Private Foundation · IA
Otto Schoitz Foundation
Waterloo, IA · EIN 811949053 · Website ↗ · 990s on ProPublica ↗
Assets
$70.1M
Total Giving
$9.4M
Grants on File
149
Average Grant
$63K
Giving Radius
Where Otto Schoitz Foundation Has Given
Section I
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.
On Unsolicited Proposals yes
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.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Waterloo, IA | $73K | 2021 |
| Cedar Falls, IA | $35K | 2021 |
| Waterloo, IA | $93K | 2021 |
| Waterloo, IA | $27K | 2021 |
| Waterloo, IA | $310K | 2021 |
| Waterloo, IA | $101K | 2021 |
| Cedar Falls, IA | $3K | 2021 |
| Waverly, IA | $71K | 2021 |
| Waterloo, IA | $40K | 2021 |
| Waterloo, IA | $43K | 2021 |
| Cedar Falls, IA | $9K | 2021 |
| Waterloo, IA | $63K | 2021 |
| Waterloo, IA | $426K | 2021 |
| Waterloo, IA | $1K | 2021 |
| Waterloo, IA | $61K | 2021 |
| Waterloo, IA | $10K | 2021 |
| Waterloo, IA | $15K | 2021 |
| Waterloo, IA | $23K | 2021 |
| Waterloo, IA | $50K | 2021 |
| Waterloo, IA | $4K | 2021 |
| Waterloo, IA | $25K | 2021 |
| Waterloo, IA | $15K | 2021 |
| Cedar Falls, IA | $27K | 2021 |
| Waterloo, IA | $15K | 2021 |
| Waterloo, IA | $5K | 2021 |
Page 1 of 6 · 149 total
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $60.7M | $3.0M | $1.2M | $3.1M |
| 2022 | $57.3M | $3.2M | $3.6M | $5.2M |
| 2020 | $60.1M | — | $1.7M | $2.6M |
| 2019 | $59.4M | — | $1.9M | $3.1M |
| 2018 | $59.2M | — | $1.6M | $2.8M |
| 2017 | $57.3M | — | $1.2M | $231K |
| 2016 | $51.8M | — | $51.5M | $15K |
Section VII
Foundations Like This One
Similar in focus area, location, and asset size. Worth researching as part of the same campaign.