The Schiewetz Foundation Inc
- Assets
- $0.0
- Revenue
- $2.3m
- Investments
- $80.5m
- Employees
- 0
- Location
- Dayton, OH
- Founding
- 02/2002
- Data as of
- 12/2020
- EIN
- 31-1812245
Organization Overview
The Schiewetz Foundation Inc is located in Dayton, OH. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schiewetz Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Schiewetz Foundation Inc generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $4.4m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Schiewetz Foundation Inc has awarded 82 individual grants totaling $20,539,241. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer L Schmidt Secretary/treasurer | 8 | $40,000 | |
Amy C Kress Vice President | 8 | $40,000 | |
Richard W Schwartz President | 8 | $0 | |
Jane E Schwartz Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Richview Advisors | 12/30/21 | $389,393 |
Northern Trust Company | 12/30/21 | $138,892 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,763,675 |
| Profit on Inventory Sales | $0 |
| Other Income | $930 |
| Total Revenue | $2,325,012 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $80,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $932,211 |
| Contributions, gifts, grants paid | $3,487,000 |
| Total expenses and disbursements | $4,419,211 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $16,509,729 |
| Other assets | $153,112 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $295,726 |
Grants Awarded
Over the last fiscal year, The Schiewetz Foundation Inc has awarded $3,320,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Dayton, OH PURPOSE: PERFORMING ARTS FIELD OF INTEREST FUND #1558 & GENERAL FUND | $1,265,000 |
Cedarville, OH PURPOSE: ADVANCEMENT FUND | $500,000 |
Kettering, OH PURPOSE: GENERAL FUND | $300,000 |
BOY SCOUTS MIAMI VALLEY COUNCIL PURPOSE: GENERAL FUND | $250,000 |
Reston, VA PURPOSE: GENERAL FUND | $250,000 |
New York, NY PURPOSE: DAYTON PUBLIC SCHOOLS | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH | $318,390,176 | $10,905,260 |
Mathile Family Foundation Dayton, OH | $0 | $5,909,915 |
John W Anderson Foundation Valparaiso, IN | $342,409,938 | $34,395,256 |
Gilbert Fam Foundation Detroit, MI | $16,505,480 | $22,733,689 |
Herbert Simon Family Foundation Indianapolis, IN | $26,075,189 | $9,696,254 |
Richard And Helen Devos Foundation Grand Rapids, MI | $31,037 | $11,215,000 |
Huntington Foundation Columbus, OH | $456,967 | $10,970,786 |
Zachary Smith Reynolds Trust Pittsburgh, PA | $187,892,547 | $20,789,622 |
Franciscan Health Foundation Inc Mishawaka, IN | $46,155,507 | $9,741,999 |
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
The Steve & Amy Van Andel Foundation Grand Rapids, MI | $111,040,892 | $8,504,096 |