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DEMOGRAPHIC

ADDRESS
631 MUSEUM DRIVE
28207
COUNTY
mecklenburg county, NC
IN CARE OF NAME
GREGORY G SCHOTT

ORGANIZATIONAL OVERVIEW & RANKINGS

SCHOTT FAMILY FOUNDATION is a based in CHARLOTTE, NC, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Independent Foundations. Established in February 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $27,369,285.00, this ranks 28,777 among 2,656,690 nonprofits nationally (Top 2%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 648 out of 80,207 organizations in NC (Top 1%).

In mecklenburg county, NC, the organization ranks 105 out of 10,149 nonprofits by assets (Top 2%), while locally in charlotte, it stands at 101 among 8,464 organizations (Top 2%).

The organization reported no revenue in the most recent filing period, placing it at 1,828,407 nationally and 54,311 in NC.

Within its specific NTEE classification (T22 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 25,677 similar organizations, SCHOTT FAMILY FOUNDATION ranks 811 in assets (Top 4%) and 4,397 in revenue (Top 18%).

The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T22: Private Independent Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$173,433.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2019
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$27,369,285.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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