The Karen and Paul Schaefer Foundation
The Karen and Paul Schaefer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVELERS REST, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $143K in total assets. In 2024, it awarded 67 grants totaling $36K. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$143K
-17.3% YoY
Annual Giving
$36K
+7.1% YoY
Grant Count
67
-2.9% YoY
Avg Grant Size
$538.955
+10.3% YoY
Under IRS private-foundation payout rules, The Karen and Paul Schaefer Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About The Karen and Paul Schaefer Foundation
Based on IRS filings
The Karen and Paul Schaefer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVELERS REST, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $143K in total assets. In 2024, it awarded 67 grants totaling $36K. Net investment income was $8K.
Focus Areas
Ready to take the next step with The Karen and Paul Schaefer Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $143,009 | $172,955 | $178,871 |
| Revenue | $9,146 | $30,054 | $60,207 |
| Expenses | $39,092 | $36,170 | $40,422 |
| Qualifying Distributions | $36,110 | $33,705 | $38,545 |
| Net Investment Income | $7,771 | $15,579 | $12,965 |
| Distributable Amount | $8,158 | $8,642 | $9,199 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Buncombe St Um Church ($9,000), Greenville Symphony ($3,000), Greenville Choral ($2,650).
| Recipient | Purpose | Amount |
|---|---|---|
| ALBION COLLEGE ALBION, MI | CHARITABLE | $100 |
| ALICE LLOYD COLLEGE PIPPA PASS, KY | CHARITABLE | $400 |
| ALS CLEVELAND, OH | CHARITABLE | $100 |
| ALZHEIMERS ASSOCIATION ANDERSON, SC | CHARITABLE | $100 |
| AMERICAN BATTLEFIELD WASHINGTON, DC | CHARITABLE | $200 |
| AMERICAN CANCER SOCIETY GREENVILLE, SC | CHARITABLE | $50 |
| AMERICAN KIDNEY FUND ROCKVILLE, MD | CHARITABLE | $100 |
| AMERICAN HEART ASSOCIATION GREENVILLE, SC | CHARITABLE | $100 |
| BBB WISEGIVING ARLINGTON, VA | CHARITABLE | $100 |
| BOY'S TOWN BOYS TOWN, NE | CHARITABLE | $200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL L SCHAEFER | PRES/TREAS. | 1 | — |
| KAREN A SCHAEFER | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Karen and Paul Schaefer Foundation?
The Karen and Paul Schaefer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVELERS REST, SC. It holds $143K in total assets as of 2024.
How large is The Karen and Paul Schaefer Foundation?
As of 2024, The Karen and Paul Schaefer Foundation holds $143K in total assets with $9K in annual revenue. It awarded 67 grants totaling $36K in 2024.
Where does The Karen and Paul Schaefer Foundation operate?
The Karen and Paul Schaefer Foundation has awarded grants in Alaska, Arkansas, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Missouri, Mississippi, North Carolina, Nebraska, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington.
What size grants does The Karen and Paul Schaefer Foundation award?
In 2024, The Karen and Paul Schaefer Foundation awarded 67 grants totaling $36K — an average of about $538.955 per grant, based on its IRS Form 990 filings.
How much is The Karen and Paul Schaefer Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Karen and Paul Schaefer Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Karen and Paul Schaefer Foundation's EIN?
The Karen and Paul Schaefer Foundation's EIN (Employer Identification Number) is 34-1879639. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Karen and Paul Schaefer Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Friends of Callawassie Island Inc
OKATIE, SC
Assets
$566K
Grants
5
Total Given
$38K
Cw and Dorothy G Love Foundation
MCCOLL, SC
Assets
$70.3M
Grants
57
Total Given
$2.3M
Lenhardt Foundation
CHARLESTON, SC
Assets
$616K
Grants
5
Total Given
$67K
One Two a Few Dance
LANDRUM, SC
Assets
—
Grants
0
Total Given
—
Mcfadden Foundation Inc
CHARLESTON, SC
Assets
$2K
Grants
1
Total Given
$436
World Wide Harvest Ministriesinc
GREENVILLE, SC
Assets
$3K
Grants
5
Total Given
$7K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Karen and Paul Schaefer Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Karen and Paul Schaefer Foundation to a real strategy.