Form 990 for tax year 2023

Totals

Total revenue

$3,162,636

Total expenses

$2,271,946

Contributions and grants received

$1,012,450

Grants paid

$2,124,104

Program service revenue

$0

Investment income

$2,148,893

Other revenue

$1,293

Total assets, end of year

$20,698,371

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$20,698,371

Program services expenses (Part IX)

$2,124,104

Management and general expenses

$147,842

Fundraising expenses

$0

Program service expenses (Part III)

$2,124,104

Program services were 93.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• THE SHUMARD FOUNDATION, INC. SUPPORTS CHARITIES THAT ARE 501(C)(3) ORGANIZATIONS AND ARE QUALIFIED TO BE SUPPORTED BY THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY. SEE SCHEDULE I FOR A DETAILED LIST OF GRANTS TO QUALIFIED CHARITIES.

  Expenses $2,124,104 · Grants $2,124,104

As filed on the 2023 return.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• LIPSCOMB UNIVERSITY

  $1,000,000

  LIPSCOMB LEADS CAMPAIGN

• SERVANT FOUNDATION DBA THE SIGNATRY

  $719,162

  THE SHUMARD FOUNDATION FUND

• LIPSCOMB UNIVERSITY

  $90,000

  SCHOLARSHIPS

• NORTH ATLANTA CHURCH OF CHRIST

  $28,000

  NACC SCHOLARSHIP PROGRAM

• HARDING UNIVERSITY

  $26,104

  SCHOLARSHIPS

• COMMUNITY ASSISTANCE CENTER

  $25,000

  HOLIDAY FOOD BOXES PROGRAM

• SERVANT FOUNDATION DBA THE SIGNATRY

  $25,000

  THE G3 SHUMARD GIVING FUND

• LUBBOCK CHRISTIAN UNIVERSITY

  $20,000

  SCHOLARSHIPS

• HEALTH TALENTS INTERNATIONAL

  $15,000

  50TH ANNIVERSARY CELEBRATION SPONSORSHIP

• FAULKNER UNIVERSITY

  $14,000

  SCHOLARSHIPS

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• SERVANT FOUNDATION INC DBA THE SIGNATRY

  501(C)(3) · FACILIATES REVOLUTIONARY GENEROSITY BY PROVIDING GRANTS FOR NONPROFITS · KS

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Provenance

Return type

form_990

Tax year

2023

Filed

30 April 2025

IRS schema version

2023v6.0

Source object

202541209349303464

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.