William and Helen Schwab Foundation Inc

Private foundation · Grantmaker Martinsville, IN EIN: 27-4235214

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

211<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

25states

Share of 2024 grant dollars across all 47 itemized grants.

Cities

AshlandAtlantaAvonBaltimoreBloomingtonBooneBoys TownBrooklynCarmelChicagoCoconut CreekDenverFairfieldFerdinandGarden ValleyGreenwoodHales CornersHendersonHillsdaleIndianapolis

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

$0$25K$50K$75K$100K25 grants2020 49 grants2021 52 grants2022 38 grants2023 47 grants2024

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

RecipientPurposeAmount
47 grants to individuals Recipients not named —$86,870
Your AI grants department

Ready to take the next step with William and Helen Schwab Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$1,097,080$138,007$170,293$86,87047$86,870—$61,142
2023$1,127,486$136,332$198,387$60,89238$60,392$15$63,422
2022$1,168,611$124,794$137,335$65,52352$65,523$19$58,834
2021$1,200,290$112,705$113,879$65,40049$65,400$19$59,944
2020$1,199,539$213,363$121,460$55,59225—$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

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS October 20, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 27, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 6, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 19, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS October 30, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in William and Helen Schwab Foundation Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Indiana

Duke Energy Foundation

Charlotte, NC

The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.

Assets

$1.9M

Grants

41

Total Given

$25.6M

Synchrony Foundation

Stamford, CT

In 2024, Synchrony Foundation supported charitable organizations across workforce development, education, financial assistance, and giving, with grants ranging from $150 to $2.6 million and a median of $10,000. Its largest shares of grant funding went to Connecticut, New York, and South Carolina, followed by the District of Columbia and New Jersey; it does not accept unsolicited requests and funds preselected organizations only.

Philanthropy, Voluntarism & Grantmaking

Assets

$72.3M

Grants

394

Total Given

$20.5M

The Donald and Barbara Zucker

New York, NY

Assets

$17.1M

Grants

217

Total Given

$9.6M

Lilly Endowment Inc

Indianapolis, IN

Lilly Endowment funds community development, education and youth, and religion, with priority given to Indianapolis and Indiana and some national support, especially for religion. Its 2025 grants had a median of $100,000, though awards varied widely; for community development requests, it suggests starting with a brief preliminary letter.

Assets

$105.9B

Grants

2,285

Total Given

$3.9B

National Collegiate Athletic Association

Indianapolis, IN

The NCAA funds college sports, including member conferences and schools, championships, student-athlete programs, coaching and athletics administration, and academic initiatives. Its 2025 grants ranged from $5,000 to $61.9 million, with a median of $16,228; recipients were across the United States, with the largest reported shares in Texas, North Carolina, Illinois, and Alabama. The profile does not state whether the NCAA accepts unsolicited requests.

Assets

$1.1B

Grants

591

Total Given

$627.8M

Central Indiana Community Foundation Inc

Indianapolis, IN

Through its funds and collaborative entities, CICF supports a broad range of charitable work, including equity, food access, childcare, arts, nature, and youth programs, primarily in Central Indiana. Its 2024 grants had a median award of $25,000; some funds offer competitive applications, while others are invitation-only, and CICF itself does not directly award grants.

Philanthropy, Voluntarism & Grantmaking

Assets

$583.5M

Grants

525

Total Given

$31.1M

More similar funders

More Funders in Indiana

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.

William and Helen Schwab Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?