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Louis And Melba Schott Foundation is a private corporation based in CINCINNATI, OH. The foundation received its IRS ruling in 2005. It holds total assets of $1.7M. Annual income is reported at $1M. Total assets have grown from $1.3M in 2010 to $1.6M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Ohio. According to available records, Louis And Melba Schott Foundation has made 22 grants totaling $333K, with a median grant of $8K. The foundation has distributed between $70K and $90K annually from 2020 to 2023. Individual grants have ranged from $3K to $70K, with an average award of $15K. The foundation has supported 18 unique organizations. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$17K
Largest Grant
$40K
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.
Louis And Melba Schott Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in OH.
Louis And Melba Schott Foundation has distributed a total of $333K across 22 grants. The median grant size is $8K, with an average of $15K. Individual grants have ranged from $3K to $70K.
The application deadline is ESTABLISHED AFTER REVIEW OF INTIAL LETTER. Restricted to geographical area served by fifth third bancorp. Organizations that make a substantial difference in the quality of community life and strengthen families.
Louis And Melba Schott Foundation is headquartered in CINCINNATI, OH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fifth Third Bank N A | TRUSTEE | $26K | $0 | $26K |
Total Giving
$153K
Total Assets
$1.6M
Fair Market Value
$2M
Net Worth
$1.6M
Grants Paid
$100K
Contributions
N/A
Net Investment Income
$62K
Distribution Amount
$92K
Total: $1.5M
Total Grants
22
Total Giving
$333K
Average Grant
$15K
Median Grant
$8K
Unique Recipients
18
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stepping StonesPROGRAM SUPPORT | Cincinnati, OH | $8K | 2020 |
| The Healthcare ConnectionPROGRAM/PROJECT SUPPORT | Cincinnati, OH | $50K | 2023 |
| Focus On Youth IncGENERAL OPERATING SUPPORT | W Chester, OH | $30K | 2023 |
| Clifton Cultural Arts CenterCAPITAL CAMPAIGN | Cincinnati, OH | $10K | 2023 |
| Down Syndrome Asoc Of Greater CincyPROJECT/PROGRAM SUPPORT | Cincinnati, OH | $25K | 2022 |
| Ronald Mcdonald House CharitiesPROJECT/PROGRAM SUPPORT | Cincinnati, OH | $10K | 2022 |
| Envision ChildrenPROJECT/PROGRAM SUPPORT | Cincinnati, OH | $5K | 2022 |
| Girls On The Run Of GreaterANNUAL FUND | Cincinnati, OH | $5K | 2022 |
| Freestore FoodbankPROGRAM SUPPORT | Cincinnati, OH | $10K | 2020 |
| Cancer Family CarePROGRAM SUPPORT | Cincinnati, OH | $10K | 2020 |
| Beech Acres Parenting CenterPROGRAM SUPPORT | Cincinnati, OH | $8K | 2020 |
| Greater Cincinnati Behavioral HealthPROGRAM SUPPORT | Cincinnati, OH | $7K | 2020 |
| Cincinnati Playhouse In The ParkPROGRAM SUPPORT | Cincinnati, OH | $6K | 2020 |
| Josh Cares IncPROGRAM SUPPORT | Cincinnati, OH | $5K | 2020 |
| Talbert HousePROGRAM SUPPORT | Cincinnati, OH | $5K | 2020 |
| Big Brothers Big Sisters ButlerPROGRAM SUPPORT | Hamilton, OH | $5K | 2020 |
| Girls On The RunPROGRAM SUPPORT | Cincinnati, OH | $5K | 2020 |
| ElementzPROGRAM SUPPORT | Cincinnati, OH | $5K | 2020 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH