Betty M Schocke Charitable Foundation

FORT MILL, SC EIN: 47-6982025

Betty M Schocke Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT MILL, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 4 grants totaling $99K. Net investment income was $171K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

+6.3% YoY

Annual Giving

$99K

+10.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$25K

+10.8% YoY

Under IRS private-foundation payout rules, Betty M Schocke Charitable Foundation reported a distributable amount of $67K for 2024 — the minimum it must pay out in qualifying distributions.

About Betty M Schocke Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $506K (100%)

States

Texas

Cities

Galveston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,168,911	$1,100,115	$1,162,428
Revenue	$193,084	$48,230	$31,124
Expenses	$122,820	$110,542	$142,041
Qualifying Distributions	$101,568	$91,702	$116,085
Net Investment Income	$171,358	$24,981	$9,883
Distributable Amount	$67,451	$69,257	$65,729

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Mary Cathedral Basilica Galveston T ($49,465), Galveston College Foundation ($19,786), Holy Family Catholic School Galveston ($19,786).

Recipient	Purpose	Amount
Gulf Coast Big Brothers and Big Sisters Galveston, TX	GENERAL FINANCIAL SUPPORT	$9,893
Galveston College Foundation Galveston, TX	GENERAL FINANCIAL SUPPORT	$19,786
St Mary Cathedral Basilica Galveston T Galveston, TX	GENERAL FINANCIAL SUPPORT	$49,465
Holy Family Catholic School Galveston Galveston, TX	GENERAL FINANCIAL SUPPORT	$19,786

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Betty M Schocke Charitable Foundation?

Betty M Schocke Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT MILL, SC. It holds $1.2M in total assets as of 2024.

How large is Betty M Schocke Charitable Foundation?

As of 2024, Betty M Schocke Charitable Foundation holds $1.2M in total assets with $193K in annual revenue. It awarded 4 grants totaling $99K in 2024.

Where does Betty M Schocke Charitable Foundation operate?

Betty M Schocke Charitable Foundation has awarded grants in Texas.

What size grants does Betty M Schocke Charitable Foundation award?

In 2024, Betty M Schocke Charitable Foundation awarded 4 grants totaling $99K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is Betty M Schocke Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Betty M Schocke Charitable Foundation reported a distributable amount of $67K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Betty M Schocke Charitable Foundation's EIN?

Betty M Schocke Charitable Foundation's EIN (Employer Identification Number) is 47-6982025. IRS Form 990 filing data is available on this page for 2020–2024.