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Herman Schauer Charitable Trust is a private trust based in EVANSVILLE, IN. The foundation received its IRS ruling in 2014. The principal officer is National City Bank Trust Dept. It holds total assets of $1.9M. Annual income is reported at $272K. Total assets have grown from $1.5M in 2013 to $1.9M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Herman Schauer Charitable Trust has made 6 grants totaling $260K, with a median grant of $44K. Annual giving has grown from $86K in 2021 to $174K in 2022. Individual grants have ranged from $43K to $44K, with an average award of $43K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Herman Schauer Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IN.
Herman Schauer Charitable Trust has distributed a total of $260K across 6 grants. The median grant size is $44K, with an average of $43K. Individual grants have ranged from $43K to $44K.
Herman Schauer Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Herman Schauer Charitable Trust is headquartered in EVANSVILLE, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Old National Wealth Management | TRUSTEE | $23K | $0 | $23K |
Total Giving
$95K
Total Assets
$1.9M
Fair Market Value
$2.1M
Net Worth
$1.9M
Grants Paid
$70K
Contributions
N/A
Net Investment Income
$291K
Distribution Amount
$93K
Total Grants
6
Total Giving
$260K
Average Grant
$43K
Median Grant
$44K
Unique Recipients
2
Most Common Grant
$44K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Deaconess Hospital IncPROGRAM SUPPORT | Evansville, IN | $44K | 2022 |
| Evansville Protestant HomePROGRAM SUPPORT | Evansville, IN | $44K | 2022 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN