Schlecht Family Foundation Inc
- Assets
- $6.3m
- Revenue
- $10.0m
- Investments
- $5.8m
- Employees
- 0
- Location
- Waunakee, WI
- Founding
- 05/2016
- Data as of
- 12/2022
- EIN
- 47-5641232
Organization Overview
Schlecht Family Foundation Inc is located in Waunakee, WI. The organization was established in 2016. 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. Schlecht 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.
For the year ending 12/2022, Schlecht Family Foundation Inc generated $10.0m in total revenue. All expenses for the organization totaled $1.2m during the year ending 12/2022.
Since 2020, Schlecht Family Foundation Inc has awarded 70 individual grants totaling $2,460,194. 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.
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 |
|---|---|---|---|
Stephen L Schlecht President/director | 0.1 | $0 | |
Marianne M Schlecht Vice President/director | 0.1 | $0 | |
Stephanie Schlecht Secretary/director | 40 | $136,859 | |
Richard W Schlecht Treasurer/director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,839,823 |
| Interest on Savings | $51,813 |
| Dividends & Interest | $88,266 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $61,566 |
| Capital Gain Net Income | $61,566 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,041,468 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $136,859 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $18,626 |
| Interest | $0 |
| Taxes | $11,234 |
| Depreciation | $0 |
| Occupancy | $2,587 |
| Travel, conferences, and meetings | $8,662 |
| Printing and publications | $877 |
| Other expenses | $7,412 |
| Total operating and administrative expenses | $250,959 |
| Contributions, gifts, grants paid | $991,661 |
| Total expenses and disbursements | $1,242,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $420,996 |
| 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 | $300,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,250,373 |
| 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, Schlecht Family Foundation Inc has awarded $991,661 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
ACCESS ABILITY WISCONSIN PURPOSE: TO SUPPORT OPERATING ACTIVITIES | $15,000 |
ARCHITECT YOUR EXPERIENCE PURPOSE: TO SUPPORT OPERATING ACTIVITIES | $15,000 |
ALDO LEOPOLD NATURE CENTER PURPOSE: TO SUPPORT CAPACITY BUILDING. | $83,333 |
BIG BROTHERS BIG SISTERS OF DANE COUNTY PURPOSE: TO SUPPORT OPERATING ACTIVITIES. | $20,000 |
BENEDICTINE LIFE FOUNDATION PURPOSE: TO SUPPORT OPERATING ACTIVITIES | $15,000 |
BLACK MEN COALITION FOUNDATION PURPOSE: TO SUPPORT OPERATING ACTIVITIES | $57,500 |