Olin B and Desta Schwab Foundation
Accepts applications
Olin B and Desta Schwab Foundation is a private foundation in Fort Wayne, Indiana. In tax year 2024 it gave $186,000 in 8 grants; the typical grant was $17,500 and the largest $50,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$186,000
- Number of grants8
- Typical grant$17,500
- Largest grant$50,000
- Assets$4.1 million
- New grantees50%
Giving in 2024 was down from $206,000 the year before.
50% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $206,000 | 6 | $3.9 million |
| 2024 | $186,000 | 8 | $4.1 million |
How to apply
| Contact | Jim Johnston 2810 Beaver Avenue, Fort Wayne, IN 46807 |
|---|---|
| Phone or email | (260) 602-7986 |
| What to submit | A.cover page (one page) (grant application downloaded from the organization's website) b.executive summary (one page) c.proposal narrative 1.organizational mission 2.organizational history/overview 3.needs statement 4.project goals/objectives 5.anticipated outcomes 6.population served 7.project description/strategies/activities 8.project timeline 9.roles, responsibilities, and experience of key personnel (including project staff, administration, and consultants, if used) 10.partnerships/collaborations 11.evaluation plan 12.dissemination plan 13.sustainability plan d.required attachments 1.IRS 501(c)(3) letter of determination 2.project budget with budget narrative 3.organizational operating budget 4.ytd financial statements 5.most recent fiscal year-end financial statements (audited, if available) 6.most recent IRS form 990 7.list of other funders 8.board list (including affiliations, contact information, and board terms) 9.letters of commitment and/or support |
| Deadlines | March 31st and august 31st of each year |
| Restrictions | The schwab foundations primary focus is organizations and programs that serve students in middle and high school in allen county and the six contiguous counties of noble, dekalb, adams, wells, huntington, and whitley. Applicant agencies must be 501(c)(3) organizations and agencies, schools or school districts. |
Foundation website IRS filings on ProPublica
Where it gives
All of its grants went to recipients in Indiana.
| State | Grants | Amount |
|---|---|---|
| Indiana | 8 | $186,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Junior Achievement of Northern in | Grant | $50,000 |
| Bloom Project Inc | Grant | $45,000 |
| Believe in A Dream | Grant | $40,000 |
| Euell Wilson Center | Grant | $20,000 |
| Building A Stronger Family | Grant | $15,000 |
| Junior Achievement of Northern in | Grant | $6,000 |
| Community Fdn of Greater Fort Wayne | Women's fund | $5,000 |
| Community Fdn of Greater Fort Wayne | Vendeverr fund | $5,000 |
Officers and trustees
- Kyle Martin
- Kelli Packnett
- Michael Earls
- Sherry Grate
- Mark Boyd
- Sue Ehinger
- Heather Herron
- M James Johnston
- Dan Michael
- Amos Norman
- Todd Roberts
- Gary Shearer
Questions people ask
Does Olin B and Desta Schwab Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: March 31st and august 31st of each year.
How much does Olin B and Desta Schwab Foundation give?
$186,000 in tax year 2024, across 8 grants, with a typical grant of $17,500.
Who runs Olin B and Desta Schwab Foundation?
Its 2024 filing lists Kyle Martin (President), Kelli Packnett (Vice Preside), Michael Earls (Treasurer) and Sherry Grate (Secretary) among 12 officers and trustees.