The Shirley K Schlafer Foundation
- Assets
- $2.0m
- Revenue
- $328.0k
- Investments
- $2.0m
- Employees
- 0
- Location
- Birmingham, MI
- Founding
- 01/1986
- Data as of
- 10/2023
- EIN
- 38-2637259
Organization Overview
The Shirley K Schlafer Foundation is located in Birmingham, MI. The organization was established in 1986. 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. Shirley K Schlafer 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 10/2023, Shirley K Schlafer Foundation generated $328.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $1.9m during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Shirley K Schlafer Foundation has awarded 88 individual grants totaling $8,307,390. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $74,257 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $253,773 |
| Capital Gain Net Income | $253,773 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $328,030 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,430 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,136 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,124 |
| Total operating and administrative expenses | $59,860 |
| Contributions, gifts, grants paid | $1,874,250 |
| Total expenses and disbursements | $1,934,110 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,735 |
| 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 | $2,048,209 |
| 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, The Shirley K Schlafer Foundation has awarded $1,874,250 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CRANBROOK SCHOOLS PURPOSE: CHARITABLE; SCHOLARSHIPS | $10,000 |
MUSEUM OF CONTEMPORARY ART DETROIT PURPOSE: CHARITABLE; MUSEUM MAINTENANCE & EDUCATION | $50,000 |
NATIONAL GEOGRAPHIC SOCIETY PURPOSE: CHARITABLE; ANIMAL EDUCATION & HEALTHCARE | $50,000 |
NROC PURPOSE: CHARITABLE | $25,000 |
PLANNED PARENTHOOD PURPOSE: CHARITABLE; REPRODUCTIVE HEALTH CARE | $100,000 |
PEWABIC POTTERY SOCIETY PURPOSE: CHARITABLE | $1,000 |