Louis & Melba Schott Foundation
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
4
+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
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.
Focus Areas
Ready to take the next step with Louis & Melba Schott Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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
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.
Explore Open Grants
Browse active grant opportunities in Louis & Melba Schott Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Greater Cincinnati Foundation
CINCINNATI, OH
Assets
$1.0B
Grants
1,408
Total Given
$184.4M
John a Schroth Family Char Tr
PITTSBURGH, PA
Assets
$41.7M
Grants
58
Total Given
$2.0M
Jack J Smith Jr Charitable Trust
PITTSBURGH, PA
Assets
$9.0M
Grants
43
Total Given
$416K
Sutphin Family Foundation Ica
PITTSBURGH, PA
Assets
$36.8M
Grants
99
Total Given
$2.7M
Pfau Charitable Foundation
PITTSBURGH, PA
Assets
$22.6M
Grants
55
Total Given
$1.5M
United Way of Greater Cincinnati
CINCINNATI, OH
Assets
$83.0M
Grants
140
Total Given
$9.2M
Tr Uw Jacob Schmidlapp #1
CINCINNATI, OH
Assets
$56.9M
Grants
60
Total Given
$2.9M
Millstone Fund
CINCINNATI, OH
Assets
$160.7M
Grants
86
Total Given
$6.3M
Ge Aerospace Foundation
NORWALK, CT
Assets
$22.5M
Grants
2,467
Total Given
$15.3M
Elsa M Heisel Sule Charitable Trust 2005
FT MITCHELL, KY
Assets
$25.5M
Grants
97
Total Given
$931K
Johnson Charitable Gift Fund
CINCINNATI, OH
Assets
$383.4M
Grants
742
Total Given
$46.3M
Marge & Charles J Schott Foundation
CINCINNATI, OH
Assets
$96.8M
Grants
110
Total Given
$5.1M
More Funders in Ohio
Data last updated April 2026. Sourced from IRS Form 990-PF filings.