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Schowalter Foundation Inc

Foundation · Grantmaker North Newton, KS EIN: 48-0623544 Website

HELP FURTHER THE PROGRAMS/MISSION OF EVERENCE FOUNDATION PRIMARILY IN SUPPORT OF CHURCHES, AGENCIES, COLLEGES, AND OTHER CHARITIES ASSOCIATED WITH THE MENNONITE CHURCH

Key facts about Schowalter Foundation Inc

EIN
48-0623544
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,175,000
Grants made (2024)
1
Average grant
$1,175,000
Median grant
$1,175,000
Total assets
$10,444,579
Primary geography
Indiana (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

How Schowalter Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+0%). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.4M

+0.1% YoY

Annual Giving

$1.2M

-19.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.2M

-19.8% YoY

About Schowalter Foundation Inc

Based on IRS filings

Schowalter Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in North Newton, KS. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $10.4M in total assets. In 2024, it awarded 1 grant totaling $1.2M. Net investment income was $822K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

Goshen

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$556K$1M$2M$2M2021202220232024
Metric202420232022
Total Assets$10,444,579$10,437,057$10,243,811
Revenue$1,473,423$1,171,610$1,400,825
Expenses$1,334,669$1,645,658$426,324
Qualifying Distributions———
Net Investment Income$821,979$443,521$369,839
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$367K$733K$1M$1M1 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Everence Foundation: $1.2MEverence Foundation$1.2M

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Everence Foundation ($1,175,000).

RecipientPurposeAmount
EVERENCE FOUNDATION Goshen, INSUPPORTING ORGANIZATION$1,175,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Diane Yoder — President: $61KDiane YoderPresident$61KArlan Yoder — Asst. Treasurer: $25KArlan YoderAsst. Treasurer$25K

From 2024 IRS filing

NameTitleHoursCompensation
Heber RamerBoard Chair2—
Anthony SwartzendruberBoard Treasurer2—
Hannah HeinzekehrBoard Secretary2—
William Hartman IIIBoard Member1—
Delbert BeckerBoard Vice Chair1—
Jeff SelzerBoard Member1—
Dave WarrenBoard Member1—
Corwin SmithBoard Member1—
Diane YoderPresident24$60,961
Arlan YoderAsst. Treasurer12$24,685

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Schowalter Foundation Inc?

Schowalter Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in North Newton, KS. It holds $10.4M in total assets as of 2024.

How large is Schowalter Foundation Inc?

As of 2024, Schowalter Foundation Inc holds $10.4M in total assets with $1.5M in annual revenue. It awarded 1 grant totaling $1.2M in 2024.

Where does Schowalter Foundation Inc operate?

Schowalter Foundation Inc has awarded grants in Indiana.

What size grants does Schowalter Foundation Inc award?

In 2024, Schowalter Foundation Inc awarded 1 grant totaling $1.2M — an average of about $1.2M per grant, based on its IRS Form 990 filings.

What is Schowalter Foundation Inc's EIN?

Schowalter Foundation Inc's EIN (Employer Identification Number) is 48-0623544. IRS Form 990 filing data is available on this page for 2021–2024.

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

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