Edward & Hildegarde H Schaefer Foundation
- Assets
- $1.8m
- Revenue
- $25.4k
- Investments
- $1.8m
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 06/1962
- Data as of
- 12/2023
- EIN
- 35-6043926
Organization Overview
Edward & Hildegarde H Schaefer Foundation is located in Fort Wayne, IN. The organization was established in 1962. 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. Edward & Hildegarde H Schaefer 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, Edward & Hildegarde H Schaefer Foundation generated $25.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $106.6k during the year ending 12/2023. While expenses have increased by 4.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Edward & Hildegarde H Schaefer Foundation has awarded 136 individual grants totaling $616,550. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Schaefer Trustee | 1 | $0 | |
Diane S Humphrey Trustee | 1 | $0 | |
First Merchants Bank Trustee | 3 | $11,550 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,643 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$12,243 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,400 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,550 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $331 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,881 |
| Contributions, gifts, grants paid | $94,750 |
| Total expenses and disbursements | $106,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $894 |
| Savings and temporary cash investments | $30,529 |
| Net Accounts receivable | $0 |
| 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 | $1,786,512 |
| 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 |
Grants Awarded
Over the last fiscal year, Edward & Hildegarde H Schaefer Foundation has awarded $94,750 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ACRES PURPOSE: ANNUAL GIFT | $7,000 |
BIG BROTHERS BIG SISTERS PURPOSE: ANNUAL GIFT | $5,000 |
BOYS & GIRLS CLUB OF FORT WAYNE PURPOSE: ANNUAL GIFT | $7,250 |
BRIDGE OF GRACE MINISTRY PURPOSE: SENIORS & CHILDREN PROGRAMS | $2,500 |
FORT WAYNE COMMUNITY SCHOOLS PURPOSE: "B INSTRUMENTAL" PROGRAM SUPPORT | $2,000 |
FORT WAYNE PHILHARMONIC PURPOSE: OPERATIONAL SUPPORT | $10,000 |