Robert I Schattner Foundation Inc
- Assets
- $0.0
- Revenue
- $3.5m
- Investments
- $152.1m
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 00/0000
- Data as of
- 12/2020
- EIN
- 52-1800778
Organization Overview
Robert I Schattner Foundation Inc is located in Rockville, MD. The organization was established in 0000. 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. Robert I Schattner 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 12/2020, Robert I Schattner Foundation Inc generated $3.5m in total revenue. All expenses for the organization totaled $7.0m during the year ending 12/2020. While expenses have increased by 97.3% per year over the past 3 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 2020, Robert I Schattner Foundation Inc has awarded 157 individual grants totaling $10,266,730. 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 |
|---|---|---|---|
Sidney Bresler President | 25 | $176,000 | |
Robert H Sievers Treasurer | 25 | $126,000 | |
Robert T Schattner Secretary | 10 | $41,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,308,448 |
| Dividends & Interest | $2,815,610 |
| Profit on Inventory Sales | $0 |
| Other Income | $176,997 |
| Total Revenue | $3,538,409 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $346,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $7,445 |
| Occupancy | $43,109 |
| Travel, conferences, and meetings | $213 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $2,720,438 |
| Contributions, gifts, grants paid | $4,317,730 |
| Total expenses and disbursements | $7,038,168 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,741,730 |
| Investments—mortgage loans | $0 |
| Investments—other | $71,643,656 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Robert I Schattner Foundation Inc has awarded $5,949,000 in support to 88 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL SUPPORT | $1,000,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $500,000 |
Silver Spring, MD PURPOSE: GENERAL SUPPORT | $500,000 |
Baltimore, MD PURPOSE: GENERAL SUPPORT | $300,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $207,000 |
Rockville, MD PURPOSE: GENERAL SUPPORT | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Cognizant Us Foundation Washington, DC | $53,711,221 | $1,081,755 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |
Posner Foundation Of Pittsburgh Pittsburgh, PA | $0 | $20,216,193 |