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Nonprofit · EIN 87-0987503

SCHEB FOUNDATION

Tax-exempt · ADA, MI 49301

Financials

$424K$500K2024$471K$519K2025
Revenue Expenses · by fiscal year end
Financials of SCHEB FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$471,429$519,119-$47,690$8,221,565$0$8,221,565
December 31, 2024990-PF$424,099$499,510-$75,411$8,264,004$0$8,264,004
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$270,460
Net gain from sales of assets
$200,969

Expenses

Grants and similar amounts paid
$440,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$476,635
Excise tax on investment income
$6,023

Balance sheet and other

Total assets, start of year
$8,264,004
Total assets, end of year
$8,221,565
Total liabilities, end of year
$0
Net assets, end of year
$8,221,565
Fair market value of assets
$10,456,380
Qualifying distributions
$476,635
Net investment income
$471,429

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM MUIR
5630 TREEBROOK DR NE, ADA, MI 49301
CHAIR/PRESIDENT1$0
CATHERINE MUIR
5630 TREEBROOK DR NE, ADA, MI 49301
TREASURER1$0
CHARLIE EVENHOUSE
5630 TREEBROOK DR NE, ADA, MI 49301
VICE-CHAIR1$0
HEATHER EVENHOUSE
5630 TREEBROOK DR NE, ADA, MI 49301
SECRETARY1$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
WILLIAM MUIR
5630 TREEBROOK DR NE, ADA, MI 49301
CHAIR/PRESIDENT1$0
CATHERINE MUIR
5630 TREEBROOK DR NE, ADA, MI 49301
TREASURER1$0
CHARLIE EVENHOUSE
5630 TREEBROOK DR NE, ADA, MI 49301
VICE-CHAIR1$0
HEATHER EVENHOUSE
5630 TREEBROOK DR NE, ADA, MI 49301
SECRETARY1$0

Address and contacts

Address (IRS master file)
5630 TREEBROOK DR NE, ADA, MI 49301-8716
Signed the 990-PF
CATHERINE MUIR, TREASURER
Phone
(616) 745-0130
Return prepared by
REHMANN ROBSON LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
87-0987503
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
2022
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$8,221,565
Income (IRS master file)
$1,780,912

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$471,429$519,119$8,221,565IRS
990-PFDecember 2024$424,099$499,510$8,264,004IRS
990-PFDecember 2023$243,064$565,401$8,339,042IRS
990-PFDecember 2022–––IRS
990-PFDecember 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 87-0987503).

Questions about SCHEB FOUNDATION

What is the EIN of SCHEB FOUNDATION?
The employer identification number (EIN) of SCHEB FOUNDATION is 87-0987503.
Is SCHEB FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to SCHEB FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SCHEB FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SCHEB FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SCHEB FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of SCHEB FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does SCHEB FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $471,429, expenses of $519,119 and total assets of $8,221,565 at year end.

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