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John Schwab Foundation is a private trust based in HERMITAGE, PA. The foundation received its IRS ruling in 1953. The principal officer is Fnb Wealth Management. It holds total assets of $411K. Annual income is reported at $96K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, John Schwab Foundation has made 24 grants totaling $116K, with a median grant of $5K. Annual giving has grown from $19K in 2020 to $27K in 2023. Grantmaking activity was highest in 2022 with $50K distributed across 10 grants. Individual grants have ranged from $2K to $16K, with an average award of $5K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in Pennsylvania and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$4K
Largest Grant
$5K
Based on 5 grants from the most recent 990-PF filing.
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.
John Schwab Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in PA, NY.
John Schwab Foundation has distributed a total of $116K across 24 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $2K to $16K.
John Schwab Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is APPLICATIONS ARE DUE BY JUNE 10TH FOR THE UPCOMING SCHOOL YEAR. Applicants must be residents of cameron county, pa., and maintain a specified minimum academic grade point average and demonstrate financial need.
John Schwab Foundation is headquartered in HERMITAGE, PA. While based in PA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First National Trust Company | CORPORATE TRUSTEE | $7K | $0 | $7K |
Total Giving
$33K
Total Assets
$411K
Fair Market Value
$505K
Net Worth
$411K
Grants Paid
$27K
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$24K
Total: $401K
Total Grants
24
Total Giving
$116K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Bonaventure UniversityCOLLEGE EDUCATION | St Bonaventure, NY | $16K | 2023 |
| Saint Francis UniversityCOLLEGE EDUCATION | Loretto, PA | $6K | 2023 |
| Indiana University Of PennsylvaniaCOLLEGE EDUCATION | Indiana, PA | $6K | 2023 |
| Pennsylvania College Of TechnologyCOLLEGE EDUCATION | Williamsport, PA | $5K | 2022 |
| Slippery Rock UniversityCOLLEGE EDUCATION | Slippery Rock, PA | $4K | 2022 |
| Karlee BresslinCOLLEGE EDUCATION | Emporium, PA | $5K | 2021 |
| Emily RichnafskyCOLLEGE EDUCATION | Emporium, PA | $5K | 2021 |
| Sophia FragaleCOLLEGE EDUCATION | Emporium, PA | $4K | 2021 |
| Dylan GuistoCOLLEGE EDUCATION | Emporium, PA | $4K | 2021 |
| Haily HilfigerCOLLEGE EDUCATION | Emporium, PA | $3K | 2021 |
| Noah AbriatisCOLLEGE EDUCATION | Emporium, PA | $2K | 2021 |
| Allyson NarbyCOLLEGE EDUCATION | Emporium, PA | $5K | 2020 |
| Bobbi FragaleCOLLEGE EDUCATION | Emporium, PA | $5K | 2020 |
| Dalton BallCOLLEGE EDUCATION | Emporium, PA | $4K | 2020 |