Schowalter Foundation

Schowalter Foundation
Formation 1954
Type Philanthropic foundation
Headquarters Newton, KS, United States
Revenue (2015)
$1,165,674[1]
Expenses (2015) $1,569,903[1]

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

  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.

References

  • 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.
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