Patricia Schaefer Foundation Tr
- Assets
- $85.6m
- Revenue
- $27.3m
- Investments
- $79.4m
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- Data as of
- 12/2023
- EIN
- 88-6221748
Organization Overview
Patricia Schaefer Foundation Tr is located in Fort Wayne, IN. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patricia Schaefer Foundation Tr 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 12/2023, Patricia Schaefer Foundation Tr generated $27.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (33.6%) each year. All expenses for the organization totaled $4.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Patricia Schaefer Foundation Tr has awarded 64 individual grants totaling $2,687,750. 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 Flood Trustee | 8 | $266,131 | |
Louise Marsh Trustee | 8 | $266,131 | |
Patricia Schaefer Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $274,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,113,664 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,888,085 |
| Capital Gain Net Income | $23,888,085 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,275,749 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $532,262 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $998,245 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,304 |
| Total operating and administrative expenses | $1,894,292 |
| Contributions, gifts, grants paid | $2,463,000 |
| Total expenses and disbursements | $4,357,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,241,018 |
| 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 | $85,603,829 |
| 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, Patricia Schaefer Foundation Tr has awarded $2,463,000 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL RESCUE FUND PURPOSE: BUILDING EXPENSES | $75,000 |
ANIMAL RESCUE FUND PURPOSE: OPERATING SUPPORT | $25,000 |
AWAKEN PURPOSE: OPERATING SUPPORT | $5,000 |
DUMB FRIENDS LEAGUE PURPOSE: OPERATING SUPPORT | $50,000 |
COMMUNITY FOUNDATION OF DELAWARE CO PURPOSE: GRANTMAKING | $100,000 |
BALL STATE UNIVERSITY FND PURPOSE: OPERATING SUPPORT | $1,000 |