Louis & Melba Schott Foundation

CINCINNATI, OH EIN: 20-2102454

Louis & Melba Schott Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 4 grants totaling $100K. Net investment income was $62K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

-3.8% YoY

Annual Giving

$100K

+11.1% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$25K

-16.7% YoY

Under IRS private-foundation payout rules, Louis & Melba Schott Foundation reported a distributable amount of $92K for 2024 — the minimum it must pay out in qualifying distributions.

About Louis & Melba Schott 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 $345K (100%)

States

Ohio

Cities

CincinnatiW Chester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,644,072	$1,708,516	$1,028,321
Revenue	$89,035	$797,573	$95,078
Expenses	$153,475	$117,377	$117,431
Qualifying Distributions	$105,486	$94,661	$85,937
Net Investment Income	$61,657	$774,896	$67,026
Distributable Amount	$91,721	$77,219	$93,351

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include A Childs Hope International Inc ($25,000), Cincinnati Youth Collaborative ($25,000), Cincinnati Golden Gloves for Youth ($25,000).

Recipient	Purpose	Amount
A CHILDS HOPE INTERNATIONAL INC CINCINNATI, OH	PROJECT/PROGRAM SUPPORT	$25,000
CINCINNATI YOUTH COLLABORATIVE CINCINNATI, OH	PROJECT/PROGRAM SUPPORT	$25,000
CINCINNATI GOLDEN GLOVES FOR YOUTH CINCINNATI, OH	GENERAL OPERATING SUPPORT	$25,000
BREAKTHROUGH CINCINNATI INC CINCINNATI, OH	PROJECT/PROGRAM SUPPORT	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FIFTH THIRD BANK N A	TRUSTEE	1	$30,537

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Louis & Melba Schott Foundation?

Louis & Melba Schott Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. It holds $1.6M in total assets as of 2024.

How large is Louis & Melba Schott Foundation?

As of 2024, Louis & Melba Schott Foundation holds $1.6M in total assets with $89K in annual revenue. It awarded 4 grants totaling $100K in 2024.

Where does Louis & Melba Schott Foundation operate?

Louis & Melba Schott Foundation has awarded grants in Ohio.

What size grants does Louis & Melba Schott Foundation award?

In 2024, Louis & Melba Schott Foundation awarded 4 grants totaling $100K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is Louis & Melba Schott Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Louis & Melba Schott Foundation reported a distributable amount of $92K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Louis & Melba Schott Foundation's EIN?

Louis & Melba Schott Foundation's EIN (Employer Identification Number) is 20-2102454. IRS Form 990 filing data is available on this page for 2021–2024.