Benjamin D and Ruby G Schulman

BOSTON, MA EIN: 04-2585160

Benjamin D and Ruby G Schulman is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.1M in total assets. In 2024, it awarded 8 grants totaling $780K. Net investment income was $1.0M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.1M

+40.0% YoY

Annual Giving

$780K

-16.1% YoY

Grant Count

8

+33.3% YoY

Avg Grant Size

$98K

-37.1% YoY

About Benjamin D and Ruby G Schulman

Based on IRS filings

Benjamin D and Ruby G Schulman is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.1M in total assets. In 2024, it awarded 8 grants totaling $780K. Net investment income was $1.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AieaBostonCarlsbadFall RiverNashvilleStanfordWaltham

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$19,108,392$13,645,956$11,693,774
Revenue$7,267,224$3,890,758$6,426,243
Expenses$1,279,505$2,182,533$885,766
Qualifying Distributions$823,409$930,000$565,000
Net Investment Income$1,013,318$227,851
Distributable Amount$882,821$639,635$433,097

Giving Over Time

Total grant dollars and number of grants per year

$0$233K$465K$698K$930K3 grants20204 grants20213 grants20226 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

JEWISH FAMILY & CHILDREN…$400KVANDERBILT HILLEL$280KNORTHEASTERN UNIVERSITY$50KUSS MASSACHUSETTS MEMORI…$10KUSS MISSOURI MEMORIAL AS…$10KWINSOR SCHOOL$10KCARLSBAD LIBRARY AND ART…$10KSTANFORD UNIVERSITY$10K

Grant Size Distribution

24 grants across all recorded years

13<$50K3$50–100K3$100–250K5$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEVEN C GOODWINTRUSTEE1
KAREN SCHULMANTRUSTEE1
FRANCIS A DIGIOVANNATRUSTEE1

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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