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Theodore And Catherine Schulte Foundation is a private trust based in MADISON, WI. The foundation received its IRS ruling in 1976. The principal officer is Johnson Bank. It holds total assets of $744K. Annual income is reported at $383K. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Wisconsin. According to available records, Theodore And Catherine Schulte Foundation has made 32 grants totaling $148K, with a median grant of $5K. The foundation has distributed between $35K and $41K annually from 2021 to 2024. Grantmaking activity was highest in 2022 with $41K distributed across 8 grants. Individual grants have ranged from $1K to $5K, with an average award of $5K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Wisconsin. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$5K
Based on 8 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.
Theodore And Catherine Schulte Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in WI.
Theodore And Catherine Schulte Foundation has distributed a total of $148K across 32 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $1K to $5K.
Theodore And Catherine Schulte Foundation typically selects its grantees rather than accepting unsolicited proposals.
Theodore And Catherine Schulte Foundation is headquartered in MADISON, WI.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Johnson Bank | TRUSTEE | $9K | $0 | $9K |
| Wyant Law Offices Sc | TRUSTEE | $2K | $0 | $2K |
Total Giving
$48K
Total Assets
$692K
Fair Market Value
$764K
Net Worth
$669K
Grants Paid
$38K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$38K
Total: $660K
Total Grants
32
Total Giving
$148K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
8
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rev Terrance John HuebnerFINANCIAL SUPPORT | Sturtevant, WI | $5K | 2024 |
| Rev Richard J MolterFINANCIAL SUPPORT | Racine, WI | $5K | 2024 |
| Rev Jeffrey M ThielenFINANCIAL SUPPORT | Racine, WI | $5K | 2024 |
| Rev Allen James BratkowskiFINANCIAL SUPPORT | Kenosha, WI | $5K | 2024 |
| Rev Kenneth A MichFINANCIAL SUPPORT | Racine, WI | $5K | 2024 |
| Rev William J DietzlerFINANCIAL SUPPORT | Kenosha, WI | $5K | 2024 |
| Rev Ronald J GramzaFINANCIAL SUPPORT | Greenfield, WI | $5K | 2024 |
| Rev Ronald O CreweFINANCIAL SUPPORT | Racine, WI | $1K | 2024 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI