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Foundations / North Carolina

Schott Family Foundation

Preselected recipients only Charlotte, North Carolina · EIN 825132418

Schott Family Foundation is a private foundation in Charlotte, North Carolina. In tax year 2024 it gave $1.1 million in 2 grants; the typical grant was $550,000 and the largest $1.0 million. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was down from $1.2 million 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 yearGrants paidNumber of grantsAssets
2023$1.2 million2$27.9 million
2024$1.1 million2$27.5 million

How to apply

Schott Family Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.

IRS filings on ProPublica

Where it gives

Its grants went to recipients in 2 states, the most to New York.

StateGrantsAmount
New York1$1.0 million
Florida1$100,000

Grants paid in 2024

All 2 grants
RecipientPurposeAmount
UBS Optimus Foundation
New York, NY
FOR THE BENEFIT OF UBS Optimus Foundation$1.0 million
Schwab Charitable Donor-Advised Fund
Orlando, FL
For the benefit of schwab charitable donor-advised fund$100,000

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does Schott Family Foundation accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does Schott Family Foundation give?

$1.1 million in tax year 2024, across 2 grants, with a typical grant of $550,000.

Who runs Schott Family Foundation?

Its 2024 filing lists Gregory G Schott (Director, President) and Grace Mercer Scott (Director, Secretary, Treasurer).

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