Schwemm Family Foundation
- Assets
- $1.8m
- Revenue
- $154.2k
- Investments
- $1.8m
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-2945532
Organization Overview
Schwemm Family Foundation is located in Rockville, MD. The organization was established in 2014. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schwemm 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 12/2021, Schwemm Family Foundation generated $154.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $139.0k during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Schwemm Family Foundation has awarded 101 individual grants totaling $593,427. 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 |
|---|---|---|---|
Cathy Schwemm Vice President | 0 | $0 | |
Annie Swank Trustee | 0 | $0 | |
Jan Rieke Treasurer | 0 | $0 | |
Joseph Tuck Trustee | 0 | $0 | |
Kari Gies President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $31,899 |
| Interest on Savings | $0 |
| Dividends & Interest | $42,109 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $80,171 |
| Capital Gain Net Income | $80,171 |
| Net ST Capital Gain | $7,202 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $154,179 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | -$99 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $32,477 |
| Total operating and administrative expenses | $34,928 |
| Contributions, gifts, grants paid | $104,078 |
| Total expenses and disbursements | $139,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,792 |
| 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 | $665,416 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2 |
| Total assets | $1,784,453 |
| 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, Schwemm Family Foundation has awarded $104,078 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
APPLEGATE PARTNERSHIP AND WATERSHED PURPOSE: RIPARIAN RESTORATION ALONG APPLEGATE RIVER 1 ACRE PARK | $8,000 |
Visalia, CA PURPOSE: MIDDLE SCHOOL STUDENTS MONITOR WESTERN POND TURTLES | $8,000 |
Los Angeles, CA PURPOSE: STUDENT CAF FOR COMMUNITY-FOOD FORAGING NEEDS GARDEN SUPPLIES | $8,000 |
WILD FARMLANDS FOUNDATION PURPOSE: 80-100 OAKS PLANTING & CARE (9 YR) ON PRIVATE LAND THAT HOSTS PROGRAMS | $8,000 |
Astoria, OR PURPOSE: OUTDOOR HERITAGE PARK EXHIBIT-10 INTERPRETIVE PANELS | $8,000 |
URBAN RIVERS PURPOSE: VIDEO CREATION-INDIGENOUS CULTURE/SCIENCE SPEAKER ON RIVER | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amvets National Service Foundation Lanham, MD | $29,048,509 | $19,126,894 |
America 250 Foundation Alexandria, VA | $4,731,218 | $9,181,491 |
National Association Of Attorneys General Mission Foundation Inc Washington, DC | $117,463,522 | $7,966,977 |
Bit Holdings Seventy-Two Inc Baltimore, MD | $135,867,464 | $3,149,490 |
Pittsburgh Leadership Fund Oakmont, PA | $0 | $249,472 |
Postsecondary National Policy Institute Washington, DC | $1,804,348 | $1,828,980 |
Clarfeld Family Foundation Wilmington, DE | $3,922,824 | $159,754 |
Wlvt Re Inc Bethlehem, PA | $11,227,340 | $240,000 |
Operation Troop Appreciation Mckeesport, PA | $317,888 | $572,487 |
Friends Of Vfw Post No 6076 Myerstown, PA | $122,582 | $343,864 |
Coalition To Protect Americas National Parks Washington, DC | $257,169 | $330,592 |
Elisabeth S Prentiss Fbo Board Of Foreign Missions Of The Presbytech Pittsburgh, PA | $3,141,798 | $191,622 |