The Otto Schoitz Foundation is an independent 501(c)(3) nonprofit foundation based in Waterloo, Iowa. Established in 2016, the foundation was endowed following the ownership transfer of Charlotte Lee Schoitz Memorial Hospital, which had been supported by Otto Schoitz's pacesetting donation in 1951. The foundation operates as a grantmaking organization dedicated to community philanthropy in the Cedar Valley region.
Key facts about Otto Schoitz Foundation
- EIN
- 81-1949053
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $3,726,109
- Grants made (2025)
- 53
- Average grant
- $70,304
- Median grant
- $25,000
- New grantees (estimate)
- 19% first-time grantees (10 of 53, 2025)
- Primary geography
- Iowa (99% of itemized 2025 grant dollars)
- How to apply
- The foundation accepts grant applications with a submission deadline of February 21 (based on available information). Full details ↓
Data from IRS Form 990-PF, 2025; updated September 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.
Who Otto Schoitz Foundation funds
By grant dollars, the top recipient states for Otto Schoitz Foundation's 53 itemized 2025 grants were Iowa (99%). The most frequent recipient cities were Waterloo, IA (42 grants) and Cedar Falls, IA (6 grants). 60% of grants with a stated purpose were for general or operating support. Recurring purposes include "Programmatic Support" (16 grants) and "Capital" (3 grants).
Is Otto Schoitz Foundation open to new grantees?
19%
first-time grantees, 2025
In 2025, 10 of 53 grantees (19%) were first-time recipients. First grants averaged $61K; repeat grants $72K. How we count
Medians: $11K first-time, $26K repeat.
- 70% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+2%). Method
Estimate from itemized IRS Form 990-PF grant lists (2019–2025). 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 Otto Schoitz Foundation
- How to evaluate Otto Schoitz Foundation as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$3.7M
+8.2% YoY
Grant Count
53
-3.6% YoY
Avg Grant Size
$70K
+12.3% YoY
Mission & Focus Areas
The foundation's mission is to improve the health and wellbeing of the community and its individual members in the greater Cedar Valley Region through funding grants.
Primary funding focus areas include:
- Health and community wellbeing
- Housing and community development
- Family services and domestic violence support
- Human services
- Education and youth development
- Community and civic engagement
Grantmaking
Grant Range
s:** Grants range from $3,500 to $150,000, with typical awards between $100,000 and $800,000.
Review Cycle
of February 21 (based on available information).
How to Apply
** The foundation accepts grant applications with a submission deadline of February 21 (based on available information).
Ready to take the next step with Otto Schoitz Foundation?
Geographic Focus
Where this funder awards grants
The foundation funds organizations within the greater Cedar Valley Region, defined as the geographical area within 30 miles from the center of Waterloo, Iowa.
Grant Distribution by State
Share of all 53 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $70.1 million to $74.4 million
- Total Revenue: $5.59 million
- Total Expenses: $5.29 million
- Total Liabilities: $3.81 million
- Total Giving: $3.7 million
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2019–2025
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 2025
Grant Size Distribution
257 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Northeast Iowa Food Bank ($800,000), Waterloo Development Corporation ($500,000), Iowa Heartland Habitat for Humanity ($365,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NORTHEAST IOWA FOOD BANK Waterloo, IA | OPERATING AND CAPITAL SUPPORT | $800,000 |
| WATERLOO DEVELOPMENT CORPORATION Waterloo, IA | CAPITAL | $500,000 |
| IOWA HEARTLAND HABITAT FOR HUMANITY Waterloo, IA | PROGRAMMATIC SUPPORT | $365,000 |
| CITY OF WATERLOOLEISURE SERVICES Waterloo, IA | CAPITAL | $333,334 |
| CHRISTIAN COMMUNITY DEVELOPMENT DBA HOUSE OF HOPE Waterloo, IA | OPERATING AND CAPITAL SUPPORT | $325,000 |
| CEDAR FALLS SCHOOLS FOUNDATION Cedar Falls, IA | CAPITAL | $150,000 |
| SUCCESSLINK Waterloo, IA | OPERATING SUPPORT | $90,000 |
| BOYS & GIRLS CLUBS OF THE CEDAR VALLEY Waterloo, IA | OPERATING SUPPORT | $75,000 |
| CEDAR VALLEY FRIENDS OF THE FAMILY Waterloo, IA | OPERATING SUPPORT | $75,000 |
| GRIN AND GROW LTD DBA GROWING MINDS EARLY LEARNING CENTER Waterloo, IA | OPERATING SUPPORT | $63,750 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Dennis Clark - Chairman
- Camille Hogan - Vice Chair
- Mike Mallaro - Treasurer
- Michele Panicucci - Principal Officer
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Catherine Showalter | Executive Director | 40 | $120,000 |
| Christine Kemp | Chair | 5 | — |
| Rhonda McRina | Vice Chair | 5 | — |
| Blake Hollis | Immediate Past Chair | 5 | — |
| Eric Locke | Treasurer | 5 | — |
| Andrew Miehe | Secretary | 5 | — |
| Robert Greenwood | Director | 1 | — |
| Renee Christoffer | Director | 1 | — |
| James Corye Johnson | Director | 1 | — |
| Karin Rowe | Director | 1 | — |
| Mike Mallaro | Director | 1 | — |
| Meagan Miller | Director | 1 | — |
Contact Information
- Address: 114 E 4th St Ste 300, Waterloo, IA 50703-4771
- Phone: 319-232-2870
- Email: info@ottoschoitzfoundation.org
- Website: www.ottoschoitzfoundation.org
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Otto Schoitz Foundation fund?
The foundation's mission is to improve the health and wellbeing of the community and its individual members in the greater Cedar Valley Region through funding grants. Primary funding focus areas include: • Health and community wellbeing • Housing and community development • Family services and domestic violence support • Human services • Education and youth development • Community and civic engagement
How do I apply for a grant from Otto Schoitz Foundation?
The foundation accepts grant applications with a submission deadline of February 21 (based on available information). Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Otto Schoitz Foundation make grants?
The foundation funds organizations within the greater Cedar Valley Region, defined as the geographical area within 30 miles from the center of Waterloo, Iowa.
What size grants does Otto Schoitz Foundation award?
In 2025, Otto Schoitz Foundation awarded 53 grants totaling $3.7M — an average of about $70K per grant, based on its IRS Form 990 filings.
What is Otto Schoitz Foundation's EIN?
Otto Schoitz Foundation's EIN (Employer Identification Number) is 81-1949053. IRS Form 990 filing data is available on this page for 2019–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.