George & Betty Schaefer Foundation

CINCINNATI, OH EIN: 31-1532097

George & Betty Schaefer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $560K in total assets. In 2024, it awarded 2 grants totaling $10K. Net investment income was $90K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$560K

+16.2% YoY

Annual Giving

$10K

+92.6% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$5K

-3.7% YoY

Under IRS private-foundation payout rules, George & Betty Schaefer Foundation reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.

About George & Betty Schaefer 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

Ohio $170K (86%)

Kansas $27K (14%)

States

Kansas Ohio

Cities

CincinnatiKansas City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$559,776	$481,670	$444,563
Revenue	$101,744	$52,302	$26,989
Expenses	$23,387	$15,108	$10,528
Qualifying Distributions	$11,460	$6,425	$5,600
Net Investment Income	$90,241	$43,667	$22,150
Distributable Amount	$50,213	$37,243	$34,627

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

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Unbound ($5,400), Catholic Inner City Schools ($5,000).

Recipient	Purpose	Amount
UNBOUND KANSAS CITY, KS	PROJECT/PROGRAM SUPPORT	$5,400
CATHOLIC INNER CITY SCHOOLS CINCINNATI, OH	PROJECT/PROGRAM SUPPORT	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
George A Schaefer Jr	Trustee	1	—
Betty Ann Schaefer	Trustee	1	—
George A Schaefer III	Trustee	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is George & Betty Schaefer Foundation?

George & Betty Schaefer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. It holds $560K in total assets as of 2024.

How large is George & Betty Schaefer Foundation?

As of 2024, George & Betty Schaefer Foundation holds $560K in total assets with $102K in annual revenue. It awarded 2 grants totaling $10K in 2024.

Where does George & Betty Schaefer Foundation operate?

George & Betty Schaefer Foundation has awarded grants in Kansas, Ohio.

What size grants does George & Betty Schaefer Foundation award?

In 2024, George & Betty Schaefer Foundation awarded 2 grants totaling $10K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is George & Betty Schaefer Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, George & Betty Schaefer Foundation reported a distributable amount of $50K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is George & Betty Schaefer Foundation's EIN?

George & Betty Schaefer Foundation's EIN (Employer Identification Number) is 31-1532097. IRS Form 990 filing data is available on this page for 2020–2024.