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RAY SCHOENBAUM MEMORIAL FUND U/A 5/22/68

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Public IRS 990 nonprofit record

RAY SCHOENBAUM MEMORIAL FUND U/A 5/22/68

EIN 54-6074938

What they do

RAY SCHOENBAUM MEMORIAL FUND U/A 5/22/68

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders2 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$273.36spent for every $100 of revenueSpending was higher than revenue this year.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $437,879 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$252,582
Expenses$690,461
Annual shortfall $437,879 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$252,582
Expenses$690,461
Income$117,669
Grants given$893,812
Average grant$15,961
Stocks and bonds$140,528
Accounting fees$2,800
Investing fees$3,175
People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (2)

BERNICE SCHOENBAUMTRUSTEE

LYNN SCHOENBAUMTRUSTEE

About this charity

Location
305 BROOKE AVENUE ROOM/SUITE 401, NORFOLK, VA 23510
County
Norfolk (city)
In care of
LYNN SCHOENBAUM
Primary officer
LYNN SCHOENBAUM, TRUSTEE

How to reach them

Filing and classification

Latest tax year
2020
Tax period began
January 1, 2020
Return type
990PF
Tax preparer
SAUNDERS MATTHEWS & PFITZNER PLLC
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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