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Nonprofiteer
← SCHWEITZER FAMILY FOUNDATION

Form 990 for tax year 2023

Filed by SCHWEITZER FAMILY FOUNDATION.

Totals

Total revenue
$1,636,745
Total expenses
$201,591
Contributions and grants received
$0
Grants paid
$102,791
Program service revenue
$0
Investment income
$1,636,745
Other revenue
$0
Total assets, end of year
$9,880,239
Total liabilities, end of year
$15,749
Net assets or fund balances, end of year
$9,864,490
Program services expenses (Part IX)
$102,791
Management and general expenses
$98,800
Fundraising expenses
$0
Program service expenses (Part III)
$102,791

Program services were 51.0% 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.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $375,767 · excluded $375,767

  • 7a · Gross sales of assets other than inventory

    securities $17,543,854

  • 7b · Less cost or other basis and sales expenses

    securities $16,282,876

  • 7c · Gain or loss

    securities $1,260,978

  • 7d · Net gain or loss

    total $1,260,978 · excluded $1,260,978

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $102,791 · program services $102,791

  • 11b · Fees: legal

    total $4,264 · management and general $4,264

  • 11c · Fees: accounting

    total $5,058 · management and general $5,058

  • 11f · Fees: investment management

    total $9,875 · management and general $9,875

  • 11g · Fees: other

    total $79,603 · management and general $79,603

Balance sheet

Part X, book values.

  • 12 · Investments: other securities

    beginning of year $9,965,567 · end of year $9,880,239

  • 17 · Accounts payable and accrued expenses

    end of year $2,588

  • 25 · Other liabilities

    beginning of year $65,389 · end of year $13,161

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $9,900,178 · end of year $9,864,490

Mission and programs · 2023

Mission

BROAD SUPPORT OF THE PHILANTHROPIC COMMUNITY INCLUDING CANCER, MENTAL HEALTH, EDUCATION, ADDICTION, PUBLIC SAFETY, AND THE ARTS.

  • CHARITABLE CONTRIBUTIONS

    Expenses $102,791 · Grants $102,791

As filed on the 2023 return.

Listed in Part VII

  • Matthew Randazzo

    VICE PRESIDENT

    Total calculated
    $297,816
    From this org
    $0
    From related orgs
    $272,946
    Other
    $24,870
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $248,433 related
    Bonus
    $0 + $24,513 related
    Other
    $0
    Deferred
    $0 + $10,481 related
    Nontaxable benefits
    $0 + $14,389 related
    Filer's total
    $0 + $297,816 related

  • Julie Diaz

    VICE PRESIDENT

    Total calculated
    $381,100
    From this org
    $0
    From related orgs
    $367,667
    Other
    $13,433
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $367,667 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $13,433 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $381,100 related

  • Lyle S Jackson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Lane Ray

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Torrey Littleton

    TREASURER

    Total calculated
    $256,683
    From this org
    $0
    From related orgs
    $231,518
    Other
    $25,165
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $209,518 related
    Bonus
    $0 + $22,000 related
    Other
    $0
    Deferred
    $0 + $9,680 related
    Nontaxable benefits
    $0 + $15,485 related
    Filer's total
    $0 + $256,683 related

  • Angela Woodson

    SECRETARY

    Total calculated
    $151,082
    From this org
    $0
    From related orgs
    $137,029
    Other
    $14,053
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $132,829 related
    Bonus
    $0 + $4,200 related
    Other
    $0
    Deferred
    $0 + $5,540 related
    Nontaxable benefits
    $0 + $8,513 related
    Filer's total
    $0 + $151,082 related

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

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCH J, PG 2, PART II
COMPENSATION DETERMINED BY THE DALLAS FOUNDATION, EIN 75-2890371, RELATED ORGANIZATION USING COMPENSATION STUDY AND APPROVED BY FULL BOARD.

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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202413209349305836

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