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TULSA, OK

Charles And Lynn Schusterman Family Foundation

Quick Facts

EIN
731312965
Location
TULSA, OK
Category
Philanthropy & Grantmaking
Total Assets
$2.2B
Annual Income
$556M
IRS Ruling Year
1989
Organization Type
Corporation
Tax Deductibility
Contributions are deductible

About This Foundation

Charles And Lynn Schusterman Family Foundation is a private corporation based in TULSA, OK. The foundation received its IRS ruling in 1989. It holds total assets of $2.2B. Annual income is reported at $556M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$381.8M

2023-6%

Total Assets

$2.3B

2023-9%

Fair Market Value

$3.2B

2023

Net Worth

$2.2B

2023

Grants Paid

$363.5M

2023

Contributions

$10.9M

2023

Net Investment Income

$156.4M

2023

Distribution Amount

$157.7M

2023

Total Giving by Year

$186.9M
11
$48.3M
12
$73.8M
13
$82.4M
14
$104.9M
15
$178.1M
19
$391M
20
$311.3M
21
$405M
22
$381.8M
23

Asset Growth

$2.3B
11
$2.2B
12
$2.3B
13
$2.2B
14
$2.2B
15
$2.2B
19
$2.2B
20
$2.7B
21
$2.5B
22
$2.3B
23

Investment Portfolio (2023)

Total: $0

Other Investments: $2B
Cash: $32.4M
Other Investments (98%)
Cash (2%)

Expense Breakdown (2023)

Grants Paid$363.5M
Interest$1.4M
Depreciation$472

Revenue Sources (2023)

Capital Gains (Net)
$120.7M
Dividends
$31.5M
Interest
$23.7M
Contributions
$10.9M
Other Income
$-11,216,845

Financial Details (2023)

Total Revenue
$175.5M
Total Expenses
$381.8M
Exempt Purpose Expenses
$375.9M
Required Distribution
$157.7M
Undistributed Income
$0
Total Liabilities
$24.5M
Excise Tax
$2.2M

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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