Schillhahn-Huskey Foundation
- Assets
- $9.6m
- Revenue
- $923.7k
- Investments
- $8.3m
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 11/2012
- Data as of
- 06/2024
- EIN
- 46-0908516
Organization Overview
Schillhahn-Huskey Foundation is located in Chattanooga, TN. The organization was established in 2012. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Schillhahn-Huskey 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 06/2024, Schillhahn-Huskey Foundation generated $923.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 36.5% each year . All expenses for the organization totaled $870.9k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Schillhahn-Huskey Foundation has awarded 151 individual grants totaling $5,225,864. 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 |
|---|---|---|---|
Lauren B Wolfford President | 5 | $50,000 | |
Gregory D Willett Secretary/treasurer | 5 | $0 | |
Katherine H Farmer Assistant Secretary | 1 | $0 | |
Larry Stophel Director | 1 | $0 | |
Scott Mattice Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $313,030 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $610,610 |
| Capital Gain Net Income | $610,610 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $52 |
| Total Revenue | $923,692 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $270 |
| Taxes | $6,436 |
| Depreciation | $4,405 |
| Occupancy | $12,408 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $84,284 |
| Total operating and administrative expenses | $167,813 |
| Contributions, gifts, grants paid | $703,125 |
| Total expenses and disbursements | $870,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,249,990 |
| 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 | $2,674,266 |
| Net Land, buildings, and equipment | $12,290 |
| Other assets | $7,319 |
| Total assets | $9,619,326 |
| 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, Schillhahn-Huskey Foundation has awarded $703,125 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
CHAMBLISS CENTER FOR CHILDREN PURPOSE: BUNNY HOP SPONSORSHIP | $10,000 |
NORTHSIDE NEIGHBORHOOD HOUSE PURPOSE: NORTH HAMILTON SITE | $22,000 |
HAMILTON COUNTY SCHOOL PURPOSE: MUSIC FOR EVERYONE | $25,000 |
REFLECTION RIDING PURPOSE: WILDLIFE REHABILITATION/RESCUE & MEMORIAL BENCH | $26,000 |
RONALD MCDONALD HOUSE PURPOSE: PROVIDING FAMILIES WITH CARE AND RESOURCES THEY NEED WHEN THEIR CHILD IS SICK | $2,000 |
BOYS & GIRLS CLUB PURPOSE: EMMA WHEELER PUBLIC HOUSING COMPLEX | $25,000 |