Skip to main content

Nonprofit · EIN 32-0716037

1898 FOUNDATION INC

Tax-exempt · YOUNGSTOWN, OH 44511

Financials

$14K$1K2023$111K$24K2024$575K$216K2024
Revenue Expenses · by fiscal year end
Financials of 1898 FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$575,196$216,430$358,766$456,153$0$456,153
December 31, 2024990-EZ$110,812$23,559$87,253$100,486–$100,486
September 30, 2023990-EZ$14,450$1,220$13,230$13,230–$13,230
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$559,121
Program service revenue
$0
Investment income
$16,075
Net gain from sales of assets
$2,026
Other revenue
$0

Expenses

Grants and similar amounts paid
$35,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$9,838
Program services (functional)
$198,099
Management and general (functional)
$12,671
Fundraising (functional)
$5,660

Balance sheet and other

Total assets, start of year
$100,486
Total assets, end of year
$456,153
Total liabilities, end of year
$0
Net assets, end of year
$456,153
Publicly traded securities
$454,662
Net assets without donor restrictions
$456,153
Gross receipts
$659,042
Employees
0
Volunteers
5
Year formed
2022
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
C REID SCHMUTZPRESIDENT
Trustee or director, Officer
5$0
PAUL HOMICKSECRETARY
Trustee or director, Officer
0$0
JACQUELYN MOTSINGERTRUSTEE
Trustee or director
0$0
H WILLIAM LAWSONTREASURER
Trustee or director, Officer
0$0
JEFFERY HILLTRUSTEE
Trustee or director
0$0
990-EZ for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
C REID SCHMUTZPRESIDENT0$0
PAUL HOMICKSECRETARY0$0
JACQUELYN MOTSINGERTRUSTEE0$0
H WILLIAM LAWSONTREASURER0$0
JEFFERY HILLTRUSTEE0$0
990-EZ for the year ended September 30, 2023: 5 people
NameTitleHours / weekCompensation
C REID SCHMUTZPRESIDENT5$0
PAUL HOMICKSECRETARY5$0
JACQUELYN MOTSINGERTRUSTEE5$0
H WILLIAM LAWSONTREASURER5$0
JEFFERY HILLTRUSTEE5$0

Address and contacts

Address (IRS master file)
PO BOX 11191, YOUNGSTOWN, OH 44511-0191
Principal officer (990 for 2024)
C REID SCHMUTZ, PO BOX 11191, YOUNGSTOWN, OH 44511
Signed the 990
C REID SCHMUTZ, PRESIDENT
Phone
(330) 743-2589
Return prepared by
HILL BARTH & KING LLC

Mission

TO PRESERVE HISTORICAL BUILDINGS AND PROMOTE COMMUNITY INVOLVEMENT

990 for the year ended September 30, 2025

Program accomplishments

  • THE 1898 FOUNDATION, FOUNDED IN 2022, IS AN INDEPENDENT, AUTONOMOUS, PRIVATE, NON-PROFIT CORPORATION THAT PURSUES, MANAGES, AND DISTRIBUTES RESOURCES TO SUPPORT AND PRESERVE THE HISTORIC DISTRICT AND HISTORIC PLACE OF THE YOUNGSTOWN COUNTRY CLUB AND OTHER HISTORIC DESIGNATED GOLF COURSES AND FACILITIES IN MAHONING AND TRUMBULL COUNTIES, ALONG WITH THE PROMOTION OF AMATEUR GOLF AND RELATED SPORTING ACTIVITIES. IN ADDITION TO SERVING AS A SPONSOR OF THE AMERICAN JUNIOR GOLF ASSOCIATION (AJGA) LOCAL EVENT FOR THE PAST SEVERAL YEARS, THE 1898 FOUNDATION HAS ALSO SUPPORTED YOUNGSTOWN CITY PARKS IN LAUNCHING A JUNIOR GOLF PROGRAM AND THE PURCHASE OF GOLF EQUIPMENT TO BE USED BY YOUNG GOLFERS AT STAMBAUGH GOLF COURSE. ADDITIONALLY, THE 1898 FOUNDATION HAS ALSO ENDOWED A SCHOLARSHIP THROUGH THE YSU FOUNDATION TO BENEFIT BOTH THE YSU MEN'S AND WOMEN'S GOLF TEAMS WHICH PROVIDES MEANINGFUL ANNUAL SUPPORT AND ENHANCES YSU'S ABILITY TO RECRUIT AND SUPPORT EXCEPTIONAL GOLF STUDENT-ATHLETES
    Expenses $198,099 · grants $35,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025Check at the IRS

IRS record

EIN
32-0716037
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$456,153
Income (IRS master file)
$659,042

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$575,196$216,430$456,153XML
990-EZDecember 2024$110,812$23,559$100,486IRS
990-EZSeptember 2023$14,450$1,220$13,230XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 32-0716037).

Questions about 1898 FOUNDATION INC

What is the EIN of 1898 FOUNDATION INC?
The employer identification number (EIN) of 1898 FOUNDATION INC is 32-0716037.
Is 1898 FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to 1898 FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does 1898 FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of 1898 FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did 1898 FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of 1898 FOUNDATION INC?
The 990 for the year ended September 30, 2025 names C REID SCHMUTZ.
Who are the officers and directors of 1898 FOUNDATION INC?
The 990 for the year ended September 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does 1898 FOUNDATION INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $575,196, expenses of $216,430 and total assets of $456,153 at year end.

Other nonprofits in YOUNGSTOWN

All nonprofits in YOUNGSTOWN · Ohio · Arts, culture and humanities