Albert Schenk Iii & Kathleen H
The Albert Schenk III & Kathleen H. Schenk Charitable Trust is a private foundation based in Wheeling, West Virginia. Established in 1999, the trust operates as a 501(c)(3) organization with no employees, functioning as a grantmaking entity focused on supporting charitable causes primarily in West Virginia, Ohio, and Indiana.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.0M
+2.8% YoY
Annual Giving
$269K
-13.6% YoY
Grant Count
18
-33.3% YoY
Avg Grant Size
$15K
+29.6% YoY
Mission & Focus Areas
The trust's primary purpose is to make donations supporting youth services, community development, and cultural institutions. Key funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Program assistance
- Capital improvements
- Capital campaigns
The trust has demonstrated particular commitment to organizations serving the Wheeling area, including youth services systems and community support organizations.
Grantmaking
The trust also maintains a 1929 legacy fund as part of its grantmaking structure.
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Geographic Focus
Where this funder awards grants
Primary funding areas include West Virginia, Ohio, and Indiana, with particular emphasis on the Wheeling, West Virginia community.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $8,715,107
- Total revenues: $442,664
- Total expenses: $417,454
- Total liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,956,386 | $8,715,107 | $8,144,845 |
| Revenue | $493,811 | $442,664 | $239,788 |
| Expenses | $368,876 | $417,454 | $687,218 |
| Qualifying Distributions | $269,400 | $311,875 | $543,425 |
| Net Investment Income | $75,584 | $59,429 | $91,666 |
| Distributable Amount | $439,032 | $414,027 | $417,047 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
129 grants across all recorded years
Open Grants
1 open opportunity from Albert Schenk Iii & Kathleen H
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LOUISE S COULLING | TRUSTEE | — | — |
| HOLLY WELP | TRUSTEE | 1 | $1,500 |
| FRANK A BONACCI | TRUSTEE | 1 | $2,500 |
| MARY S HAMILTON | TRUSTEE | 1 | $3,500 |
| KAREN S SLIGAR | TRUSTEE | 1 | $2,500 |
| SARA YANKO | TRUSTEE | 1 | $1,500 |
| BRIAN BONACCI | TRUSTEE | 1 | $2,500 |
| CHASE DEFELICE | TRUSTEE | 1 | $2,500 |
| SEAN HUGHES | TRUSTEE | 1 | $2,500 |
| KRISTINE SLIGAR | TRUSTEE | 1 | $2,000 |
| SHELLY REARDON | TRUSTEE | 1 | $2,000 |
| BROOKE WETMORE | TRUSTEE | 1 | $2,000 |
| CHELSEE BONACCI | TRUSTEE | 1 | $2,000 |
| ALEX DEFELICE | TRUSTEE | 1 | $500 |
| CHANCE BONACCI | TRUSTEE | 1 | $500 |
| NATALIE HAMILTON | TRUSTEE | 1 | $2,500 |
| COLE BONACCI | TRUSTEE | 1 | $2,500 |
Recent News & Activity
Recent developments and announcements
Albert and Kathleen Schenk have been recognized for their generous contributions to the community and were selected to the Wheeling Hall of Fame in recognition of their philanthropic work.
Albert and Kathleen Schenk Recognized For Generous Contributions to Community,Related Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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