Helen D Schulte Trust
Helen D Schulte Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $19.9M in total assets. In 2026, it awarded 2 grants totaling $1.4M. Net investment income was $1.5M.
Helen D Schulte Trust at a glance
In short: Helen D Schulte Trust gave $1.4M across 2 grants in 2026 (avg $678K), mostly in Illinois. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $1,355,234
- +25.5% vs 2025
- Grants made (2026)
- 2
- +0.0% vs 2025
- Average grant
- $677,617
- +25.5% vs 2025
- Median grant
- $677,617
- Total assets
- $19,947,007
- +3.5% vs 2025
- Primary geography
- Illinois (50% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Helen D Schulte Trust funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2026
The largest 2026 recipient was Parkview Home ($678K). Together the top 2 received $1.4M.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $500K–1M range: 8 grants of 10 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 2 itemized grants.
Cities
How Helen D Schulte Trust gives
- Giving grew 33% from 2023 to 2026. Method
- In 2026 it paid out 111% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2026, annual grant giving ranged from $868K (2021) to $1.4M (2026). In 2026 it made 2 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Parkview Home Freeport, IL | Unrestricted General | $677,617 |
| University of Wisconsin Madison, WI | Unrestricted General | $677,617 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $19,947,007 | $1,652,553 | $1,583,081 | $1,355,234 | 2 | $1,428,688 | $1,536,088 | $1,290,401 |
| 2025 | $19,266,196 | $1,605,224 | $1,300,067 | $1,079,970 | 2 | $1,148,217 | $1,472,172 | $1,184,208 |
| 2024 | $19,038,328 | $678,568 | $1,118,914 | $939,568 | 2 | $1,001,100 | $532,768 | $1,082,121 |
| 2023 | $19,274,598 | $343,160 | $1,184,797 | $1,015,230 | 2 | $1,073,229 | $443,547 | $1,032,292 |
| 2022 | $20,073,953 | $2,636,242 | $1,504,489 | $1,261,362 | 2 | $1,326,625 | $2,553,017 | $1,191,416 |
| 2021 | $20,168,946 | $1,080,203 | $1,032,463 | $868,496 | 2 | — | $928,425 | $1,089,412 |
| 2020 | $18,865,935 | $1,041,021 | $1,121,304 | $943,660 | 2 | — | $942,635 | $992,752 |
Under IRS private-foundation payout rules, Helen D Schulte Trust reported a distributable amount of $1.3M for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Helen D Schulte Trust's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).
Officers on the 2026 filing
Bank Of America
Trustee
On filings since 2022
1 hr/week
$162K (2022) → $182K (2026)
Former officers (1)
- Former: Bank of America N A (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $182K, to Bank of America (Trustee).
Frequently asked questions about Helen D Schulte Trust
How much does Helen D Schulte Trust give each year?
Helen D Schulte Trust gave $1.4M across 2 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $1.1M across 2 grants.
How large is Helen D Schulte Trust?
Helen D Schulte Trust reported $19.9M in total assets on its 2026 IRS Form 990-PF. It paid out $1.4M in qualifying distributions that year, against a required minimum of $1.3M (roughly 5% of its investment assets).
Where does Helen D Schulte Trust operate?
Helen D Schulte Trust has awarded grants in Illinois, Wisconsin.
What is Helen D Schulte Trust's EIN?
Helen D Schulte Trust's EIN (Employer Identification Number) is 36-6459927. IRS Form 990 filing data is available on this page for 2020–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 22, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 19, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 6, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 31, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 30, 2024)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 5, 2025)
- Added Form 990-PF for fiscal year 2026 (received by the IRS August 25, 2026)
- IRS filings on file for fiscal years 2020–2024
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