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Filing year 2024

SCHEB FOUNDATION

Ada, Michigan·EIN 87-0987503·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$424k
Total assets
$8.3M
Total expenses
$500k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. SCHEB FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

Chair/president
Treasurer
Secretary
Vice-chair

Grants paid

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

Total granted

$420k

Itemized grants

23

Median grant

$5k

RecipientLocationPurposeAmount
FAITH EVANGELICAL FREE CHURCHWOODRUFF, WIGENERAL SUPPORT$80k
FORT WILDNERNESSMCNAUGHTON, WIGENERAL SUPPORT$74k
ALPHA GRAND RAPIDSGRAND RAPIDS, MIGENERAL SUPPORT$45k
CALVIN UNIVERSITYGRAND RAPIDS, MIGENERAL SUPPORT$35k
CALVARY CHURCHGRAND RAPIDS, MIGENERAL SUPPORT$30k
HOPE COLLEGEHOLLAND, MIGENERAL SUPPORT$30k
HOUSE OF PRAYER BAPTIST CHURCHGREEN BAY, WIGENERAL SUPPORT$25k
WEDGWOOD CHRISTIAN SERVICESGRAND RAPIDS, MIGENERAL SUPPORT$20k
THE LADDER COMMUNITY CENTERSHELBY, MIGENERAL SUPPORT$15k
FAITH CHRISTIAN CHURCH CAMPUS MINISTRYTUCSON, AZGENERAL SUPPORT$6k
ADAPTIVE SKI ASSOCIATION OF WEST MIADA, MIGENERAL SUPPORT$5k
ALS ASSOCIATION OF WEST MISOUTHFIELD, MIGENERAL SUPPORT$5k
BETHEL UNIVERSITYST PAUL WI, WIGENERAL SUPPORT$5k
CHERRY HEALTH FOUNDATIONGRAND RAPIDS, MIGENERAL SUPPORT$5k
GENEVA CAMP & RETREAT CENTERHOLLAND, MIGENERAL SUPPORT$5k
HOWARD YOUNG FOUNDATION INCMINOCQUA, WIGENERAL SUPPORT$5k
KELLY BRUSH FOUNDATIONBURLINGTON, VTGENERAL SUPPORT$5k
MARY FREE BED FOUNDATIONGRAND RAPIDS, MIGENERAL SUPPORT$5k
NEW DAWN PREGNANCY RESOURCE CENTERWOODRUFF, WIGENERAL SUPPORT$5k
SAMARITANS PURSEBOONE, NCGENERAL SUPPORT$5k
THE SALT NETWORKAMES, IAGENERAL SUPPORT$5k
GRAND RAPIDS CHRISTIAN HIGH SCHOOLGRAND RAPIDS, MIGENERAL SUPPORT$3k
PAWS WITH A CAUSEWAYLAND, MIGENERAL SUPPORT$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

SCHEB FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$243k
$565k
2023
$424k
$500k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

SCHEB FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Michigan earns a median of $25,000.

25th percentile
$7k
Median
$25,000
75th percentile
$65k
90th percentile
$147k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 732 organizations across 732 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Michigan
FAQ

Common questions about SCHEB FOUNDATION

What are SCHEB FOUNDATION's revenue and expenses?

In 2024, SCHEB FOUNDATION reported $424k in total revenue and $500k 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.