Lisa and Michael Schultz Foundation Inc

ALBANY, NY EIN: 13-4092871

Lisa and Michael Schultz Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $4K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$4K

-92.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$4K

-92.3% YoY

Under IRS private-foundation payout rules, Lisa and Michael Schultz Foundation Inc reported a distributable amount of $12 for 2021 — the minimum it must pay out in qualifying distributions.

About Lisa and Michael Schultz Foundation Inc

Based on IRS filings

Lisa and Michael Schultz Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $4K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Albany

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14K$28K$42K$56K20202021
Metric20212020
Total Assets$3,669
Revenue$50,811
Expenses$3,669$47,615
Qualifying Distributions$3,669
Net Investment Income$10,405
Distributable Amount$12$539

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$23K$34K$46K1 grants20201 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2021

SEE ATTACHED LIST$4K

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include See Attached List ($3,500).

RecipientPurposeAmount
SEE ATTACHED LIST ALBANY, NYGENERAL CHARITABLE PURPOSES$3,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
LISA SCHULTZPRESIDENT1
LAWRENCE S BLUMBERGVICE PRESIDENT1
MICHAEL SCHULTZSECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lisa and Michael Schultz Foundation Inc?

Lisa and Michael Schultz Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. It holds — in total assets as of 2021.

Where does Lisa and Michael Schultz Foundation Inc operate?

Lisa and Michael Schultz Foundation Inc has awarded grants in New York.

What size grants does Lisa and Michael Schultz Foundation Inc award?

In 2021, Lisa and Michael Schultz Foundation Inc awarded 1 grants totaling $4K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Lisa and Michael Schultz Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Lisa and Michael Schultz Foundation Inc reported a distributable amount of $12 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lisa and Michael Schultz Foundation Inc's EIN?

Lisa and Michael Schultz Foundation Inc's EIN (Employer Identification Number) is 13-4092871. IRS Form 990 filing data is available on this page for 2020–2021.

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

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