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The Schellman Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is % Foundation Source. It holds total assets of $26.5M. Annual income is reported at $8.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Schellman Family Foundation has made 4 grants totaling $1.7M, with a median grant of $375K. Annual giving has grown from $500K in 2022 to $1.2M in 2023. Individual grants have ranged from $250K to $682K, with an average award of $421K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Massachusetts and Connecticut. Contributions to this foundation are tax-deductible.
The Schellman Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MA, CT.
The Schellman Family Foundation has distributed a total of $1.7M across 4 grants. The median grant size is $375K, with an average of $421K. Individual grants have ranged from $250K to $682K.
The Schellman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Schellman Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christopher L Schellman | Dir, Pres, Sec, Treas | $0 | $0 | $0 |
| Lauren Gonzmart Schellman | Dir, VP | $0 | $0 | $0 |
Total Giving
$1.3M
Total Assets
$26.6M
Fair Market Value
$29.2M
Net Worth
$26.6M
Grants Paid
$1.2M
Contributions
$0
Net Investment Income
$796K
Distribution Amount
$1.4M
Total Grants
4
Total Giving
$1.7M
Average Grant
$421K
Median Grant
$375K
Unique Recipients
2
Most Common Grant
$250K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity Investments Charitable Gift FundChris and Lauren Schellman Giving Fund (SEE ATTACHED GENERAL EXPLANATION) | Boston, MA | $682K | 2023 |
| Knights Of Columbus Charitable Fund IncGeneral & Unrestricted | New Haven, CT | $250K | 2022 |
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