Irene S Wischer Education Foundation #FA945
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
Under IRS private-foundation payout rules, Irene S Wischer Education Foundation #FA945 reported a distributable amount of $804K for 2024 — the minimum it must pay out in qualifying distributions.
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
**
Ready to take the next step with Irene S Wischer Education Foundation #FA945?
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
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
166 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include E Albright ($10,000), G Guenther ($10,000), J Neill ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| E ALBRIGHT ABILENE, TX | EDUCATIONAL SCHOLARSHIP | $10,000 |
| G GUENTHER ABILENE, TX | EDUCATIONAL SCHOLARSHIP | $10,000 |
| J NEILL ABILENE, TX | EDUCATIONAL SCHOLARSHIP | $10,000 |
| M MOERDYK ABILENE, TX | EDUCATIONAL SCHOLARSHIP | $10,000 |
| P JAUREGUI-DE LA ROSA BOSTON, MA | EDUCATIONAL SCHOLARSHIP | $5,000 |
| J TWYFORD FRONT ROYAL, VA | EDUCATIONAL SCHOLARSHIP | $10,000 |
| C GOEBEL DALLAS, TX | EDUCATIONAL SCHOLARSHIP | $10,000 |
| C KIRK DALLAS, TX | EDUCATIONAL SCHOLARSHIP | $10,000 |
| G HENARD DALLAS, TX | EDUCATIONAL SCHOLARSHIP | $10,000 |
| I SCHROEDER DALLAS, TX | EDUCATIONAL SCHOLARSHIP | $10,000 |
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FROST BANK TRUSTEE | INSTITUTIONAL TRUSTEE | 2 | $90,659 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Irene S Wischer Education Foundation #FA945 fund?
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.
How do I apply for a grant from Irene S Wischer Education Foundation #FA945?
**Grant Characteristics:** • Renewable scholarship awards with values based on demonstrated financial need • Maximum award: $11,000 per academic year • Renewal eligibility extends for the length of the student's course of study, not to exceed four years • Typical grant range: $5,000–$97,000 • Recent grants include $70,000 to Dallas Baptist University, $52,000 to Phi Eta Sigma National Honor Society/Tarleton State University Chapter, and $50,000 to Abilene Christian University **Eligible Recipie…
Where does Irene S Wischer Education Foundation #FA945 make 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.
What size grants does Irene S Wischer Education Foundation #FA945 award?
In 2024, Irene S Wischer Education Foundation #FA945 awarded 44 grants totaling $435K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Irene S Wischer Education Foundation #FA945 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Irene S Wischer Education Foundation #FA945 reported a distributable amount of $804K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Irene S Wischer Education Foundation #FA945's EIN?
Irene S Wischer Education Foundation #FA945's EIN (Employer Identification Number) is 20-7532216. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Irene S Wischer Education Foundation #FA945's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.