Form 990 for tax year 2022

Totals

Total revenue

$3,525,870

Total expenses

$1,588,568

Contributions and grants received

$30,600

Grants paid

$1,526,398

Program service revenue

$0

Investment income

$3,494,670

Other revenue

$600

Total assets, end of year

$20,807,666

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$20,807,666

Program services expenses (Part IX)

$1,526,398

Management and general expenses

$62,170

Fundraising expenses

$0

Program service expenses (Part III)

$1,526,398

Program services were 96.1% 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 · 2022

• 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 $1,526,398 · Grants $1,526,398

As filed on the 2022 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

  $500,000

  LIPSCOMB LEADS CAMPAIGN

• LIPSCOMB UNIVERSITY

  $171,628

  SCHOLARSHIPS

• LIPSCOMB UNIVERSITY

  $100,000

  LIPSCOMB MENTORING NETWORK

• HOMEWOOD CHURCH OF CHRIST

  $55,000

  FOR VIRUNGA VALLEY ACADEMY - LAND ACQUSITION AND SCHOLARSHIPS

• GULF COST CHURCH OF CHRIST

  $50,000

  HURRICANE RELIEF FUND

• NEIGHBORHOOD COOPERATIVE MINISTRY INC

  $50,000

  BEYOND THE BUILDING CAPITAL CAMPAIGN

• HARDING UNIVERSITY

  $47,020

  SCHOLARSHIPS

• HIS WAY RECOVERY CENTER OF GEORGIA INC

  $30,000

  GENERAL OPERATIONS SUPPORT

• THE EXTENSION INC

  $30,000

  BUILDING SOLUTIONS CAPITAL CAMPAIGN

• NORTH ATLANTA CHURCH OF CHRIST

  $28,000

  NACC SCHOLARSHIP PROGRAM

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

2022

Filed

14 November 2023

IRS schema version

2022v5.0

Source object

202313189349313281

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.