Schoon Educational Scholarship Trust

MILWAUKEE, WI EIN: 32-6245454

Schoon Educational Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $807K in total assets. In 2025, it awarded 21 grants totaling $45K. Net investment income was $87K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$807K

+4.9% YoY

Annual Giving

$45K

+13.2% YoY

Grant Count

21

+50.0% YoY

Avg Grant Size

$2K

-24.5% YoY

Under IRS private-foundation payout rules, Schoon Educational Scholarship Trust reported a distributable amount of $45K for 2025 — the minimum it must pay out in qualifying distributions.

About Schoon Educational Scholarship Trust

Based on IRS filings

Schoon Educational Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $807K in total assets. In 2025, it awarded 21 grants totaling $45K. Net investment income was $87K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

AmesBloomingtonCambridgeCarbondaleChampaignChicagoDekalbDes MoinesDixonDubuqueEast PeoriaEdwardsvilleEvanstonFayettevilleFort WorthFreeporGoshenHelenaHighlandHoughton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$56K$83K$111K20212022202320242025
Metric202520242023
Total Assets$807,130$769,381$738,324
Revenue$100,937$81,951$19,328
Expenses$63,192$55,438$65,085
Qualifying Distributions$47,987$42,645$52,524
Net Investment Income$87,475$68,551$9,721
Distributable Amount$44,978$46,656$44,378

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$25K$37K$50K21 grants202121 grants202219 grants202314 grants202421 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

UNIVERSITY OF WISCONSIN …$7KUNIVERSITY OF ILLINOIS$5KILLINOIS STATE UNIVERSITY$5KHIGHLAND COMMUNITY COLLEGE$5KROCK VALLEY COLLEGE$3KDEPAUL UNIVERSITY$2KUNIVERSITY OF WISCONSIN-…$2KUNIVERSITY OF WISCONSINW…$1KPURDUE UNIVERSITY$1KIOWA STATE UNIVERSITY$1K

Grant Size Distribution

96 grants across all recorded years

96<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include University of Wisconsin Platteville ($7,000), University of Illinois ($5,378), Illinois State University ($5,000).

RecipientPurposeAmount
ROCK VALLEY COLLEGE ROCKFORD, ILSCHOLARSHIPS$3,379
UNIVERSITY OF WISCONSINWHITEWATER WHITEWATER, WISCHOLARSHIP$1,250
UNIVERSITY OF WISCONSIN PLATTEVILLE PLATTEVILLE, WISCHOLARSHIP$7,000
ILLINOIS STATE UNIVERSITY NORMAL, ILSCHOLARSHIP$5,000
SIUE EDWARDSVILLE, ILSCHOLARSHIP$1,000
PURDUE UNIVERSITY GOSHEN, INSCHOLARSHIP$1,250
IOWA STATE UNIVERSITY AMES, IASCHOLARSHIP$1,250
DEPAUL UNIVERSITY CHICAGO, ILSCHOLARSHIP$2,000
LAKE FOREST COLLEGE LAKE FOREST, ILSCHOLARSHIP$500
NORTHWESTERN UNIVERSITY EVANSTON, ILSCHOLARSHIP$1,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

US BANK N ATRUSTEE$15K

From 2025 filing

NameTitleHoursCompensation
US BANK N ATRUSTEE1$14,652

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Schoon Educational Scholarship Trust?

Schoon Educational Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. It holds $807K in total assets as of 2025.

How large is Schoon Educational Scholarship Trust?

As of 2025, Schoon Educational Scholarship Trust holds $807K in total assets with $101K in annual revenue. It awarded 21 grants totaling $45K in 2025.

Where does Schoon Educational Scholarship Trust operate?

Schoon Educational Scholarship Trust has awarded grants in Alabama, Arkansas, Iowa, Illinois, Indiana, Kansas, Massachusetts, Michigan, Montana, Nebraska, Tennessee, Texas, Wisconsin.

What size grants does Schoon Educational Scholarship Trust award?

In 2025, Schoon Educational Scholarship Trust awarded 21 grants totaling $45K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Schoon Educational Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Schoon Educational Scholarship Trust reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Schoon Educational Scholarship Trust's EIN?

Schoon Educational Scholarship Trust's EIN (Employer Identification Number) is 32-6245454. IRS Form 990 filing data is available on this page for 2021–2025.

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Related Funders

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

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