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Patricia Schaefer Foundation Trust is a private corporation based in FORT WAYNE, IN. The foundation received its IRS ruling in 2022. The principal officer is Michael T Flood- Co-Trustee. It holds total assets of $90.8M. Annual income is reported at $46.3M. Total assets have grown from $61.5M in 2022 to $85.6M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Patricia Schaefer Foundation Trust has made 89 grants totaling $2.9M, with a median grant of $10K. Annual giving has grown from $450K in 2022 to $2.5M in 2023. Individual grants have ranged from $250 to $400K, with an average award of $33K. The foundation has supported 51 unique organizations. The foundation primarily supports organizations in Indiana, California, Colorado, which account for 81% of all grants. Grantmaking reaches organizations across 8 states. 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.
Patricia Schaefer Foundation Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 89 grants. Its grantmaking reaches organizations primarily in IN, CA, CO.
Patricia Schaefer Foundation Trust has distributed a total of $2.9M across 89 grants. The median grant size is $10K, with an average of $33K. Individual grants have ranged from $250 to $400K.
Patricia Schaefer Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Patricia Schaefer Foundation Trust is headquartered in FORT WAYNE, IN. While based in IN, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Flood | TRUSTEE | $266K | $0 | $266K |
| Louise Marsh | TRUSTEE | $266K | $0 | $266K |
| Patricia Schaefer | TRUSTEE | $0 | $0 | N/A |
Total Giving
$4.4M
Total Assets
$85.6M
Fair Market Value
$92.7M
Net Worth
$85.6M
Grants Paid
$2.5M
Contributions
$274K
Net Investment Income
$26.6M
Distribution Amount
$3.7M
Total: $79.4M
Total Grants
89
Total Giving
$2.9M
Average Grant
$33K
Median Grant
$10K
Unique Recipients
51
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Muncie Civic TheaterCAPITAL SUPPORT | Muncie, IN | $400K | 2023 |
| Give A Note FoundationOPERATING SUPPORT | Carmel, IN | $300K | 2023 |
| Muncie Public LibraryCARNEGIE LIBRARY RESTORATION PROJECT | Muncie, IN | $100K | 2023 |
| Community Foundation Of Delaware CoGRANTMAKING | Muncie, IN | $100K | 2023 |
| The VillagesOPERATING SUPPORT | Indianapolis, IN | $100K | 2023 |
| KidsaveOPERATING SUPPORT | Culver City, CA | $100K | 2023 |
| Wheeler MissionOPERATING SUPPORT | Indianapolis, IN | $100K | 2023 |
| Second Helpings IncOPERATING SUPPORT | Indianapolis, IN | $100K | 2023 |
| The Indianapolis FoundationGRANTMAKING | Indianapolis, IN | $90K | 2023 |
| Orchestra IndianaOPERATING SUPPORT | Muncie, IN | $75K | 2023 |
| Animal Rescue FundBUILDING EXPENSES | Muncie, IN | $75K | 2023 |
| IndyhumaneOPERATING SUPPORT | Indianapolis, IN | $70K | 2023 |
| Indiana Youth GroupOPERATING SUPPORT | Indianapolis, IN | $50K | 2023 |
| Hillcroft ServicesOPERATING SUPPORT | Muncie, IN | $50K | 2023 |
| Zionsville Park FoundationOPERATING SUPPORT | Zionsville, IN | $50K | 2023 |
| Refugee Alliance Of Delaware CountyOPERATING SUPPORT | Muncie, IN | $50K | 2023 |
| People And Animal Learning ServicesOPERATING SUPPORT | Bloomington, IN | $50K | 2023 |
| Heart Of Indiana United WayOPERATING SUPPORT | Muncie, IN | $50K | 2023 |
| Exodus RefugeeOPERATING SUPPORT | Indianapolis, IN | $50K | 2023 |
| Dumb Friends LeagueOPERATING SUPPORT | Denver, CO | $50K | 2023 |
| Masterworks ChoraleOPERATING SUPPORT | Muncie, IN | $30K | 2023 |
| Johns Hopkins UniversityOPERATING SUPPORT | Baltimore, MD | $10K | 2023 |
| Greater Muncie Indiana Habitat ForOPERATING SUPPORT | Muncie, IN | $10K | 2023 |
| Motivate Our MindsOPERATING SUPPORT | Muncie, IN | $10K | 2023 |
| St Mary'S Catholic Church - MuncieOPERATING SUPPORT | Muncie, IN | $10K | 2023 |
| AwakenOPERATING SUPPORT | Yorktown, IN | $5K | 2023 |
| Youth Symphony OrchestraOPERATING SUPPORT | Muncie, IN | $2K | 2023 |
| Northwestern University AlumniOPERATING SUPPORT | Evanston, IL | $2K | 2023 |
| Muncie Childrens MuseumOPERATING SUPPORT | Muncie, IN | $2K | 2023 |
| Indiana Public RadioOPERATING SUPPORT | Muncie, IN | $2K | 2023 |
| Soup Kitchen Of Muncie IncOPERATING SUPPORT | Muncie, IN | $1K | 2023 |
| YwcaOPERATING SUPPORT | Muncie, IN | $1K | 2023 |
| Ball State University FndOPERATING SUPPORT | Muncie, IN | $1K | 2023 |
| Second Harvest Food BankOPERATING SUPPORT | Muncie, IN | $1K | 2023 |
| Lyric Opera Of ChicagoOPERATING SUPPORT | Chicago, IL | $1K | 2023 |
| Muncie Symphony OrchestraCHARITABLE | Muncie, IN | $50K | 2022 |
| Community Foundation Of Delaware CountyCHARITABLE | Muncie, IN | $20K | 2022 |