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Schultze Foundation is a private corporation based in RYE BROOK, NY. The foundation received its IRS ruling in 2005. It holds total assets of $580K. Annual income is reported at N/A. Total assets have grown from $249K in 2011 to $466K in 2023. The foundation is governed by 1 officer or trustee. 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 2023. The foundation primarily funds organizations in New York and Connecticut. According to available records, Schultze Foundation has made 34 grants totaling $83K, with a median grant of $1K. The foundation has distributed between $18K and $26K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $26K distributed across 14 grants. Individual grants have ranged from $500 to $15K, with an average award of $2K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Connecticut, which account for 88% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$2K
Largest Grant
$7K
Based on 14 grants from the most recent 990-PF filing.
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.
Schultze Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in NY, NJ, CT.
Schultze Foundation has distributed a total of $83K across 34 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $500 to $15K.
Schultze Foundation typically selects its grantees rather than accepting unsolicited proposals.
Schultze Foundation is headquartered in RYE BROOK, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George Schultze | PRESIDENT | $0 | $0 | N/A |
Total Giving
$23K
Total Assets
$466K
Fair Market Value
$466K
Net Worth
$463K
Grants Paid
$19K
Contributions
$17K
Net Investment Income
N/A
Distribution Amount
$20K
Total: N/A
Total Grants
34
Total Giving
$83K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
20
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Resurrection School FoundationUNRESTRICTED | Rye, NY | $10K | 2023 |
| Good Counsel HomesUNRESTRICTED | Secaucus, NJ | $3K | 2023 |
| Don Bosco Community CenterUNRESTRICTED | Port Chester, NY | $2K | 2023 |
| Jay Heritage CenterUNRESTRICTED | Rye, NY | $1K | 2023 |
| Friends Of The Rye Nature CenterUNRESTRICTED | Rye, NY | $1K | 2023 |
| Sankaty Head FoundationUNRESTRICTED | Siaconset, MA | $1K | 2023 |
| Rye Historical SocietyUNRESTRICTED | Rye, NY | $1K | 2023 |
| Squash HavenUNRESTRIICTED | New Haven, CT | $850 | 2023 |
| Resurrection FoundationUNRESTRICTED | Rye, NY | $7K | 2022 |
| Cardinal'S AppealUNRESTRICTED | New York, NY | $3K | 2022 |
| City SquashUNRESTRICTED | Bronx, NY | $2K | 2022 |
| Mater SalvatorisUNRESTRICTED | Stamford, CT | $2K | 2022 |
| Gianna CenterUNRESTRICTED | New York, NY | $1K | 2022 |
| Part Of The SolutionUNRESTRICTED | Bronx, NY | $1K | 2022 |
| Wcc Caddy Scholarship FundUNRESTRICTED | Rye, NY | $1K | 2022 |
| Rye Nature CenterUNRESTRICTED | Rye, NY | $1K | 2022 |
| Rye Reading RoomUNRESTRICTED | Rye, NY | $500 | 2021 |
| Nat Pku AllianceUNRESTRICTED | Eau Claire, WI | $2K | 2020 |
| Carver CenterUNRESTRICTED | Port Chester, NY | $1K | 2020 |
| Part Of Solutions (Pots)UNRESTRICTED | Bronx, NY | $1K | 2020 |