Madeline & Arnold Schuster Foundation Inc

Private foundation · Grantmaker Palm Beach, FL EIN: 85-4125921

Madeline & Arnold Schuster Foundation Inc is a private foundation, based in Palm Beach, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $875K in total assets. In 2025, it awarded 5 grants totaling $57K. Net investment income was $56K.

Key facts about Madeline & Arnold Schuster Foundation Inc

In short: Madeline & Arnold Schuster Foundation Inc gave $57K across 5 grants in 2025 (avg $11K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
85-4125921
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$56,500
Grants made (2025)
5
Average grant
$11,300
Median grant
$6,000
Total assets
$874,751
Primary geography
Florida (95% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$875K

-0.0% YoY

Annual Giving

$57K

-15.8% YoY

Grant Count

5

-16.7% YoY

Avg Grant Size

$11K

+1.0% YoY

Under IRS private-foundation payout rules, Madeline & Arnold Schuster Foundation Inc reported a distributable amount of $47K for 2025 — the minimum it must pay out in qualifying distributions.

How Madeline & Arnold Schuster Foundation Inc gives

  • Giving grew 93% from 2022 to 2025. Method
  • In 2025 it paid out 135% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with Madeline & Arnold Schuster Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

West Palm BeachMiami BeachLenoxBoca RatonBostonBrooklynLantanaPittsfield

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants2020 7 grants2021 6 grants2022 5 grants2023 6 grants2024 5 grants2025

From 2021 to 2025, annual grant giving ranged from $23K (2021) to $67K (2024). In 2025 it made 5 grants totaling $57K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Jewish Federation of Palm Beach County: $25KJewish Federation of PalmBeach County$25KPalm Beach Dramaworks: $18KPalm Beach Dramaworks$18KPalm Beach Opera Inc: $6KPalm Beach Opera Inc$6KRaymonf F Kravis Center for the Preforming Arts: $5KRaymonf F Kravis Center forthe Preforming Arts$5KTanglewood: $3KTanglewood$3K

The largest 2025 recipient was Jewish Federation of Palm Beach County ($25K). Together the top 5 received $57K.

Grant Size Distribution

29 grants across all recorded years

28<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 28 grants of 29 (97%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Jewish Federation of Palm Beach County West Palm Beach, FLGeneral$25,000
Palm Beach Dramaworks West Palm Beach, FLGeneral$17,500
Palm Beach Opera Inc West Palm Beach, FLGeneral$6,000
Raymonf F Kravis Center for the Preforming Arts West Palm Beach, FLGeneral$5,000
Tanglewood Lenox, MAGeneral$3,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$874,751$875,132$896,805
Revenue$63,013$33,550$31,969
Expenses$63,764$74,655$57,195
Qualifying Distributions$63,764$75,255$43,500
Net Investment Income$55,749$26,344$31,393
Distributable Amount$47,243$50,394$48,603

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 30, 2023)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 30, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 27, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS June 3, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)

Leadership & Key People

Officers and directors from IRS filings

Madeline & Arnold Schuster Foundation Inc is led by Madeline Schuster, President & Treasurer on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Madeline Schuster

    President & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ralph E. Lerner

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Arnold Schuster

    Vice President

    Vice President & Secretary → Vice President, 2023

    On filings since 2020

    1 hr/week

    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 Madeline & Arnold Schuster Foundation Inc

How much does Madeline & Arnold Schuster Foundation Inc give each year?

Madeline & Arnold Schuster Foundation Inc gave $57K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $67K across 6 grants.

What is Madeline & Arnold Schuster Foundation Inc's typical grant size?

Madeline & Arnold Schuster Foundation Inc's median grant in 2025 was $6,000, and its average grant was $11,300, across 5 grants on its 2025 IRS Form 990-PF.

Where does Madeline & Arnold Schuster Foundation Inc give grants?

Madeline & Arnold Schuster Foundation Inc gives mostly in Florida: 95% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (5%). The most frequent recipient cities were West Palm Beach, FL (4 grants).

Does Madeline & Arnold Schuster Foundation Inc give general operating support?

Yes: 100% of Madeline & Arnold Schuster Foundation Inc's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Madeline & Arnold Schuster Foundation Inc's largest grantees?

Madeline & Arnold Schuster Foundation Inc's largest 2025 grantees include Jewish Federation of Palm Beach County ($25,000), Palm Beach Dramaworks ($17,500) and Palm Beach Opera Inc ($6,000), according to its 2025 IRS Form 990-PF. Together they received 86% of its itemized 2025 grant dollars.

How large is Madeline & Arnold Schuster Foundation Inc?

Madeline & Arnold Schuster Foundation Inc reported $875K in total assets on its 2025 IRS Form 990-PF. It paid out $64K in qualifying distributions that year, against a required minimum of $47K (roughly 5% of its investment assets).

What is Madeline & Arnold Schuster Foundation Inc's EIN?

Madeline & Arnold Schuster Foundation Inc's EIN (Employer Identification Number) is 85-4125921. 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.

Your AI grants department

Here's the math on researching Madeline & Arnold Schuster Foundation Inc by hand.

