Albert Schenk Iii & Kathleen H

WHEELING, WV EIN: 55-0764535

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

Under IRS private-foundation payout rules, Albert Schenk Iii & Kathleen H reported a distributable amount of $439K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

4states

Cities

CharlestonColumbusDallasGassawayMorgantownMoundsvilleSt ClairsvilleTriadelphiaWest LibertyWheelingWoodburn

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$213K$426K$639K$851K20202021202220232024
Metric202420232022
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

$0$136K$272K$408K$543K20 grants202031 grants202133 grants202227 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

OGLEBAY FOUNDATION INC$80KOGLEBAY INSTITUTE$30KOHIO COUNTY SCHOOLS$30KBELCO WORKS INC$20KWHEELING COUNTRY DAY SCH…$20KHOUSE OF THE CARPENTER$16KKING'S DAUGHTERS CHILD C…$13KCATHOLIC CHARITIES WV$10KHOH SHARE INC$10KNAMI OF GREATER WHEELING$10K

Grant Size Distribution

129 grants across all recorded years

124<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Albert Schenk Iii & Kathleen H

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Oglebay Foundation Inc ($80,000), Oglebay Institute ($30,000), Ohio County Schools ($30,000).

RecipientPurposeAmount
ALL-IN MISSIONS DALLAS, WVRECREATION - RESOURCE CENTER$5,000
APPALACHIAN OUTREACH WHEELING, WVWAREHOUSE WORKER - PAYROLL$3,500
ARC OF OHIO COUNTY WHEELING, WVSUMMER CAMP 2024$5,000
BELCO WORKS INC ST CLAIRSVILLE, OHVEHICLE PURCHASE$20,000
CATHOLIC CHARITIES WV WHEELING, WVPROGRAM ASSISTANCE$10,000
CITY OF WHEELING RECREATION WHEELING, WVPLAYGROUND SIGNS$5,000
GROW WEST VIRGINIA WHEELING, WVPROGRAM ASSISTANCE$5,000
HOH SHARE INC WHEELING, WVMOJO HOUSE$10,000
HOUSE OF THE CARPENTER WHEELING, WVFOOD PANTRY$16,000
KING'S DAUGHTERS CHILD CARE WHEELING, WVBUILDING ADDITION$12,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MARY S HAMILTONTRUSTEE$4KFRANK A BONACCITRUSTEE$3KKAREN S SLIGARTRUSTEE$3KBRIAN BONACCITRUSTEE$3KCHASE DEFELICETRUSTEE$3KSEAN HUGHESTRUSTEE$3KNATALIE HAMILTONTRUSTEE$3KCOLE BONACCITRUSTEE$3KKRISTINE SLIGARTRUSTEE$2KSHELLY REARDONTRUSTEE$2KBROOKE WETMORETRUSTEE$2KCHELSEE BONACCITRUSTEE$2KHOLLY WELPTRUSTEE$2KSARA YANKOTRUSTEE$2KALEX DEFELICETRUSTEE$500CHANCE BONACCITRUSTEE$500

From 2024 filing

NameTitleHoursCompensation
LOUISE S COULLINGTRUSTEE
HOLLY WELPTRUSTEE1$1,500
FRANK A BONACCITRUSTEE1$2,500
MARY S HAMILTONTRUSTEE1$3,500
KAREN S SLIGARTRUSTEE1$2,500
SARA YANKOTRUSTEE1$1,500
BRIAN BONACCITRUSTEE1$2,500
CHASE DEFELICETRUSTEE1$2,500
SEAN HUGHESTRUSTEE1$2,500
KRISTINE SLIGARTRUSTEE1$2,000
SHELLY REARDONTRUSTEE1$2,000
BROOKE WETMORETRUSTEE1$2,000
CHELSEE BONACCITRUSTEE1$2,000
ALEX DEFELICETRUSTEE1$500
CHANCE BONACCITRUSTEE1$500
NATALIE HAMILTONTRUSTEE1$2,500
COLE BONACCITRUSTEE1$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,

Frequently Asked Questions

What does Albert Schenk Iii & Kathleen H fund?

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.

How do I apply for a grant from Albert Schenk Iii & Kathleen H?

**Grant Activity:** • Total giving (2023): $269,400 • Number of grants made (2023): 20 grants • Typical award range: $375–$80,000 **Recent Grants (2023):** • Oglebay Foundation: $80,000 (Capital Improvements) • Elmhurst House of Friendship: $50,000 (Program Assistance) • Oglebay Institute: $30,000 (Capital Campaign) The trust also maintains a 1929 legacy fund as part of its grantmaking structure.

Where does Albert Schenk Iii & Kathleen H make grants?

Primary funding areas include West Virginia, Ohio, and Indiana, with particular emphasis on the Wheeling, West Virginia community.

What size grants does Albert Schenk Iii & Kathleen H award?

In 2024, Albert Schenk Iii & Kathleen H awarded 18 grants totaling $269K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Albert Schenk Iii & Kathleen H required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Albert Schenk Iii & Kathleen H reported a distributable amount of $439K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Albert Schenk Iii & Kathleen H's EIN?

Albert Schenk Iii & Kathleen H's EIN (Employer Identification Number) is 55-0764535. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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