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Schott Foundation

  • Chanhassen, MN
  • Tax-exempt since March 1982
  • EIN: 41-1392014

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$613k (2025)

Expenses
$383k (2025)

Total Assets
$6.51M (2025)

Total Liabilities
$0 (2025)

Years with missing data
Source: Form 990 tax filings from 2012 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$612,791
Expenses
$383,288
Net Income
$229,503
Net Assets
$6,508,038
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $125,271
20.4%
Sales of Assets $487,520
79.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $334,877
87.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,508,038
Total Liabilities $0
Net Assets $6,508,038
Compensation
Key Employees and Officers Compensation Other
Owen Schott (President) $0 $0
Wendell Schott (Treasurer) $0 $0
Owen Schott Jr (Secretary) $0 $0

Document Links

990-PF
Filed on July 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending March
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$115,226
Expenses
$444,813
Net Income
-$329,587
Net Assets
$6,278,535
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $207,169
> 100%
Sales of Assets -$91,943
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $340,449
76.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,278,535
Total Liabilities $0
Net Assets $6,278,535
Compensation
Key Employees and Officers Compensation Other
Wendell Schott (Treasurer) $8,824 $0
Owen Schott (President) $0 $0
Owen Schott Jr (Secretary) $0 $0

Document Links

990-PF
Filed on July 25, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending March
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,505,792
Expenses
$374,096
Net Income
$4,131,696
Net Assets
$6,608,122
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,481
0.0%
Interest Revenue $0
Dividends $213,436
4.7%
Sales of Assets $4,290,875
95.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $333,913
89.3%
Compensation of Officers* $8,734
2.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,608,122
Total Liabilities $0
Net Assets $6,608,122
Compensation
Key Employees and Officers Compensation Other
Wendell Schott (Treasurer) $8,914 $0
Owen Schott (President) $0 $0
Owen Schott Jr (Secretary) $0 $0

Document Links

990-PF
Filed on Aug. 10, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$192,757
Expenses
$376,980
Net Income
-$184,223
Net Assets
$2,476,426
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $125,978
65.4%
Sales of Assets $66,779
34.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $347,166
92.1%
Compensation of Officers* $8,914
2.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,476,426
Total Liabilities $0
Net Assets $2,476,426
Compensation
Key Employees and Officers Compensation Other
Wendell Schott (Treasurer) $8,914 $0
Owen Schott (President) $0 $0
Owen Schott Jr (Secretary) $0 $0

Document Links

990-PF
Filed on Aug. 4, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$210,842
Expenses
$337,993
Net Income
-$127,151
Net Assets
$2,660,648
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $128,877
61.1%
Sales of Assets $81,965
38.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $302,177
89.4%
Compensation of Officers* $8,360
2.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,660,649
Total Liabilities $1
Net Assets $2,660,648
Compensation
Key Employees and Officers Compensation Other
Wendell Schott (Vp & Director) $8,360 $0
Owen Schott (Ceo & Director) $0 $0
Jacqueline Schott (Director) $0 $0

Document Links

990-PF
Filed on Aug. 5, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$326,996
Expenses
$331,614
Net Income
-$4,618
Net Assets
$2,787,800
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $140,063
42.8%
Sales of Assets $186,933
57.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $296,305
89.4%
Compensation of Officers* $7,750
2.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,787,800
Total Liabilities $0
Net Assets $2,787,800

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2019

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$380,114
Expenses
$230,954
Net Income
$149,160
Net Assets
$3,071,260
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $126,017
33.2%
Sales of Assets $254,097
66.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $206,150
89.3%
Compensation of Officers* $6,652
2.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,071,260
Total Liabilities $0
Net Assets $3,071,260

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$173,602
Expenses
$234,711
Net Income
-$61,109
Net Assets
$2,922,100
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $135,497
78.1%
Sales of Assets $35,558
20.5%
Other Income $2,547
1.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $211,109
89.9%
Compensation of Officers* $6,972
3.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,947,100
Total Liabilities $25,000
Net Assets $2,922,100

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$174,789
Expenses
$263,516
Net Income
-$88,727
Net Assets
$2,983,209
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $142,593
81.6%
Sales of Assets $32,196
18.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $226,110
85.8%
Compensation of Officers* $6,962
2.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,983,209
Total Liabilities $0
Net Assets $2,983,209

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$448,473
Expenses
$227,386
Net Income
$221,087
Net Assets
$3,071,936
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $154,323
34.4%
Sales of Assets $294,150
65.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $207,089
91.1%
Compensation of Officers* $6,987
3.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,071,936
Total Liabilities $0
Net Assets $3,071,936

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$169,750
Expenses
$267,228
Net Income
-$97,478
Net Assets
$2,850,849
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $136,522
80.4%
Sales of Assets $33,228
19.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $242,242
90.6%
Compensation of Officers* $6,898
2.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,850,849
Total Liabilities $0
Net Assets $2,850,849

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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