Monroe-Schuler Foundation
- Assets
- $6.1m
- Revenue
- $425.8k
- Investments
- $6.0m
- Employees
- 0
- Location
- Reno, NV
- Founding
- 05/2007
- Data as of
- 12/2022
- EIN
- 20-5968471
Organization Overview
Monroe-Schuler Foundation is located in Reno, NV. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Monroe-Schuler 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, Monroe-Schuler Foundation generated $425.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $408.7k during the year ending 12/2022. While expenses have increased by 6.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Monroe-Schuler Foundation has awarded 105 individual grants totaling $994,026. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth M Schuler Trustee | 38 | $24,000 | |
Michael E Schuler Trustee | 38 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $120,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $145,359 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $147,031 |
| Capital Gain Net Income | $147,031 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,395 |
| Total Revenue | $425,785 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $42,301 |
| Interest | $0 |
| Taxes | $14,370 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $136,955 |
| Total operating and administrative expenses | $293,443 |
| Contributions, gifts, grants paid | $115,305 |
| Total expenses and disbursements | $408,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,125 |
| 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 | $674,498 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,117,370 |
| 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 | $6,737 |
| Total liabilities | $6,737 |
Grants Awarded
Over the last fiscal year, Monroe-Schuler Foundation has awarded $115,305 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION NORTHERN NV PURPOSE: WCSAR BANQUET | $4,500 |
COMMUNITY FOUNDATION NORTHERN NV (BOARD OPERATIONS) PURPOSE: COMMUNITY OUTREACH | $5,000 |
EMPOWERMENT CENTER PURPOSE: COMMUNITY OUTREACH | $4,300 |
HAVA (HONORED AMERICAN VETERANS AFIELD) PURPOSE: COMMUNITY OUTREACH | $8,000 |
HEALTH NETWORK FOUNDATION PURPOSE: COMMUNITY OUTREACH | $10,000 |
NEVADA HUMANE SOCIETY PURPOSE: COMMUNITY OUTREACH | $2,000 |