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Schulte Family Charitable Foundation is a private corporation based in MACOMB, MI. The foundation received its IRS ruling in 2016. The principal officer is % Frank Schulte. It holds total assets of $5M. Annual income is reported at $128K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Schulte Family Charitable Foundation has made 9 grants totaling $297K, with a median grant of $10K. Annual giving has decreased from $195K in 2021 to $102K in 2022. Individual grants have ranged from $5K to $150K, with an average award of $33K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Michigan and Florida. Contributions to this foundation are tax-deductible.
Schulte Family Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in MI, FL.
Schulte Family Charitable Foundation has distributed a total of $297K across 9 grants. The median grant size is $10K, with an average of $33K. Individual grants have ranged from $5K to $150K.
Schulte Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Schulte Family Charitable Foundation is headquartered in MACOMB, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara Kondratko | DIRECTOR, SECRETARY | $30K | $0 | $30K |
| Frank Schulte Jr | PRESIDENT, DIRECTOR, TREAS | $30K | $0 | $30K |
| Travis Birdsong | DIRECTOR | $0 | $0 | $0 |
| Claudia Schulte | DIRECTOR | $0 | $0 | $0 |
Total Giving
$215K
Total Assets
$5.1M
Fair Market Value
$5.2M
Net Worth
$5.1M
Grants Paid
$150K
Contributions
$0
Net Investment Income
$144K
Distribution Amount
$189K
Total Grants
9
Total Giving
$297K
Average Grant
$33K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL OPERATING SUPPORT | Southfield, MI | $5K | 2022 |
| Angels' PlaceGENERAL OPERATING SUPPORT | Southfield, MI | $36K | 2022 |
| Yad EzraGENERAL OPERATING SUPPORT | Berkley, MI | $10K | 2022 |
| St Mary Heart & StoneGENERAL OPERATING SUPPORT | Mt Clemens, MI | $40K | 2021 |
| Florida Sheriffs Youth Ranches IncGENERAL OPERATING SUPPORT | Live Oak, FL |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| $5K |
| 2021 |
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