Rowena Yarak Schaber Scholarship Foundation
- Assets
- $3.3m
- Revenue
- -$66.5k
- Investments
- $3.3m
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 08/2012
- Data as of
- 12/2023
- EIN
- 45-5334006
Organization Overview
Rowena Yarak Schaber Scholarship Foundation is located in Pasadena, CA. The organization was established in 2012. 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. Rowena Yarak Schaber Scholarship Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Rowena Yarak Schaber Scholarship Foundation has awarded 65 individual grants totaling $1,713,900. 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 |
|---|---|---|---|
James A White Secretary | 0 | $0 | |
Joe Scanlin CFO | 0 | $0 | |
Mike Scanlin CEO | 0 | $0 | |
Suzy Lawrence Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,248 |
| Dividends & Interest | $51,545 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$123,092 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $128,615 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$188 |
| Total Revenue | -$66,487 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $163 |
| Taxes | $1,844 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,197 |
| Contributions, gifts, grants paid | $147,000 |
| Total expenses and disbursements | $150,197 |
| 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 | $3,286,683 |
| 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, Rowena Yarak Schaber Scholarship Foundation has awarded $147,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MANUAL ARTS HIGH SCHOOL PURPOSE: DONATION | $50,000 |
MIND RESEARCH INSTITUTE PURPOSE: DONATION | $25,000 |
ASSISTANCE LEAGUE OF HUNTINGTON BEA PURPOSE: DONATION | $10,000 |
LOYOLA MARYMOUNT UNIVERSITY PURPOSE: DONATION | $12,000 |
CALIFORNIA STATE UNIVERSITY -LONG B PURPOSE: DONATION | $50,000 |