// Workers AI · dad joke modeWhat did the Schowalter Foundation say to the donor? You're a foundation-al part.
| Formation | 1954 |
|---|---|
| Type | Philanthropic foundation |
| Headquarters | Newton, KS, United States |
| Revenue | $1,165,674[1] (2015) |
| Expenses | $1,569,903[1] (2015) |
| Website | schowalterfoundation.org |
The Schowalter Foundation is a Kansas-based Mennonite philanthropic foundation 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
[edit]- 1 2 "Schowalter Foundation, Inc" (PDF). Foundation Center. 8 May 2016. Retrieved 12 July 2017.
- ↑ Kaufman 411.
- ↑ Top 50 Kansas Foundations by Assets
- ↑ Top 50 Kansas Foundations by Total Giving
- ↑ Krahn p. 480.
References
[edit]- Kaufman, Edmund G. (1973), General Conference Mennonite Pioneers, Bethel College, North Newton, Kansas.
- Krahn, Cornelius, Gingerich, Melvin & Harms, Orlando (Eds.) (1955). The Mennonite Encyclopedia, Volume IV. Mennoniite Publishing House.