Olin B and Desta Schwab Foundation
Olin B and Desta Schwab Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WAYNE, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.4M in total assets. In 2025, it awarded 8 grants totaling $186K. Net investment income was $153K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.4M
-1.7% YoY
Annual Giving
$186K
-9.7% YoY
Grant Count
8
+33.3% YoY
Avg Grant Size
$23K
-32.3% YoY
About Olin B and Desta Schwab Foundation
Based on IRS filings
Olin B and Desta Schwab Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WAYNE, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.4M in total assets. In 2025, it awarded 8 grants totaling $186K. Net investment income was $153K.
Focus Areas
Ready to take the next step with Olin B and Desta Schwab Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,440,568 | $3,498,756 | $3,402,790 |
| Revenue | $161,179 | $336,987 | $80,192 |
| Expenses | $219,367 | $241,021 | $564,207 |
| Qualifying Distributions | $211,540 | $234,794 | $556,922 |
| Net Investment Income | $153,352 | $330,760 | $72,907 |
| Distributable Amount | $195,384 | $180,436 | $181,936 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KYLE MARTIN | PRESIDENT | 0.5 | — |
| KELLI PACKNETT | VICE PRESIDE | 0.5 | — |
| MICHAEL EARLS | TREASURER | 0.5 | — |
| SHERRY GRATE | SECRETARY | 0.5 | — |
| MARK BOYD | DIRECTOR | 0.5 | — |
| SUE EHINGER | DIRECTOR | 0.5 | — |
| HEATHER HERRON | DIRECTOR | 0.5 | — |
| M JAMES JOHNSTON | DIRECTOR | 0.5 | — |
| DAN MICHAEL | DIRECTOR | 0.5 | — |
| AMOS NORMAN | DIRECTOR | 0.5 | — |
| TODD ROBERTS | DIRECTOR | 0.5 | — |
| GARY SHEARER | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Lupke Foundation Inc Agency
FORT WAYNE, IN
Assets
$1.4M
Grants
22
Total Given
$76K
Harold Ellison Tuw for Jones Cemetery 002189
MUNCIE, IN
Assets
$442K
Grants
1
Total Given
$9K
John Carroll Club of South Bend Inc
SOUTH BEND, IN
Assets
—
Grants
1
Total Given
$220K
Buchanan-clements Foundation Inc
COLUMBUS, IN
Assets
$261K
Grants
3
Total Given
$16K
Harold Ellison Scholarship Fund 002188
MUNCIE, IN
Assets
$1.1M
Grants
1
Total Given
$62K
Alatash Foundation Inc
DYER, IN
Assets
$15K
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Olin B and Desta Schwab 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