EIN 38-2806447

The John and Matilda Shumsky Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Traverse City
Year formed
1988
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The John and Matilda Shumsky Foundation is a private foundation located in Traverse City, MI. Its purpose is to maximize the return on portfolio investments sold, which primarily funds needy families, food banks, assistance to needy families, teacher & student scholarships, supportive housing and case management services, as well as support for other needy families. Grantees of the foundation include Grand Traverse Area Catholic Schools and others. Last year, The John and Matilda Shumsky Foundation made 18 grants.
Total revenues
$45,042
2023
Total expenses
$29,344
2023
Total assets
$916,783
2023
Num. employees
0
2023

Program areas at The John and Matilda Shumsky Foundation

Portfolio investments sold to maximize return on portfolio

Grants made by The John and Matilda Shumsky Foundation

GranteeGrant descriptionAmount
Grand Traverse Area Catholic SchoolsTeacher & Student Scholarships$6,000
Father Fred FoundationFood Bank & Needy Families$2,500
Thrive Medical ClinicPregnancy/baby Assistance and Supplies.$2,200
...and 2 more grants made

Personnel at The John and Matilda Shumsky Foundation

NameTitle
Ken KleinrichertTrustee

Financials for The John and Matilda Shumsky Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$22,606
Net rental income$0
Net gain from sale of non-inventory assets$12,493
Gross sales of inventory$0
Miscellaneous revenues$9,943
Total revenues$45,042

Form 990s for The John and Matilda Shumsky Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-06990PFView PDF
2022-122023-11-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-05-17990PFView PDF
2019-122020-10-19990PRView PDF
...and 9 more Form 990s
Data update history
January 22, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 22, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 9, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 3, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundations
Issues
EducationHunger
Characteristics
Provides grantsPartially liquidatedState / local levelNo full-time employees
General information
Address
PO Box 947
Traverse City, MI 49685
County
Grand Traverse County, MI
Phone
(231) 946-1722
IRS details
EIN
38-2806447
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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