The Patricia Schaefer Foundation Tr

Foundation · Grantmaker Fort Wayne, IN EIN: 88-6221748
N/A

The Patricia Schaefer Foundation TR is a private foundation based in Fort Wayne, Indiana. In 2024, it made grants to organizations including a university foundation for a performing arts center, a radio station for transmitter replacement, and organizations providing operating support and grantmaking.

Key facts about The Patricia Schaefer Foundation Tr

In short: The Patricia Schaefer Foundation Tr gave $2.9M across 34 grants in 2024 (avg $86K), mostly in Indiana. 34% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
88-6221748
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,915,000
Grants made (2024)
34
Average grant
$85,735
Median grant
$50,000
New grantees (estimate)
34% first-time grantees (10 of 29, 2024)
Total assets
$90,752,669
Primary geography
Indiana (94% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$90.8M

+6.0% YoY

Annual Giving

$2.9M

+18.4% YoY

Grant Count

34

-12.8% YoY

Avg Grant Size

$86K

+35.8% YoY

Under IRS private-foundation payout rules, The Patricia Schaefer Foundation Tr reported a distributable amount of $4.8M for 2024 — the minimum it must pay out in qualifying distributions.

Is The Patricia Schaefer Foundation Tr open to new grantees?

34%

first-time grantees, 2024

In 2024, 10 of 29 grantees (34%) were first-time recipients. First grants averaged $67K; repeat grants $118K. How we count

Medians: $50K first-time, $50K repeat.

  • 66% of 2024 grantees were also funded in 2023. Method
  • In 2024 it paid out 61% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No foundation mission statement is provided. Its 2024 grants show support for a range of charitable organizations. For example, Animal Rescue Fund describes its mission as promoting love for animals through education, medical care, prevention, and placement. Second Helpings says it addresses hunger and builds self-sufficiency through food rescue, hunger relief, and culinary job training. Wheeler Mission Ministries describes itself as a Christian social-services organization serving people experiencing homelessness and others in need.

Other 2024 grantees include The Villages of Indiana, which says it supports families and communities to build brighter futures for children and youth; Hillcroft Services, which provides services and supports for people with disabilities and their families; and The Indianapolis Foundation, which seeks to mobilize people, ideas, and investments for equitable opportunity.

Grantmaking

In 2024, the foundation reported 34 grants totaling $2,915,000. Grant sizes ranged from $5,000 to $1,000,000, with a median of $50,000.

Grant Range

s ranged from $5,000 to $1,000,000, with a median of $50,000.

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Geographic Focus

Where this funder awards grants

In 2024, Indiana recipients received 94% of grant dollars; California and Colorado recipients received 3% each.

Grant Distribution by State

8states

Share of all 34 itemized 2024 grant dollars.

Cities

MuncieIndianapolisBloomingtonBaltimoreCarmelChicagoCulver CityDenverEvanstonYorktownZionsvilleBereaBroomfieldFerdinandMount RainierNew YorkWilliamsburg

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M25 grants202239 grants202334 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Ball State University Fnd: $1.0MBall State University Fnd$1.0MAnimal Rescue Fund: $150K across 2 grantsAnimal Rescue Fund$150K · 2 grantsCommunity Foundation of Muncie: $150K across 2 grantsCommunity Foundation of Muncie$150K · 2 grantsIndiana Public Radio: $150KIndiana Public Radio$150KKidsave: $100KKidsave$100KMuncie Civic Theater: $100KMuncie Civic Theater$100KSecond Helpings Inc: $100KSecond Helpings Inc$100KThe Indianapolis Foundation: $100K across 2 grantsThe Indianapolis Foundation$100K · 2 grantsThe Villages of Indiana: $100KThe Villages of Indiana$100KWheeler Mission Ministries: $100KWheeler Mission Ministries$100K

