Schonbraun Family Foundation Inc
- Assets
- $83.6k
- Revenue
- -$18.6k
- Investments
- $82.2k
- Employees
- 0
- Location
- Livingston, NJ
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-4179445
Organization Overview
Schonbraun Family Foundation Inc is located in Livingston, NJ. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schonbraun Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Schonbraun President | 0 | $0 | |
David Schonbraun Secretary | 0 | $0 | |
Michael Schonbraun Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500 |
| Interest on Savings | $7 |
| Dividends & Interest | $3,698 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$22,784 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$18,579 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $55 |
| Total operating and administrative expenses | $3,217 |
| Contributions, gifts, grants paid | $300,000 |
| Total expenses and disbursements | $303,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,359 |
| 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 | -$16 |
| Total assets | $83,553 |
| 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, Schonbraun Family Foundation Inc has awarded $355,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SAINT BARNABAS MEDICAL CENTER PURPOSE: GENERAL SUPPORT | $320,000 |
JEWISH FEDERATION OF GREATER METROWEST PURPOSE: GENERAL SUPPORT | $35,000 |