The Schemel Family Foundation Inc

MANALAPAN, FL EIN: 20-8007821

The Schemel Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MANALAPAN, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $108K in total assets. In 2024, it awarded 4 grants totaling $801K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$108K

-0.9% YoY

Annual Giving

$801K

+57.1% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$200K

-21.5% YoY

Under IRS private-foundation payout rules, The Schemel Family Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About The Schemel Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $3.3M (83%)

Illinois $650K (16%)

Colorado $41K (1%)

States

Colorado Florida Illinois

Cities

Boynton BeachChicagoChiicagoFort LauderdaleFt LauderdaleLake WorthTelluride

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$108,329	$109,332	$19,328
Revenue	$801,519	$602,599	$72
Expenses	$802,522	$511,345	$871,325
Qualifying Distributions	$801,750	$511,195	$871,195
Net Investment Income	—	—	—
Distributable Amount	$5,360	$5,095	$31,098

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

23 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Nova Southeastern University ($500,000), Leo Catholic High School ($200,000), Kids ($100,000).

Recipient	Purpose	Amount
NOVA SOUTHEASTERN UNIVERSITY FT LAUDERDALE, FL	ENDOWMENT-RESEARCH	$500,000
TELLURIDE MEDICAL CARE TELLURIDE, CO	UNRESTRICTED	$1,000
LEO CATHOLIC HIGH SCHOOL Chicago, IL	UNRESTRICTED	$200,000
KIDS Fort Lauderdale, FL	UNRESTRICTED	$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROBERT G SCHEMEL	Director	1	—
ELIZABETH A SCHEMEL	Director	1	—
GREGORY S SCHEMEL	Director	1	—
MERIDITH TENNANT	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Schemel Family Foundation Inc?

The Schemel Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MANALAPAN, FL. It holds $108K in total assets as of 2024.

How large is The Schemel Family Foundation Inc?

As of 2024, The Schemel Family Foundation Inc holds $108K in total assets with $802K in annual revenue. It awarded 4 grants totaling $801K in 2024.

Where does The Schemel Family Foundation Inc operate?

The Schemel Family Foundation Inc has awarded grants in Colorado, Florida, Illinois.

What size grants does The Schemel Family Foundation Inc award?

In 2024, The Schemel Family Foundation Inc awarded 4 grants totaling $801K — an average of about $200K per grant, based on its IRS Form 990 filings.

How much is The Schemel Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Schemel Family Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Schemel Family Foundation Inc's EIN?

The Schemel Family Foundation Inc's EIN (Employer Identification Number) is 20-8007821. IRS Form 990 filing data is available on this page for 2020–2024.