Schram Family Foundation
- Assets
- $1.5m
- Revenue
- $277.2k
- Investments
- $1.5m
- Employees
- 0
- Location
- Doylestown, PA
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-3318104
Organization Overview
Schram Family Foundation is located in Doylestown, PA. The organization was established in 2019. 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. Schram 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 12/2022, Schram Family Foundation generated $277.2k 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 (42.6%) each year. All expenses for the organization totaled $150.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Schram Family Foundation has awarded 23 individual grants totaling $211,000. 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 |
|---|---|---|---|
Lee J Schram President/ Treasurer/ Director | 2.5 | $0 | |
Carole A Schram Secretary/ Director | 0.25 | $0 | |
Eric Schram Director | 0.25 | $0 | |
Elizabeth Schram Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $165,523 |
| Interest on Savings | $19 |
| Dividends & Interest | $43,531 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $68,129 |
| Capital Gain Net Income | $68,129 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $277,202 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,325 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,494 |
| Contributions, gifts, grants paid | $140,500 |
| Total expenses and disbursements | $149,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,472 |
| 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 | $1,522,236 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,541,708 |
| 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, Schram Family Foundation has awarded $140,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
A WOMEN'S PLACE PURPOSE: GENERAL PURPOSE CONTRIBUTION | $1,000 |
CATHOLIC COMMUNITY FOUNDATION PURPOSE: GENERAL PURPOSE CONTRIBUTION | $2,500 |
DKMS PURPOSE: GENERAL PURPOSE CONTRIBUTION | $2,500 |
HOLY FAMILY SOCIAL ACTION COMMITTEE PURPOSE: GENERAL PURPOSE CONTRIBUTION | $250 |
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI PURPOSE: GENERAL PURPOSE CONTRIBUTION | $60,000 |
LEGACY OF LIFE FOUNDATION PURPOSE: GENERAL PURPOSE CONTRIBUTION | $250 |