Schiele Family Foundation
- Assets
- $1.6m
- Revenue
- $469.6k
- Investments
- $1.6m
- Employees
- 0
- Location
- La Canada, CA
- Founding
- Data as of
- 12/2023
- EIN
- 92-0423041
Organization Overview
Schiele Family Foundation is located in La Canada, CA. 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. Schiele Family 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, Schiele Family Foundation generated $469.6k 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 (41.8%) each year. All expenses for the organization totaled $135.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Schiele Family Foundation has awarded 20 individual grants totaling $168,300. 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 |
|---|---|---|---|
Robert Schiele President | 2 | $0 | |
Morgan Bennett Secretary/treasurer | 2 | $0 | |
Diane Brinson Schiele Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $506,497 |
| Interest on Savings | $3,856 |
| Dividends & Interest | $26,995 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$67,771 |
| Capital Gain Net Income | $98,063 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $469,577 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,540 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $650 |
| Total operating and administrative expenses | $32,312 |
| Contributions, gifts, grants paid | $103,000 |
| Total expenses and disbursements | $135,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,866 |
| 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 | $1,609,935 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,643,801 |
| 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, Schiele Family Foundation has awarded $103,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ARMORY CENTER FOR THE ARTS PURPOSE: GENERAL SUPPORT | $10,000 |
ARTS FOR HEALING AND JUSTICE NETWORK PURPOSE: GENERAL SUPPORT | $10,000 |
FIRST TEE - LOS ANGELES PURPOSE: GENERAL SUPPORT | $10,000 |
KIDS AND ART FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
LA ANIMAL SERVICES PURPOSE: GENERAL SUPPORT | $10,000 |
LOS ANGELES ROOM AND BOARD PURPOSE: GENERAL SUPPORT | $5,000 |