Schumacher Foundation

Foundation · Grantmaker 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.

Key facts about Schumacher Foundation

EIN: 31-6022954
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $810,594
Grants made (2024): 13
Average grant: $62,353
Median grant: $20,000
New grantees (estimate): 8% first-time grantees (1 of 13, 2024)
Total assets: $2,494,702
Primary geography: Ohio (70% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Schumacher Foundation funds

By grant dollars, the top recipient states for Schumacher Foundation's 13 itemized 2024 grants were Ohio (70%) and Texas (25%). The most frequent recipient cities were Columbus, OH (7 grants). 15% of grants with a stated purpose were for general or operating support.

Is Schumacher Foundation open to new grantees?

first-time grantees, 2024

In 2024, 1 of 13 grantees (8%) were first-time recipients. First grants averaged $8K; repeat grants $67K. How we count

Medians: $8K first-time, $23K repeat.

92% of 2024 grantees were also funded in 2023. Method
Giving grew 154% from 2021 to 2024. Method
In 2024 it paid out 230% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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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 $570K (70%)

Texas $200K (25%)

All other $41K (5%)

Share of all 13 itemized 2024 grant dollars.

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

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2019–2024

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 recipients include Columbus Zoo and Aquarium ($235,000), Baylor University Libraray ($200,000), Nationwide Children's Hospital ($200,000).

Recipient	Purpose	Amount
COLUMBUS ZOO AND AQUARIUM POWELL, OH	CONSERVATION EDUCATION AND ENGAGEMENT DEPARTMENT	$235,000
BAYLOR UNIVERSITY LIBRARAY WACO, TX	LIBRARY JONES FLEXIBLE LEARNING SPACE TO HELP COMPLETE NEW EVENT PRESENTAITON SPACE MOODY LIBRARY	$200,000
NATIONWIDE CHILDREN'S HOSPITAL COLUMBUS, OH	KINDERGARTEN READINESS PROGRAM	$200,000
COLUMBUS MUSEUM OF ART ANNUAL FUND COLUMBUS, OH	ANNUAL FUND GIFT	$35,000
FIRST CONGREGATIONAL CHURCH COLUMBUS, OH	ADDITIONAL FUNDS FOR THE MARY SCHUMACHER FUND	$35,000
SCHUMACHER GALLERY AT CAPITAL UNIVERSITY COLUMBUS, OH	GALLERY UNRESTRICTED GIFT	$25,000
COLUMBUS FOUNDATION REED AVE CENTER COLUMBUS, OH	ASSIST EDUCATION PROGRAMS	$20,000
SENATOR THOMSEN HAUS BURG AUF FEHMARN	SENATOR HOMSEN HAUS BURG	$20,000
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

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

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.