Carl W Schafer Tw

BUFFALO, NY EIN: 52-6174408

Carl W Schafer Tw is a private foundation, based in BUFFALO, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 2 grants totaling $101K. Net investment income was $85K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+0.3% YoY

Annual Giving

$101K

+63.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$50K

+63.3% YoY

Under IRS private-foundation payout rules, Carl W Schafer Tw reported a distributable amount of $78K for 2024 — the minimum it must pay out in qualifying distributions.

About Carl W Schafer Tw

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $385K (100%)

States

Maryland

Cities

Cumberland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,442,793	$1,438,923	$1,449,681
Revenue	$110,716	$81,361	$91,683
Expenses	$135,847	$91,184	$98,820
Qualifying Distributions	$102,473	$63,348	$72,772
Net Investment Income	$85,312	$57,517	$65,109
Distributable Amount	$78,031	$74,447	$78,621

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Western Md Health System Fdn Inc ($75,730), Allegany County Library ($25,243).

Recipient	Purpose	Amount
WESTERN MD HEALTH SYSTEM FDN INC CUMBERLAND, MD	MEDICAL	$75,730
ALLEGANY COUNTY LIBRARY CUMBERLAND, MD	EDUCATION	$25,243

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Carl W Schafer Tw?

As of 2024, Carl W Schafer Tw holds $1.4M in total assets with $111K in annual revenue. It awarded 2 grants totaling $101K in 2024.

Where does Carl W Schafer Tw operate?

Carl W Schafer Tw has awarded grants in Maryland.

What size grants does Carl W Schafer Tw award?

In 2024, Carl W Schafer Tw awarded 2 grants totaling $101K — an average of about $50K per grant, based on its IRS Form 990 filings.

How much is Carl W Schafer Tw required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carl W Schafer Tw reported a distributable amount of $78K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.