Schott Family Foundation
Schott Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charlotte, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26.8M in total assets. In 2024, it awarded 2 grants totaling $1.1M. Net investment income was $1.1M.
Key facts about Schott Family Foundation
In short: Schott Family Foundation gave $1.1M across 2 grants in 2024 (avg $550K), mostly in New York. Source: 2024 IRS Form 990-PF.
- EIN
- 82-5132418
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,100,000
- Grants made (2024)
- 2
- Average grant
- $550,000
- Median grant
- $550,000
- Total assets
- $26,797,890
- Primary geography
- New York (91% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.8M
-2.1% YoY
Annual Giving
$1.1M
-8.3% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$550K
-8.3% YoY
Under IRS private-foundation payout rules, Schott Family Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
How Schott Family Foundation gives
- Giving fell 27% from 2021 to 2024. Method
- In 2024 it paid out 81% 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
Share of all 2 itemized 2024 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| UBS Optimus Foundation New York, NY | FOR THE BENEFIT OF UBS Optimus Foundation | $1,000,000 |
| SCHWAB CHARITABLE DONOR-ADVISED FUND Orlando, FL | FOR THE BENEFIT OF SCHWAB CHARITABLE DONOR-ADVISED FUND | $100,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,797,890 | $27,375,310 | $27,369,285 |
| Revenue | $1,182,295 | $1,188,149 | $173,433 |
| Expenses | $1,189,035 | $1,248,775 | $1,250,034 |
| Qualifying Distributions | $1,102,500 | $1,208,938 | $1,205,675 |
| Net Investment Income | $1,095,760 | $1,148,312 | $129,074 |
| Distributable Amount | $1,358,224 | $1,347,315 | $1,390,561 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Schott Family Foundation is led by Gregory G. Schott, Director & President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Gregory G. Schott
Director & President
On filings since 2020
No compensation reported
Grace Mercer Scott
Director, Secretary & Treasurer
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Schott Family Foundation
How much does Schott Family Foundation give each year?
Schott Family Foundation gave $1.1M across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.2M across 2 grants.
How large is Schott Family Foundation?
Schott Family Foundation reported $26.8M in total assets on its 2024 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets).
What is Schott Family Foundation?
Schott Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charlotte, NC. It holds $26.8M in total assets as of 2024.
Where does Schott Family Foundation operate?
Schott Family Foundation has awarded grants in California, Florida, North Carolina, Nevada, New York, Utah, Wisconsin.
What is Schott Family Foundation's EIN?
Schott Family Foundation's EIN (Employer Identification Number) is 82-5132418. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Schott Family Foundation by hand.
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