Floyd A Schlossberg Foundation
- Assets
- $701.4k
- Revenue
- $80.2k
- Investments
- $507.4k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/2008
- Data as of
- 12/2022
- EIN
- 26-1388688
Organization Overview
Floyd A Schlossberg Foundation is located in Chicago, IL. The organization was established in 2008. 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. Floyd A Schlossberg 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, Floyd A Schlossberg Foundation generated $80.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $58.7k during the year ending 12/2022. While expenses have increased by 0.8% 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, Floyd A Schlossberg Foundation has awarded 39 individual grants totaling $344,050. 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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Floyd Schlossberg President/director | 0.25 | $0 | |
Joan Carl Treasurer/director | 0.25 | $0 | |
Randi Schullo Secretary/director | 0.25 | $0 | |
Ina Schlossberg Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $51,277 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,971 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $80,248 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,262 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $2,913 |
| Contributions, gifts, grants paid | $55,750 |
| Total expenses and disbursements | $58,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,017 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,000 |
| 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 | $13,597 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $701,434 |
| 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, Floyd A Schlossberg Foundation has awarded $55,750 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CHABAD OF SINGER ISLAND & THE BEACHES PURPOSE: COMMUNITY SUPPORT | $10,000 |
CONGREGATION BETH SALOM PURPOSE: RELIGIOUS SUPPORT | $7,000 |
JEWISH UNITED FUND OF METROPOLITAN CHICAGO PURPOSE: COMMUNITY SUPPORT | $2,750 |
KESHET PURPOSE: SUPPORT FOR CHILDREN AND ADULTS WITH INTELLECTUAL CHALLENGES IN THE CHICAGO AREA | $10,000 |
ST JOHN'S NORTHWESTERN MILITARY ACADEMY PURPOSE: ACADEMIC SUPPORT | $1,000 |
NORTH SHORE UNIVERSITY HEALTH SYSTEM PURPOSE: SUPPORT FOR CARDIOLOGY DIVISION OF SKOKIE HOSPITAL | $25,000 |