Marge & Charles J Schott Foundation
EIN 316063407About
DURING 2023, THE ASSETS OF THE MARGE & CHARLES J. SCHOTT FOUNDATION WERE DISTRIBUTED AS SET FORTH IN STATEMENT 10 TO TWO NEWLY CREATED FOUNDATIONS, THE EDELWEISS FOUNDATION (EIN 88-3136523) AND THE UNNEWEHR FAMILY FOUNDATION (EIN 87-4782817), IN A TRANSACTION DESCRIBED IN SECTION 507(B)(2) OF THE CODE, TREAS. REG. SECTION 1.507-3(A)(9), AND REV. RUL. 2002-28. AS DESCRIBED ABOVE, DURING 2023 THE MARGE & CHARLES J. SCHOTT FOUNDATION DISTRIBUTED ITS REMAINING ASSETS TO TWO NEW FOUNDATIONS AND SUBSEQUENTLY TERMINATED. AS DESCRIBED IN SECTION 507(B)(2) OF THE CODE AND IN TREAS. REG. SECTION 1.507-3(A)(9)(I), THE TWO RECIPIENT FOUNDATIONS ARE TREATED AS IF THEY WERE THE SUCCESSOR TO THE MARGE & CHARLES J. SCHOTT FOUNDATION FOR PURPOSES OF CHAPTER 42 OF THE CODE, INCLUDING FOR PURPOSES OF THE SECTION 4942 MINIMUM DISTRIBUTION REQUIREMENTS (IN PROPORTION TO THE RESPECTIVE AMOUNTS DISTRIBUTED TO EACH RECIPIENT FOUNDATION IN 2023). ACCORDINGLY, THE FIGURES THAT WOULD OTHERWISE BE PROVIDED IN PART XII OF THIS RETURN HAVE INSTEAD BEEN PROVIDED PROPORTIONATELY IN PART XII OF THE FORM 990-PF FOR EACH OF THE TWO RECIPIENT FOUNDATIONS DESCRIBED ABOVE.
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $4.6M | $104.5M | $6.2M | 99 |
| 2017 | $4.7M | $113.7M | $6.8M | 81 |
| 2018 | $5.2M | $101.3M | $6.2M | 101 |
| 2019 | N/A | $117.3M | $7.2M | N/A |
| 2020 | $6.6M | $125.7M | $7.6M | 106 |
| 2022 | $5.1M | $109.4M | $6.7M | 110 |
| 2023 | N/A | $0 | $168K | N/A |
Grant Size Distribution
Based on 497 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (497 total)
| Purpose | ||||
|---|---|---|---|---|
| Cincinnati Zoo | Cincinnati, OH | $1,035,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2020 |
| University of Cincinnati | Cincinnati, OH | $558,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2017 |
| Cincinnati Zoo | Cincinnati, OH | $525,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2022 |
| Cincinnati Zoo | Cincinnati, OH | $505,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2016 |
| Cincinnati Zoo | Cincinnati, OH | $503,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2018 |
| Cincinnati Zoo | Cincinnati, OH | $500,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2017 |
| St Xavier High School | Cincinnati, OH | $401,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2022 |
| Accelerate Great Schools | Cincinnati, OH | $400,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2020 |
| Maryville University | St Louis, MO | $400,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2020 |
| Our Lord Christ the King | Cincinnati, OH | $400,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2020 |
| Cincinnati State | Cincinnati, OH | $364,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2022 |
| University of Cincinnati Academic Health Center | Cincinnati, OH | $360,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2018 |
| University of Cincinnati Medical Center | Cincinnati, OH | $313,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2018 |
| Christ Hospital | Cincinnati, OH | $300,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2020 |
| Cise Foundation | Cincinnati, OH | $300,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2020 |
| Cincinnati Cancer Advisors | Cincinnati, OH | $275,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2022 |
| Xavier University | Cincinnati, OH | $250,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2018 |
| Xavier University | Cincinnati, OH | $250,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2020 |
| Minority Business Accel | Cincinnati, OH | $250,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2022 |
| Xavier University | Cincinnati, OH | $250,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2017 |
| Cincinnati Childrens Hospital | Cincinnati, OH | $205,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2016 |
| Christ the King Church | Cincinnati, OH | $200,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2018 |
| Cincinnati Childrens Hospital | Cincinnati, OH | $200,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2018 |
| Maryville University | St Louis, MO | $200,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2018 |
| Music Hall Revitalization Company | Cincinnati, OH | $200,000 | GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT | 2018 |