The Martha and Joseph Schrodt Family Foundation is a private foundation established in 2001, based in River Forest, Illinois. The foundation operates as a 501(c)(3) organization with a primary focus on education and charitable causes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$793K
+203.9% YoY
Grant Count
53
+112.0% YoY
Avg Grant Size
$15K
+43.3% YoY
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation supports educational institutions and community-based charitable organizations, with particular emphasis on nursing education and academic scholarships.
Grantmaking
The foundation made seven grants in 2023, with typical award amounts ranging from $1,000 to $110,091.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends across multiple states, with documented giving in:
- Illinois
- Utah
- Missouri
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $12,967,436
- Total Revenues: $9,386,663
- Total Expenses: $269,647
- Total Grants: $760,483
Revenue Breakdown (2023):
- Total grants and contributions: $8,744,448
- Investment income and dividends: $241,104
- Net gain from sale of non-inventory assets: $401,111
Staff: The foundation operates with no employees.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
96 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Millikin University ($110,091), Chicago Appleseed Center for Fair Courts ($100,000), Richland Community College ($98,361).
| Recipient | Purpose | Amount |
|---|---|---|
| APPLESEED FOUNDATION WASHINGTON, DC | CHARITABLE | $15,000 |
| ARIZONA FOOD BANK NETWORK PHOENIX, AZ | CHARITABLE | $5,000 |
| BOYS AND GIRLS CLUB OF CENTRAL ILLINOIS SPRINGFIELD, IL | CHARITABLE | $2,500 |
| BOYS AND GIRLS CLUB DECATUR DECATUR, IL | CHARITABLE | $2,500 |
| CATHOLIC CROSS OUTREACH BOCA RATON, FL | CHARITABLE | $5,000 |
| CATHOLIC RELIEF SERVICES HARLAN, IA | CHARITABLE | $5,000 |
| CENTRAL ILLINOIS FOOD BANK SPRINGFIELD, IL | CHARITABLE | $5,000 |
| CHICAGO APPLESEED CENTER FOR FAIR COURTS CHICAGO, IL | CHARITABLE | $100,000 |
| CITIZEN ADVOCACY CENTER ELMHURST, IL | CHARITABLE | $30,000 |
| CONVOY OF HOPE SPRINGFIELD, MO | CHARITABLE | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Joseph Schrodt, M.D. (1937–2023) Dr. Joseph "Merle" Schrodt was an orthopedic surgeon and community leader in Illinois. He served the residents of Decatur, Illinois, and surrounding communities as an orthopedic surgeon from 1970 until his retirement. Dr. Schrodt held numerous leadership positions including:
- Board of Counselors, American Board of Orthopedic Surgery
- Chairman, Crossing Healthcare Board
- President, Decatur Memorial Hospital Board
- President, Macon County Medical Society
- Team physician for Millikin University sports teams for over 30 years
Dr. Schrodt passed away on March 17, 2023, at the age of 85.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEITH JOSEPH SCHRODT | DIRECTOR | 0.1 | — |
| TERESA JANE PUSKEDRA | VP/SECY/TREASUR | 0.1 | — |
| DAVID IVAN SCHRODT | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Martha & Joseph Schrodt fund?
The foundation's grantmaking priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation supports educational institutions and community-based charitable organizations, with particular emphasis on nursing education and academic scholarships.
How do I apply for a grant from Martha & Joseph Schrodt?
**Grant Activity:** The foundation made seven grants in 2023, with typical award amounts ranging from $1,000 to $110,091. **Recent Grants (2023):** • Millikin University: $30,186 (Education) • Weber State University: $22,185 (Education) • Appleseed Foundation: $15,000 (Charitable) • Sullivan Community Education Foundation: $5,000 (Education) **Total Giving:** • 2023: $760,483 in total grants The foundation also supports nursing education through the Dr. Joseph and Martha Schrodt Nursing Scholar…
Where does Martha & Joseph Schrodt make grants?
The foundation's grantmaking extends across multiple states, with documented giving in: • Illinois • Utah • Missouri
What size grants does Martha & Joseph Schrodt award?
In 2024, Martha & Joseph Schrodt awarded 53 grants totaling $793K — an average of about $15K per grant, based on its IRS Form 990 filings.
What is Martha & Joseph Schrodt's EIN?
Martha & Joseph Schrodt's EIN (Employer Identification Number) is 36-4443304. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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