Schwartz Wiekamp Foundation is located in Granger, IN. The organization was established in 1989. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schwartz Wiekamp Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Schwartz Wiekamp Foundation generated $11.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (21.5%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Schwartz Wiekamp Foundation has awarded 127 individual grants totaling $3,444,207. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary And Treasurer | 1 | $0 | |
Name Not Listed Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $23,240 |
| Dividends & Interest | $1,040,154 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,051,824 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $378 |
| Total Revenue | $11,948 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $100,008 |
| Pension plans, employee benefits | $7,651 |
| Interest | $0 |
| Taxes | $15,557 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48,980 |
| Total operating and administrative expenses | $249,622 |
| Contributions, gifts, grants paid | $988,100 |
| Total expenses and disbursements | $1,237,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $647,528 |
| Net Accounts receivable | $4,867 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,353,844 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Schwartz Wiekamp Foundation has awarded $988,100 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
CULTIVATE CULINARY SCHOOL AND CATERING INC PURPOSE: CHARITABLE EVENT | $15,000 |
FIRST UNITED METHODIST CHURCH PURPOSE: GENERAL & UNRESTRICTED | $97,000 |
CENTER FOR THE HOMELESS INC PURPOSE: TO SUPPORT THE RENOVATION OF THE SCHWARTZ FAMILY EDUCATION CENTER | $400,000 |
DECLAN DRUMM SULLIVAN MEMORIAL FUND PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
HEROES CAMP INC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
INDIANA GOLF FOUNDATION INC PURPOSE: MICHIANA ANNUAL CAMPAIGN FUND | $5,000 |