Nonprofit · EIN 88-6221748
PATRICIA SCHAEFER FOUNDATION TR
Also known as MICHAEL T FLOOD TTEE
Tax-exempt · FORT WAYNE, IN 46818
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $9,438,081 | $4,289,241 | $5,148,840 | $90,752,669 | $0 | $90,752,669 |
| December 31, 2023 | 990-PF | $27,275,749 | $4,357,292 | $22,918,457 | $85,603,829 | $0 | $85,603,829 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $2,663,860
- Net gain from sales of assets
- $6,774,221
Expenses
- Grants and similar amounts paid
- $2,915,000
- Compensation of officers, directors and key employees
- $554,479
- Disbursements for charitable purposes
- $2,915,000
- Excise tax on investment income
- $124,841
Balance sheet and other
- Total assets, start of year
- $85,603,829
- Total assets, end of year
- $90,752,669
- Total liabilities, end of year
- $0
- Net assets, end of year
- $90,752,669
- Fair market value of assets
- $106,764,353
- Qualifying distributions
- $2,915,000
- Net investment income
- $9,438,081
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUISE MARSH 614 E ST CLAIR, INDIANAPOLIS, IN 46202 | TRUSTEE | 8 | $277,240 |
| MICHAEL FLOOD 6418 LIMA ROAD, FORT WAYNE, IN 46818 | TRUSTEE | 8 | $277,239 |
| PATRICIA SCHAEFER 5400 DEER RUN COURT, MUNCIE, IN 47304 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL FLOOD 6418 LIMA ROAD, FORT WAYNE, IN 46818 | TRUSTEE | 8 | $266,131 |
| LOUISE MARSH 614 E ST CLAIR, INDIANAPOLIS, IN 46202 | TRUSTEE | 8 | $266,131 |
| PATRICIA SCHAEFER 5400 DEER RUN COURT, MUNCIE, IN 47304 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- C/O MICHAEL FLOOD 6418 LIMA ROAD, FORT WAYNE, IN 46818-0000
- In care of
- % MICHAEL T FLOOD- CO-TRUSTEE
- Signed the 990-PF
- MICHAEL FLOOD, TRUSTEE
- Phone
- (260) 436-0859
- Return prepared by
- MICHAEL T FLOOD CPA
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 88-6221748
- 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)
- $90,752,669
- Income (IRS master file)
- $46,323,274
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $9,438,081 | $4,289,241 | $90,752,669 | IRS |
| 990-PF | December 2023 | $27,275,749 | $4,357,292 | $85,603,829 | XML |
| 990-PF | December 2022 | – | – | – | 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 88-6221748).
Questions about PATRICIA SCHAEFER FOUNDATION TR
- What is the EIN of PATRICIA SCHAEFER FOUNDATION TR?
- The employer identification number (EIN) of PATRICIA SCHAEFER FOUNDATION TR is 88-6221748.
- Is PATRICIA SCHAEFER FOUNDATION TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to PATRICIA SCHAEFER FOUNDATION TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PATRICIA SCHAEFER FOUNDATION TR file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PATRICIA SCHAEFER FOUNDATION TR due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PATRICIA SCHAEFER FOUNDATION TR last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of PATRICIA SCHAEFER FOUNDATION TR?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 2 received compensation from the organization, the highest $277,240 (LOUISE MARSH, TRUSTEE).
- How much revenue does PATRICIA SCHAEFER FOUNDATION TR have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $9,438,081, expenses of $4,289,241 and total assets of $90,752,669 at year end.
Other nonprofits in FORT WAYNE
- PARKVIEW HOSPITAL INC EIN 35-0868085 · last filed 990 for 2024
- PARKVIEW HEALTH SYSTEM INC EIN 35-1972384 · last filed 990 for 2024
- INDIANA INSTITUTE OF TECHNOLOGY INC EIN 35-0845258 · last filed 990 for 2025
- UNIVERSITY OF SAINT FRANCIS OF FORT WAYNE INDIANA INC EIN 35-0886846 · last filed 990 for 2025
- ANTHONY WAYNE REHABILITATION CENTER FOR HANDICAPPED & BLIND EIN 35-1049596 · last filed 990 for 2025
- COMMUNITY FOUNDATION OF GREATER FORT WAYNE INC EIN 35-1119450 · last filed 990 for 2025
- LUTHERAN HOMES INC EIN 35-0885590 · last filed 990 for 2024
- PARK CENTER INC EIN 35-1135451 · last filed 990 for 2024