Virgil & Virginia Schenck

Private foundation · Grantmaker Cocoa, FL EIN: 59-3411693

Virgil & Virginia Schenck is a private foundation, based in Cocoa, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 13 grants totaling $153K. Net investment income was $231K.

Key facts about Virgil & Virginia Schenck

In short: Virgil & Virginia Schenck gave $153K across 13 grants in 2024 (avg $12K), mostly in Florida. 42% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
59-3411693
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$153,241
Grants made (2024)
13
Average grant
$11,788
Median grant
$5,000
New grantees (estimate)
42% first-time grantees (5 of 12, 2024)
Total assets
$2,946,700
Primary geography
Florida (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.9M

+0.2% YoY

Annual Giving

$153K

+15.5% YoY

Grant Count

13

+18.2% YoY

Avg Grant Size

$12K

-2.2% YoY

Under IRS private-foundation payout rules, Virgil & Virginia Schenck reported a distributable amount of $190K for 2024 — the minimum it must pay out in qualifying distributions.

Is Virgil & Virginia Schenck open to new grantees?

42%

first-time grantees, 2024

In 2024, 5 of 12 grantees (42%) were first-time recipients. First grants averaged $8K; repeat grants $16K. How we count

Medians: $4K first-time, $11K repeat.

  • 58% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+15%). Method
  • In 2024 it paid out 81% 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 (2021–2024). 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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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 13 itemized 2024 grant dollars.

States

Cities

CocoaOrlandoJacksonvilleTallahasseeGainesvilleSe Palm BayTampaWinter HavenBoca RatonTallahasseBabson ParkCasselberryKissimmeeLake MaryLake WorthMelbourneMiamiOveidoTalahassee

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K10 grants202112 grants202211 grants202313 grants2024

From 2021 to 2024, annual grant giving ranged from $133K (2023) to $169K (2022). In 2024 it made 13 grants totaling $153K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Florida a & M University: $40K across 2 grantsFlorida a & M University$40K · 2 grantsEastern Florida State College: $34KEastern Florida State College$34KUniversity of Central Florida: $25KUniversity of Central Florida$25KUniversity of South Florida: $16KUniversity of South Florida$16KUniversity of North Florida: $11KUniversity of North Florida$11KValencia College: $5KValencia College$5KPalm Beach State College: $5KPalm Beach State College$5KOur Lady of Grace: $5KOur Lady of Grace$5KUniversity of Florida: $4KUniversity of Florida$4KWebber International University: $4KWebber InternationalUniversity$4K

The largest 2024 recipient was Florida a & M University ($40K across 2 grants). Together the top 10 received $149K.

Grant Size Distribution

46 grants across all recorded years

45<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 45 grants of 46 (98%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Florida a & M University Tallahassee, FLScholarships$40,000
Eastern Florida State College Cocoa, FLScholarships$33,821
University of Central Florida Cocoa, FLScholarships$24,500
University of South Florida Tampa, FLScholarships$16,000
University of North Florida Jacksonville, FLScholarships$11,000
Valencia College Orlando, FLScholarships$5,000
Palm Beach State College Lake Worth, FLScholarships$5,000
Our Lady of Grace Se Palm Bay, FLDirect Donation$5,000
University of Florida Gainesville, FLScholarships$4,000
Webber International University Babson Park, FLScholarships$4,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2021202220232024
Metric202420232022
Total Assets$2,946,700$2,941,160$3,031,577
Revenue$269,355$109,569$237,288
Expenses$263,815$199,986$237,410
Qualifying Distributions$153,241$132,620$168,500
Net Investment Income$230,703$86,262$202,760
Distributable Amount$189,607$171,665$152,578

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Virgil & Virginia Schenck's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jay G. M. Schenck

    Director

    On filings since 2021

    No compensation reported

  • John L. T. Schenck

    Director

    On filings since 2021

    No compensation reported

  • L. Virgil Schenck IV

    Director

    On filings since 2021

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Virgil & Virginia Schenck

How much does Virgil & Virginia Schenck give each year?

Virgil & Virginia Schenck gave $153K across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $133K across 11 grants.

What is Virgil & Virginia Schenck's typical grant size?

Virgil & Virginia Schenck's median grant in 2024 was $5,000, and its average grant was $11,788, across 13 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Virgil & Virginia Schenck that year got $8K on average.

Where does Virgil & Virginia Schenck give grants?

Virgil & Virginia Schenck gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cocoa, FL (2 grants).

Does Virgil & Virginia Schenck give general operating support?

Not in 2024: none of the 13 grants with a stated purpose on Virgil & Virginia Schenck's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (11 grants).

Who are Virgil & Virginia Schenck's largest grantees?

Virgil & Virginia Schenck's largest 2024 grantees include Florida a & M University ($40,420 across 2 grants), Eastern Florida State College ($33,821) and University of Central Florida ($24,500), according to its 2024 IRS Form 990-PF. Together they received 64% of its itemized 2024 grant dollars.

How large is Virgil & Virginia Schenck?

Virgil & Virginia Schenck reported $2.9M in total assets on its 2024 IRS Form 990-PF. It paid out $153K in qualifying distributions that year, against a required minimum of $190K (roughly 5% of its investment assets).

What is Virgil & Virginia Schenck's EIN?

Virgil & Virginia Schenck's EIN (Employer Identification Number) is 59-3411693. IRS Form 990 filing data is available on this page for 2021–2024.

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

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