The Schowalter Foundation, Inc.
Because of legal and other considerations, the establishment of a charitable trust did not seem probable. But, through diligent and resourceful legal direction and structuring, The Schowalter Foundation, Inc. was chartered in the state of Kansas on May 7, 1954. The total initial corpus of the Foundation was $1,025,794.
Mr. Schowalter’s will provided that three church conferences, The Mennonite Church, The General Conference Mennonite Church and the Church of God in Christ Mennonite, should each appoint two trustees according to his criteria: “A Christian who has a practical, consistent, just and righteous-minded background and further conforms to the provisions and general spirit and purpose of this instrument by past life, confession
The Mennonite Church and The General Conference Mennonite Church have since combined into Mennonite Church USA. As of January 1, 2017, The Schowalter Foundation was granted status as a supporting organization of Mennonite Foundation, an affiliate of Everence, which is the stewardship agency of Mennonite Church USA. The Schowalter Foundation Board currently consists of eight persons, at least two of whom are congregational members of Church of God in Christ, Mennonite and all are members of Mennonite or Anabaptist denominations that have
A Distinctive Strategy
The Schowalter Foundation is distinctive among foundations because its assets consist primarily of farm real estate. Current farmland holdings are in five Kansas counties in central and western Kansas. In recent years Schowalter Foundation’s net income has been generated from farm operations, oil and gas royalty income and investment income. The continuing strategy of The Schowalter Foundation is to make grants of its income to challenge, encourage and stimulate further outreach and witness.
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