J F & W S Schoellkopf Fdn Bank of America

Private foundation · Grantmaker Dallas, TX EIN: 04-6008242

J F & W S Schoellkopf Fdn Bank of America is a private foundation, based in Dallas, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $33.3M in total assets. In 2025, it awarded 3 grants totaling $903K. Net investment income was $2.7M.

J F & W S Schoellkopf Fdn Bank of America at a glance

In short: J F & W S Schoellkopf Fdn Bank of America gave $903K across 3 grants in 2025 (avg $301K), mostly in New York. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$902,945
+13.6% vs 2024
Grants made (2025)
3
+0.0% vs 2024
Average grant
$300,982
+13.6% vs 2024
Median grant
$50,000
Total assets
$33,303,219
+6.0% vs 2024
Primary geography
New York (93% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who J F & W S Schoellkopf Fdn Bank of America funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Community Fdn for Greater Buffalo: $843KCommunity Fdn for GreaterBuffalo$843KCity of Stuttgart: $50KCity of Stuttgart$50KCity of Kirchheim Unter Teck: $10KCity of Kirchheim Unter Teck$10K

The largest 2025 recipient was Community Fdn for Greater Buffalo ($843K). Together the top 3 received $903K.

Grant Size Distribution

15 grants across all recorded years

5<$50K5$50–100K$100–250K1$250–500K3$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 5 grants of 15 (33%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

Buffalo

How J F & W S Schoellkopf Fdn Bank of America gives

  • Giving fell 47% from 2022 to 2025. Method
  • In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M3 grants2021 3 grants2022 3 grants2023 3 grants2024 3 grants2025

From 2021 to 2025, annual grant giving ranged from $472K (2023) to $1.7M (2022). In 2025 it made 3 grants totaling $903K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Community Fdn for Greater Buffalo Buffalo, NYTo Support the Buffalo Fdn$842,945
City of Stuttgart To Support City of$50,000
City of Kirchheim Unter Teck To Support Stadverwaltunk$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$33,303,219$2,811,126$1,058,442$902,9453$908,385$2,681,684$993,238
2024$31,419,841$1,039,835$884,276$795,0673$800,050$900,015$907,928
2023$30,365,518$-333,040$552,907$472,2183$476,982$651,938$799,831
2022$30,740,256$5,172,240$1,942,260$1,712,3173$1,716,338$5,065,403$981,768
2021$32,198,716$1,735,082$898,990$813,6753—$1,665,987$1,210,531

Under IRS private-foundation payout rules, J F & W S Schoellkopf Fdn Bank of America reported a distributable amount of $993K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

J F & W S Schoellkopf Fdn Bank of America's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2021

    1 hr/week

    $30K (2021) → $47K (2025)

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America — Trustee: $47KBank of AmericaTrustee$47K

The highest reported compensation on the 2025 filing was $47K, to Bank of America (Trustee).

Frequently asked questions about J F & W S Schoellkopf Fdn Bank of America

How much does J F & W S Schoellkopf Fdn Bank of America give each year?

J F & W S Schoellkopf Fdn Bank of America gave $903K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $795K across 3 grants.

What is J F & W S Schoellkopf Fdn Bank of America's typical grant size?

J F & W S Schoellkopf Fdn Bank of America's median grant in 2025 was $50,000, and its average grant was $300,982, across 3 grants on its 2025 IRS Form 990-PF.

Where does J F & W S Schoellkopf Fdn Bank of America give grants?

J F & W S Schoellkopf Fdn Bank of America gives mostly in New York: 93% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does J F & W S Schoellkopf Fdn Bank of America give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on J F & W S Schoellkopf Fdn Bank of America's 2025 IRS Form 990-PF were described as general or operating support.

How large is J F & W S Schoellkopf Fdn Bank of America?

J F & W S Schoellkopf Fdn Bank of America reported $33.3M in total assets on its 2025 IRS Form 990-PF. It paid out $908K in qualifying distributions that year, against a required minimum of $993K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is J F & W S Schoellkopf Fdn Bank of America's EIN?

J F & W S Schoellkopf Fdn Bank of America's EIN (Employer Identification Number) is 04-6008242. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 15, 2023)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 3, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 2, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 7, 2025)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS January 31, 2026)
  6. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from J F & W S Schoellkopf Fdn Bank of America's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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