The Sholton Foundation
- Assets
- $120.3k
- Revenue
- $4.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 05/2001
- Data as of
- 12/2023
- EIN
- 92-0171810
Organization Overview
The Sholton Foundation is located in Anchorage, AK. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Sholton 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 12/2023, Sholton Foundation generated $4.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 70.6% each year . All expenses for the organization totaled $8.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sholton Foundation has awarded 120 individual grants totaling $568,500. 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 |
|---|---|---|---|
Mary Sholton Witte Secretary, Vice President | 0.1 | $0 | |
Rita N Sholton President, Treasurer | 0.2 | $0 | |
Paul R Sholton Director | 0.1 | $0 | |
Adam G Sholton Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,537 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,500 |
| Total Revenue | $4,037 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $600 |
| Total operating and administrative expenses | $2,577 |
| Contributions, gifts, grants paid | $6,300 |
| Total expenses and disbursements | $8,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $120,275 |
| 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 | $120,275 |
| 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, The Sholton Foundation has awarded $6,300 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ALASKA PUBLIC MEDIA PURPOSE: PUBLIC MEDIA PRODUCES AND PRESENTS NEWS AND CONTENT THAT PROVIDES LIFELONG LEARNING OPPORTUNITIES IN PUBLIC AFFAIRS, HEALTH AND LEISURE, SCIENCE AND NATURE, ECONOMIC AND SOCIAL DEVELOPMENT, CIVIC ENGAGEMENT AND WORLD EVENTS. | $200 |
ANCHORAGE MUSEUM PURPOSE: EDUCATION | $3,000 |
AARP FOUNDATION PURPOSE: HELP SENIORS IN NEED | $200 |
ANCHORAGE SENIOR ACTIVITY CENTER PURPOSE: SUPPORT AND COMMUNITY FOR SENIORS | $1,900 |
GIRL SCOUTS OF ALASKA PURPOSE: PROVIDE ACCESS TO OPPORTUNITIES AND SKILL DEVELOPMENT FOR GIRLS IN ALASKA | $500 |
ALPHA PHI FOUNDATION PURPOSE: ADVANCING WOMEN'S LIVES THROUGH THE POWER OF PHILANTHROPY | $500 |