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Filing year 2024

EDWARD & HILDEGARDE SCHAEFER FOUNDATION

Fort Wayne, Indiana·EIN 35-6043926·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$222k
Total assets
$1.9M
Total expenses
$102k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana.

Trustee
Board Member
Median to 75th percentile
$13k
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at EDWARD & HILDEGARDE SCHAEFER FOUNDATION equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
12%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$89k

Itemized grants

20

Median grant

$4k

RecipientLocationPurposeAmount
FORT WAYNE PHILHARMONICFORT WAYNE, INOPERATIONAL SUPPORT$10k
WELLS COUNTY BOYS AND GIRLS CLUBBLUFFTON, INANNUAL GIFT$10k
COMMUNITY HARVEST FOOD BANKFORT WAYNE, INOPERATING SUPPORT$8k
BOYS & GIRLS CLUB OF FORT WAYNEFORT WAYNE, INANNUAL GIFT$6k
ACRESHUNTERTOWN, INANNUAL GIFT$5k
BIG BROTHERS BIG SISTERSFORT WAYNE, INANNUAL GIFT$5k
FORT WAYNE CHILDREN'S ZOOFORT WAYNE, INANNUAL GIFT$5k
MATTHEW 25 HEALTH CLINICFORT WAYNE, INPATIENT MEDICATIONS & SUPPLIES$5k
WELLS COUNTY FOUNDATIONBLUFFTON, INFRIENDS OF BLUFFTON SHELTER$5k
NATIONAL AQUARIUMFORT WAYNE, INOPERATIONAL SUPPORT$4k
TURNSTONEFORT WAYNE, INANNUAL GIFT$4k
HEALTHIER MOMS AND BABIESFORT WAYNE, INOPERATIONAL SUPPORT$3k
SCIENCE CENTRALFORT WAYNE, INPROGRAM SUPPORT$3k
SISTERS OF PROVIDENCEST MARY OF THE WOODS, INANNUAL GIFT$3k
BRIDGE OF GRACE MINISTRYFORT WAYNE, INSENIORS & CHILDREN PROGRAMS$3k
WELLSPRINGFORT WAYNE, INANNUAL GIFT$2k
YMCAFORT WAYNE, INANNUAL GIFT$2k
BLACK PINE ANIMAL SANCTUARYALBION, INANNUAL GIFT$2k
FORT WAYNE COMMUNITY SCHOOLS FOUNDATIONFORT WAYNE, IN"B INSTRUMENTAL" PROGRAM SUPPORT$2k
ST JOSEPH CATHOLIC CHURCHBLUFFTON, INANNUAL GIFT$2k

Up 9%
from 2023

From $12k in 2023 to $13k in 2024.

$12k
2023
$13k
2024
In today's dollarsEst.
Up 6% in real terms$13k to $14k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 9% from 2023 to 2024, while revenue rose 775%.

$12k in 2023 to $13k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about EDWARD & HILDEGARDE SCHAEFER FOUNDATION

What does the Board Member of EDWARD & HILDEGARDE SCHAEFER FOUNDATION earn?

In 2024, the Board Member of EDWARD & HILDEGARDE SCHAEFER FOUNDATION received $12,621 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at EDWARD & HILDEGARDE SCHAEFER FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2024 pay of the Board Member at EDWARD & HILDEGARDE SCHAEFER FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at EDWARD & HILDEGARDE SCHAEFER FOUNDATION equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are EDWARD & HILDEGARDE SCHAEFER FOUNDATION's revenue and expenses?

In 2024, EDWARD & HILDEGARDE SCHAEFER FOUNDATION reported $222k in total revenue and $102k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.