Shoemate Foundation 10-29-01 is located in West Hartford, CT. The organization was established in 2003. 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. Shoemate Foundation 10-29-01 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 05/2024, Shoemate Foundation 10-29-01 generated $403.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $111.5k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Shoemate Foundation 10-29-01 has awarded 49 individual grants totaling $1,902,616. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Shoemate Trustee | 0 | $0 | |
Nancy Shoemate Trustee | 0 | $0 | |
Steven R Shoemate Trustee | 0 | $0 | |
Jeffrey D Shoemate Trustee | 0 | $0 | |
Scott C Shoemate Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,046 |
| Dividends & Interest | $194,806 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $207,781 |
| Capital Gain Net Income | $207,781 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $403,633 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,380 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4 |
| Total operating and administrative expenses | $3,384 |
| Contributions, gifts, grants paid | $108,066 |
| Total expenses and disbursements | $111,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,548 |
| 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 | $5,836,765 |
| 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 |
Over the last fiscal year, Shoemate Foundation 10-29-01 has awarded $108,066 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER & PARKINSON ASSOC PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $4,000 |
COMMUNITY CHURCH OF VERO BEACH PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSESCURRENT USE FOR GENERAL CHARITABLE PURPOSES | $2,000 |
CULTURAL COUNCIL OF INDIAN RIVER COUNTY - WWII TRIBUTE PURPOSE: CURRENT USE FOR GENERAL CHARIABLE PURPOSES | $5,000 |
FIDELITY INVESTMENTS CHARITABLE GIFT FUND PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $72,366 |
INDIAN RIVER COUNTY IMPACT (IMPACT 100 OF INDIAN RIVER COUNTY INC) PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $1,000 |
JOHN'S ISLAND COMMUNITY SERVICE LEAGUE PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $5,300 |