Leonard Schnitzer Charitable Foundation Inc
- Assets
- $1.7m
- Revenue
- $28.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 02/1998
- Data as of
- 06/2023
- EIN
- 93-1232435
Organization Overview
Leonard Schnitzer Charitable Foundation Inc is located in Portland, OR. The organization was established in 1998. 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. Leonard Schnitzer Charitable Foundation Inc 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 06/2023, Leonard Schnitzer Charitable Foundation Inc generated $28.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $109.9k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Leonard Schnitzer Charitable Foundation Inc has awarded 16 individual grants totaling $120,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT OR SUPPORT ACTIVITIES FOR THE BENEFIT OF THE OREGON JEWISH COMMUNITY FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FINANCIAL SUPPORT FOR ORGANIZATIONS THAT PROMOTE EDUCATIONAL, CULTURAL, HEALTH, RELIGIOUS, AND SOCIAL NEEDS OF THE JEWISH COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gayle Romain President | OfficerTrustee | 1 | $0 |
Jerry Sadis Treasurer | OfficerTrustee | 1 | $0 |
Jonathan Singer Trustee | Trustee | 1 | $0 |
Elizabeth Menashe Trustee | Trustee | 1 | $0 |
Lois Schnitzer Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $0 |
| Investment income | $44,284 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$15,848 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,536 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $82,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $22,574 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,975 |
| Fees for services: Other | $309 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $109,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,742,927 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,742,927 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,898 |
| Total liabilities | $1,898 |
| Net assets without donor restrictions | $1,741,029 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,742,927 |
Grants Awarded
Over the last fiscal year, Leonard Schnitzer Charitable Foundation Inc has awarded $46,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BIRTHRIGHT ISRAEL FOUNDATION PURPOSE: JEWISH COMMUNITY SUPPORT | $6,000 |
B'NAI B'RITH MEN'S CAMP ASSOCIATION PURPOSE: JEWISH COMMUNITY SUPPORT | $10,000 |
MEALS ON WHEELS PEOPLE PURPOSE: JEWISH COMMUNITY SUPPORT | $6,500 |
MITTLEMAN JEWISH COMMUNITY CENTER PURPOSE: JEWISH COMMUNITY SUPPORT | $10,000 |
OREGON COMMUNITY WAREHOUSE INC PURPOSE: JEWISH COMMUNITY SUPPORT | $6,500 |
THE OREGON HILLEL FOUNDATION PURPOSE: JEWISH COMMUNITY SUPPORT | $7,500 |