The Nelson Schwab Family Foundation
The Nelson Schwab Family Foundation is a private foundation, based in Charlotte, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $847K in total assets. In 2024, it awarded 4 grants totaling $65K. Net investment income was $112K.
The Nelson Schwab Family Foundation at a glance
In short: The Nelson Schwab Family Foundation gave $65K across 4 grants in 2024 (avg $16K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $65,228
- +16.5% vs 2023
- Grants made (2024)
- 4
- -20.0% vs 2023
- Average grant
- $16,307
- +45.6% vs 2023
- Median grant
- $17,614
- Total assets
- $847,424
- +5.5% vs 2023
- Primary geography
- North Carolina (69% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Nelson Schwab Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Foundation For The Carolinas ($25K). Together the top 4 received $65K.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 31 grants of 32 (97%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How The Nelson Schwab Family Foundation gives
- Giving fell 47% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $35K (2020) to $124K (2021). In 2024 it made 4 grants totaling $65K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Foundation For The Carolinas Charlotte, NC | General Purpose | $25,000 |
| Christ Episcopal Church Fdn Inc Charlotte, NC | General Purpose | $20,000 |
| Teton Literacy Center Jackson, WY | General Purpose | $15,228 |
| St John's Episcopal Church Jackson, WY | General Purpose | $5,000 |
Ready to take the next step with The Nelson Schwab Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $847,424 | $129,354 | $84,916 | $65,228 | 4 | $65,228 | $112,396 | $80,118 |
| 2023 | $802,986 | $323,722 | $72,554 | $56,000 | 5 | $57,900 | $87,657 | $59,507 |
| 2022 | $551,818 | $-4,211 | $77,180 | $61,000 | 5 | $62,675 | $1,625 | $55,965 |
| 2021 | $633,209 | $95,383 | $140,687 | $123,500 | 11 | $125,050 | $79,746 | $64,104 |
| 2020 | $678,513 | $121,771 | $48,272 | $35,000 | 7 | — | $110,049 | $51,957 |
Under IRS private-foundation payout rules, The Nelson Schwab Family Foundation reported a distributable amount of $80K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Nelson Schwab Family Foundation is led by Nelson Schwab III, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Nelson Schwab III
President
On filings since 2020
1 hr/week
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 The Nelson Schwab Family Foundation
How much does The Nelson Schwab Family Foundation give each year?
The Nelson Schwab Family Foundation gave $65K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $56K across 5 grants.
What is The Nelson Schwab Family Foundation's typical grant size?
The Nelson Schwab Family Foundation's median grant in 2024 was $17,614, and its average grant was $16,307, across 4 grants on its 2024 IRS Form 990-PF.
Where does The Nelson Schwab Family Foundation give grants?
The Nelson Schwab Family Foundation gives mostly in North Carolina: 69% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Wyoming (31%). The most frequent recipient cities were Charlotte, NC (2 grants) and Jackson, WY (2 grants).
Does The Nelson Schwab Family Foundation give general operating support?
Yes: 100% of The Nelson Schwab Family Foundation's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is The Nelson Schwab Family Foundation?
The Nelson Schwab Family Foundation reported $847K in total assets on its 2024 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $80K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Nelson Schwab Family Foundation's EIN?
The Nelson Schwab Family Foundation's EIN (Employer Identification Number) is 20-5868137. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Nelson Schwab Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
The Free Lunch Foundation
Jackson, WY
The Free Lunch Foundation supports qualified 501(c)(3) organizations focused on education and environmental protection, with most 2024 grant funding going to Wyoming and Virginia. Its 2024 grants ranged from $150 to $16,500, with a median of $1,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$77K
Grants
13
Total Given
$47K
The Brooks Foundation
Tenton Village, WY
The Brooks Foundation supports preselected charitable organizations across varied fields, with recent grants going to recipients in multiple states, especially California and Wyoming. Its 2024 grants ranged from $45 to $20,240, with a median of $1,000. It does not accept unsolicited funding requests.
Assets
$4.3M
Grants
75
Total Given
$124K
William B McGuire Jr Family Foundation
Charlotte, NC
The William B McGuire Jr Family Foundation supports a range of charitable programs, including health, education, arts, housing, conservation, and religious organizations. Its 2024 grants ranged from $200 to $110,100, with a median of $7,750; most funding went to North Carolina, with grants also in Florida, South Carolina, Maryland, and Georgia. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$3.9M
Grants
28
Total Given
$325K
McCrea Foundation
Placida, FL
The foundation supports a range of charitable organizations, including schools, hospitals, arts groups, and conservation organizations, with grants typically around $5,000 (2026 grants ranged from $2,000 to $80,000). Its 2026 giving was concentrated in Connecticut, Florida, Wyoming, Tennessee, and California. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$6.9M
Grants
34
Total Given
$320K
Blumenthal Foundation for Charity Religion Education & Better Inter-
Charlotte, NC
The foundation supports a range of charitable organizations in areas including religion, education, arts, conservation, community services, and journalism, with most funding going to North Carolina. In 2024, grants had a median of $5,000 and ranged from $460 to $306,500. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$19.3M
Grants
46
Total Given
$965K
More similar funders
More Funders in North Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Nelson Schwab Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Nelson Schwab Family Foundation down — hundreds of funders to go?