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Hutch Schumaker Family Foundation Inc. is a private corporation based in COLUMBUS, IN. The foundation received its IRS ruling in 2001. The principal officer is Albert H Schumaker Ii. It holds total assets of $1.6M. Annual income is reported at $169K. Total assets have grown from $84K in 2011 to $1.6M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. According to available records, Hutch Schumaker Family Foundation Inc. has made 6 grants totaling $18K, with a median grant of $3K. The foundation has distributed between $9K and $9K annually from 2021 to 2022. Individual grants have ranged from $2K to $5K, with an average award of $3K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Hutch Schumaker Family Foundation Inc. reported 6 individual grants totaling $18,000 between 2021 and 2022 across its IRS Form 990-PF filings, with a median grant of $2,500. Half of those grants fell between $1,750 and $4,375. Its largest single grant in the record was $5,000. Its most recent available filing, for fiscal year 2023, reports $71,873 in total giving.
Grantmaking is concentrated in IN, which received 6 of the 6 grants on record (100 percent). Of its 3 distinct grantees, 100 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Indiana University Foundation ($10,000), Eiteljorg Museum ($5,000) and Ivy Tech Foundation ($3,000).
Computed from 6 individual grant records (2021–2022) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Hutch Schumaker Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IN.
Hutch Schumaker Family Foundation Inc. has distributed a total of $18K across 6 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $2K to $5K.
Hutch Schumaker Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Hutch Schumaker Family Foundation Inc. is headquartered in COLUMBUS, IN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Albert H Schumaker Ii | PRESIDENT/TREASURER | $0 | $0 | N/A |
| Kevina A Schumaker | VICE PRESIDENT | $0 | $0 | N/A |
| John R O'Bryan | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.6M
Fair Market Value
N/A
Net Worth
$1.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$18K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
3
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Indiana University FoundationCHARITABLE | Bloomington, IN | $5K | 2022 |
| Eiteljorg MuseumCHARITABLE | Indianapolis, IN | $3K | 2022 |
| Ivy Tech FoundationCHARITABLE | Indianapolis, IN | $2K | 2022 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN