Schaeffer Foundation

Private foundation · Grantmaker Saint Charles, MO EIN: 43-1597983

Schaeffer Foundation is a private foundation, based in Saint Charles, MO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.3M in total assets. Net investment income was $44K.

Key facts about Schaeffer Foundation

EIN
43-1597983
Latest 990 filing
Form 990-PF, 2025
Total assets
$1,292,354

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.3M

+3.5% YoY

Revenue

$44K

-28.9% YoY

Net Investment Income

$44K

-24.0% YoY

Expenses

$226

-96.2% YoY

Under IRS private-foundation payout rules, Schaeffer Foundation reported a distributable amount of $60K for 2025 — the minimum it must pay out in qualifying distributions.

How Schaeffer Foundation gives

  • Giving fell 96% from 2021 to 2024. Method
  • In 2024 it paid out 8% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

St CharlesSt. LouisWentzvilleTroy

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K3 grants2020 3 grants2021 1 grant2022 2 grants2023 1 grant2024 0 grants2025

From 2020 to 2024, annual grant giving ranged from $5K (2024) to $119K (2020). In 2024 it made 1 grant totaling $5K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

7 grants across all recorded years

4<$50K$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 7 (57%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,292,354$1,248,902$1,199,123
Revenue$43,678$61,405$38,608
Expenses$226$5,978$109,364
Qualifying Distributions—$5,000$108,735
Net Investment Income$43,662$57,485$37,908
Distributable Amount$59,654$59,320$59,221

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 2, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 23, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Schaeffer Foundation is led by Susan Schaeffer, President since 2022 (on filings since 2020); none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Susan Schaeffer

    President

    Board of Managers → President & Board of Managers, 2021

    President & Board of Managers → President, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dave Hendrix

    Board of Managers

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Garry Mills

    Board of Managers

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • James M. Cochran

    Vice President

    Vice President & Board of Ma → Vice President & Board of Managers, 2021

    Vice President & Board of Managers → Vice President, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joan Schaeffer

    Board of Managers

    Secretary, Treasurer & Board → Board of Managers, 2021

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Valerie Johnson

    Secretary Treasurer

    Secretary, Treasurer & Board of Managers → Secretary Treasurer, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Walter Schaeffer (2020–2025) — Board of Managers · Filing note: Resigned 11525
  • Former: Harold Schaeffer (2020–2024) — Board of Managers · Filing note: Until 582024

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Schaeffer Foundation

How large is Schaeffer Foundation?

Schaeffer Foundation reported $1.3M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $44K.

Where does Schaeffer Foundation operate?

Schaeffer Foundation has awarded grants in Missouri.

How much is Schaeffer Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Schaeffer Foundation reported a distributable amount of $60K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Schaeffer Foundation's EIN?

Schaeffer Foundation's EIN (Employer Identification Number) is 43-1597983. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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