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Kathryn I Schiffner Music Fund is a private corporation based in BUFFALO, NY. The foundation received its IRS ruling in 2003. The principal officer is Dauphin Deposit Bk & Trust Co. It holds total assets of $110K. Annual income is reported at $36K. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. According to available records, Kathryn I Schiffner Music Fund has made 4 grants totaling $12K, with a median grant of $3K. Annual giving has decreased from $7K in 2022 to $5K in 2023. Individual grants have ranged from $2K to $3K, with an average award of $3K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Pennsylvania and Tennessee. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Kathryn I Schiffner Music Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in PA, TN.
Kathryn I Schiffner Music Fund has distributed a total of $12K across 4 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $2K to $3K.
One half of income to reading musical foundation. Other half to graduating student in reading/berks cty area accepted to college/univ or qual music school major in voice or piano.
Kathryn I Schiffner Music Fund is headquartered in BUFFALO, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$10K
Total Assets
$111K
Fair Market Value
$124K
Net Worth
$111K
Grants Paid
$5K
Contributions
N/A
Net Investment Income
$945
Distribution Amount
$6K
Total: $109K
Total Grants
4
Total Giving
$12K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
3
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Reading Musical FoundationEDUCATIONAL SCHOLARSHIPS | Reading, PA | $2K | 2023 |
| Trevecca Nazarene UniversitySCHOLARSHIP | Nashville, TN | $2K | 2023 |
| Susquehanna UniversitySCHOLARSHIP | Selinsgrove, PA | $3K | 2022 |