Marvin M Schwan Charitable Foundation is a 501(c)(3) organization based in Earth City, Missouri, registered in 1993, with $49,239,185 in FY2024 revenue. CharityIndex grades it B+, and it directs about 84% of spending to programs.
Revenue (FY2024)
$49.2M
▲ 110.6% vs prior year
Religion median: $139K
Expenses (FY2024)
$17.2M
Net assets
$459.4M
Employees
2
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Marvin M Schwan Charitable Foundation: 84% to programs earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Marvin M Schwan Charitable Foundation: 320 mo reserves · +65% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Marvin M Schwan Charitable Foundation: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Marvin M Schwan Charitable Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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To provide financial support to specific religious organizations as specified by the trust's governing documents.
Revenue declined from $75.7M (FY2014) to $49.2M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
65.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$459.5M
Total liabilities
$137K
Net assets
$459.4M
Salaries & benefits
$438K
3% of expenses
Board members
4
0 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $49,239,185▲111% | $17,211,992▲1.2% | $459,397,554▲8.0% | $459,534,722▲8.0% | 990 |
| 2023 | $23,383,472▼16.1% | $17,011,850▼10.6% | $425,238,836▲6.3% | $425,570,879▲6.3% | 990 |
| 2022 | $27,869,209▼53.9% | $19,026,370▲13.6% | $399,935,152▼12.6% | $400,319,600▼12.6% | 990 |
| 2021 | $60,426,549▲271% | $16,747,149▲4.7% | $457,766,179▲11.9% | $458,156,582▲11.9% | 990 |
| 2020 | $16,300,505▼1.6% | $15,993,446▲0.9% | $409,095,854▲6.9% | $409,431,512▲6.9% | 990 |
| 2019 | $16,559,973▼34.3% | $15,848,872▼7.9% | $382,527,207▲12.6% | $382,868,376▲12.6% | 990 |
| 2018 | $25,222,295▲120% | $17,208,198▲8.6% | $339,639,826▼11.2% | $339,980,715▼11.1% | 990 |
| 2016 | -$128,907,380▼487% | $15,852,098▼0.5% | $382,314,780▼27.5% | $382,314,780▼27.9% | 990 |
| 2015 | $33,309,024▼56.0% | $15,934,990▲5.7% | $527,074,258▲3.4% | $530,624,258▲2.4% | 990 |
| 2014 | $75,715,889 | $15,080,866▼43.2% | $509,700,224▲10.7% | $518,116,224▲10.1% | 990 |
| 2011 | — | $26,567,449▼10.1% | $460,478,060▼34.7% | $470,393,060▼37.2% | 990 |
| 2010 | — | $29,538,581 | $705,310,534 | $749,550,534 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Rev Keith Boheim — $316,244 (1.84% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Rev Keith Boheim | Executive Director | 40 | $316,244 |
| Lawrence Rast Jr | Trustee | 0.6 | $17,000 |
| Lyle Fanning | Trustee | 0.6 | $17,000 |
| Max Wenck | Trustee | 0.6 | $17,000 |
| Verlyn Hahn | Trustee | 0.6 | $17,000 |
| Contractor | Services | Paid |
|---|---|---|
| Sei Investments | Investment Mgmt | $1,445,214 |
8 grants totaling $14.2M in FY2024. All grants made by Marvin M Schwan Charitable Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Wisconsin Lutheran College | Religious land and buildings | $4,700,000 |
| Bethany Lutheran College & Seminary Inc | Religious land and buildings | $2,932,500 |
| Lutheran Church Missouri Synod | Religious foreign missions | $2,108,000 |
| Wisconsin Evangelical Lutheran Synod | Church and families | $2,107,000 |
| Wisconsin Evangelical Lutheran Synod Kingdom Workers Inc | Religious foreign missions | $1,051,500 |
| Evangelical Lutheran Synod | Religious foreign missions | $574,000 |
| International Lutheran Laymens League | Religious foreign missions | $372,000 |
| Missions Advancement Project Inc | Religious foreign missions | $355,000 |
Explore more
Data for Marvin M Schwan Charitable Foundation (EIN 36-3918630) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.