Schumacher Foundation

COLUMBUS, OH EIN: 31-6022954 Website

The William C. Schumacher Family Foundation is a family foundation established in 2018 by Kip and Carolyn Schumacher. The foundation is dedicated to building stronger communities through collaboration and community engagement, with a focus on making a difference in people's lives both locally and globally.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.5M

-16.7% YoY

Annual Giving

$811K

+56.8% YoY

Grant Count

-13.3% YoY

Avg Grant Size

$62K

+80.9% YoY

Under IRS private-foundation payout rules, Schumacher Foundation reported a distributable amount of $378K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission Statement: To build stronger communities through collaboration and community engagement.

The foundation supports charitable organizations focused on:

Healthcare enhancement
Crisis response
Education
Overall quality of life improvement

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Geographic Focus

Where this funder awards grants

The foundation has a primary focus on Louisiana, with additional support for causes across the globe.

Grant Distribution by State

Ohio $1.8M (81%)

Texas $440K (19%)

States

Ohio Texas

Cities

ColumbusPowellWaco

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,494,702	$2,996,468	$2,962,863
Revenue	$435,086	$655,892	$600,825
Expenses	$942,765	$624,149	$609,633
Qualifying Distributions	$870,793	$564,772	$526,522
Net Investment Income	$108,698	$464,704	$434,071
Distributable Amount	$378,118	$330,258	$353,191

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

68 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Columbus Zoo and Aquarium ($235,000), Baylor University Libraray ($200,000), Nationwide Children's Hospital ($200,000).

Recipient	Purpose	Amount
BAYLOR UNIVERSITY LIBRARAY WACO, TX	LIBRARY JONES FLEXIBLE LEARNING SPACE TO HELP COMPLETE NEW EVENT PRESENTAITON SPACE MOODY LIBRARY	$200,000
COLUMBUS FOUNDATION REED AVE CENTER COLUMBUS, OH	ASSIST EDUCATION PROGRAMS	$20,000
COLUMBUS MUSEUM OF ART ANNUAL FUND COLUMBUS, OH	ANNUAL FUND GIFT	$35,000
COLUMBUS ZOO AND AQUARIUM POWELL, OH	CONSERVATION EDUCATION AND ENGAGEMENT DEPARTMENT	$235,000
DISTRICT SCHOOL BOARD ONTARIO NORTH	SCHUMACHER CHRISTMAS GIFT FUND	$8,094
FIRST CONGREGATIONAL CHURCH COLUMBUS, OH	ADDITIONAL FUNDS FOR THE MARY SCHUMACHER FUND	$35,000
GREEN LAWN CEMETERY COLUMBUS, OH	PRESERVATION AND RESTORATION OF FREDERICK SCHUMACHER APPL	$10,000
JUNIOR LEAGUE OF COLUMBUS - THE KELTON HOUSE COLUMBUS, OH	EDUCATION LECTURE PROGRAMS	$10,000
NATIONWIDE CHILDREN'S HOSPITAL COLUMBUS, OH	KINDERGARTEN READINESS PROGRAM	$200,000
SCHUMACHER DAY MINOR HOCKEY ASSOCIATION	SCHUMACHER HERITAGE WALKING TOUR	$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

Founder & Leadership:

Kip Schumacher – Founder and primary leader of the foundation. He is a board-certified physician with 17 years of experience in hospital Emergency Department medicine. He is an alumnus of the University of Southwestern Louisiana (now University of Louisiana at Lafayette) and LSU School of Medicine in New Orleans. Kip founded Schumacher Group, now known as SCP Health, an emergency healthcare management company that serves 8 million patients annually across 400 hospitals. Throughout his career, he has actively contributed to healthcare policy and advocated for physicians and patients.
Carolyn Schumacher – Co-founder and partner in the foundation's work.

Family: Kip and Carolyn have seven children and seven grandchildren.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CARTER H FINNELL	TRUSTEE	4	$28,598
HUNTER FINNELL	TRUSTEE	4	$28,598
LESLEY BLANCHARD	TRUSTEE	16	$28,598

Frequently Asked Questions

What does Schumacher Foundation fund?

**Mission Statement:** To build stronger communities through collaboration and community engagement. The foundation supports charitable organizations focused on: • Healthcare enhancement • Crisis response • Education • Overall quality of life improvement

Where does Schumacher Foundation make grants?

The foundation has a primary focus on Louisiana, with additional support for causes across the globe.

What size grants does Schumacher Foundation award?

In 2024, Schumacher Foundation awarded 13 grants totaling $811K — an average of about $62K per grant, based on its IRS Form 990 filings.

How much is Schumacher Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Schumacher Foundation reported a distributable amount of $378K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.