Schowalter Foundation
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The Schowalter Foundation is a Kansas-based Mennonite philanthropic foundation formed in 1954 from the estate of Jacob A. Schowalter of Newton, Kansas.
Initially funded with an estate of $1,157,000,[1] the foundation's assets reached $10,298,000 in 2003 ranking among the top thirty Kansas foundations.[2] Income from the foundation's assets are used for relief work, training of missionaries and ministers and promotion of peace. Grants totaled $425,950 in 2003.[3]
The foundation was originally overseen by two representatives from each of the large Kansas Mennonite denominations: General Conference Mennonite Church, (Old) Mennonite Church and Church of God in Christ, Mennonite.[4]
Notes
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- ↑ Kaufman 411.
- ↑ Top 50 Kansas Foundations by Assets
- ↑ Top 50 Kansas Foundations by Total Giving
- ↑ Krahn p. 480.
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References
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- Kaufman, Edmund G. (1973), General Conference Mennonite Pioneers, Bethel College, North Newton, Kansas.
- Krahn, Cornelius, Gingerich, Melvin & Harms, Orlando (Eds.) (1955). The Mennonite Encyclopedia, Volume IV. Mennoniite Publishing House.