The Detlef Schrempf Foundation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynnwood, WA
- Founding
- Data as of
- 12/2019
- EIN
- 91-1723526
Organization Overview
The Detlef Schrempf Foundation is located in Lynnwood, WA. Detlef Schrempf 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 12/2019, Detlef Schrempf Foundation generated $11.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (58.9%) each year. All expenses for the organization totaled $274.4k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
SINCE ITS INCEPTION THE FOUNDATION RAISED 20 MILLION FOR PACIFIC NORTHWEST CHARITABLE ORGANIZATIONS BY SPONSORING SEVERAL ANNUAL FUNDRAISING EVENTS. BEGINNING IN 2018 ACTIVE FUNDRAISING ACTIVITIES CEASED AND THE FOUNDATION ENDED OPERATIONS DURING 2019.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Morrison Executive Di | 10 | $14,200 | |
Mari Schrempf Vice Preside | 1 | $0 | |
Chris Levitt Vice Preside | 1 | $0 | |
Detlef Schempf President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,545 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,561 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,200 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $39 |
| Other expenses | $6,358 |
| Total expenses | $274,372 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, The Detlef Schrempf Foundation has awarded $80,025 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Bothell, WA | | $10,275 |
Fall City, WA | | $10,000 |
Washington, DC | | $10,000 |
Seattle, WA PURPOSE: PROGRAM SUPPORT | $10,000 |
Seattle, WA | | $9,000 |
New York, NY | | $8,250 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Detlef Schrempf Foundation has recieved totaling $17,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: FOR GRANT RECIPIENT'S EXEMPT PURPOSES | $17,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Development Foundation Woodland, CA | $499,472 | $124,731 |
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Central Valley General Hospital Hanford, CA | $0 | $118,529,798 |
Community Action Partnership Of San Luis Obispo County Inc San Luis Obispo, CA | $35,822,140 | $99,105,503 |
San Francisco Culinary Bartenders & Service Employees Welfare Fund Seattle, WA | $67,749,672 | $85,873,278 |
San Francisco Museum Of Modern Art San Francisco, CA | $782,459,375 | $60,826,981 |
Rogue Credit Union Medford, OR | $2,944,952,062 | $136,267,424 |
Presbyterian Retirement Communities Northwest Bellevue, WA | $589,407,305 | $86,965,439 |
Credit Unions In The State Of Washington Richland, WA | $2,255,622,236 | $118,353,811 |
Benefis Health System Inc Great Falls, MT | $1,511,234,520 | $121,846,801 |
Casa Colina Hospital And Centers For Healthcare Pomona, CA | $87,824,424 | $102,811,572 |
Covenant Health System Renton, WA | $235,112,275 | $106,469,001 |