Nonprofit · EIN 41-1392014
SCHOTT FOUNDATION
Tax-exempt · CHANHASSEN, MN 55317
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990-PF | $47,314 | $412,779 | -$365,465 | $6,141,464 | $0 | $6,141,464 |
| March 31, 2025 | 990-PF | $612,791 | $383,288 | $229,503 | $6,508,038 | $0 | $6,508,038 |
| March 31, 2024 | 990-PF | $115,226 | $444,813 | -$329,587 | $6,278,535 | $0 | $6,278,535 |
Financial details: 990-PF for the year ended March 31, 2026
Revenue
- Dividends
- $131,691
- Net gain from sales of assets
- -$84,377
Expenses
- Grants and similar amounts paid
- $338,000
- Disbursements for charitable purposes
- $339,944
- Excise tax on investment income
- $954
Balance sheet and other
- Total assets, start of year
- $6,508,038
- Total assets, end of year
- $6,141,464
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,141,464
- Fair market value of assets
- $7,279,653
- Qualifying distributions
- $339,944
- Net investment income
- $131,691
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-PF for the year ended March 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| OWEN SCHOTT 4920 CHIMO ST EAST, WAYZATA, MN 55391 | PRESIDENT | 0.5 | $0 |
| WENDELL SCHOTT 9350 FOXFORD RD, CHANHASSEN, MN 55317 | TREASURER | 2 | $0 |
| OWEN SCHOTT JR 4750 WESTGATE RD, MINNETONKA, MN 55345 | DIRECTOR | 0.5 | $0 |
| AMY SCHOTT 15405 BEACHVIEW DRIVE, DUMFRIES, VA 22025 | SECRETARY | 0.5 | $0 |
| MEG DAWSON 124 TOPSOIL DR, ANDERSON, SC 29625 | DIRECTOR | 0.5 | $0 |
990-PF for the year ended March 31, 2025: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Owen Schott 4920 Chimo St East, Wayzata, MN 55391 | President | 0.5 | $0 |
| Wendell Schott 9350 Foxford Rd, Chanhassen, MN 55317 | Treasurer | 2 | $0 |
| Owen Schott Jr 4750 Westgate Rd, Minnetonka, MN 55345 | Secretary | 0.5 | $0 |
990-PF for the year ended March 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Wendell Schott 9350 Foxford Rd, Chanhassen, MN 55317 | Treasurer | 2 | $8,824 |
| Owen Schott 4920 Chimo St East, Wayzata, MN 55391 | President | 0.5 | $0 |
| Owen Schott Jr 4750 Westgate Rd, Minnetonka, MN 55345 | Secretary | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 9350 FOXFORD RD, CHANHASSEN, MN 55317-8684
- Signed the 990-PF
- WENDELL SCHOTT, TREASURER
- Phone
- (952) 496-2213
- Website
- SCHOTTFOUNDATION.ORG
- Return prepared by
- BOYUM & BARENSCHEER PLLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990-PF on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990-PF on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990-PF on file |
IRS record
- EIN
- 41-1392014
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1982
- Accounting year ends
- March
- Files
- Form 990-PF
- Assets (IRS master file)
- $6,141,464
- Income (IRS master file)
- $585,482
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | March 2026 | $47,314 | $412,779 | $6,141,464 | XML |
| 990-PF | March 2025 | $612,791 | $383,288 | $6,508,038 | XML |
| 990-PF | March 2024 | $115,226 | $444,813 | $6,278,535 | XML |
| 990-PF | March 2023 | – | – | – | IRS |
| 990-PF | March 2022 | – | – | – | IRS |
| 990-PF | March 2021 | – | – | – | IRS |
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 41-1392014).
Questions about SCHOTT FOUNDATION
- What is the EIN of SCHOTT FOUNDATION?
- The employer identification number (EIN) of SCHOTT FOUNDATION is 41-1392014.
- Is SCHOTT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to SCHOTT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SCHOTT FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SCHOTT FOUNDATION due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SCHOTT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended March 2026.
- Who are the officers and directors of SCHOTT FOUNDATION?
- The 990-PF for the year ended March 31, 2026 lists 5 people; 0 received compensation from the organization.
- How much revenue does SCHOTT FOUNDATION have?
- On its 990-PF for the year ended March 31, 2026 it reported revenue of $47,314, expenses of $412,779 and total assets of $6,141,464 at year end.
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