The Carl And Mabel E Shurtz Foundation
- Assets
- $663.9k
- Revenue
- $56.1k
- Investments
- $655.7k
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 06/1994
- Data as of
- 12/2022
- EIN
- 86-0761758
Organization Overview
The Carl And Mabel E Shurtz Foundation is located in Tucson, AZ. The organization was established in 1994. 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. Carl And Mabel E Shurtz 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, Carl And Mabel E Shurtz Foundation generated $56.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $37.9k during the year ending 12/2022. While expenses have increased by 4.8% 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, Carl And Mabel E Shurtz Foundation has awarded 130 individual grants totaling $172,690. 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 L Felker Managing Dir | 0 | $6,700 | |
George Deakin Director | 0 | $300 | |
Stephen Stewart Director | 0 | $300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16 |
| Dividends & Interest | $14,356 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,772 |
| Capital Gain Net Income | $23,305 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,144 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,300 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $545 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,024 |
| Total operating and administrative expenses | $9,419 |
| Contributions, gifts, grants paid | $28,500 |
| Total expenses and disbursements | $37,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,679 |
| 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 | $540 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $663,882 |
| 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 | $201,827 |
| Total liabilities | $201,827 |
Grants Awarded
Over the last fiscal year, The Carl And Mabel E Shurtz Foundation has awarded $28,500 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS BIG SISTERS OF TUCSON PURPOSE: ONE-TO-ONE RELATIONSHIPS FOR KIDS | $1,500 |
CASA ESPERANZA PARA NINOS PURPOSE: SUPPORT HOUSE OF HOPE FOR CHILDREN | $2,000 |
COMM HOME REPAIRS PROJECTS OF AZ PURPOSE: HOME REPAIRS FOR THE DISADVANTAGED | $2,000 |
FAMILY HOUSING RESOURCES PURPOSE: HOUSING ASSISTANCE | $1,000 |
INTERFAITH COMMUNITY SERVICES PURPOSE: ASSIST PEOPLE IN FINANCIAL CRISIS | $1,000 |
INTERGRATIVE TOUCH FOR KIDS PURPOSE: SUPPORT KIDS WITH SPECIAL NEEDS | $1,000 |