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Kentucky · Nonprofit

SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT FOUNDATION INC

SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT FOUNDATION INC (Kentucky) receives grants from 1 organization whose IRS filings report $500 to it, the largest being Blue Cross Blue Shield of Florida Foundation ($500). 0 of them have funded it in more than one year.

Revenue FY2024
$-16650
Funders on record
1
Grants received
$500
Net assets
$214k
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Society for Hospitality and Foodservice Management Foundation Inc does

Mission

To develop the next generation of diverse hospitality professionals by empowering individuals through awareness, education and relationship building.

As stated on its FY2024 Form 990.

Programs

On its FY2024 return the organization reported starting a significant new program.

Scholarship program - the shfm foundation recognizes the role that michigan state university professor timothy mehlberg has played in the development of the student chapter program, the higher education affiliations, and the overall presence of students with the organization. The foundation has launched an educational grant program in his honor, to be awarded to (2) universities. Awarded on a yearly basis, the program will award up to $5,000 to each selected school based upon an application process.

Its own explanation, from Schedule O of that return (Part III, line 2).

  1. Fellowship program: through an application program, the shfm foundation will select and pair students and military members from our affiliates with leaders within shfm. Participants from the fellowship program will be provided admission to the national conference event on behalf of the foundation.additionally, fellowship program participants will be able to attend one additional shfm event during the year (including: young professional summit and critical issues conference. The fellow and mentor will meet at these events, if both are in attendance. The meeting will be facilitated by student affiliation chair and foundation chair prior to event start. The fellow will also be given a one-year shfm membership.

    $32,784 spent
    51% of program spending
  2. Scholarship program - the shfm foundation recognizes the role that michigan state university professor timothy mehlberg has played in the development of the student chapter program, the higher education affiliations, and the overall presence of students with the organization. The foundation has launched an educational grant program in his honor, to be awarded to (2) universities. Awarded on a yearly basis, the program will award up to $5,000 to each selected school based upon an application process.

    $10,500 spent
    16% of program spending
  3. Hennessy traveler program: promote educational opportunities for members of the u. S. Armed forces serving in hospitality assignments. The program provides encouragement and support for those members of the u.s. Armed forces who have an interest in pursuing career opportunities in foodservice hospitality upon their departure from military service. The partnership of civilian foodservice organizations like shfm is invaluable to the men and women in uniform that benefit from our career mentorship and ongoing advice.

    $7,604 spent
    12% of program spending
  4. Student day program: provide assistance to students interested in the field of foodservice management by providing educational grants.college chapter program: establish relationships with higher education institutions in order to educate and inform students on the benefits and creativity of the workplace amenities and foodservice industry.course funding: promote student chapter programs through the use of educational courses.local give back program: dedicated "give back" component, which primarily focuses on supporting the hospitality and foodservice industry and the local communities where its events are held.

    $13,944 spent
    22% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $64,832.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($94k) Expenses 100 ($93k) Net assets 100 ($195k)2021 Revenue 121 ($113k) Expenses 90 ($84k) Net assets 115 ($224k)2022 Revenue 200 ($188k) Expenses 162 ($151k) Net assets 127 ($247k)2023 Revenue 15 ($14k) Expenses 20 ($18k) Net assets 127 ($248k)2024 Revenue -18 ($-16650) Expenses 22 ($21k) Net assets 109 ($214k)
20202021202220232024
Revenue (-18)Expenses (22)Net assets (109)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $197k to $283k (+44%).

$197k
$283k
$288k
$252k
$217k
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

-5% of SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT FOUNDATION INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (65% for the typical peer).

This organization
Typical peer · 26,798 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$364
’20
$30k
’21
$37k
’22
−$4k
’23
−$38k
’24
27
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Davin Wickstrom

Chair

As listed on its FY2024 Form 990.

20232024
Listed1212
Joined·+7
No longer listed·7
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

From the IRS filings of SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT FOUNDATION INC draws 100% of its grant income from funders outside Kentucky, across 1 state in all.

FL

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT FOUNDATION INC is better cushioned than half of the 21,859 education nonprofits its size.

Operating margin226% · outside the comparable range
Months of reserve26.6mo · above the median
Revenue growth (annualized)−47% · bottom quartile

this organization peer median middle 50% of peers· 21,859 education nonprofits under $100k, FY2024

Organizations like SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

0% of spending goes to programs.

Program 0%Management 100%Fundraising 0%

Governance

11
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

KY

Part of a family of 1 related entity

  • Society for Hospitality and Foodservice Management · exempt

Screen this organization

A dated, signed PDF of the compliance screen for SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT FOUNDATION INC?
SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT FOUNDATION INC (Kentucky) receives grants from 1 organization whose IRS filings report $500 to it, the largest being Blue Cross Blue Shield of Florida Foundation ($500). 0 of them have funded it in more than one year.
How many funders does SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT FOUNDATION INC have?
IRS filings report 1 organization giving $500 in grants to SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT FOUNDATION INC.
Who is the largest funder of SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT FOUNDATION INC?
Blue Cross Blue Shield of Florida Foundation is the largest funder on record, with $500 in grants. The full list of funders is on this page.
How can an organization like SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Society for Hospitality and Foodservice Management →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing