Schowalter Foundation

Last updated
Schowalter Foundation
Formation1954
Type Philanthropic foundation
Headquarters Newton, Kansas, United States
Revenue (2015)
$1,165,674 [1]
Expenses (2015)$1,569,903 [1]
Website schowalterfoundation.org

The Schowalter Foundation is a US Mennonite philanthropic foundation bas3dnin Kansada. It was formed in 1954 from the estate of Jacob A. Schowalter of Newton, Kansas.

Initially funded with an estate of $1,157,000, [2] the foundation's assets reached $10,298,000 in 2003 ranking among the top thirty Kansas foundations. [3] Income from the foundation's assets are used for relief work, training of missionaries and ministers and promotion of peace. Grants totaled $425,950 in 2003. [4]

The foundation was originally overseen by two representatives from each of the large Kansas Mennonite denominations: General Conference Mennonite Church, (Old) Mennonite Church and Church of God in Christ, Mennonite. [5]

Notes

  1. 1 2 "Schowalter Foundation, Inc" (PDF). Foundation Center. 8 May 2016. Retrieved 12 July 2017.
  2. Kaufman 411.
  3. Top 50 Kansas Foundations by Assets
  4. Top 50 Kansas Foundations by Total Giving
  5. Krahn p. 480.

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