Schafer Family Foundation Inc

GOLETA, CA EIN: 20-8107179

Schafer Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLETA, CA. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $5K in total assets. In 2022, it awarded 3 grants totaling $2K. Net investment income was $1.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$5K

-22.0% YoY

Annual Giving

$2K

-62.5% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$500

-75.0% YoY

Under IRS private-foundation payout rules, Schafer Family Foundation Inc reported a distributable amount of $11 for 2022 — the minimum it must pay out in qualifying distributions.

About Schafer Family Foundation Inc

Based on IRS filings

Schafer Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLETA, CA. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $5K in total assets. In 2022, it awarded 3 grants totaling $2K. Net investment income was $1.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Santa BarbaraSolvang

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$3K$5K$6K20212022
Metric20222021
Total Assets$5,319$6,818
Revenue$1,651$1
Expenses$3,150$5,660
Qualifying Distributions$1,500
Net Investment Income$1$1
Distributable Amount$11$26

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$3K$4K2 grants20213 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2022

PEOPLE HELPING PEOPLE$500OLD SPANISH DAYS - FIESTA$500POBRES$500

Grant Size Distribution

5 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include People Helping People ($500), Old Spanish Days - Fiesta ($500), Pobres ($500).

RecipientPurposeAmount
PEOPLE HELPING PEOPLE SOLVANG, CACHARITABLE$500
OLD SPANISH DAYS - FIESTA SANTA BARBARA, CACHARITABLECHARITABLE$500
POBRES SANTA BARBARA, CACHARITABLE$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
OWEN SCHAFERDIRECTOR5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Schafer Family Foundation Inc?

Schafer Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLETA, CA. It holds $5K in total assets as of 2022.

How large is Schafer Family Foundation Inc?

As of 2022, Schafer Family Foundation Inc holds $5K in total assets with $2K in annual revenue. It awarded 3 grants totaling $2K in 2022.

Where does Schafer Family Foundation Inc operate?

Schafer Family Foundation Inc has awarded grants in California.

What size grants does Schafer Family Foundation Inc award?

In 2022, Schafer Family Foundation Inc awarded 3 grants totaling $2K — an average of about $500 per grant, based on its IRS Form 990 filings.

How much is Schafer Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Schafer Family Foundation Inc reported a distributable amount of $11 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Schafer Family Foundation Inc's EIN?

Schafer Family Foundation Inc's EIN (Employer Identification Number) is 20-8107179. IRS Form 990 filing data is available on this page for 2021–2022.

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

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