Shumard Foundation Inc
Donations deductibleRevenue
$7.6m
year to 31 December 2024
Expenses
$1.6m
year to 31 December 2024
Total assets
$26.7m
$0 liabilities
Net assets
$26.7m
assets less liabilities
Directors and trustees
9
5.1 years on average
Staff
0
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Voting members
9
reported in Part VI
Shumard Foundation Inc's network
9 people5 organisationsi9 people and 5 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). Violet dotted lines (5) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
9 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Curtis L Shumard | Trustee/ President | 2022 | 4 yrs |
| Dale Armstrong | Trustee | 2022 | 4 yrs |
| Gary Long | Trustee | 2022 | 4 yrs |
| Joel Reed | Trustee | 2018 | 8 yrs |
| Julie S Potts | Trustee | 2024 | 2 yrs |
| Kenneth M Shumard JR (also filed as Kenneth M Shumard) | Trustee/ Secretary | 2018 | 8 yrs |
| Robert B Shumard | Trustee | 2024 | 2 yrs |
| Theresa Long | Trustee | 2024 | 2 yrs |
| William J Long | Trustee/Treasurer | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| William J Long | Trustee/Treasurer | 3 | $0 | ||
| Joel Reed | Trustee | 0.5 | $0 | ||
| Dale Armstrong | Trustee | 0.5 | $0 | $315k | $22k |
| Gary Long | Trustee | 0.5 | $0 | ||
| Curtis L Shumard | Trustee/ President | 5 | $0 | ||
| Kenneth M Shumard Jr | Trustee/ Secretary | 3 | $0 | ||
| Theresa Long | Trustee | 0.5 | $0 | ||
| Julie S Potts | Trustee | 0.5 | $0 | ||
| Robert B Shumard | Trustee | 0.5 | $0 |
About
- Legal name
- Shumard Foundation Inc
- EIN
- 203798084
- Address
- 3295 River Exchange Dr Ste 242, Norcross, GA, 30092-4208
- State
- Georgia
- Mission
- The shumard foundation, inc. Supports charities that are 501(c)(3) organizations and are qualified to be supported by the servant foundation, inc. Dba the signatry. (as filed on the Form 990)
- Activity (NTEE)
- S11 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 8 (IRS master file code)
- Formed
- 2005
- Principal officer
- Curtis L Shumard (as named on the Form 990)
- IRS ruling date
- 1 September 2007
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2024
- IRS Publication 78
- SOUNK (contributions deductible)
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥8years on the filingsJoel Reed
≥8years on the filingsKenneth M Shumard JR
≥8years on the filingsWilliam J Long
≥4years on the filingsCurtis L Shumard
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $26.7m
- Total liabilities
- $0
- Net assets or fund balances
- $26.7m
- Contributions and grants received
- $2k
- Program service revenue
- $0
- Grants and similar paid out
- $1.5m
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $7.6m | $1.6m | $6m |
As filed on the IRS Form 990. US dollars.
Grants paid
3 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Servant Foundation Dba the Signatry | The shumard foundation fund | $1m |
| Lipscomb University | Lipscomb leads campaign | $500k |
| Servant Foundation Dba the Signatry | The g3 shumard giving fund | $25k |