Schaap a Paul and Carol C Fd is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 5 grants totaling $636K. Net investment income was $113K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-25.5% YoY
Annual Giving
$636K
-16.3% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$127K
+0.4% YoY
Under IRS private-foundation payout rules, Schaap a Paul and Carol C Fd reported a distributable amount of $95K for 2024 — the minimum it must pay out in qualifying distributions.
About Schaap a Paul and Carol C Fd
Based on IRS filings
Schaap a Paul and Carol C Fd is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 5 grants totaling $636K. Net investment income was $113K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,444,140 | $1,937,967 | $2,495,020 |
| Revenue | $167,095 | $151,143 | $76,039 |
| Expenses | $663,582 | $823,287 | $903,423 |
| Qualifying Distributions | $641,850 | $773,681 | $884,202 |
| Net Investment Income | $112,943 | $116,986 | $55,105 |
| Distributable Amount | $94,733 | $118,177 | $160,503 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University Liggett School ($274,613), Foundation for Detroit's Future ($250,000), Regina High School ($54,240).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY LIGGETT SCHOOL GROSSE POINTE WOODS, MI | SCHOLARSHIPS | $274,613 |
| U OF D JESUIT HIGH SCHOOL DETROIT, MI | SCHOLARSHIPS | $33,600 |
| DE LA SALLE COLLEGIATE WARREN, MI | SCHOLARSHIPS | $23,400 |
| REGINA HIGH SCHOOL WARREN, MI | SCHOLARSHIPS | $54,240 |
| FOUNDATION FOR DETROIT'S FUTURE DETROIT, MI | SUPPORT FOR DAILY | $250,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| COMERICA BANK | TRUSTEE/INV MGR | 10 | $22,749 |
| A PAUL SCHAAP | PRESIDENT | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Schaap a Paul and Carol C Fd?
Schaap a Paul and Carol C Fd is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. It holds $1.4M in total assets as of 2024.
How large is Schaap a Paul and Carol C Fd?
As of 2024, Schaap a Paul and Carol C Fd holds $1.4M in total assets with $167K in annual revenue. It awarded 5 grants totaling $636K in 2024.
Where does Schaap a Paul and Carol C Fd operate?
Schaap a Paul and Carol C Fd has awarded grants in Michigan.
What size grants does Schaap a Paul and Carol C Fd award?
In 2024, Schaap a Paul and Carol C Fd awarded 5 grants totaling $636K — an average of about $127K per grant, based on its IRS Form 990 filings.
How much is Schaap a Paul and Carol C Fd required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Schaap a Paul and Carol C Fd reported a distributable amount of $95K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Schaap a Paul and Carol C Fd's EIN?
Schaap a Paul and Carol C Fd's EIN (Employer Identification Number) is 20-7097647. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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