Schowalter Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 480623544 ✦ North newton, KS ✦ Designated as a 501(c)(3)

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Overview

What is Schowalter Foundation Inc?

Schowalter Foundation Inc, located in North Newton, Kansas, serves as a charitable organization. Its primary mission is to aid and strengthen the initiatives of Everence Foundation, primarily in support of churches, agencies, colleges, and other charities affiliated with the Mennonite Church. The foundation operates with a single employee, working diligently to contribute to and advance the programs and objectives of the Everence Foundation.


Official website here: www.schowalterfoundation.org

Is Schowalter Foundation Inc legitimate?

Schowalter Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schowalter Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $85,646
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.schowalterfoundation.org

What is the mission statement of Schowalter Foundation Inc?

The Schowalter Foundation Inc's mission is to aid in the advancement of programs and missions primarily associated with the Mennonite Church. This includes supporting churches, agencies, colleges, and other charities. The foundation operates solely as a charitable organization, with the primary goal of maintaining and furthering the programs and mission of the Everence Foundation of Goshen.


Official website here: www.schowalterfoundation.org

What is the revenue of Schowalter Foundation Inc?

Schowalter Foundation Inc's revenue in 2024 was $1,473,423.


Official website here: www.schowalterfoundation.org

Who are the executives of Schowalter Foundation Inc and what are their salaries?

The average compensation at Schowalter Foundation Inc during 2024 was $42,823. There are 2 employees and 8 volunteers at Schowalter Foundation Inc.

Here are 10 key members and their salaries:


Heber Ramer (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Swartzendruber (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Heinzekehr (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Hartman Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delbert Becker (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Selzer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Warren (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corwin Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Yoder (President)
  • Compensation: $60,961
  • Related: $0
  • Other: $0
Arlan Yoder (Asst. Treasurer)
  • Compensation: $24,685
  • Related: $0
  • Other: $0


Official website here: www.schowalterfoundation.org

Where can I find the form 990 for Schowalter Foundation Inc?

Schowalter Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.schowalterfoundation.org

Learn more at the official website: www.schowalterfoundation.org

Mission Statement of Schowalter Foundation Inc

The Schowalter Foundation Inc, as a charitable organization, is dedicated to aiding and advancing the programs and mission of the Everence Foundation primarily. This support is extended to various entities associated with the Mennonite Church, including churches, agencies, colleges, and other charities. The Foundation's mission is to operate solely and exclusively for charitable purposes, with the primary goal of maintaining and furthering the initiatives of the Everence Foundation based in Goshen.

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Impact




October, 2024

Schowalter Foundation Inc has a significant impact by supporting the programs and mission of the Everence Foundation, primarily benefiting churches, agencies, colleges, and other charities associated with the Mennonite Church. By focusing on charitable initiatives, the foundation plays a crucial role in promoting community development and facilitating financial resources for various educational and spiritual institutions. Its efforts help maintain and advance the work of the Everence Foundation in Goshen, Indiana, ensuring that financial support is available for organizations dedicated to serving their communities. Through its philanthropic activities, Schowalter Foundation Inc strengthens the fabric of the Mennonite community, fostering a culture of giving and support that underscores the values of collaboration and service.




This information is meant to be a general summary of Schowalter Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,473,423 (2024)
Expenses
$1,334,669 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $192,647
  • Gross Receipts: $4,851,259

Assets and Liabilities:

  • Total Assets: $10,243,811
  • Total Liabilities: $76,211
  • Net Assets: $10,167,600

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Organization Details

Founding Year

1954

Principal Officer

Diane Yoder

NTEE Category

Code: T50 - Philanthropy

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