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Nonprofit · EIN 47-4179386

SCHEWEL CHARITABLE FOUNDATION

Tax-exempt · LYNCHBURG, VA 24505

Financials

$211K$398K2022$339K$352K2023$272K$334K2024
Revenue Expenses · by fiscal year end
Financials of SCHEWEL CHARITABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990-PF$271,696$333,646-$61,950$5,865,496$0$5,865,496
March 31, 2024990-PF$339,332$351,652-$12,320$5,617,551$0$5,617,551
March 31, 2023990-PF$211,207$398,276-$187,069$4,895,503$0$4,895,503
Financial details: 990-PF for the year ended March 31, 2025

Revenue

Dividends
$158,073
Net gain from sales of assets
$113,623

Expenses

Grants and similar amounts paid
$303,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$303,000
Excise tax on investment income
$3,351

Balance sheet and other

Total assets, start of year
$5,617,551
Total assets, end of year
$5,865,496
Total liabilities, end of year
$0
Net assets, end of year
$5,865,496
Fair market value of assets
$6,848,770
Qualifying distributions
$303,000
Net investment income
$271,696

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARC A SCHEWEL
3241 ELK STREET, LYNCHBURG, VA 24503
PRESIDENT & CHAIRMAN0.25$0
JONATHAN B SCHEWEL
PO BOX 6120, LYNCHBURG, VA 24505
VICE-PRESIDENT0.25$0
JULIE S CLARK
2126 BURNT BRIDGE ROAD, LYNCHBURG, VA 24503
VICE-PRESIDENT0.25$0
JORDAN S CLARK
2126 BURNT BRIDGE ROAD, LYNCHBURG, VA 24503
VICE-PRESIDENT0.25$0
FRANK G DAVIDSON III
PO BOX 798, LYNCHBURG, VA 24505
TRUSTEE0.25$0
990-PF for the year ended March 31, 2024: 5 people
NameTitleHours / weekCompensation
MARC A SCHEWEL
3241 ELK STREET, LYNCHBURG, VA 24503
PRESIDENT & CHAIRMAN0.25$0
JONATHAN B SCHEWEL
PO BOX 6120, LYNCHBURG, VA 24505
VICE-PRESIDENT0.25$0
JULIE S CLARK
2126 BURNT BRIDGE ROAD, LYNCHBURG, VA 24503
VICE-PRESIDENT0.25$0
JORDAN S CLARK
2126 BURNT BRIDGE ROAD, LYNCHBURG, VA 24503
VICE-PRESIDENT0.25$0
FRANK G DAVIDSON III
PO BOX 798, LYNCHBURG, VA 24505
TRUSTEE0.25$0
990-PF for the year ended March 31, 2023: 5 people
NameTitleHours / weekCompensation
MARC A SCHEWEL
3241 ELK STREET, LYNCHBURG, VA 24503
PRESIDENT & CHAIRMAN0.25$0
JONATHAN B SCHEWEL
PO BOX 6120, LYNCHBURG, VA 24505
VICE-PRESIDENT0.25$0
JULIE S CLARK
2126 BURNT BRIDGE ROAD, LYNCHBURG, VA 24503
VICE-PRESIDENT0.25$0
JORDAN S CLARK
2126 BURNT BRIDGE ROAD, LYNCHBURG, VA 24503
VICE-PRESIDENT0.25$0
FRANK G DAVIDSON III
PO BOX 798, LYNCHBURG, VA 24505
TRUSTEE0.25$0

Address and contacts

Address (IRS master file)
PO BOX 798, LYNCHBURG, VA 24505-0798
In care of
% FRANK G DAVIDSON
Signed the 990-PF
MARC SCHEWEL, TRUSTEE
Phone
(434) 847-4444
Return prepared by
DAVIDSON DOYLE & HILTON LLP

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 yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990-PF on file
2023March 31, 2024August 15, 2024990-PF on file

IRS record

EIN
47-4179386
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2015
Accounting year ends
March
Files
Form 990-PF
Assets (IRS master file)
$5,865,496
Income (IRS master file)
$1,814,836

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFMarch 2025$271,696$333,646$5,865,496XML
990-PFMarch 2024$339,332$351,652$5,617,551XML
990-PFMarch 2023$211,207$398,276$4,895,503XML
990-PFMarch 2022–––IRS
990-PFMarch 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 47-4179386).

Questions about SCHEWEL CHARITABLE FOUNDATION

What is the EIN of SCHEWEL CHARITABLE FOUNDATION?
The employer identification number (EIN) of SCHEWEL CHARITABLE FOUNDATION is 47-4179386.
Is SCHEWEL CHARITABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to SCHEWEL CHARITABLE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does SCHEWEL CHARITABLE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SCHEWEL CHARITABLE FOUNDATION due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SCHEWEL CHARITABLE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended March 2025.
Who are the officers and directors of SCHEWEL CHARITABLE FOUNDATION?
The 990-PF for the year ended March 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does SCHEWEL CHARITABLE FOUNDATION have?
On its 990-PF for the year ended March 31, 2025 it reported revenue of $271,696, expenses of $333,646 and total assets of $5,865,496 at year end.

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