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Schultz Family Foundation is a private corporation based in JACKSON, MI. The foundation received its IRS ruling in 2022. It holds total assets of $519K. Annual income is reported at $138K. 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 2022 to 2023. According to available records, Schultz Family Foundation has made 2 grants totaling $5K, with a median grant of $3K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
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.
Schultz Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in MI.
Schultz Family Foundation has distributed a total of $5K across 2 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $3K to $3K.
Schultz Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Schultz Family Foundation is headquartered in JACKSON, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lawrence Schultz | PRESIDENT | $0 | $0 | N/A |
| Marie Schultz | TRUSTEE | $0 | $0 | N/A |
| Michael Robbins | SECRETARY/TREASURER | $0 | $0 | N/A |
Total Giving
$6K
Total Assets
$508K
Fair Market Value
$519K
Net Worth
$508K
Grants Paid
$5K
Contributions
N/A
Net Investment Income
$14K
Distribution Amount
$25K
Total: $492K
Total Grants
2
Total Giving
$5K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
2
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Holy Rosary ChurchGENERAL SUPPORT | Cedar, MI | $3K | 2023 |
| Grand Traverse Regional Land ConservancyGENERAL SUPPORT | Traverse City, MI | $3K | 2023 |