Grant Size Distribution

98 grants across all recorded years

50<$50K30$50–100K14$100–250K3$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
BALL STATE UNIVERSITY FND Muncie, INPERFORMING ARTS CENTER$1,000,000
INDIANA PUBLIC RADIO Muncie, INRADIO TRANSMITTER REPLACEMENT$150,000
ANIMAL RESCUE FUND Muncie, INBUILDING EXPENSES$125,000
COMMUNITY FOUNDATION OF MUNCIE Muncie, INGRANTMAKING$100,000
KIDSAVE Culver City, CAOPERATING SUPPORT$100,000
MUNCIE CIVIC THEATER Muncie, INOPERATING SUPPORT$100,000
SECOND HELPINGS INC Indianapolis, INOPERATING SUPPORT$100,000
THE VILLAGES OF INDIANA Indianapolis, INOPERATING SUPPORT$100,000
WHEELER MISSION MINISTRIES Indianapolis, INOPERATING SUPPORT$100,000
THE INDIANAPOLIS FOUNDATION Indianapolis, INGRANTMAKING$90,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $90,752,669 $9,438,081 $4,289,241 $2,915,000
2023 $85,603,829 $27,275,749 $4,357,292 $2,463,000
2022 $61,511,495 $61,940,286 $428,791 $224,750
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20M$40M$60M$80M202220232024
Metric202420232022
Total Assets$90,752,669$85,603,829$61,511,495
Revenue$9,438,081$27,275,749$61,940,286
Expenses$4,289,241$4,357,292$428,791
Qualifying Distributions$2,915,000$2,463,000$224,750
Net Investment Income$8,981,359$26,646,231$61,736,245
Distributable Amount$4,789,450$3,708,865$290,552

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Michael Flood, Louise Marsh, and Patricia Schaefer as trustees.

The Patricia Schaefer Foundation Tr's 2024 filing lists 3 officers; 2 of 3 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Louise Marsh

    Trustee

    On filings since 2022

    8 hrs/week

    $51K (2022) → $277K (2024)

  • Michael Flood

    Trustee

    On filings since 2022

    8 hrs/week

    $51K (2022) → $277K (2024)

  • Patricia Schaefer

    Trustee

    On filings since 2022

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Louise Marsh — Trustee: $277KLouise MarshTrustee$277KMichael Flood — Trustee: $277KMichael FloodTrustee$277K

Contact

Mailing address: C/O Michael Flood 6418 Lima Road, Fort Wayne, IN 46818
Phone: (260) 436-0859

Frequently asked questions about The Patricia Schaefer Foundation Tr

How much does The Patricia Schaefer Foundation Tr give each year?

The Patricia Schaefer Foundation Tr gave $2.9M across 34 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.5M across 39 grants.

What is The Patricia Schaefer Foundation Tr's typical grant size?

The Patricia Schaefer Foundation Tr's median grant in 2024 was $50,000, and its average grant was $85,735, across 34 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Patricia Schaefer Foundation Tr that year got $67K on average.

Where does The Patricia Schaefer Foundation Tr give grants?

The Patricia Schaefer Foundation Tr gives mostly in Indiana: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Muncie, IN (14 grants), Indianapolis, IN (12 grants) and Bloomington, IN (3 grants).

Does The Patricia Schaefer Foundation Tr give general operating support?

Yes: 71% of The Patricia Schaefer Foundation Tr's 2024 grants with a stated purpose (24 of 34) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Patricia Schaefer Foundation Tr's largest grantees?

The Patricia Schaefer Foundation Tr's largest 2024 grantees include Ball State University Fnd ($1,000,000), Animal Rescue Fund ($150,000 across 2 grants) and Community Foundation of Muncie ($150,000 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 45% of its itemized 2024 grant dollars.

How large is The Patricia Schaefer Foundation Tr?

The Patricia Schaefer Foundation Tr reported $90.8M in total assets on its 2024 IRS Form 990-PF. It paid out $2.9M in qualifying distributions that year, against a required minimum of $4.8M (roughly 5% of its investment assets).

What does The Patricia Schaefer Foundation Tr fund?

No foundation mission statement is provided. Its 2024 grants show support for a range of charitable organizations. For example, Animal Rescue Fund describes its mission as promoting love for animals through education, medical care, prevention, and placement. Second Helpings says it addresses hunger and builds self-sufficiency through food rescue, hunger relief, and culinary job training. Wheeler Mission Ministries describes itself as a Christian social-services organization serving people exper…

How do I apply for a grant from The Patricia Schaefer Foundation Tr?

The foundation does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Patricia Schaefer Foundation Tr's EIN?

The Patricia Schaefer Foundation Tr's EIN (Employer Identification Number) is 88-6221748. IRS Form 990 filing data is available on this page for 2022–2024.

Does The Patricia Schaefer Foundation Tr accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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