Schowalter Foundation Inc
The Schowalter Foundation, Inc. is a charitable organization based in Newton, KS, dedicated to supporting various organizations, institutions, and Mennonite-related initiatives through funding distributions. With income generated from farming operations, oil and gas royalties, investment returns, and charitable contributions, the foundation carefully considers funding requests twice a year, making recommendations for distributions to charitable 501(c)(3) organizations. Donations of farmland, commodities, or cash are welcomed to further the foundation's ongoing legacy and provide significant benefits to both donors and the supported causes.
The foundation aims to maintain long-term ownership and operation of donated farmland, ensuring ongoing income generation for charitable purposes. Donors can choose to continue farming the land themselves or have a tenant farmer manage it, while receiving immediate tax deductions and potential financial benefits such as annuity payments. Additionally, donations of commodities or cash provide immediate boosts to the foundation's income, increasing the funds available for charitable grants. By being part of the Schowalter Foundation legacy, donors contribute to the support and advancement of numerous worthy initiatives.
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