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Schultz Foundation Inc. is a private corporation based in JACKSONVILLE, FL. The foundation received its IRS ruling in 1965. The principal officer is Schultz Bldg. It holds total assets of $6M. Annual income is reported at $5.4M. Total assets have grown from $2.9M in 2011 to $6M in 2024. The foundation is governed by 6 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. According to available records, Schultz Foundation Inc. has made 4 grants totaling $698K, with a median grant of $174K. The foundation has distributed between $325K and $372K annually from 2021 to 2022. Individual grants have ranged from $163K to $186K, with an average award of $174K. Grant recipients are concentrated in Florida. 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 Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in FL.
Schultz Foundation Inc. has distributed a total of $698K across 4 grants. The median grant size is $174K, with an average of $174K. Individual grants have ranged from $163K to $186K.
Schultz Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Schultz Foundation Inc. is headquartered in JACKSONVILLE, FL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Frederick H Schultz Jr | FORMER VICE-PRESIDENT | $12K | $0 | $12K |
| Clifford G Schultz | PRESIDENT | $12K | $0 | $12K |
| Catherine Mcfarland | DIRECTOR | $11K | $0 | $11K |
| Bronwyn Kelley | VICE-PRESIDENT, TREASURER | $11K | $0 | $11K |
| Nancy R Schultz | FORMER DIRECTOR | $11K | $0 | $11K |
| Keegan Kelley | SECRETARY | $1K | $0 | $1K |
Total Giving
N/A
Total Assets
$6M
Fair Market Value
N/A
Net Worth
$6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$698K
Average Grant
$174K
Median Grant
$174K
Unique Recipients
1
Most Common Grant
$163K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached StatementEDUCATIONAL/PUBLIC | Jacksonville, FL | $163K | 2022 |