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William C Schumacher Family Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 823932028 ✦ Lafayette, LA ✦ Designated as a 501(c)(3)

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Overview

What is William C Schumacher Family Foundation?

The William C Schumacher Family Foundation is a philanthropic organization, in alliance with Community Foundation of Acadiana, that focuses on promoting community development. They achieve this by providing financial aid to various charitable organizations and fostering collaboration and community involvement. One of their notable initiatives is Love Our Schools, which aims to enhance lives through leadership and education, particularly in the Lafayette Parish School System, by ensuring internet access for students. The foundation's primary mission is to bolster community strength by distributing funds to charitable organizations and engaging in collaborative efforts.

Is William C Schumacher Family Foundation legitimate?

William C Schumacher Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. William C Schumacher Family 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

For more financial information, click here

What is the mission statement of William C Schumacher Family Foundation?

The William C Schumacher Family Foundation is committed to supporting the charitable mission of the Community Foundation of Acadiana. They accomplish this by distributing funds to various charitable organizations and investing in community initiatives. Their goal is to build stronger communities through collaboration and active engagement. One of their programs, Love Our Schools, encourages community involvement in improving lives through leadership and education. Additionally, they provide internet access to students in the Lafayette Parish School System, furthering educational opportunities.

Who is the CEO of William C Schumacher Family Foundation?

Erica Ray is the Director of William C Schumacher Family Foundation. The CEO's salary of William C Schumacher Family Foundation is $42,857 and their total compensation is $42,857.

What is the revenue of William C Schumacher Family Foundation?

William C Schumacher Family Foundation's revenue in 2022 was $2,150,841.

Who are the executives of William C Schumacher Family Foundation and what are their salaries?

There 300 volunteers at William C Schumacher Family Foundation.


Here are 3 key members and their salaries (William C Schumacher Family Foundation's CEO's salary is $42,857 and their total compensation is $42,857):


William C Shumacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Domengeaux (Ceo/Director)
  • Compensation: $42,857
  • Related: $0
  • Other: $0
Raymond Hebert (Secretary)
  • Compensation: $0
  • Related: $173,429
  • Other: $36,508
Where can I find the form 990 for William C Schumacher Family Foundation?

William C Schumacher Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of William C Schumacher Family Foundation

The William C. Schumacher Family Foundation undertakes a mission to support the charitable objectives of the Community Foundation of Acadiana. In pursuit of this goal, the foundation distributes funds to various charitable organizations and invests resources in fostering stronger communities by promoting collaboration and community engagement. This mission is carried out through initiatives such as the Love Our Schools program, which encourages community involvement to improve lives and education, and provides internet access to students within the Lafayette Parish School System. The foundation's activities aim to positively impact communities by pooling resources and fostering a sense of unity and cooperation.

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Impact




October, 2024

The William C Schumacher Family Foundation has made a significant impact by actively fostering collaboration and community engagement within Lafayette, Louisiana. By supporting the Community Foundation of Acadiana, the foundation effectively channels resources to various charitable organizations, enhancing their capacity to address local needs.

One of the cornerstone initiatives, Love Our Schools, exemplifies the foundation's commitment to improving educational outcomes and community involvement. Through this program, the foundation not only drives leadership and educational initiatives but also directly addresses the digital divide by providing internet access to students in the Lafayette Parish School System. This assists in leveling the playing field for students and enhancing their learning opportunities.

Overall, the foundation plays a crucial role in building stronger communities, empowering individuals, and ensuring that vital resources are available to those who need them most. Its efforts lead to enhanced quality of life, increased educational access, and a more cohesive community network.




This information is meant to be a general summary of William C Schumacher Family 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.

Revenue
$2,150,841 (2022)
Expenses
$2,591,186 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,044,610
  • Gross Receipts: $6,088,152

Assets and Liabilities:

  • Total Assets: $22,357,310
  • Total Liabilities: $0
  • Net Assets: $22,357,310

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Organization Details

Founding Year

2018

Principal Officer

Erica Ray

Main Address

1035 CAMELLIA BOULEVARD SUITE 100, LAFAYETTE, LA, 70508

NTEE Category

Code: T11 - Philanthropy

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