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Also known as: FAMILY FOUNDATION
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The@Martha And Joseph Schrodt Family Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2001. The principal officer is Merle Joseph Schrodt. It holds total assets of $13.5M. Annual income is reported at $2.8M. Total assets have grown from $1.7M in 2011 to $13M in 2023. The foundation is governed by 3 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 2023. Grantmaking is concentrated in Illinois. According to available records, The@Martha And Joseph Schrodt Family Foundation has made 14 grants totaling $220K, with a median grant of $10K. Individual grants have ranged from $1K to $75K, with an average award of $16K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$52K
Largest Grant
$330K
Based on 7 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.
The@Martha And Joseph Schrodt Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in IL.
The@Martha And Joseph Schrodt Family Foundation has distributed a total of $220K across 14 grants. The median grant size is $10K, with an average of $16K. Individual grants have ranged from $1K to $75K.
The@Martha And Joseph Schrodt Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The@Martha And Joseph Schrodt Family Foundation is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Ivan Schrodt | DIRECTOR | $0 | $0 | N/A |
| Teresa Jane Puskedra | VP/SECY/TREASUR | $0 | $0 | N/A |
| Keith Joseph Schrodt | DIRECTOR | $0 | $0 | N/A |
Total Giving
$270K
Total Assets
$13M
Fair Market Value
$15.9M
Net Worth
$13M
Grants Paid
$261K
Contributions
$8.7M
Net Investment Income
$642K
Distribution Amount
$536K
Total: $1.2M
Total Grants
14
Total Giving
$220K
Average Grant
$16K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Millikin UniversityEDUCATION | Decatur, IL | $75K | 2022 |
| Richland Community CollegeEDUCATION | Decatur, IL | $10K | 2022 |
| Decatur Memorial Hospital FoundatioCHARITABLE | Decatur, IL | $10K | 2022 |
| Juvenile Diabetes Research FdnCHARITABLE | Chicago, IL | $10K | 2022 |
| Warrensburg-Latham EducationEDUCATION | Warrensburg, IL | $2K | 2022 |
| Sullivan Education FoundationEDUCATION | Sullivan, IL | $2K | 2022 |
| Friends Of St Marys HospitalCHARITABLE | Springfield, IL | $1K | 2022 |