Sherman And Joyce Scott Family Foundation
- Assets
- $11.4m
- Revenue
- -$599.8k
- Investments
- $10.0m
- Employees
- 0
- Location
- Dodge, TX
- Founding
- 02/2011
- Data as of
- 09/2023
- EIN
- 27-4313916
Organization Overview
Sherman And Joyce Scott Family Foundation is located in Dodge, TX. The organization was established in 2011. 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. Sherman And Joyce Scott 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 09/2023, Sherman And Joyce Scott Family Foundation generated -$599.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 72.5% each year . All expenses for the organization totaled $398.5k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sherman And Joyce Scott Family Foundation has awarded 15 individual grants totaling $2,871,793. 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.
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 |
|---|---|---|---|
Sherman Scott President | 0 | $0 | |
Joyce Scott Vice Preside | 0 | $0 | |
Jean-Louis Lemoine Secretary | 0 | $0 | |
Shaesby A Scott Director | 0 | $0 | |
Laura Avery Director | 0 | $0 | |
Andrew B Scott Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $112,418 |
| Dividends & Interest | $9,643 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$721,812 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$599,751 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $716 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | -$211,736 |
| Total operating and administrative expenses | -$194,066 |
| Contributions, gifts, grants paid | $592,595 |
| Total expenses and disbursements | $398,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,403,024 |
| 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 | $2,950 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,380,586 |
| 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, Sherman And Joyce Scott Family Foundation has awarded $592,595 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
GIRLS INC OF SANTA FE PURPOSE: DEVELOPMENTAL PROGRAMS FOR GIRLS | $1,000 |
CATHOLIC CHARITIES OF ACADIANA - OP PURPOSE: PROVIDE ASSISTANCE TO HOMELESS | $15,000 |
TAOS ARTS COUNCIL PURPOSE: SPONSOR PROJECT TAOS PORTRAITS II | $10,000 |
SHAESBY & CATHERINE SCOTT FAMILY PURPOSE: SUPPORT COMMUNITY INNOVATION & COLLA | $110,595 |
WASHINGTON UNIVERSITY IN ST LOUIS PURPOSE: SUPPORT EDUCATION & RESEARCH | $125,000 |
FBX031 FOUNDATION - AUSTIN COMMUNIT PURPOSE: SUPPORT COMMUNITY INNOVATION & COLLA | $181,000 |