Overview
What is Schoellerman Foundation?
The Schoellerman Foundation is a charitable organization situated in Newport, California. Its primary objective is to offer support to various nonprofit organizations, focusing on four main categories: educational and cultural programs, family and children's issues, medical research and healthcare, and Catholic organizations. This encompasses initiatives related to community projects, education, arts, family challenges such as hunger, abuse, and housing, medical advancements, and Catholic churches and missionary orders. The foundation aims to contribute to these causes by providing grants.
Is Schoellerman Foundation legitimate?
Schoellerman Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schoellerman Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Schoellerman Foundation?
The Schoellerman Foundation's mission is centered around providing support to various charitable organizations. Specifically, it focuses on four main classes of organizations. The first category includes community foundations that contribute to community projects, education, cultural, and artistic programs. The second category involves organizations that address family and children's issues, such as hunger, abuse, education, and housing. The third category encompasses organizations that support medical research and healthcare. Lastly, the foundation extends its support to Catholic organizations, including churches and missionary orders. In essence, the Schoellerman Foundation aims to contribute to the well-being of communities and individuals through its charitable contributions.
Who is the CEO of Schoellerman Foundation?
Jack Schoellerman is the Director,Pres., Chairman of Schoellerman Foundation.
What is the revenue of Schoellerman Foundation?
Schoellerman Foundation's revenue in 2022 was $145,447.
Who are the executives of Schoellerman Foundation and what are their salaries?
Here are 3 key members and their salaries:
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- Compensation: $0
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Where can I find the form 990 for Schoellerman Foundation?
Schoellerman Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Schoellerman Foundation
The Schoellerman Foundation is committed to providing assistance to charitable organizations that focus on a variety of crucial areas. Among these, the foundation supports organizations that engage in educational and cultural programs, family issues, medical research, and healthcare. Additionally, the foundation extends its support to Catholic organizations, including churches and missionary orders.
In more detail, the Schoellerman Foundation provides aid to community foundations that contribute to community projects, education, cultural, and artistic programs. These foundations play a significant role in enriching communities and fostering a sense of unity and growth.
The foundation also shows interest in organizations that address family and children's issues. Such organizations work tirelessly to combat challenges like hunger, abuse, education, and housing. By supporting these initiatives, the Schoellerman Foundation contributes to the well-being of families, ensuring that they have the necessary resources to thrive.
Furthermore, the foundation supports organizations dedicated to medical research and healthcare. The advancement of medical knowledge and the provision of healthcare services are crucial for improving people's lives and addressing health-related issues effectively. By backing these organizations, the Schoellerman Foundation contributes to the betterment of public health.
Lastly, the foundation extends its support to Catholic organizations, including churches and missionary orders. These organizations play a vital role in spreading faith and providing support to their communities. By supporting these organizations, the Schoellerman Foundation contributes to the spiritual well-being of individuals and the strengthening of communities.
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Impact
October, 2024
The Schoellerman Foundation significantly impacts communities by providing essential support to a wide range of charitable organizations that address critical issues in education, culture, family welfare, medical research, and healthcare. Through targeted grants, the foundation enables community foundations to fund projects that enrich educational and cultural opportunities, ensuring access to vital programs and resources.
By focusing on family and children’s issues, the foundation helps combat hunger, provide shelter, and address abuse, thereby improving the quality of life for vulnerable populations. In the realm of healthcare, its support for medical research and health initiatives contributes to advancements in treatment and accessibility, promoting better health outcomes for individuals and families.
Additionally, the foundation supports Catholic organizations, including churches and missionary orders, reinforcing the role of faith-based initiatives in community development. Overall, the Schoellerman Foundation plays a crucial role in fostering a positive social impact by empowering organizations that create lasting change in education, family support, healthcare, and cultural enrichment.
This information is meant to be a general summary of Schoellerman Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $145,447
- Gross Receipts: $1,483,302
Assets and Liabilities:
- Total Assets: $1,719,300
- Total Liabilities: $0
- Net Assets: $1,719,300
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Organization Details
Principal Officer
Jack Schoellerman
Main Address
2845 CASSIA STREET, NEWPORT, CA, 92660
NTEE Category
Code: B12 - Education
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