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Filing year 2024

SCHOTT FOUNDATION

Chanhassen, Minnesota·EIN 41-1392014·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$613k
Total assets
$6.5M
Total expenses
$383k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. SCHOTT FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

President
Treasurer
Secretary
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SCHOTT FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
2%
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

$333k

Itemized grants

7

Median grant

$50k

RecipientLocationPurposeAmount
Minnesota Independent School ForumSaint Paul, MNOperating Support$100k
BOY SCOUTS OF AMERICA NORTHERN STARMinneapolis, MNOperating Support$57k
Twin Cities Public TV - KTCASaint Paul, MNOperating Support$55k
Nature ConservancyMinneapolis, MNOperating Support$50k
The WorksEdina, MNOperating Support$45k
Best PrepBrooklyn Park, MNOperating Support$20k
Minnesota Professional EngineersSaint Paul, MNOperating Support$6k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

SCHOTT FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$115k
$445k
2023
$613k
$383k
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 Minnesota

SCHOTT FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota

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FAQ

Common questions about SCHOTT FOUNDATION

What are SCHOTT FOUNDATION's revenue and expenses?

In 2024, SCHOTT FOUNDATION reported $613k in total revenue and $383k 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.