S Adam Schloss Foundation Inc
- Assets
- $2.0m
- Revenue
- $149.7k
- Investments
- $1.7m
- Employees
- 0
- Location
- Pike Road, AL
- Founding
- 07/1997
- Data as of
- 12/2022
- EIN
- 52-2037100
Organization Overview
S Adam Schloss Foundation Inc is located in Pike Road, AL. The organization was established in 1997. 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. S Adam Schloss 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, S Adam Schloss Foundation Inc generated $149.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $139.3k during the year ending 12/2022. While expenses have increased by 17.2% 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 2016, S Adam Schloss Foundation Inc has awarded 146 individual grants totaling $558,480. 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 |
|---|---|---|---|
S Adam Schloss Pres., Treas. & Trustee | 2 | $0 | |
Jeffrey K Gonya ESQ Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $488 |
| Dividends & Interest | $18,884 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $130,301 |
| Capital Gain Net Income | $130,301 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $149,673 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,197 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11 |
| Total operating and administrative expenses | $4,200 |
| Contributions, gifts, grants paid | $135,100 |
| Total expenses and disbursements | $139,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $283,993 |
| 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 | $1,683,204 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,967,197 |
| 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, S Adam Schloss Foundation Inc has awarded $135,100 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
ALABAMA DANCE THEATRE PURPOSE: 501 (C)(3) EXEMPT PURPOSES | $2,000 |
ALABAMA KIDNEY FOUNDATION PURPOSE: 501 (C)(3) EXEMPT PURPOSES | $1,000 |
ALABAMA PUBLIC TV PURPOSE: 501 (C)(3) EXEMPT PURPOSES | $20,000 |
ALABAMA SHAKESPEARE FESTIVAL PURPOSE: 501 (C)(3) EXEMPT PURPOSES | $12,500 |
ALABAMA SYMPHONY ORCHESTRA PURPOSE: 501 (C)(3) EXEMPT PURPOSES | $15,000 |
AMERICAN CANCER SOCIETY PURPOSE: 501 (C)(3) EXEMPT PURPOSES | $10,000 |