The Schiewetz Foundation Inc logo

The Schiewetz Foundation Inc

DAYTON, OH EIN: 31-1812245 Website

The Schiewetz Foundation Inc is a private independent foundation established in 2002 and based in Moraine, Ohio (Dayton area). The foundation was created to honor the vision and legacy of Richard F. Schiewetz, founder of WinWholesale Inc., one of Ohio's largest companies. The foundation operates as a 501(c)(3) organization with tax-exempt status granted in February 2002.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$88.5M

+2.6% YoY

Annual Giving

$3.7M

-5.8% YoY

Grant Count

20

+33.3% YoY

Avg Grant Size

$186K

-29.4% YoY

Under IRS private-foundation payout rules, The Schiewetz Foundation Inc reported a distributable amount of $4.1M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's mission is to provide financial support to charitable organizations in the Miami Valley Region of Ohio that align with Richard Schiewetz's values of entrepreneurship, hard work, and community development.

The foundation's philosophy reflects Schiewetz's belief that individuals gain more value from experiencing the journey of life and personal accomplishment than from receiving handouts. He promoted the idea that "strong local business and entrepreneurs are vital to the continued prosperity of America."

Primary funding interests include:

  • Economic development and entrepreneurship
  • Higher education
  • Leadership training
  • Historical preservation
  • Performing arts
  • Youth development and scouting organizations
  • Workforce preparation and job readiness

Grantmaking

Notable recent grants include:

Grant Range

$18,000 to $1,800,000

Grant Types

Both program funding and capital projects

Invitation Only

** The foundation operates on an invitation-only basis and does not respond to unsolicited applications for funding.

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is geographically focused on the Miami Valley Region of Ohio, which includes the Dayton area.

Grant Distribution by State

4states

Cities

ArlingtonCedarvilleCincinnatiDaytonKetteringLas VegasMiamisburgNew YorkReston

Financial History

Multi-year comparison from IRS filings

Assets:

  • $88.5 million (2024)
  • $86.2 million (2023)

Annual Giving & Revenue:

  • Total giving: $3.7 million to $3.9 million annually
  • Total revenues: $13.7 million (2024)
  • Total expenses: $4.6 million (2024)
  • Investment income and dividends: $2.9 million (2024)

Staffing:

  • 3 employees (2024)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$11M$15M20202021202220232024
Metric202420232022
Total Assets$88,508,448$86,229,850$82,987,029
Revenue$13,668,737$5,545,483$5,494,799
Expenses$4,624,067$4,770,133$4,782,933
Qualifying Distributions$3,845,705$4,067,017$3,985,718
Net Investment Income$12,434,238$4,523,794$4,509,043
Distributable Amount$4,130,134$3,973,622$3,933,342

Giving Over Time

Total grant dollars and number of grants per year

$0$987K$2M$3M$4M14 grants202015 grants202117 grants202215 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DAYTON HISTORY$500KTHE CEDARVILLE UNIVERSIT…$500KDAYTON PERFORMING ARTS A…$475KBOY SCOUTS MIAMI VALLEY …$331KGOODWILL EASTER SEALS MI…$300KKETTERING DEVELOPMENT CO…$290KAIR CAMP INC$280KDAYTON LIVE$250KYOUNG AMERICAS FOUNDATION$150KCARILLON HISTORICAL PARK$100K

Grant Size Distribution

81 grants across all recorded years

18<$50K12$50–100K19$100–250K21$250–500K9$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Dayton History ($500,000), The Cedarville University Advancement ($500,000), Dayton Performing Arts Alliance ($475,000).

RecipientPurposeAmount
AIR CAMP INC DAYTON, OHGENERAL FUNDING$280,000
BOY SCOUTS MIAMI VALLEY COUNCIL DAYTON, OHGENERAL FUNDING$331,000
CARILLON HISTORICAL PARK DAYTON, OHGENERAL FUNDING$100,000
CLOTHES THAT WORK DAYTON, OHGENERAL FUNDING$25,000
DAYTON EARLY COLLEGE ACADEMY (DECA) DAYTON, OHGENERAL FUNDING$50,000
DAYTON HISTORY DAYTON, OHGENERAL FUNDING$500,000
DAYTON LIVE DAYTON, OHGENERAL FUNDING$250,000
DAYTON PERFORMING ARTS ALLIANCE DAYTON, OHGENERAL FUNDING$475,000
GOODWILL EASTER SEALS MIAMI DAYTON, OHGENERAL FUNDING$300,000
MUSE MACHINE DAYTON, OHGENERAL FUNDING$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

RICHARD W SCHWARTZ-P…PRESIDENT$65KJENNIFER L SCHMIDT-P…SECRETARY/TREASURER$65KAMY C KRESS-PAID BY …VICE PRESIDENT$65K

From 2024 filing

NameTitleHoursCompensation
RICHARD W SCHWARTZ-PAID BY EMC LLCPRESIDENT10$65,100
JENNIFER L SCHMIDT-PAID BY EMC LLCSECRETARY/TREASURER10$65,100
AMY C KRESS-PAID BY EMC LLCVICE PRESIDENT10$65,100
JANE E SCHWARTZDIRECTOR

Contact Information

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Schiewetz Foundation Inc fund?

The foundation's mission is to provide financial support to charitable organizations in the Miami Valley Region of Ohio that align with Richard Schiewetz's values of entrepreneurship, hard work, and community development. The foundation's philosophy reflects Schiewetz's belief that individuals gain more value from experiencing the journey of life and personal accomplishment than from receiving handouts. He promoted the idea that "strong local business and entrepreneurs are vital to the continue…

How do I apply for a grant from The Schiewetz Foundation Inc?

**Application Process:** The foundation operates on an invitation-only basis and does not respond to unsolicited applications for funding. **Grant Characteristics:** • Annual giving: Approximately $3.9 million to $3.7 million • Grant range: $18,000 to $1,800,000 • Median grant: $120,000 • Number of grants: Approximately 15-17 grants annually • Grant types: Both program funding and capital projects **Recent Grant Activity:** Notable recent grants include: • $1,000,000 to Cedarville University fo…

Where does The Schiewetz Foundation Inc make grants?

The foundation's grantmaking is geographically focused on the Miami Valley Region of Ohio, which includes the Dayton area.

What size grants does The Schiewetz Foundation Inc award?

In 2024, The Schiewetz Foundation Inc awarded 20 grants totaling $3.7M — an average of about $186K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Schiewetz Foundation Inc reported a distributable amount of $4.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Schiewetz Foundation Inc's EIN?

The Schiewetz Foundation Inc's EIN (Employer Identification Number) is 31-1812245. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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

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