Schoellerman Foundation

Organization Overview

Schoellerman Foundation is located in Newport, CA. The organization was established in 1999. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Schoellerman 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 12/2021, Schoellerman Foundation generated $124.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $96.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Schoellerman Foundation has awarded 31 individual grants totaling $725,550. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SUPPORT TO CHARITABLE ORGANIZATIONS THAT SUPPORT EDUCATIONAL & CULTURAL PROGRAMS; FAMILY ISSUES; MEDICAL RESEARCH & HEALTHCARE; AND CATHOLIC ORGANIZATIONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO CHARITIES THAT SUPPORT EDUCATIONAL & CULTURAL PROGRAMS; FAMILY & CHILDREN'S ISSUES; MEDICAL RESERACH & HEALTHCARE; AND CATHOLIC ORGANIZATIONS


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Board, Officers & Key Employees

Name (title)Compensation
Shelley Hoss
Director, CFO
$0
Jack Schoellerman
Director,pres., Chairman
$0
Vivian Clecak
Director, Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $49,791
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $74,573
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $124,364

Grants Awarded

Over the last fiscal year, Schoellerman Foundation has awarded $51,250 in support to 3 organizations.

Grant RecipientAmount

UCI FOUNDATION GAVIN HERBERT EYE INSTITUTE

PURPOSE: GENERAL SUPPORT

$25,000

USA FOR UNHCR

PURPOSE: GENERAL SUPPORT

$15,000

Hoffman Estates, IL

PURPOSE: GENERAL SUPPORT

$11,250
View Grant Profile

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