George & Agnes Schael Trust Fund

CINCINNATI, OH EIN: 35-6383161

George & Agnes Schael Trust Fund is a private foundation, based in CINCINNATI, OH. IRS filing data is available from 2019 through 2023. In 2023, it awarded 1 grants totaling $202K. Net investment income was $16K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$202K

+1581.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$202K

+1581.1% YoY

Under IRS private-foundation payout rules, George & Agnes Schael Trust Fund reported a distributable amount of $9K for 2023 — the minimum it must pay out in qualifying distributions.

About George & Agnes Schael Trust Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Illinois $233K (100%)

States

Illinois

Cities

Chicago

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$192,583	$193,739
Revenue	$24,924	$14,849	$15,731
Expenses	$217,358	$16,006	$14,100
Qualifying Distributions	$208,334	$12,000	—
Net Investment Income	$16,041	$11,128	$12,101
Distributable Amount	$9,440	$11,027	$10,843

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2023

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include University of Chicago ($201,727).

Recipient	Purpose	Amount
UNIVERSITY OF CHICAGO CHICAGO, IL	PROJECT/PROGRAM SUPPORT	$201,727

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
FIFTH THIRD BANK N A	Trustee	1	$3,174

Frequently Asked Questions

Where does George & Agnes Schael Trust Fund operate?

George & Agnes Schael Trust Fund has awarded grants in Illinois.

What size grants does George & Agnes Schael Trust Fund award?

In 2023, George & Agnes Schael Trust Fund awarded 1 grants totaling $202K — an average of about $202K per grant, based on its IRS Form 990 filings.

How much is George & Agnes Schael Trust Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, George & Agnes Schael Trust Fund reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is George & Agnes Schael Trust Fund's EIN?

George & Agnes Schael Trust Fund's EIN (Employer Identification Number) is 35-6383161. IRS Form 990 filing data is available on this page for 2019–2023.