Schaffner Masonic Scholarship Foundation

SPARTA, IL EIN: 81-2847018

Schaffner Masonic Scholarship Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPARTA, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $458K in total assets. In 2024, it awarded 19 grants totaling $19K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$458K

+1.8% YoY

Annual Giving

$19K

-5.0% YoY

Grant Count

19

-5.0% YoY

Avg Grant Size

$1K

+0.0% YoY

About Schaffner Masonic Scholarship Foundation

Based on IRS filings

Schaffner Masonic Scholarship Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPARTA, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $458K in total assets. In 2024, it awarded 19 grants totaling $19K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AlbiaBellevilleChesterColumbiaCouldtervilleCoultervilleEllis GroveEvansvillePr DurocherRed BudRockwoodRumaSpartaSteelevilleTildenWalshWaterlloWaterloo

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8K$16K$25K$33K20202021202220232024
Metric202420232022
Total Assets$458,171$450,032$467,080
Revenue$29,935$11,986$22,170
Expenses$21,796$22,020$23,080
Qualifying Distributions$21,786$22,020$23,080
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$11K$17K$22K23 grants202020 grants202120 grants202220 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Claire Diewald$1KMason Ethington$1KSavanna Guebert$1KJack Hamilton$1KAbigail Heinen$1KGarret Hopkins$1KKorbin Janey$1KMadison Kribs$1KJack Loesing$1KLiberty McCosmick$1K

Grant Size Distribution

102 grants across all recorded years

102<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Claire Diewald ($1,000), Mason Ethington ($1,000), Savanna Guebert ($1,000).

RecipientPurposeAmount
Claire Diewald Red Bud, ILEducational Scholarships$1,000
Mason Ethington Sparta, ILEducational Scholarships$1,000
Savanna Guebert Chester, ILEducational Scholarships$1,000
Jack Hamilton Sparta, ILEducational Scholarships$1,000
Abigail Heinen Evansville, ILEducational Scholarships$1,000
Garret Hopkins Chester, ILEducational Scholarships$1,000
Korbin Janey Chester, ILEducational Scholarships$1,000
Madison Kribs Chester, ILEducational Scholarships$1,000
Jack Loesing Sparta, ILEducational Scholarships$1,000
Liberty McCosmick Chester, ILEducational Scholarships$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Brandan JordanPresident1
Kenneth SlavensTreasurer1
Herb SchaffnerVice President1
Lance OsborneTrustee1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Schaffner Masonic Scholarship Foundation?

Schaffner Masonic Scholarship Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPARTA, IL. It holds $458K in total assets as of 2024.

How large is Schaffner Masonic Scholarship Foundation?

As of 2024, Schaffner Masonic Scholarship Foundation holds $458K in total assets with $30K in annual revenue. It awarded 19 grants totaling $19K in 2024.

Where does Schaffner Masonic Scholarship Foundation operate?

Schaffner Masonic Scholarship Foundation has awarded grants in Iowa, Illinois, South Carolina.

What size grants does Schaffner Masonic Scholarship Foundation award?

In 2024, Schaffner Masonic Scholarship Foundation awarded 19 grants totaling $19K — an average of about $1K per grant, based on its IRS Form 990 filings.

What is Schaffner Masonic Scholarship Foundation's EIN?

Schaffner Masonic Scholarship Foundation's EIN (Employer Identification Number) is 81-2847018. 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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