Marge & Charles J Schott Foundation

Foundation · Grantmaker 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.

Key facts about Marge & Charles J Schott Foundation

EIN: 31-6063407
Latest 990 filing: Form 990-PF, 2023
How to apply: The foundation accepts applications. Full details ↓

Data from IRS Form 990-PF, 2023; updated June 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Is Marge & Charles J Schott Foundation open to new grantees?

30%

first-time grantees, 2022

In 2022, 33 of 110 grantees (30%) were first-time recipients. First grants averaged $31K; repeat grants $53K. How we count

Medians: $20K first-time, $20K repeat.

54% of 2022 grantees were also funded in 2021. Method
In 2022 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2022). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Marge & Charles J Schott Foundation

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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

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 $15.1M (91%)

Missouri $880K (5%)

District of Columbia $273K (2%)

Kentucky $150K (1%)

Illinois $100K (1%)

Indiana $50K (0%)

New York $50K (0%)

California $20K (0%)

States

California District of Columbia Illinois Indiana Kentucky Missouri New York Ohio

Cities

CincinnatiCovingtonDaytonFt MitchellBlue AshMasonColumbusNewportSt LouisWest Chester TownshipClarksvilleGolfMilfordNew YorkCincinntaiConvigntonConvingtonDaaDillsboroFlorence

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

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2023

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

329 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 2022 IRS filing

From 2023 IRS 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?

The foundation accepts applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.