Schatz Family Foundation
- Assets
- $649.6k
- Revenue
- $22.5k
- Investments
- $600.0k
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 03/2012
- Data as of
- 12/2022
- EIN
- 45-4099456
Organization Overview
Schatz Family Foundation is located in Nashville, TN. The organization was established in 2012. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Schatz 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, Schatz Family Foundation generated $22.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $31.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Schatz Family Foundation has awarded 283 individual grants totaling $348,214. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S PURPOSE IS TO SUPPORT CHARITABLE ORGANIZATIONS
THE FOUNDATION'S PURPOSE IS TO SUPPORT CHARITABLE ORGANIZATIONS
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 |
|---|---|---|---|
Robert D Schatz Trustee | 1 | $0 | |
Lisa G Schatz Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $23 |
| Dividends & Interest | $17,578 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,877 |
| Capital Gain Net Income | $4,877 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,478 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,435 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,819 |
| Total operating and administrative expenses | $7,254 |
| Contributions, gifts, grants paid | $24,322 |
| Total expenses and disbursements | $31,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,622 |
| 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 | $403,020 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $649,632 |
| 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 | $2,941 |
| Total liabilities | $2,941 |
Grants Awarded
Over the last fiscal year, Schatz Family Foundation has awarded $24,322 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BELCOURT THEATRE PURPOSE: GENERAL | $1,010 |
COMMITTEE ON TEMPORARY SHELTER PURPOSE: GENERAL | $1,000 |
ENVIRONMENTAL DEFENSE FUND PURPOSE: GENERAL | $1,008 |
ELECTRONIC FRONTIER FOUNDATION PURPOSE: GENERAL | $1,000 |
HAMPSIRE COLLEGE PURPOSE: GENERAL | $1,000 |
350 PURPOSE: GENERAL | $1,000 |