Marge & Charles J Schott Foundation
The Marge & Charles J Schott Foundation is a private foundation based in Cincinnati, Ohio. Established around 1980, the foundation was founded by the late Marge Schott, a pioneering businesswoman who was the second woman to purchase a professional baseball team and the first woman to be awarded a General Motors dealership in a major metropolitan area. She acquired the Cincinnati Reds in 1984.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Revenue
$168K
-97.5% YoY
Net Investment Income
$114K
-98.0% YoY
Expenses
$52K
-99.2% YoY
Mission & Focus Areas
The foundation primarily supports nonprofit organizations in the Cincinnati region, with selected grants also made to national organizations.
Areas of interest include:
- Education
- Health
- Social services
- Children and youth
- Catholic churches
- Arts and culture
- Philanthropy, voluntarism, and grantmaking
- Human services
Types of support include general operating support and project support.
Grantmaking
The foundation accepts applications.
Grant Range
$20,000
How to Apply
**
Ready to take the next step with Marge & Charles J Schott Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily supports nonprofit organizations in the Cincinnati, Ohio region, with selected grants also made to national organizations.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2022:
- Total assets: $96.8 million
- Total annual giving: $5.1 million
- Giving rate: 5.3% of assets
As of 2023:
- Revenue: $168,000
- Expenses: $51,800
Tax-Exempt Status: The foundation has been tax-exempt since September 1966 and is designated as a 501(c)(3) organization.
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $96,801,543 | $96,968,868 |
| Revenue | $167,843 | $6,709,850 | $11,169,832 |
| Expenses | $51,810 | $6,877,175 | $8,455,910 |
| Qualifying Distributions | — | $5,606,607 | $7,179,456 |
| Net Investment Income | $113,972 | $5,577,593 | $9,980,860 |
| Distributable Amount | — | $5,711,516 | $7,439,132 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2023
Grant Size Distribution
150 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2023.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANK CRANE III | PRESIDENT | 10 | — |
| CARLOTTA C WIDER | VICE PRESIDENT | 10 | — |
| MARY ELIZABETH UNNEWEHR | ASST. SECRETARY | 10 | — |
| TRACEY C DUDA | TRUSTEE | 10 | — |
| JOHN R VERKAMP | TREASURER | 10 | — |
| GRETTCHEN MCGOFF | TRUSTEE | 10 | — |
Recent News & Activity
Recent developments and announcements
In 2016, the Marge and Charles J. Schott Foundation endowed a $250,000 scholarship fund at Cincinnati State Technical and Community College to support low-income students facing multiple challenges beyond academics.
Schott Foundation endows scholarship for low-income studentsFrequently Asked Questions
What does Marge & Charles J Schott Foundation fund?
The foundation primarily supports nonprofit organizations in the Cincinnati region, with selected grants also made to national organizations. Areas of interest include: • Education • Health • Social services • Children and youth • Catholic churches • Arts and culture • Philanthropy, voluntarism, and grantmaking • Human services Types of support include general operating support and project support.
How do I apply for a grant from Marge & Charles J Schott Foundation?
**Grant Characteristics:** • Typical award range: $1,000–$1,000,000 • Median grant size: $20,000 • Grant range: $1,000–$525,000 **Recent Activity:** • In 2022, the foundation awarded $5.1 million through 110 grants • In 2016, the foundation donated $250,000 to Cincinnati State Technical and Community College to endow a scholarship fund benefiting low-income students **Application Process:** The foundation accepts applications.
Where does Marge & Charles J Schott Foundation make grants?
The foundation primarily supports nonprofit organizations in the Cincinnati, Ohio region, with selected grants also made to national organizations.
What is Marge & Charles J Schott Foundation's EIN?
Marge & Charles J Schott Foundation's EIN (Employer Identification Number) is 31-6063407. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in Marge & Charles J Schott Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Cooper Tire Foundation Inc
AKRON, OH
Assets
$71K
Grants
2
Total Given
$67K
Auburn Education Foundation
CONCORD TOWNSHIP, OH
Assets
$352K
Grants
2
Total Given
$214K
Galpin-white Ta
BROOKLYN, OH
Assets
$16K
Grants
1
Total Given
$887
The Cleveland Superior Arts
CLEVELAND, OH
Assets
$5K
Grants
1
Total Given
$251K
Mary E H Rutter Tr Para 28
BROOKLYN, OH
Assets
$401K
Grants
1
Total Given
$26K
Carrie Peska Memorial Scholarship Fund
ANDOVER, OH
Assets
$19K
Grants
1
Total Given
$4K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Marge & Charles J Schott Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Marge & Charles J Schott Foundation to a real strategy.