William and Helen Schwab Foundation Inc
William and Helen Schwab Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARTINSVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 47 grants totaling $87K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-2.7% YoY
Annual Giving
$87K
+42.7% YoY
Grant Count
47
+23.7% YoY
Avg Grant Size
$2K
+15.3% YoY
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.
About William and Helen Schwab Foundation Inc
Based on IRS filings
William and Helen Schwab Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARTINSVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 47 grants totaling $87K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,097,080 | $1,127,486 | $1,168,611 |
| Revenue | $138,007 | $136,332 | $124,794 |
| Expenses | $170,293 | $198,387 | $137,335 |
| Qualifying Distributions | $86,870 | $60,392 | $65,523 |
| Net Investment Income | — | $15 | $19 |
| Distributable Amount | $61,142 | $63,422 | $58,834 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
209 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Indiana University ($12,722), St Martins ($5,148), Center Grove Lacrosse ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CANCER Indianapolis, IN | CONTRIBUTION | $1,000 |
| ALZHEIMERS ASSOCIATION Chicago, IL | CONTRIBUTION | $1,000 |
| CENTER GROVE LACROSSE Greenwood, IN | CONTRIBUTION | $5,000 |
| DESERT ROSE Martinsville, IN | CONTRIBUTION | $5,000 |
| MARTINSVILLE NOON LIONS Martinsville, IN | CONTRIBUTION | $100 |
| PARKINSONS FOUNDATION Staten Island, NY | CONTRIBUTION | $1,000 |
| MHS CHEER Martinsville, IN | CONTRIBUTION | $500 |
| NATIONAL SHRINE OF ST JUDE Chicago, IL | CONTRIBUTION | $1,000 |
| INDIAN CREEK ATHLETICS Trafalgar, IN | CONTRIBUTION | $5,000 |
| PROJECT K9 HERO Whitwell, TN | CONTRIBUTION | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM L SCHWAB | PRESIDENT | 1 | — |
| JANET ARTHUR | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is William and Helen Schwab Foundation Inc?
William and Helen Schwab Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARTINSVILLE, IN. It holds $1.1M in total assets as of 2024.
How large is William and Helen Schwab Foundation Inc?
As of 2024, William and Helen Schwab Foundation Inc holds $1.1M in total assets with $138K in annual revenue. It awarded 47 grants totaling $87K in 2024.
Where does William and Helen Schwab Foundation Inc operate?
William and Helen Schwab Foundation Inc has awarded grants in California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Iowa, Illinois, Indiana, Kansas, Kentucky, Maryland, Michigan, Mississippi, Montana, Nebraska, New Jersey, Nevada, New York, Oklahoma, Pennsylvania, Tennessee, Texas, Virginia, Wisconsin.
What size grants does William and Helen Schwab Foundation Inc award?
In 2024, William and Helen Schwab Foundation Inc awarded 47 grants totaling $87K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is William and Helen Schwab Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, William and Helen Schwab Foundation Inc reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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