Explore Open Grants

Browse active grant opportunities in Madeline & Arnold Schuster Foundation Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Hirsch-Schwartz Foundation

Palm Beach, FL

Philanthropy, Voluntarism & Grantmaking

Assets

—

Grants

4

Total Given

$497K

Community Foundation for Palm Beach and Martin Counties Inc

West Palm Beach, FL

The Foundation funds nonprofits working in Palm Beach and Martin Counties, or projects that directly benefit residents there, with priorities including capacity building, economic opportunity, education and youth, thriving communities, and crisis response. Its 2024 grants had a median of $30,000, though awards ranged widely, and it accepts unsolicited requests through a competitive process that begins with a Letter of Inquiry.

Philanthropy, Voluntarism & Grantmaking

Assets

$293.4M

Grants

421

Total Given

$26.5M

High Five Foundation II

Woodmere, NY

Philanthropy, Voluntarism & Grantmaking

Assets

$6.9M

Grants

116

Total Given

$396K

Reynolds Family Foundation

Wilmington, DE

The Reynolds Family Foundation supports a varied mix of child and family services, education, reproductive health, and other organizations, with 2024 grants concentrated in Florida, Illinois, Washington, DC, and California. Its grants ranged from $500 to $500,000, with a median of $5,000. No application process is specified, so it is unclear whether it accepts unsolicited requests.

Assets

—

Grants

95

Total Given

$3.1M

TD Charitable Foundation

Portland, ME

The foundation funds education, human services, housing and financial stability, nonprofit capacity-building, and community programs, with particular consideration for underserved and low- to moderate-income communities. Its stated award range is $135–$475,000, though the 2025 median grant was $10,000; it focuses primarily on Florida, New Jersey, and New York. It accepts unsolicited requests through online applications from eligible 501(c)(3) public charities in states with a TD Bank, N.A. branch.

Philanthropy, Voluntarism & Grantmaking

Assets

$9.1M

Grants

1,003

Total Given

$24.9M

Publix Super Markets Charities Inc

Lakeland, FL

Publix Super Markets Charities supports nonprofits addressing hunger, homelessness and housing, youth, education, and community needs in Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Virginia, and Kentucky. Its 2024 median grant was $2,500, though awards ranged widely; it accepts online requests from eligible organizations, with application periods varying by program.

Assets

$233.8M

Grants

3,269

Total Given

$52.5M

The Community Foundation for Northeast Florida Inc

Jacksonville, FL

The Community Foundation for Northeast Florida supports nonprofits and civic work in Duval, St. Johns, Nassau, Baker, Clay, and Putnam counties, with interests including neighborhoods, education, aging adults, arts, women and girls, young children, and early literacy. Its 2024 grants had a median of $5,000, though amounts varied widely; most donor-advised grants are not open to applications, but eligible nonprofits can apply through competitive programs when application windows are open.

Philanthropy, Voluntarism & Grantmaking

Assets

$708.7M

Grants

2,470

Total Given

$78.0M

Community Foundation of Tampa Bay Inc

Tampa, FL

The Community Foundation of Tampa Bay funds nonprofits addressing economic opportunity, environmental sustainability, health, education, and community vitality in Hillsborough, Pinellas, Pasco, Hernando, and Citrus counties. Its annual competitive grants are typically $10,000–$50,000; it also accepts year-round requests for urgent, unforeseen needs of up to $250,000. Apply through the relevant grant opportunity; the profile does not state whether general unsolicited requests are accepted.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.0B

Grants

698

Total Given

$54.3M

Gulf Coast Community Foundation Inc

Venice, FL

Gulf Coast Community Foundation funds arts and culture, civic and economic development, education, the environment, health and human services, and disaster response, with a focus on its Florida service area. Community grants provide up to $25,000 per organization per fiscal year; larger catalytic grants are available, and 2025 grants had a median of $16,251. It accepts unsolicited requests through scheduled Community Grant cycles; catalytic grants start with a letter of inquiry, and initiative grants are by invitation only.

Philanthropy, Voluntarism & Grantmaking

Assets

$533.7M

Grants

651

Total Given

$45.0M

Early Learning Coalition of Broward County Inc

Fort Lauderdale, FL

The Early Learning Coalition of Broward funds child care reimbursement and early-learning providers, including programs supporting child care and preschool, primarily in Broward County, Florida. Its 2025 grants ranged from $5,127 to $3,994,863, with a median of $158,921. The profile does not state whether it accepts unsolicited requests.

Human Services

Assets

$15.9M

Grants

636

Total Given

$152.2M

Leslie L Alexander Foundation Inc

Delray Beach, FL

The Leslie L Alexander Foundation supports animal rescue, education, children’s services, and other charitable work. In 2024, grants ranged from $600 to $1 million, with a median of $35,000; giving was concentrated in Florida and Texas, with awards also made elsewhere. It gives only to preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$291.4M

Grants

622

Total Given

$28.4M

CSX Foundation Inc

Jacksonville, FL

Philanthropy, Voluntarism & Grantmaking

Assets

$9.7M

Grants

607

Total Given

$13.7M

More Funders in Florida

Madeline & Arnold Schuster Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?