Henry and Virginia Schulte Foundation
Henry and Virginia Schulte Foundation is a private foundation, based in Ballwin, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 8 grants totaling $66K. Net investment income was $67K.
Henry and Virginia Schulte Foundation at a glance
In short: Henry and Virginia Schulte Foundation gave $66K across 8 grants in 2024 (avg $8K), mostly in Missouri. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $66,000
- -5.7% vs 2023
- Grants made (2024)
- 8
- -20.0% vs 2023
- Average grant
- $8,250
- +17.9% vs 2023
- Median grant
- $8,000
- Total assets
- $1,222,291
- -1.9% vs 2023
- Primary geography
- Missouri (52% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Henry and Virginia Schulte Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was St Alban Roe Catholic School ($20K). Together the top 8 received $66K.
Grant Size Distribution
47 grants across all recorded years
The most common grant size was under $50K: 47 grants of 47 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How Henry and Virginia Schulte Foundation gives
- Giving held roughly steady from 2021 to 2024 (−12%). Method
- In 2024 it paid out 110% 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 2024, annual grant giving ranged from $66K (2024) to $75K (2021). In 2024 it made 8 grants totaling $66K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Alban Roe Catholic School Wildwood, MO | Ministries | $20,000 |
| Franciscans of the World Chicago, IL | Ministries | $15,000 |
| St Alban Roe Catholic Church Wildwood, MO | Ministries | $10,000 |
| Sisters of the Incarnate Word Brownsville, TX | Ministries | $8,000 |
| St Cecilia Catholic Church Los Fresnos, TX | Ministries | $8,000 |
| Kenrick Glennon Seminary St. Louis, MO | Ministries | $3,000 |
| Brownsville Community Fellowship Church Brownsville, TX | Ministries | $1,000 |
| Holy Infant Catholic Church Ballwin, MO | Ministries | $1,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,222,291 | $74,726 | $81,325 | $66,000 | 8 | $66,000 | $67,063 | $59,835 |
| 2023 | $1,246,245 | $63,420 | $86,470 | $70,000 | 10 | $70,000 | $4,654 | $61,478 |
| 2022 | $1,281,000 | $46,167 | $85,461 | $69,000 | 9 | $69,000 | — | $63,876 |
| 2021 | $1,334,684 | $51,777 | $91,390 | $75,000 | 10 | $75,000 | — | $67,456 |
| 2020 | $1,391,577 | $73,507 | $91,223 | $75,000 | 10 | — | — | $70,323 |
Under IRS private-foundation payout rules, Henry and Virginia Schulte Foundation reported a distributable amount of $60K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Henry and Virginia Schulte Foundation is led by John Stephen Randall Jr., Chairman & President on every filing since 2020; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
John Stephen Randall Jr.
Chairman & President
On filings since 2020
5 hrs/week
No compensation reported
Roger A. Boulware
Director
On filings since 2020
No compensation reported
Barbara D. Randall
Secretary & Treasurer
On filings since 2020
5 hrs/week
$13K (2023) → $13K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $13K, to Barbara D Randall (Secretary/Treasurer).
Frequently asked questions about Henry and Virginia Schulte Foundation
How much does Henry and Virginia Schulte Foundation give each year?
Henry and Virginia Schulte Foundation gave $66K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $70K across 10 grants.
What is Henry and Virginia Schulte Foundation's typical grant size?
Henry and Virginia Schulte Foundation's median grant in 2024 was $8,000, and its average grant was $8,250, across 8 grants on its 2024 IRS Form 990-PF.
Where does Henry and Virginia Schulte Foundation give grants?
Henry and Virginia Schulte Foundation gives mostly in Missouri: 52% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Texas (26%) and Illinois (23%). The most frequent recipient cities were Wildwood, MO (2 grants) and Brownsville, TX (2 grants).
Does Henry and Virginia Schulte Foundation give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on Henry and Virginia Schulte Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Ministries" (8 grants).
Who are Henry and Virginia Schulte Foundation's largest grantees?
Henry and Virginia Schulte Foundation's largest 2024 grantees include St Alban Roe Catholic School ($20,000), Franciscans of the World ($15,000) and St Alban Roe Catholic Church ($10,000), according to its 2024 IRS Form 990-PF. Together they received 68% of its itemized 2024 grant dollars.
How large is Henry and Virginia Schulte Foundation?
Henry and Virginia Schulte Foundation reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $66K in qualifying distributions that year, against a required minimum of $60K (roughly 5% of its investment assets).
What is Henry and Virginia Schulte Foundation's EIN?
Henry and Virginia Schulte Foundation's EIN (Employer Identification Number) is 74-2882225. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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