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The Schiewetz Foundation Inc

Foundation · Grantmaker 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.

Key facts about The Schiewetz Foundation Inc

EIN
31-1812245
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$3,718,500
Grants made (2024)
20
Average grant
$185,925
Median grant
$100,000
New grantees (estimate)
30% first-time grantees (6 of 20, 2024)
Total assets
$88,508,448
Primary geography
Ohio (96% of itemized 2024 grant dollars)
How to apply
The foundation operates on an invitation-only basis and does not respond to unsolicited applications for funding. 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.

Who The Schiewetz Foundation Inc funds

By grant dollars, the top recipient states for The Schiewetz Foundation Inc's 20 itemized 2024 grants were Ohio (96%). The most frequent recipient cities were Dayton, OH (17 grants). 100% of grants with a stated purpose were for general or operating support.

Is The Schiewetz Foundation Inc open to new grantees?

30%

first-time grantees, 2024

In 2024, 6 of 20 grantees (30%) were first-time recipients. First grants averaged $183K; repeat grants $187K. How we count

Medians: $100K first-time, $125K repeat.

  • 40% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+12%). Method
  • In 2024 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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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

Share of all 20 itemized 2024 grant dollars.

Cities

DaytonRestonArlingtonCedarvilleCincinnatiKetteringMiamisburgLas VegasNew York

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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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: $500KDayton History$500KThe Cedarville University Advancement: $500KThe Cedarville UniversityAdvancement$500KDayton Performing Arts Alliance: $475KDayton Performing ArtsAlliance$475KBoy Scouts Miami Valley Council: $331KBoy Scouts Miami ValleyCouncil$331KGoodwill Easter Seals Miami: $300KGoodwill Easter Seals Miami$300KKettering Development Corporation: $290KKettering DevelopmentCorporation$290KAir Camp Inc: $280KAir Camp Inc$280KDayton Live: $250KDayton Live$250KYoung Americas Foundation: $150KYoung Americas Foundation$150KCarillon Historical Park: $100KCarillon 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 recipients include Dayton History ($500,000), The Cedarville University Advancement ($500,000), Dayton Performing Arts Alliance ($475,000).

RecipientPurposeAmount
DAYTON HISTORY Dayton, OHGENERAL FUNDING$500,000
THE CEDARVILLE UNIVERSITY ADVANCEMENT Cedarville, OHGENERAL FUNDING$500,000
DAYTON PERFORMING ARTS ALLIANCE Dayton, OHGENERAL FUNDING$475,000
BOY SCOUTS MIAMI VALLEY COUNCIL Dayton, OHGENERAL FUNDING$331,000
GOODWILL EASTER SEALS MIAMI Dayton, OHGENERAL FUNDING$300,000
KETTERING DEVELOPMENT CORPORATION Kettering, OHGENERAL FUNDING$290,000
AIR CAMP INC Dayton, OHGENERAL FUNDING$280,000
DAYTON LIVE Dayton, OHGENERAL FUNDING$250,000
YOUNG AMERICAS FOUNDATION Reston, VAGENERAL FUNDING$150,000
CARILLON HISTORICAL PARK Dayton, OHGENERAL FUNDING$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Richard W Schwartz-Paid by Emc LLC — President: $65KRichard W Schwartz-Paid…President$65KJennifer L Schmidt-Paid by Emc LLC — Secretary/Treasurer: $65KJennifer L Schmidt-Paid…Secretary/Treasurer$65KAmy C Kress-Paid by Emc LLC — Vice President: $65KAmy C Kress-Paid by Emc…Vice President$65K

From 2024 IRS 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?

The foundation operates on an invitation-only basis and does not respond to unsolicited applications for funding. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.

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

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