Otto Schoitz Foundation

EIN 811949053

Waterloo, IA 50704 |(319) 232-2870

https://WWW.OTTOSCHOITZFOUNDATION.ORG
Total Given 2021–2024
$24.5M
306 grants · $6.1M avg/year
based on 4 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$20K
typical small grants · $8K–$50K
grant size
59%
supporter · 62/105 multi-year
repeat
$70.1M
Assets (2024)
105
Distinct Recipients

Application Information

Accepts Unsolicited Proposals Unknown
Contact Person MICHELE PANICUCCI
Phone (319) 232-2870
Deadlines SUBMISSION DEADLINES ARE IDENTIFIED IN THE FOUNDATION'S ONLINE GRANT MANAGEMENT SYSTEM.
How to Apply APPLICATIONS SHOULD BE SUBMITTED VIA THE FOUNDATION'S ONLINE GRANT MANAGEMENT SYSTEM IDENTIFYING THE PURPOSE AND AMOUNT REQUESTED. THE APPLICATION SHOULD BE ACCOMPANIED BY FINANCIAL STATEMENTS, PROOF OF 501(C)(3) ORGANIZATION STATUS OR VERIFICATION THAT THE ORGANIZATION WILL USE THE FUNDS EXCLUSIVELY FOR PUBLIC PURPOSES OR AS OTHERWISE DESCRIBED IN IRC SECTION 170(C)(1), AND OTHER SUPPORTING DOCUMENTS AS REQUESTED.
Restrictions ALL AWARDS MUST BE TO CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL ORGANIZATIONS WITHIN THE MEANING OF IRC SECTION 501(C)(3) OR EXCLUSIVELY FOR PUBLIC PURPOSES OR AS OTHERWISE DESCRIBED IN IRC SECTION 170(C)(1) AND FOR PROJECTS/ORGANIZATIONS WITHIN THE FOUNDATION'S 30-MILE FUNDING RADIUS..

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2021 $4.2M $68.3M $12.9M 63
2022 $7.0M $57.3M $3.6M 80
2023 $6.0M $60.7M $1.2M 89
2024 $7.2M $70.1M $5.6M 74

Grant Size Distribution

Based on 306 grants on record

Minimum
$378
25th Pctl
$8K
Median
$20K
Average
$80K
75th Pctl
$50K
Maximum
$2.5M

Geographic Distribution

Officers & Directors

Grants Awarded (306 total)

Purpose
Waterloo Development Corporation Waterloo, IA $2,500,000 CAPITAL 2024
Iowa Heartland Habitat for Humanity Waterloo, IA $1,095,000 PROGRAMMATIC SUPPORT 2022
Cedar Valley Friends of the Family Waterloo, IA $917,033 PROGRAMMATIC SUPPORT 2022
Cedar Valley Friends of the Family Waverly, IA $879,090 PROGRAMMATIC SUPPORT 2021
Friends of the Family Waterloo, IA $736,110 PROGRAMMATIC SUPPORT 2023
Iowa Heartland Habitat for Humanity Waterloo, IA $730,000 PROGRAMMATIC SUPPORT 2023
City of Waterlooleisure Services Waterloo, IA $666,667 CAPITAL 2023
Peoples Community Health Clinic Waterloo, IA $625,000 CAPITAL 2022
Christian Community Development Dba House of Hope Waterloo, IA $575,500 OPERATING AND CAPITAL SUPPORT 2024
Friends of the Family Waterloo, IA $572,923 PROGRAMMATIC SUPPORT 2024
Hawkeye Community College Foundation Waterloo, IA $500,000 CAPITAL 2021
Hawkeye Community College Foundation Waterloo, IA $500,000 CAPITAL 2022
Elevate Ccbhc Waterloo, IA $487,500 CAPITAL 2022
Cedar Valley Friends of the Family Waterloo, IA $479,005 PROGRAMMATIC SUPPORT 2022
Iowa Heartland Habitat for Humanity Waterloo, IA $425,753 PROGRAMMATIC SUPPORT 2021
Friends of the Family Waterloo, IA $380,923 PROGRAMMATIC SUPPORT 2023
Peoples Community Health Clinic Waterloo, IA $375,000 CAPITAL 2023
Peoples Community Health Clinic Waterloo, IA $375,000 CAPITAL 2022
Iowa Heartland Habitat for Humanity Waterloo, IA $365,000 PROGRAMMATIC SUPPORT 2023
Iowa Heartland Habitat for Humanity Waterloo, IA $365,000 PROGRAMMATIC SUPPORT 2024
Iowa Heartland Habitat for Humanity Waterloo, IA $365,000 PROGRAMMATIC SUPPORT 2024
City of Waterlooleisure Services Waterloo, IA $333,334 CAPITAL 2024
City of Waterlooleisure Services Waterloo, IA $333,333 CAPITAL 2023
City of Waterlooleisure Services Waterloo, IA $333,333 CAPITAL 2024
City of Waterloowaterloo Community Development Waterloo, IA $309,736 PROGRAMMATIC SUPPORT 2021