Gwendolyn Schultz Charitable Trust

CHICAGO, IL EIN: 81-7073564

Gwendolyn Schultz Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grants totaling $54K. Net investment income was $86K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

+1.8% YoY

Annual Giving

$54K

-7.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$54K

-7.1% YoY

Under IRS private-foundation payout rules, Gwendolyn Schultz Charitable Trust reported a distributable amount of $66K for 2024 — the minimum it must pay out in qualifying distributions.

About Gwendolyn Schultz Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

District of Columbia $134K (54%)

Wisconsin $112K (46%)

States

District of Columbia Wisconsin

Cities

MuskegoOconomowocWashington Dc

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,194,111	$1,172,535	$1,185,440
Revenue	$95,489	$61,781	$18,572
Expenses	$73,521	$74,686	$82,611
Qualifying Distributions	$63,020	$66,126	$71,872
Net Investment Income	$86,161	$51,361	$18,354
Distributable Amount	$66,289	$62,017	$65,858

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Gfwc of Wisconsin Inc ($54,102).

Recipient	Purpose	Amount
GFWC OF WISCONSIN INC MUSKEGO, WI	PROGRAM SUPPORT	$54,102

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BMO BANK N A	TRUSTEE	1	$17,335

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Gwendolyn Schultz Charitable Trust?

Gwendolyn Schultz Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $1.2M in total assets as of 2024.

How large is Gwendolyn Schultz Charitable Trust?

As of 2024, Gwendolyn Schultz Charitable Trust holds $1.2M in total assets with $95K in annual revenue. It awarded 1 grants totaling $54K in 2024.

Where does Gwendolyn Schultz Charitable Trust operate?

Gwendolyn Schultz Charitable Trust has awarded grants in District of Columbia, Wisconsin.

What size grants does Gwendolyn Schultz Charitable Trust award?

In 2024, Gwendolyn Schultz Charitable Trust awarded 1 grants totaling $54K — an average of about $54K per grant, based on its IRS Form 990 filings.

How much is Gwendolyn Schultz Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gwendolyn Schultz Charitable Trust reported a distributable amount of $66K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gwendolyn Schultz Charitable Trust's EIN?

Gwendolyn Schultz Charitable Trust's EIN (Employer Identification Number) is 81-7073564. IRS Form 990 filing data is available on this page for 2020–2024.