Schwegman Foundation Charitable Trust is located in Xenia, OH.
For the year ending 12/2021, Schwegman Foundation Charitable Trust generated $59.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 24.2% each year . All expenses for the organization totaled $54.4k during the year ending 12/2021. While expenses have increased by 15.9% per year over the past 2 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROGER BACON HIGH SCHOOL - PROVIDE DONATIONS FOR EDUCATIONAL ASSISTANCE SCHOLARSHIPS AND FACILITY IMPROVEMENTS
THE HOPE SPOT - PROVIDES ALCOHOL AND DRUG REHABILITATION SERVICES TO THE XENIA OH COMMUNITY
OPERATION SECOND CHANCE - PROVIDES MENTAL HEALTH AND RECREATIONAL SERVICES TO DISABLED VETERANS
4 PAWS FOR ABILITY - ORGANIZATION THAT TRAINS AND PROVIDES SERVICE DOGS FOR AUTISTIC CHILDREN AND DISABLED VETS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Schwegman Trustee Trustee | 4 | $0 | |
Mary K Schwegman Trustee Trustee | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $59,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,000 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $54,440 |
| Total expenses and disbursements | $54,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,376 |
| 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 | $0 |
| Total assets | $6,376 |
| 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 |
Over the last fiscal year, Schwegman Foundation Charitable Trust has awarded $54,440 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ROGER BACON HIGH SCHOOL PURPOSE: FINANCIAL AID AND FACILITIES | $30,000 |
OPERATION SECOND CHANCE PURPOSE: VTERAN SUPPORT SERVICES | $2,500 |
NEW HOPE CHURCH PURPOSE: CHURCH SUPPORTING ADDICTS | $2,450 |
4-PAWS FOR ABILITY PURPOSE: SERVICE DOG PROVIDER | $1,500 |
TUNNEL TO TOWERS PURPOSE: AID TO POLICE AND FIREARM | $1,000 |
THE HOPE SPOT PURPOSE: DRUG AND ALCOHOL REHABILITATION | $11,000 |