Shenk Family Foundation
- Assets
- $1.0m
- Revenue
- $53.2k
- Investments
- $979.4k
- Employees
- 0
- Location
- North Venice, FL
- Founding
- 12/2000
- Data as of
- 12/2022
- EIN
- 34-1930425
Organization Overview
Shenk Family Foundation is located in North Venice, FL. The organization was established in 2000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Shenk 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 12/2022, Shenk Family Foundation generated $53.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $104.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Shenk Family Foundation has awarded 157 individual grants totaling $395,699. 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 |
|---|---|---|---|
Carol Gress President | 4 | $0 | |
Sarah Orlousky Secretary | 1 | $6,467 | |
Paul Gress Treasurer | 1 | $0 | |
Aaron Gress Trustee | 1 | $6,467 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $41,478 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,723 |
| Capital Gain Net Income | $11,723 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,201 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,934 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,840 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $857 |
| Printing and publications | $0 |
| Other expenses | $10,258 |
| Total operating and administrative expenses | $37,339 |
| Contributions, gifts, grants paid | $67,000 |
| Total expenses and disbursements | $104,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,102 |
| Net Accounts receivable | $1,512 |
| 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 | $1,007,049 |
| Accounts payable and accrued expenses | $3,695 |
| 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 | $3,695 |
Grants Awarded
Over the last fiscal year, Shenk Family Foundation has awarded $68,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILY PROMISE OF SOUTH SARASOTA COUNTY PURPOSE: FUNDING FOR PROVIDING HOUSING SUPPORT TO CHILDREN AND THEIR FAMILIES | $1,000 |
FLORENCE CRITTENTON SERVICES PURPOSE: FUNDS FOR HEALTH, EDUCATIONAL, AND SOCIAL SERVICES FOR SINGLE PREGNANT WOMEN AND THEIR BABIES | $2,000 |
GENERATION HOPE PURPOSE: FUNDING FOR PROVIDING RESOURCES TO TEEN PARENTS TO ENCOURAGE CONTINUING EDUCATION | $20,000 |
GLOBAL CHE ENTERPRISES PURPOSE: GENERAL NEEDS - GUATEMALA PROJECTS | $6,000 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: FUNDING TO HEALEY CENTER FOR ALS RESEARCH | $5,000 |
MATTHEWS UNITED METHODIST CHURCH PURPOSE: "THE SHOE THAT GROWS" CAMPAIGN | $500 |