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Filing year 2023

VIRGIL & VIRGINIA SCHENCK FOUNDATION INC

Cocoa, Florida·EIN 59-3411693·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$110k
Total assets
$2.9M
Total expenses
$200k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2023. VIRGIL & VIRGINIA SCHENCK FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

Director
Director
Director

Grants paid

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

Total granted

$133k

Itemized grants

11

Median grant

$5k

RecipientLocationPurposeAmount
EASTERN FLORIDA STATE COLLEGECOCOA, FLSCHOLARSHIPS$44k
FLORIDA A&M UNIVERSITYTALLAHASSEE, FLSCHOLARSHIPS$28k
UNIVERSITY OF CENTRAL FLCOCOA, FLSCHOLARSHIPS$18k
UNIVERSITY OF SOUTH FLORIDATAMPA, FLSCHOLARSHIPS$12k
FLORIDA STATE UNIVERSITYTALLAHASSE, FLSCHOLARSHIPS$7k
OUR LADY OF GRACESE PALM BAY, FLDIRECT DONATION$5k
UNIVERSITY OF NORTH FLORIDAJACKSONVILLE, FLSCHOLARSHIPS$5k
UNIVERSITY OF FLORIDAGAINESVILLE, FLSCHOLARSHIPS$4k
VALENCIA COLLEGEORLANDO, FLSCHOLARSHIPS$4k
POLK STATE COLLEGEWINTER HAVEN, FLSCHOLARSHIPS$3k
JOHNSON UNIVERSITYKISSIMMEE, FLSCHOLARSHIPS$3k
Financial trend

Revenue and expenses over time

VIRGIL & VIRGINIA SCHENCK FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$237k
$237k
2022
$110k
$200k
2023
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 Florida

VIRGIL & VIRGINIA SCHENCK FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Florida earns a median of $18,656.

25th percentile
$8k
Median
$18,656
75th percentile
$60k
90th percentile
$150k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,989 organizations across 1,989 filings (2021 – 2024).

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

Common questions about VIRGIL & VIRGINIA SCHENCK FOUNDATION INC

What are VIRGIL & VIRGINIA SCHENCK FOUNDATION INC's revenue and expenses?

In 2023, VIRGIL & VIRGINIA SCHENCK FOUNDATION INC reported $110k in total revenue and $200k 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.

VIRGIL & VIRGINIA SCHENCK FOUNDATION INC | Cocoa, FL | Pay | Lucido