Schurz Communications Foundation
- Assets
- $2.3m
- Revenue
- $53.8k
- Investments
- $2.3m
- Employees
- 0
- Location
- Mishawaka, IN
- Founding
- 07/1941
- Data as of
- 12/2022
- EIN
- 35-6024357
Organization Overview
Schurz Communications Foundation is located in Mishawaka, IN. The organization was established in 1941. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schurz Communications 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, Schurz Communications Foundation generated $53.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $185.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Schurz Communications Foundation has awarded 25 individual grants totaling $593,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Winey Executive Assistant | 1 | $0 | |
Rebecca Dantzler Treasurer And Director | 1 | $0 | |
Scott Schurz Jr President And Director | 1 | $0 | |
Melissa Lock Director | 1 | $0 | |
Terri Regina Sr. Consultant And Tax Accountant | 1 | $0 | |
Laura Ray Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $58,890 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,092 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,798 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,015 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,503 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $28,318 |
| Contributions, gifts, grants paid | $157,500 |
| Total expenses and disbursements | $185,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $2,337,619 |
| 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, Schurz Communications Foundation has awarded $157,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
HABITAT FOR HUMANITY PURPOSE: GENERAL SUPPORT | $25,000 |
YOUTH SERVICES BUREAU ST JOSEPH CO PURPOSE: YOUNG MOMS PROGRAM | $37,500 |
ST JOSEPH COUNTY PUBLIC LIBRARY PURPOSE: GENERAL SUPPORT | $10,000 |
INDIANA UNIVERSITY FOUNDATION PURPOSE: LEIGHTON SCHOOL OF BUSINESS | $25,000 |
SOUTH BEND CITY CHURCH PURPOSE: GENERAL SUPPORT | $25,000 |
SOUTH BEND SYMPHONY ORCHESTRA PURPOSE: GENERAL SUPPORT | $10,000 |