William and Helen Schwab Foundation Inc
The William and Helen Schwab Foundation Inc is a private foundation based in Martinsville, Indiana. It makes contributions to charitable organizations, including organizations in Indiana and recipients in other states.
William and Helen Schwab Foundation Inc at a glance
In short: William and Helen Schwab Foundation Inc gave $87K across 47 grants in 2024 (avg $2K), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $86,870
- +42.7% vs 2023
- Grants made (2024)
- 47
- +23.7% vs 2023
- Average grant
- $1,848
- +15.3% vs 2023
- Median grant
- $1,000
- Total assets
- $1,097,080
- -2.7% vs 2023
- Primary geography
- Indiana (79% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
How to apply to William and Helen Schwab Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 1635, Martinsville, IN 46151
Phone: (765) 342-5569
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who William and Helen Schwab Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
211 grants across all recorded years
The most common grant size was under $50K: 211 grants of 211 (100%).
Geographic Focus
Where this funder awards grants
In 2024, 79% of grant dollars went to recipients in Indiana. The listed recipient-state shares also included 3% for Washington, DC, and 2% each for Illinois, New York, and Maryland.
Grant Distribution by State
Share of 2024 grant dollars across all 47 itemized grants.
States
Cities
How William and Helen Schwab Foundation Inc gives
- Giving grew 33% from 2021 to 2024. Method
- In 2024 it paid out 142% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $56K (2020) to $87K (2024). In 2024 it made 47 grants totaling $87K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 47 grants to individuals Recipients not named | — | $86,870 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,097,080 | $138,007 | $170,293 | $86,870 | 47 | $86,870 | — | $61,142 |
| 2023 | $1,127,486 | $136,332 | $198,387 | $60,892 | 38 | $60,392 | $15 | $63,422 |
| 2022 | $1,168,611 | $124,794 | $137,335 | $65,523 | 52 | $65,523 | $19 | $58,834 |
| 2021 | $1,200,290 | $112,705 | $113,879 | $65,400 | 49 | $65,400 | $19 | $59,944 |
| 2020 | $1,199,539 | $213,363 | $121,460 | $55,592 | 25 | — | $10 | $57,168 |
Under IRS private-foundation payout rules, William and Helen Schwab Foundation Inc reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for a range of charitable organizations. Indiana University describes its mission as providing physician services to hospital patients and state institutions and performing related research. The World Wildlife Fund describes its mission as conserving nature and reducing the most pressing threats to the diversity of life on Earth.
Grantmaking
In 2024, the foundation reported 47 grants totaling $86,870. Grant amounts ranged from $100 to $12,722, with a median grant of $1,000. The largest grants included $12,722 to Indiana University; $5,148 to an individual recipient; and $5,000 each to Center Grove Lacrosse, two individual recipients Athletics, an individual recipient, Wellsprings, YMCA, and an individual recipient The filing lists each grant’s purpose as “contribution.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists William L Schwab as president and Janet Arthur as trustee.
William and Helen Schwab Foundation Inc is led by William L. Schwab, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
William L. Schwab
President
On filings since 2020
1 hr/week
No compensation reported
Janet Arthur
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (1)
- Former: Helen L. Schwab (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "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 William and Helen Schwab Foundation Inc
How much does William and Helen Schwab Foundation Inc give each year?
William and Helen Schwab Foundation Inc gave $87K across 47 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $61K across 38 grants.
What is William and Helen Schwab Foundation Inc's typical grant size?
William and Helen Schwab Foundation Inc's median grant in 2024 was $1,000, and its average grant was $1,848, across 47 grants on its 2024 IRS Form 990-PF.
Where does William and Helen Schwab Foundation Inc give grants?
William and Helen Schwab Foundation Inc gives mostly in Indiana: 79% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does William and Helen Schwab Foundation Inc give general operating support?
Not in 2024: none of the 47 grants with a stated purpose on William and Helen Schwab Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Contribution" (46 grants).
How large is William and Helen Schwab Foundation Inc?
William and Helen Schwab Foundation Inc reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $87K in qualifying distributions that year, against a required minimum of $61K (roughly 5% of its investment assets).
What does William and Helen Schwab Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants included support for a range of charitable organizations. Indiana University describes its mission as providing physician services to hospital patients and state institutions and performing related research. See mission & focus areas ↑
How do I apply for a grant from William and Helen Schwab Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is William and Helen Schwab Foundation Inc's EIN?
William and Helen Schwab Foundation Inc's EIN (Employer Identification Number) is 27-4235214. IRS Form 990 filing data is available on this page for 2020–2024.
Does William and Helen Schwab Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 20, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 27, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 19, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 30, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work William and Helen Schwab Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in William and Helen Schwab Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). William and Helen Schwab Foundation Inc funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/william-and-helen-schwab-foundation-inc-morg_5b72e07b591e4f93a0b0d674a9c84d1e
BibTeX
@misc{grantable_274235214_2026,
author = {{Grantable}},
title = {{William and Helen Schwab Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/william-and-helen-schwab-foundation-inc-morg_5b72e07b591e4f93a0b0d674a9c84d1e},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from William and Helen Schwab Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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