Herbert H and Olive D Schumann
Herbert H and Olive D Schumann is a private foundation focused on Human Services, based in Hackensack, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $142K in total assets. In 2025, it awarded 4 grants totaling $7K. Net investment income was $9K.
Herbert H and Olive D Schumann at a glance
In short: Herbert H and Olive D Schumann gave $7K across 4 grants in 2025 (avg $2K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $7,200
- +123.3% vs 2024
- Grants made (2025)
- 4
- -20.0% vs 2024
- Average grant
- $1,800
- +179.1% vs 2024
- Median grant
- $2,250
- Total assets
- $141,585
- +1.3% vs 2024
- Primary geography
- New Jersey (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Herbert H and Olive D Schumann funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Friends of Secaucus Annual Shelter ($3K). Together the top 4 received $7K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Herbert H and Olive D Schumann gives
- In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2025, annual grant giving ranged from $200 (2023) to $7K (2025). In 2025 it made 4 grants totaling $7K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Friends of Secaucus Annual Shelter Secaucus, NJ | Food and Shelter | $2,500 |
| Secaucus Emergency Fund Secaucus, NJ | Public Assistance | $2,500 |
| Friends of Secaucus Public Library Secaucus, NJ | General Library Expenses | $2,000 |
| Episcopal Church of Our Saviour Secaucus, NJ | Altar Flower Memorials | $200 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $141,585 | $8,957 | $7,369 | $7,200 | 4 | $7,200 | $9,072 | $7,737 |
| 2024 | $139,799 | $9,136 | $3,362 | $3,225 | 5 | $3,225 | $8,999 | $7,320 |
| 2023 | $134,358 | $8,061 | $313 | $200 | 1 | $200 | $7,948 | $6,484 |
| 2022 | $127,399 | $7,995 | $125 | — | — | — | $7,969 | $6,494 |
| 2021 | $121,038 | $7,153 | $66 | — | — | $66 | $7,087 | $6,241 |
| 2020 | $112,887 | $13,971 | $5,673 | $5,634 | 1 | — | $5,215 | $4,758 |
Under IRS private-foundation payout rules, Herbert H and Olive D Schumann reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Herbert H and Olive D Schumann is led by Paul D. Schumann, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Paul D. Schumann
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Herbert H and Olive D Schumann
How much does Herbert H and Olive D Schumann give each year?
Herbert H and Olive D Schumann gave $7K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3K across 5 grants.
What is Herbert H and Olive D Schumann's typical grant size?
Herbert H and Olive D Schumann's median grant in 2025 was $2,250, and its average grant was $1,800, across 4 grants on its 2025 IRS Form 990-PF.
Where does Herbert H and Olive D Schumann give grants?
Herbert H and Olive D Schumann gives mostly in New Jersey: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Secaucus, NJ (4 grants).
Does Herbert H and Olive D Schumann give general operating support?
Yes: 25% of Herbert H and Olive D Schumann's 2025 grants with a stated purpose (1 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Herbert H and Olive D Schumann?
Herbert H and Olive D Schumann reported $142K in total assets on its 2025 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Herbert H and Olive D Schumann?
Herbert H and Olive D Schumann is a private foundation focused on Human Services, based in Hackensack, NJ. It holds $142K in total assets as of 2025.
What is Herbert H and Olive D Schumann's EIN?
Herbert H and Olive D Schumann's EIN (Employer Identification Number) is 46-7320864. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 22, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 24, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 20, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 3, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 17, 2026)
- IRS filings on file for fiscal years 2020–2025
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