Martha & Joseph Schrodt

CHICAGO, IL EIN: 36-4443304

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

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

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

10states
+2 more states

Cities

AMESAUSTINBOCA RATONBRIDGETONCARBONDALECHAMPAIGNCHARLESTONCHARLOTTESVILLECHICAGOCLEARFIELDCOCONUT NUT CREEKCOLUMBIADECATURDEKALBEAST LANSINGELMHURSTGRIDLEYHARLANIOWA CITYLANSING

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$198K$397K$595K$793K7 grants20197 grants20207 grants20217 grants202225 grants202353 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MILLIKIN UNIVERSITY$110KCHICAGO APPLESEED CENTER…$100KRICHLAND COMMUNITY COLLEGE$98KOGDEN-WEBER TECHNICAL CO…$40KCITIZEN ADVOCACY CENTER$30KKENWOOD OAKLAND COMMUNIT…$25KENABLE UTAH$20KFAMILY COUNSELING SERVIC…$20KNEW AMERICAN PHILHARMONIC$20KAPPLESEED FOUNDATION$15K

Grant Size Distribution

96 grants across all recorded years

90<$50K2$50–100K2$100–250K2$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
APPLESEED FOUNDATION WASHINGTON, DCCHARITABLE$15,000
ARIZONA FOOD BANK NETWORK PHOENIX, AZCHARITABLE$5,000
BOYS AND GIRLS CLUB OF CENTRAL ILLINOIS SPRINGFIELD, ILCHARITABLE$2,500
BOYS AND GIRLS CLUB DECATUR DECATUR, ILCHARITABLE$2,500
CATHOLIC CROSS OUTREACH BOCA RATON, FLCHARITABLE$5,000
CATHOLIC RELIEF SERVICES HARLAN, IACHARITABLE$5,000
CENTRAL ILLINOIS FOOD BANK SPRINGFIELD, ILCHARITABLE$5,000
CHICAGO APPLESEED CENTER FOR FAIR COURTS CHICAGO, ILCHARITABLE$100,000
CITIZEN ADVOCACY CENTER ELMHURST, ILCHARITABLE$30,000
CONVOY OF HOPE SPRINGFIELD, MOCHARITABLE$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

NameTitleHoursCompensation
KEITH JOSEPH SCHRODTDIRECTOR0.1
TERESA JANE PUSKEDRAVP/SECY/TREASUR0.1
DAVID IVAN SCHRODTDIRECTOR1

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.

Explore Open Grants

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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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