Arthur B Schultz Foundation
The Arthur B Schultz Foundation is a private foundation established in 1985, based in Lander, Wyoming. It is a sunsetting foundation applying all of its resources toward advancing opportunities for women and people with physical disabilities through partnerships with grassroots organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.8M
-9.0% YoY
Annual Giving
$352K
-9.1% YoY
Grant Count
41
+32.3% YoY
Avg Grant Size
$9K
-31.3% YoY
Mission & Focus Areas
Mission: Advancing opportunities for women and people with physical disabilities.
The foundation partners with grassroots organizations primarily in East Africa and Central America, focusing on:
- Education, Leadership & Life Skills – Investing in high-quality education, leadership, and life skills for girls, women, and people with disabilities to support healthy families, communities, and sustainable economic growth
- Disability Inclusion – Addressing the need for mobility devices and inclusion initiatives for individuals with physical disabilities in the developing world
- Entrepreneurship – Supporting solutions out of poverty through innovative entrepreneurship and vocational training opportunities specifically for women
- Advocacy – Supporting advocacy efforts for adolescent girls, women, and people with disabilities
The foundation's endowment is 100% mission and values-aligned and includes select U.S. and global social enterprises.
Grantmaking
The foundation employs trust-based philanthropy practices, focusing on relationship-building and streamlined processes.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- East Africa (particularly northern Kenya)
- Central America
- United States (with primary focus in California and Massachusetts)
Grantmaking reaches organizations across 10 states, with significant activity in Colorado, California, and Massachusetts.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Data (2023):
- Total assets: $6,402,599
- Total revenues: $321,955
- Total expenses: $756,248
- Number of employees: 0
Historical Asset Growth:
- Assets grew from $3.6 million in 2010 to $5.8 million in 2024
2020 Data:
- Fair market value of all assets: $8,515,075
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,824,135 | $6,402,599 | $6,861,610 |
| Revenue | $244,149 | $321,955 | $515,854 |
| Expenses | $821,680 | $756,248 | $853,948 |
| Qualifying Distributions | $674,414 | $866,321 | $829,439 |
| Net Investment Income | $153,627 | $175,840 | $351,760 |
| Distributable Amount | $372,635 | $382,504 | $482,218 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
191 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Arthur B. Schultz – Chairman Emeritus, Founder (1926–2020, in memoriam). Founded ABSF in 1985 and was instrumental in shaping the foundation's vision and providing resources for its work.
- Rachael K. Richards – Executive Director
- Erik Schultz – Team member
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Rachael Knapp Richards | Executive Dir. | 30 | $163,062 |
| Erik Schultz | Treasurer | 1 | — |
| Tale Finnanger | Chairman | 1 | $1,500 |
| Shanu Bashuna | Director | 1 | $1,500 |
| Preben Schultz | Director | 1 | — |
Contact Information
- Address: PO Box 1570, Lander, WY 82520-1570
- Phone: 307-714-5665
- Website: www.absfoundation.org
- EIN: 95-3980014
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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