Alfred & Tillie Shemanski Fund
- Assets
- $2.1m
- Revenue
- $176.1k
- Investments
- $2.0m
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 08/1955
- Data as of
- 05/2024
- EIN
- 91-6027124
Organization Overview
Alfred & Tillie Shemanski Fund is located in Brooklyn, OH. The organization was established in 1955. 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. Alfred & Tillie Shemanski Fund 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 05/2024, Alfred & Tillie Shemanski Fund generated $176.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $140.4k during the year ending 05/2024. While expenses have increased by 1.9% per year over the past 5 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 2020, Alfred & Tillie Shemanski Fund has awarded 91 individual grants totaling $544,000. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $64,405 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $110,023 |
| Capital Gain Net Income | $110,023 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,652 |
| Total Revenue | $176,080 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,865 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,685 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,801 |
| Total operating and administrative expenses | $36,401 |
| Contributions, gifts, grants paid | $104,000 |
| Total expenses and disbursements | $140,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $119,338 |
| 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 | $1,969,285 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,088,623 |
| 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, Alfred & Tillie Shemanski Fund has awarded $104,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
SEATTLE UNIVERSITY PURPOSE: GENERAL OPERATING | $3,000 |
COLLEGE SUCCESS FOUNDATION PURPOSE: GENERAL OPERATING | $7,500 |
HERZL-NER TAMID CONSERVATIVE PURPOSE: GENERAL OPERATING | $5,000 |
JEWISH FEDERATION OF PURPOSE: GENERAL OPERATING | $5,000 |
NORTHWEST SCHOOL FOR PURPOSE: GENERAL OPERATING | $2,000 |
SEATTLE CHILDREN'S PURPOSE: GENERAL OPERATING | $5,000 |