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Filing year 2023

OTTO SCHOITZ FOUNDATION

Waterloo, Iowa·EIN 81-1949053·NTEE E19 · Health Care·501(c)(3)
Total revenue
$5.6M
Total assets
$70.1M
Total expenses
$5.3M
Reported officers
14

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Iowa.

Executive Director (thru September 24)
Median to 75th percentile
$151k
$167k

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 13 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at OTTO SCHOITZ FOUNDATION equaled 3% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
3%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$3.4M

Itemized grants

55

Median grant

$25k

RecipientLocationPurposeAmount
CHRISTIAN COMMUNITY DEVELOPMENT DBA HOUSE OF HOPEWATERLOO, IAOPERATING AND CAPITAL SUPPORT$576k
FRIENDS OF THE FAMILYWATERLOO, IAPROGRAMMATIC SUPPORT$573k
IOWA HEARTLAND HABITAT FOR HUMANITYWATERLOO, IAPROGRAMMATIC SUPPORT$365k
CITY OF WATERLOOLEISURE SERVICESWATERLOO, IACAPITAL$333k
PEOPLES COMMUNITY HEALTH CLINICWATERLOO, IACAPITAL$250k
AMERICANS FOR INDEPENDENT LIVINGWATERLOO, IACAPITAL$75k
BOYS & GIRLS CLUBS OF THE CEDAR VALLEYWATERLOO, IAOPERATING SUPPORT$75k
GRIN AND GROW LTDWATERLOO, IAOPERATING SUPPORT$75k
SUCCESSLINKWATERLOO, IAOPERATING SUPPORT$75k
YWCA OF BLACK HAWK COUNTYWATERLOO, IAOPERATING SUPPORT$75k
JESSE COSBY CENTERWATERLOO, IACAPACITY BUILDING AND OPERATING SUPPORT$72k
WATERLOO HOUSING TRUST FUNDWATERLOO, IAPROGRAMMATIC SUPPORT$57k
AMANI COMMUNITY SERVICESWATERLOO, IAPROGRAMMATIC AND CAPITAL SUPPORT$50k
NORTHEAST IOWA FOOD BANKWATERLOO, IAOPERATING SUPPORT$50k
THE SALVATION ARMY OF CEDAR FALLSWATERLOOWATERLOO, IAOPERATING SUPPORT$50k
IOWA LEGAL AIDWATERLOO, IAOPERATING SUPPORT$48k
ONE CEDAR VALLEYWATERLOO, IAPROGRAMMATIC SUPPORT$45k
CENTER OF ATTENTIONWATERLOO, IAOPERATING SUPPORT$44k
ROYAL LEGACY CHRISTIAN ACADEMYWATERLOO, IAOPERATING SUPPORT$43k
VISION TO LEARNWATERLOO, IAOPERATING SUPPORT$40k
I BELIEVE LEADERSHIP & SPORTS ACADEMYWATERLOO, IAOPERATING SUPPORT$38k
TRY PIEWATERLOO, IAOPERATING SUPPORT$31k
YOUTH ART TEAMWATERLOO, IAOPERATING SUPPORT$30k
247 BLACK LEADERSHIP ADVANCEMENT CONSORTIUM FKA RENEW WATERLOOWATERLOO, IAPROGRAMMATIC AND OPERATING SUPPORT$26k
1619 FREEDOM SCHOOLWATERLOO, IAOPERATING SUPPORT$25k
Compare this foundation's grantees

Up 4%
from 2022

From $146k in 2022 to $151k in 2023.

$146k
2022
$151k
2023
In today's dollarsEst.
Roughly flat in real terms$167k to $167k

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

Chief Executive Officer pay rose 4% from 2022 to 2023, while revenue rose 377%.

$146k in 2022 to $151k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 ($50M - $150M), 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.

1
OTTUMWA REGIONAL LEGACY FOUNDATION INC2023
$225k
2
OTTO SCHOITZ FOUNDATION2023
$151k
See full Executive Director compensation rankings across Health Care
FAQ

Common questions about OTTO SCHOITZ FOUNDATION

What does the Chief Executive Officer of OTTO SCHOITZ FOUNDATION earn?

In 2023, the Chief Executive Officer of OTTO SCHOITZ FOUNDATION received $151,167 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Health Care organizations in Iowa, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at OTTO SCHOITZ FOUNDATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in Iowa, the 2023 pay of the Chief Executive Officer at OTTO SCHOITZ FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at OTTO SCHOITZ FOUNDATION equaled 3% of the organization's total expenses. The median for health care organizations is 4%.

What are OTTO SCHOITZ FOUNDATION's revenue and expenses?

In 2023, OTTO SCHOITZ FOUNDATION reported $5.6M in total revenue and $5.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.