FOREST HILLS, NY

Carl I Schrag Scholarship Foundation Inc.

Quick Facts

EIN: 116037030
Location: FOREST HILLS, NY
Phone: (212) 531-3724
Category: General
Total Assets: $3K
Annual Income: $1
IRS Ruling Year: 1963
Organization Type: Non-Operating Foundation
Principal Officer: % Allen Schrag
Tax Deductibility: Contributions are deductible

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About This Foundation

Carl I Schrag Scholarship Foundation Inc. is a private corporation based in FOREST HILLS, NY. The foundation received its IRS ruling in 1963. The principal officer is % Allen Schrag. It holds total assets of $3K. Annual income is reported at $1. SUPPORT OF QUALIFIED RELIGIOUS AND EDUCATIONAL INSTITUTIONS. According to available records, Carl I Schrag Scholarship Foundation Inc. has made 3 grants totaling $999, with a median grant of $54. Individual grants have ranged from $54 to $891, with an average award of $333. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New York and Tennessee. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Programs & Activities

SUPPORT OF QUALIFIED RELIGIOUS AND EDUCATIONAL INSTITUTIONS

Frequently Asked Questions

What does Carl I Schrag Scholarship Foundation Inc. fund?

SUPPORT OF QUALIFIED RELIGIOUS AND EDUCATIONAL INSTITUTIONS. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NY, TN.

How much does Carl I Schrag Scholarship Foundation Inc. give in grants?

Carl I Schrag Scholarship Foundation Inc. has distributed a total of $999 across 3 grants. The median grant size is $54, with an average of $333. Individual grants have ranged from $54 to $891.

How do I apply for a grant from Carl I Schrag Scholarship Foundation Inc.?

Carl I Schrag Scholarship Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.

Where is Carl I Schrag Scholarship Foundation Inc. located?

Carl I Schrag Scholarship Foundation Inc. is headquartered in FOREST HILLS, NY. While based in NY, the foundation distributes grants to organizations across 2 states.

Key People & Compensation (2023)

Name	Title	Compensation	Benefits	Total
Carl Schrag	Director	$0	$0	$0
Jonah Schrag	Director	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$352

2023+69%

Total Assets

$4K

2023-8%

Fair Market Value

2023

Net Worth

$4K

2023

Grants Paid

$252

2023

Contributions

2023

Net Investment Income

2023

Distribution Amount

$200

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Expense Breakdown (2023)

Financial Details (2023)

Total Revenue: $1
Total Expenses: $352
Exempt Purpose Expenses: $252
Required Distribution: $200
Undistributed Income: $0
Total Liabilities: $1

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$999

Average Grant

$333

Median Grant

$54

Unique Recipients

Grant Range

Min$54

Max$891

Median: $54

Smallest grantLargest grant

Grant Size Distribution

Geographic Distribution of Grants

NY$945 (2)

TN$54 (1)

Past Grantees

Recipient	Location	Amount	Year
Congregation Ansche ChesedANY EXEMPT PURPOSE	New York, NY	$891	2021
Queens HatzolahANY EXEMPT PURPOSE	Kew Gardes, NY	$54	2021
St Judes Childrens HospitalANY EXEMPT PURPOSE	Memphis, TN	$54	2021