation is located in Gilbert, AZ. The organization was established in 2004. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schrock Fam Foundation 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, Schrock Fam Foundation has awarded 16 individual grants totaling $301,062. 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 |
|---|---|---|---|
L Kay Schrock Director & President | 1 | $0 | |
Donald E Schrock Director, Secretary & CFO | 1 | $0 | |
Steven Brent Huntington Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,958 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,534 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,576 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $287 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,001 |
| Total operating and administrative expenses | $7,088 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $7,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,053 |
| 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 | $161,366 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $163,419 |
| 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, Schrock Fam Foundation has awarded $123,108 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA STATE UNIVERSITY PURPOSE: GENERAL | $12,108 |
FEEDING AMERICA PURPOSE: GENERAL | $1,000 |
HOUSE OF REFUGE PURPOSE: GENERAL | $10,000 |
MAYO CLINIC PURPOSE: GENERAL | $100,000 |