Schaeffer Foundation is a private foundation focused on Arts, Culture & Humanities, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $161K in total assets. In 2024, it awarded 5 grants totaling $19K. Net investment income was $116.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$161K
-10.5% YoY
Annual Giving
$19K
+164.3% YoY
Grant Count
5
+400.0% YoY
Avg Grant Size
$4K
-47.1% YoY
Under IRS private-foundation payout rules, Schaeffer Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About Schaeffer Foundation
Based on IRS filings
Schaeffer Foundation is a private foundation focused on Arts, Culture & Humanities, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $161K in total assets. In 2024, it awarded 5 grants totaling $19K. Net investment income was $116.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $161,000 | $179,911 | $192,683 |
| Revenue | $116 | $328 | $329 |
| Expenses | $19,027 | $13,100 | $23,735 |
| Qualifying Distributions | $19,027 | — | — |
| Net Investment Income | $116 | $328 | $329 |
| Distributable Amount | $8,393 | — | — |
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
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Birmingham Jewish Federation ($12,360), Bsbi Synagogue ($2,800), College of Charleston Foundation ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BIRMINGHAM JEWISH FEDERATION BIRMINGHAM, AL | GENERAL SUPPORT | $12,360 |
| BSBI SYNAGOGUE CHARLESTON, SC | GENERAL SUPPORT | $2,800 |
| COLLEGE OF CHARLESTON FOUNDATION CHARLESTON, SC | GENERAL SUPPORT | $2,000 |
| TEMPLE BETH-EL FOUNDATION BIRMINGHAM, AL | GENERAL SUPPORT | $1,667 |
| SISTERHOOD OF TEMPLE BETH-EL BIRMINGHAM, AL | GENERAL SUPPORT | $200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR JACK L SCHAEFFER | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Schaeffer Foundation?
Schaeffer Foundation is a private foundation focused on Arts, Culture & Humanities, based in BIRMINGHAM, AL. It holds $161K in total assets as of 2024.
How large is Schaeffer Foundation?
As of 2024, Schaeffer Foundation holds $161K in total assets with $116 in annual revenue. It awarded 5 grants totaling $19K in 2024.
Where does Schaeffer Foundation operate?
Schaeffer Foundation has awarded grants in Alabama, District of Columbia, South Carolina.
What size grants does Schaeffer Foundation award?
In 2024, Schaeffer Foundation awarded 5 grants totaling $19K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Schaeffer Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Schaeffer Foundation reported a distributable amount of $8K 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 63-1141295. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Schaeffer Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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