Marge & Charles J Schott Foundation

CINCINNATI, OH EIN: 31-6063407 Website

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

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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

Ohio $8.3M (97%)

Kentucky $109K (1%)

Illinois $100K (1%)

Indiana $50K (1%)

States

California District of Columbia Illinois Indiana Kentucky Missouri New York Ohio

Cities

Blue AshCincinnatiCincinntaiClarksvilleColumbusConvigntonConvingtonCovingtonDaaDaytonDillsboroFlorenceFt MitchellGolfLiberty TownshipManhattan BeachMasonMiddletownMilfordNew York

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.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

2016

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 students

Frequently 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.