Private foundation · EIN 37-6330955 · Havana, Illinois · Philanthropy & grantmaking

John Adam Schaad & Mildred E Schaad Trust

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2025 Form 990-PF: 1 grants paid, $86K total, median $86K. 100% of grants stayed in Illinois.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2025
1
$86K
Median grant
$86K
Stays in IL
100%
of grants
Deadline
—
Assets
$2.2M

Grants paid in 2025

1 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Mason District HospitalHavana, ILCharitable healthcarenot for profit hospital$86K

About this foundation

John Adam Schaad & Mildred E Schaad Trust is a private grantmaking foundation in Havana, Illinois, administered in care of The Havana National Bank, tax-exempt since 2000. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does John Adam Schaad & Mildred E Schaad Trust accept grant applications?

No. On its 2025 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does John Adam Schaad & Mildred E Schaad Trust give each year?

In tax year 2025 it paid $86K across 1 grants, a median of $86K.

Where does John Adam Schaad & Mildred E Schaad Trust give?

Illinois (1 grants), per its latest filing.

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