Irene S Wischer Education Foundation #FA945

SAN ANTONIO, TX EIN: 20-7532216

The Irene S Wischer Education Foundation is a private foundation based in San Antonio, Texas, established in 2007. The foundation is managed by Frost Bank and operates as a 501(c)(3) organization with the primary mission of supporting educational scholarships and higher education initiatives across the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.6M

+0.1% YoY

Annual Giving

$435K

-28.1% YoY

Grant Count

44

+63.0% YoY

Avg Grant Size

$10K

-55.9% YoY

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

Mission & Focus Areas

The foundation provides college and technical school scholarships to exceptional students. Its primary funding focus areas include:

  • Educational scholarships for undergraduate and graduate students
  • Support for vocational and technical school education
  • Higher education initiatives

The foundation prioritizes applicants who demonstrate academic potential, financial need, and good character, with preference given to Christians who attend church on a regular basis.

Grantmaking

Students must be attending or planning to attend accredited undergraduate colleges and universities, graduate schools, and vocational or technical schools designated as qualified organizations (not-for-profit educational institutions).

Grant Range

$5,000–$97,000

Review Cycle

** February 28, 2025

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation funds educational initiatives across multiple U.S. states, including:

  • Texas (primary focus)
  • Georgia
  • Virginia
  • Arizona
  • California
  • Massachusetts
  • And various other states

The foundation has supported institutions in major cities including Austin, Dallas, Houston, and San Antonio.

Grant Distribution by State

17states
+9 more states

Cities

AbileneArkadelphiaArlingtonAtlantaAustinBeltonBostonBrenhamCollege StationColorado SpringsDallasDentonDurhamEl PasoFort WorthFront RoyalGeorgetownHoustonHoweIrving

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (2023):

  • Total assets: $12,560,349–$12,572,556
  • Total revenues: $423,300
  • Total expenses: $773,480
  • Total giving: $435,000
  • Number of grants made: 35 grants in 2023

Grant Activity: The foundation made 35 grants in the most recent reporting year, demonstrating consistent annual grantmaking activity.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$501K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$12,572,556$12,560,349$12,910,274
Revenue$617,748$423,300$350,542
Expenses$605,541$773,480$672,990
Qualifying Distributions$550,193$719,222$576,956
Net Investment Income$436,081$400,673$301,454
Distributable Amount$803,830$616,214$649,601

Giving Over Time

Total grant dollars and number of grants per year

$0$151K$303K$454K$605K31 grants202035 grants202129 grants202227 grants202344 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

E ALBRIGHT$10KG GUENTHER$10KJ NEILL$10KM MOERDYK$10KJ TWYFORD$10KC GOEBEL$10KC KIRK$10KG HENARD$10KI SCHROEDER$10KI SEVERANCE$10K

Grant Size Distribution

166 grants across all recorded years

159<$50K5$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Administrator: Debbie Broemsen (Frost Bank)
  • Trustee: Frost Bank/Frost National Bank

Compensation Overview

From 2024 IRS filing

FROST BANK TRUSTEEINSTITUTIONAL TRUSTEE$91K

From 2024 filing

NameTitleHoursCompensation
FROST BANK TRUSTEEINSTITUTIONAL TRUSTEE2$90,659

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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