Brooks Schulte Family Foundation Inc

BOCA RATON, FL EIN: 20-1978027

Brooks Schulte Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $684K in total assets. In 2025, it awarded 8 grants totaling $72K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$684K

-11.3% YoY

Annual Giving

$72K

+384.2% YoY

Grant Count

8

+300.0% YoY

Avg Grant Size

$9K

+21.1% YoY

Under IRS private-foundation payout rules, Brooks Schulte Family Foundation Inc reported a distributable amount of $58K for 2025 — the minimum it must pay out in qualifying distributions.

About Brooks Schulte Family Foundation Inc

Based on IRS filings

Brooks Schulte Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $684K in total assets. In 2025, it awarded 8 grants totaling $72K.

Ready to take the next step with Brooks Schulte Family Foundation Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

BethesdaBoca RatonChicagoDallasEvanstonGlen HeadHauppaugeLathamLouisvilleNe Th AveNew YorkResedaRoslyn HarborSands PointSunriseValentines LaneWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$35K$70K$104K$139K20212022202320242025
Metric202520242023
Total Assets$684,013$771,356$790,117
Revenue$21,446$23,846$28,834
Expenses$112,083$73,473$95,734
Qualifying Distributions$71,737$14,815$42,301
Net Investment Income$24,036$33,182
Distributable Amount$57,564$52,007$52,850

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$36K$54K$72K8 grants20219 grants20225 grants20232 grants20248 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

BNAI Torah Congregation$26KNorthwestern University$25KMSK Giving (Memorial Slo…$10KLaw Rocks$5KAmerican Heart Association$5KThe Green Vale School$1KJAFCO Children's Ability…$154Beit Halochem USA-Friend…$100

Grant Size Distribution

32 grants across all recorded years

32<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include BNAI Torah Congregation ($25,504), Northwestern University ($25,000), MSK Giving (Memorial Sloan Kettering Cancer Center) ($10,000).

RecipientPurposeAmount
BNAI Torah Congregation Boca Raton, FLSupportive Programs$25,504
Northwestern University Evanston, ILSupportive Programs$25,000
The Green Vale School Glen Head, NYSupportive Programs$1,000
American Heart Association Dallas, TXSupportive Programs$4,766
Beit Halochem USA-Friends of Israel Disabled Veterans New York, NYSupportive Programs$100
JAFCO Children's Ability Center Sunrise, FLSupportive Programs$154
Law Rocks Reseda, CASupportive Programs$5,213
MSK Giving (Memorial Sloan Kettering Cancer Center) New York, NYSupportive Programs$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
Lindsay SchultePresident9
David SchwagerSec/Treasurer

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Brooks Schulte Family Foundation Inc?

Brooks Schulte Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. It holds $684K in total assets as of 2025.

How large is Brooks Schulte Family Foundation Inc?

As of 2025, Brooks Schulte Family Foundation Inc holds $684K in total assets with $21K in annual revenue. It awarded 8 grants totaling $72K in 2025.

Where does Brooks Schulte Family Foundation Inc operate?

Brooks Schulte Family Foundation Inc has awarded grants in California, Colorado, District of Columbia, Florida, Illinois, Maryland, New York, Texas.

What size grants does Brooks Schulte Family Foundation Inc award?

In 2025, Brooks Schulte Family Foundation Inc awarded 8 grants totaling $72K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Brooks Schulte Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Brooks Schulte Family Foundation Inc reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Brooks Schulte Family Foundation Inc's EIN?

Brooks Schulte Family Foundation Inc's EIN (Employer Identification Number) is 20-1978027. IRS Form 990 filing data is available on this page for 2021–2025.

Explore Open Grants

Browse active grant opportunities in Brooks Schulte Family Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

What could you do with Brooks Schulte Family Foundation Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Brooks Schulte Family Foundation Inc to a real strategy.

Plan your approach