Private Foundation

SCHUG FOUNDATION co PEGGY COBB SCHUG

SCHUG FOUNDATION co PEGGY COBB SCHUG is a Private Foundation headquartered in CHARLOTTE, NC. Financial data from the 2025 filing: $82K revenue, $236K expenses, $797K total assets. IRS filings disclose 479 grants awarded by this foundation, totaling roughly $1.3M.

EIN: 566583795 CHARLOTTE, NC Latest filing: 2025

Total Revenue$82K

Total Expenses$236K

Total Assets$797K

Grants Given479

Grant Total$1.3M

Filing Years2021–2025

Sample Grants Given

CPCC FOUNDATION

CHARLOTTE, NC · 2025

TUITION

$16,000

NATALIE KIRKINDOLL

CLYDE, NC · 2025

UNC ASHEVILLETUITION

$6,000

JORDAN BRAGA

WAYNESVILLE, NC · 2025

NC STATE UNIVERSITYTUITION

$5,024

TY HENDRICKS

LAKE JUNALUSKA, NC · 2025

GARDNER WEBB UNIV.TUITION AND LAPTOP

$5,000

TAYLOR SOLLIE

CLYDE, NC · 2025

GARDNER WEBB UNIVERSITYTUITION

$4,875

Showing up to 5 of 479 total records — full history available with membership.

Officers & Directors

TRUSTEE John B Schug

TRUSTEE Peggy C Schug

Officer compensation and complete director data available with membership.

Top Grant Purposes

UNC GREENSBOROTUITION

$140,486 50 grants

NC STATE UNIVERSITYTUITION

$84,122 32 grants

WESTERN CAROLINAUNIVERSITYTUITION

$76,000 28 grants

TUITION

$64,000 3 grants

WESTERN CAROLINA UNIVERSITYTUITION

$60,800 24 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$82K	$236K	$797K
2024	$758K	$231K	$932K
2023	$12K	$206K	$336K
2022	$14K	$228K	$492K
2021	$18K	$227K	$805K

Between 2021 and 2025, reported annual revenue grew from $18K to $82K (+352%), with total assets most recently reported at $797K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NC.

Full geographic grant map with state-by-state breakdown available with membership.

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