The Penn Schoellkopf Fund Inc
The Penn Schoellkopf Fund Inc is a private foundation focused on Education, based in BUFFALO, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $389K in total assets. In 2024, it awarded 17 grants totaling $34K. Net investment income was $49K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$389K
+4.1% YoY
Annual Giving
$34K
+0.0% YoY
Grant Count
17
+6.3% YoY
Avg Grant Size
$2K
-5.9% YoY
Under IRS private-foundation payout rules, The Penn Schoellkopf Fund Inc reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
About The Penn Schoellkopf Fund Inc
Based on IRS filings
The Penn Schoellkopf Fund Inc is a private foundation focused on Education, based in BUFFALO, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $389K in total assets. In 2024, it awarded 17 grants totaling $34K. Net investment income was $49K.
Ready to take the next step with The Penn Schoellkopf Fund Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $388,867 | $373,691 | $410,414 |
| Revenue | $61,695 | $7,973 | $-32,802 |
| Expenses | $46,792 | $44,198 | $47,149 |
| Qualifying Distributions | $34,000 | $34,000 | $36,000 |
| Net Investment Income | $49,465 | — | — |
| Distributable Amount | $35,060 | $29,938 | $31,286 |
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
77 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jacobs Institute ($7,000), Danny & Ron's Rescue ($4,000), Salvation Army ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Buffalo Therapeutic Riding Center Buffalo, NY | Unrestricted | $2,000 |
| Cradle Beach Camp Angola, NY | Unrestricted | $1,000 |
| Danny & Ron's Rescue Camden, SC | Unrestricted | $4,000 |
| Elmwood Franklin School Buffalo, NY | Unrestricted | $1,000 |
| Feedmore WNY Buffalo, NY | Unrestricted | $2,000 |
| Genesee Valley Conservatory Geneseo, NY | Unrestricted | $2,000 |
| Jacobs Institute Buffalo, NY | Unrestricted | $7,000 |
| King Urban Life Center Buffalo, NY | Unrestricted | $1,000 |
| Nichols School Buffalo, NY | Unrestricted | $1,000 |
| Planned Parenthood Buffalo, NY | Unrestricted | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Susan B Schoellkopf | Director | 0.1 | — |
| Jane S Banta | Director | 0.1 | — |
| Ann S Jewett | Director | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Penn Schoellkopf Fund Inc?
The Penn Schoellkopf Fund Inc is a private foundation focused on Education, based in BUFFALO, NY. It holds $389K in total assets as of 2024.
How large is The Penn Schoellkopf Fund Inc?
As of 2024, The Penn Schoellkopf Fund Inc holds $389K in total assets with $62K in annual revenue. It awarded 17 grants totaling $34K in 2024.
Where does The Penn Schoellkopf Fund Inc operate?
The Penn Schoellkopf Fund Inc has awarded grants in North Carolina, New York, Ohio, Pennsylvania, South Carolina.
What size grants does The Penn Schoellkopf Fund Inc award?
In 2024, The Penn Schoellkopf Fund Inc awarded 17 grants totaling $34K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Penn Schoellkopf Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Penn Schoellkopf Fund Inc reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Penn Schoellkopf Fund Inc's EIN?
The Penn Schoellkopf Fund Inc's EIN (Employer Identification Number) is 16-6071354. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Penn Schoellkopf Fund Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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