Louis G and Virginia Schaefer Tr
Louis G and Virginia Schaefer Tr is a private foundation, based in Pittsburgh, PA. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 3 grants totaling $66K. Net investment income was $113K.
Louis G and Virginia Schaefer Tr at a glance
In short: Louis G and Virginia Schaefer Tr gave $66K across 3 grants in 2025 (avg $22K), mostly in Indiana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $66,195
- +46.9% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $22,065
- +46.9% vs 2024
- Median grant
- $22,065
- Total assets
- $1,247,535
- +3.5% vs 2024
- Primary geography
- Indiana (100% 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 Louis G and Virginia Schaefer Tr funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was The Schneck Mem Hospital Fdn ($22K). Together the top 3 received $66K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Louis G and Virginia Schaefer Tr gives
- Giving grew 192% from 2022 to 2025. Method
- In 2025 it paid out 95% 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
From 2022 to 2025, annual grant giving ranged from $22K (2023) to $66K (2025). In 2025 it made 3 grants totaling $66K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Schneck Mem Hospital Fdn Seymour, IN | General Support | $22,065 |
| James Whitcomb Riley Mem Assoc Indianapolis, IN | General Support | $22,065 |
| First Presbyterian Church Seymour, IN | General Support | $22,065 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,247,535 | $131,156 | $89,142 | $66,195 | 3 | $70,431 | $113,383 | $73,960 |
| 2024 | $1,205,172 | $82,654 | $66,491 | $45,072 | 3 | $49,098 | $65,847 | $70,221 |
| 2023 | $1,189,791 | $68,218 | $40,629 | $22,023 | 3 | $25,545 | $53,389 | $62,223 |
| 2022 | $1,161,360 | $1,299,837 | $34,575 | $22,665 | 3 | $28,111 | $57,784 | $36,504 |
Under IRS private-foundation payout rules, Louis G and Virginia Schaefer Tr reported a distributable amount of $74K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Louis G and Virginia Schaefer Tr's only listed officer is PNC Bank N A, Trustee on every filing since 2024 (compensated).
Officers on the 2025 filing
PNC Bank N A
Trustee
On filings since 2024
1 hr/week
$20K (2024) → $21K (2025)
Former officers (1)
- Former: PNC Bank NA (2022–2023) — Trustee
Data from IRS Form 990 filings, 2022–2025. "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
The highest reported compensation on the 2025 filing was $21K, to PNC Bank N a (Trustee).
Frequently asked questions about Louis G and Virginia Schaefer Tr
How much does Louis G and Virginia Schaefer Tr give each year?
Louis G and Virginia Schaefer Tr gave $66K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $45K across 3 grants.
What is Louis G and Virginia Schaefer Tr's typical grant size?
Louis G and Virginia Schaefer Tr's median grant in 2025 was $22,065, and its average grant was $22,065, across 3 grants on its 2025 IRS Form 990-PF.
Where does Louis G and Virginia Schaefer Tr give grants?
Louis G and Virginia Schaefer Tr gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Seymour, IN (2 grants).
Does Louis G and Virginia Schaefer Tr give general operating support?
Yes: 100% of Louis G and Virginia Schaefer Tr's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Louis G and Virginia Schaefer Tr?
Louis G and Virginia Schaefer Tr reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $70K in qualifying distributions that year, against a required minimum of $74K (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 Louis G and Virginia Schaefer Tr's EIN?
Louis G and Virginia Schaefer Tr's EIN (Employer Identification Number) is 88-6509170. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2022–2024
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