Shoop Family Foundation
- Assets
- $1.4m
- Revenue
- $84.8k
- Investments
- $1.1m
- Employees
- 0
- Location
- Greeley, CO
- Founding
- 11/2016
- Data as of
- 12/2021
- EIN
- 81-3712081
Organization Overview
Shoop Family Foundation is located in Greeley, CO. 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. Shoop 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, Shoop Family Foundation generated $84.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $159.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Shoop Family Foundation has awarded 16 individual grants totaling $290,513. 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 |
|---|---|---|---|
Michael V Shoop President | 1 | $0 | |
Lori D Shoop Secretary/treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,163 |
| Dividends & Interest | $29,924 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $51,948 |
| Capital Gain Net Income | $51,948 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,750 |
| Total Revenue | $84,785 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,262 |
| Total operating and administrative expenses | $11,587 |
| Contributions, gifts, grants paid | $148,013 |
| Total expenses and disbursements | $159,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,831 |
| Savings and temporary cash investments | $53,728 |
| 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 | $1,111,376 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3 |
| Total assets | $1,388,938 |
| 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, Shoop Family Foundation has awarded $148,013 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Greeley, CO PURPOSE: DONATION | $75,000 |
THE SUCCESS FOUNDATION PURPOSE: DONATION | $48,013 |
BOYS AND GIRLS CLUB OF WELD COUNTY PURPOSE: DONATION | $10,000 |
GREATER WY LONGS PEAK COUNCIL BSA PURPOSE: DONATION | $10,000 |
FRIENDS OF A WOMAN'S PLACE PURPOSE: DONATION | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Shoop Family Foundation has recieved totaling $26,429.
| Awarding Organization | Amount |
|---|---|
United Way Of Weld County Inc Greeley, CO PURPOSE: COVID-19 RELIEF | $26,429 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Buffett Early Childhood Fund Omaha, NE | $9,728,090 | $31,407,344 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
George S Eccles And Delores Dore Eccles Foundation Salt Lake City, UT | $0 | $176,040,595 |
The Lozier Foundation Omaha, NE | $440,536,134 | $84,469,210 |
Catena Foundation Carbondale, CO | $397,661,850 | $217,833,912 |
People-People-People Foundation Dated 4-19-2018 Scottsdale, AZ | $10,000,014 | $37,338,865 |