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Filing year 2024

THE PATRICIA SCHAEFER FOUNDATION TR

Fort Wayne, Indiana·EIN 88-6221748·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$9.4M
Total assets
$90.8M
Total expenses
$4.3M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · 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
Above 90th percentile
$277k
$298k
Trustee
Board Member
Above 90th percentile
$277k
$298k

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 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE PATRICIA SCHAEFER FOUNDATION TR equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
6%
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

$2.9M

Itemized grants

34

Median grant

$50k

RecipientLocationPurposeAmount
BALL STATE UNIVERSITY FNDMUNCIE, INPERFORMING ARTS CENTER$1M
INDIANA PUBLIC RADIO BALL STATE UNIVERSITYMUNCIE, INRADIO TRANSMITTER REPLACEMENT$150k
ANIMAL RESCUE FUNDMUNCIE, INBUILDING EXPENSES$125k
COMMUNITY FOUNDATION OF MUNCIEMUNCIE, INGRANTMAKING$100k
KIDSAVECULVER CITY, CAOPERATING SUPPORT$100k
MUNCIE CIVIC THEATERMUNCIE, INOPERATING SUPPORT$100k
SECOND HELPINGS INCINDIANAPOLIS, INOPERATING SUPPORT$100k
THE VILLAGES OF INDIANAINDIANAPOLIS, INOPERATING SUPPORT$100k
WHEELER MISSION MINISTRIESINDIANAPOLIS, INOPERATING SUPPORT$100k
THE INDIANAPOLIS FOUNDATIONINDIANAPOLIS, INGRANTMAKING$90k
91 PLACEINDIANAPOLIS, INOPERATING SUPPORT$50k
CHILDREN'S ORGAN TRANSPLANT ASSOCBLOOMINGTON, INOPERATING SUPPORT$50k
COMMUNITY FOUNDATION OF MUNCIEMUNCIE, INSHARED SERVICES SPACE$50k
DUMB FRIENDS LEAGUEDENVER, COOPERATING SUPPORT$50k
EXODUS REFUGEEINDIANAPOLIS, INOPERATING SUPPORT$50k
GIVE A NOTE FOUNDATIONCARMEL, INOPERATING SUPPORT$50k
GREATER INDIANAPOLIS LITERACY LEAGUEINDIANAPOLIS, INOPERATING SUPPORT$50k
HEART OF INDIANA UNITED WAYMUNCIE, INOPERATING SUPPORT$50k
HILLCROFT SERVICESMUNCIE, INOPERATING SUPPORT$50k
INDIANA YOUTH GROUPINDIANAPOLIS, INOPERATING SUPPORT$50k
JOY'S HOUSEINDIANAPOLIS, INOPERATING SUPPORT$50k
ORCHESTRA INDIANAMUNCIE, INOPERATING SUPPORT$50k
PEOPLE AND ANIMAL LEARNING SERVICESBLOOMINGTON, INOPERATING SUPPORT$50k
REFUGEE ALLIANCE OF DELAWARE COUNTYMUNCIE, INOPERATING SUPPORT$50k
YMCAMUNCIE, INCAPITAL SUPPORT$50k
Compare this foundation's grantees

Up 4%
from 2023

From $266k in 2023 to $277k in 2024.

$266k
2023
$277k
2024
In today's dollarsEst.
Up 1% in real terms$294k to $298k

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 4% from 2023 to 2024, while revenue fell 65%.

$266k in 2023 to $277k 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 ($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.

FAQ

Common questions about THE PATRICIA SCHAEFER FOUNDATION TR

What does the Board Member of THE PATRICIA SCHAEFER FOUNDATION TR earn?

In 2024, the Board Member of THE PATRICIA SCHAEFER FOUNDATION TR received $277,240 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at THE PATRICIA SCHAEFER FOUNDATION TR compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2024 pay of the Board Member at THE PATRICIA SCHAEFER FOUNDATION TR falls in the top 10%. In 2024, the highest total compensation at THE PATRICIA SCHAEFER FOUNDATION TR equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE PATRICIA SCHAEFER FOUNDATION TR's revenue and expenses?

In 2024, THE PATRICIA SCHAEFER FOUNDATION TR reported $9.4M in total revenue and $4.3M 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.