//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Michael And Karen Schley Foundation is a private corporation based in RALEIGH, NC. The foundation received its IRS ruling in 2016. The principal officer is Michael Kent Schley. It holds total assets of $5.9M. Annual income is reported at $865K. Total assets have grown from $503 in 2015 to $5.9M in 2024. The foundation is governed by 2 officers and trustees. 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 2016 to 2024. The foundation primarily funds organizations in North Carolina, Michigan and Texas. According to available records, Michael And Karen Schley Foundation has made 31 grants totaling $794K, with a median grant of $12K. The foundation has distributed between $147K and $222K annually from 2020 to 2023. Individual grants have ranged from $1K to $90K, with an average award of $26K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in North Carolina, Michigan, Texas, which account for 81% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$11K
Average Grant
$24K
Largest Grant
$55K
Based on 6 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.
Michael And Karen Schley Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in NC, MI, TX.
Michael And Karen Schley Foundation has distributed a total of $794K across 31 grants. The median grant size is $12K, with an average of $26K. Individual grants have ranged from $1K to $90K.
Michael And Karen Schley Foundation typically selects its grantees rather than accepting unsolicited proposals.
Michael And Karen Schley Foundation is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Schley | DIRECTOR | $0 | $0 | N/A |
| Karen Schley | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$5.9M
Fair Market Value
N/A
Net Worth
$5.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
31
Total Giving
$794K
Average Grant
$26K
Median Grant
$12K
Unique Recipients
14
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Akhonya Development CboIMPROVING COMPUTER AND READING SKILLS IN KENYA PRIMARY AND SECONDARY SCHOOLS AND FOR CONSTRUCTION OF THE KONGONI COMMUNITY LIBRARY. | — | $72K | 2023 |
| Nc JusticeTO ELIMINTE POVERTY IN NORTH CAROLINA BY ENSURING THAT EVERY HOUSEHOLD IN THE STATE HAS ACCESS TO THE RESOURCES, SERVICES, AND FAIR TREATMENT IT NEEDS TO ACHIEVE ECONOMIC SECURITY. | Raleigh, NC | $71K | 2023 |
| Saint Andrews Presbyterian ChurchJOINING TOGETHER AS A COMMUNITY TO SERVE THE MOST VULNERABLE. | Raleigh, NC | $29K | 2023 |
| North Raleigh Ministries IncPROVIDE EMERGENCY ASSISTANCE TO RESIDENTS IN NORTH RALEIGH EXPERIENCING CRISIS AND NEEDING HELP WITH ESSENTIAL HUMAN NEEDS. | Raleigh, NC | $20K | 2023 |
| Millbrook Magnet High School PtsaFUND SCHOLARSHIPS TO DESERVING STUDENTS TO GO TO WAKE TECH COMMUNITY COLLEGE | Raleigh, NC | $12K | 2023 |
| Hope CollegeEDUCATING STUDENTS FOR LIVES OF LEADERSHIP AND SERVICE IN A GLOBAL SOCIETY. | Holland, MI | $10K | 2023 |
| Faith MinistryTO BUILD HOUSES, SPONSOR CHILDREN, MEET SPIRTITUAL AND MEDICAL NEEDS, AND PROVIDE A COMMUNITY OF FELLOWSHIP. | Mcallen, TX | $5K | 2023 |
| American Friends Of KenyaIMPROVING EDUCATION IN PRIMARY SCHOOLS IN KENYA AND HELPING FUND SEVERAL LIBRARIES, AS WELL AS PROVIDING MEDICAL AND HEALTRH EDUCATION. | Wethersfield, CT | $3K | 2022 |
| Nc Society Of Hispanic ProfessionalsPROVIDING EDUCATION AMONG HISPANIC YOUTH, FUNDING THE HISPANIC EDUCATION SUMMIT | Cary, NC | $1K | 2022 |
| Ifma FoundationMAKING FM A CAREER OF CHOICE | Houston, TX | $10K | 2021 |
| North Carolina Society Of Hispanic ProfessionalsTO PROMOTE THE EDUCATION OF HSPANIC STUDENTS AT ALL SCHOLASTIC LEVELS. | Cary, NC | $25K | 2020 |
| Staff Of HopeTO IMPACT THE LIVES OF THOSE IN EAST AFRICA | Durham, NC | $20K | 2020 |
| A Place At The TablePROVIDING COMMUNITY AND GOOD FOOD FOR ALL, REGARDLESS OF MEANS | Raleigh, NC | $3K | 2020 |
| Helping Hand MissionPROVIDE RELIEF AND SUPPORT TO NEEDY FAMILIES AND VICTIMS OF FIRE. DISTRIBUTE FOOD AND CLOTHING TO PERSONS IN NEED. | Raleigh, NC | $3K | 2020 |