Speckman Family Foundation
- Assets
- $4.8m
- Revenue
- $443.5k
- Investments
- $4.7m
- Employees
- 0
- Location
- Springfield, OR
- Founding
- 11/2006
- Data as of
- 12/2022
- EIN
- 20-5591972
Organization Overview
Speckman Family Foundation is located in Springfield, OR. The organization was established in 2006. 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. Speckman 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, Speckman Family Foundation generated $443.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $307.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Speckman Family Foundation has awarded 49 individual grants totaling $1,673,106. 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 |
|---|---|---|---|
Dr Calvin A Speckman President, Dire | 2 | $0 | |
Roxanne Cadotte-Speckman Director | 2 | $0 | |
Travis L Sydow Secretary, Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $205 |
| Dividends & Interest | $142,943 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $100,332 |
| Capital Gain Net Income | $100,332 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $443,480 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,548 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $34,846 |
| Contributions, gifts, grants paid | $273,010 |
| Total expenses and disbursements | $307,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,269 |
| 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 | $4,665,717 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,783,986 |
| Accounts payable and accrued expenses | $10,031 |
| 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 | $10,031 |
Grants Awarded
Over the last fiscal year, Speckman Family Foundation has awarded $273,010 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SLEEPY EYE EDUCATION FOUNDATION PURPOSE: TWO YEAR TRADE SCHOOL SCHOLARSHIP PROGRAM | $53,500 |
SECOND WIND FUND PURPOSE: CONNECTING YOUTH AT RISK FOR SUICIDE WITH LIFE-SAVING MENTAL HEALTH TREATMENT | $20,000 |
LCC FOUNDATION PURPOSE: NURSE EDUCATION PROGRAM | $99,510 |
TUNNEL TO TOWERS FOUNDATION PURPOSE: SUPPORT FOR OUR NATION'S FIRST RESPONDERS, VETERANS, AND THEIR FAMILIES BY PROVIDING THESE HEROES AND THE FAMILIES THEY LEAVE BEHIND WITH MORTGAGE-FREE HOMES. | $40,000 |
WOUNDED WARRIOR PROJECT PURPOSE: TO SUPPORT MENTAL HEALTH, CAREER COUNSELING, LONG-TERM REHABILITATIVE CARE, AND ADVOCACY EFFORTS TO IMPROVE THE LIVES OF MILITARY VETERANS AND FAMILIES. | $40,000 |
NATIONAL CRIME VICTIM LAW INSTITUTE PURPOSE: TO SUPPORT THE MISSION OF PROTECTING, ENFORCING, AND ADVANCING VICTIMS' RIGHTS. | $10,000 |