Patricia and David Schulte Foundation
Patricia and David Schulte Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14K in total assets. In 2024, it awarded 17 grants totaling $13K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14K
-40.4% YoY
Annual Giving
$13K
+0.0% YoY
Grant Count
17
-10.5% YoY
Avg Grant Size
$764.765
+11.8% YoY
Under IRS private-foundation payout rules, Patricia and David Schulte Foundation reported a distributable amount of $920 for 2024 — the minimum it must pay out in qualifying distributions.
About Patricia and David Schulte Foundation
Based on IRS filings
Patricia and David Schulte Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14K in total assets. In 2024, it awarded 17 grants totaling $13K. Net investment income was $9K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,540 | $22,710 | $29,380 |
| Revenue | $4,570 | $6,981 | $-12,796 |
| Expenses | $13,726 | $13,651 | $43,502 |
| Qualifying Distributions | $13,476 | $13,651 | $43,502 |
| Net Investment Income | $8,699 | $7,089 | $16,223 |
| Distributable Amount | $920 | $2,130 | $3,464 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
90 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ryan Licht Sang Bipolar Foundation Inc ($3,250), Jewish United Fund ($3,000), Center for Independence ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS NEW YORK, NY | UNRESTRICTED | $500 |
| CENTER FOR INDEPENDENCE COUNTRYSIDE, IL | UNRESTRICTED | $1,000 |
| CHICAGO SHAKESPEARE THEATER CHICAGO, IL | UNRESTRICTED | $1,000 |
| EAGLEBROOK SCHOOL DEERFIELD, MA | UNRESTRICTED | $500 |
| JEWISH UNITED FUND CHICAGO, IL | UNRESTRICTED | $3,000 |
| MAKE-A-WISH ILLINOIS CHICAGO, IL | UNRESTRICTED | $100 |
| NEW SKETE MONASTERIES INC CAMBRIDGE, NY | UNRESTRICTED | $500 |
| PAWS FOR PURPLE HEARTS PENNGROVE, CA | UNRESTRICTED | $250 |
| RYAN LICHT SANG BIPOLAR FOUNDATION INC CHICAGO, IL | UNRESTRICTED | $3,250 |
| SMART LOVE FAMILY SERVICES CHICAGO, IL | UNRESTRICTED | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID M SCHULTE | DIRECTOR | 0.2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Patricia and David Schulte Foundation?
Patricia and David Schulte Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $14K in total assets as of 2024.
How large is Patricia and David Schulte Foundation?
As of 2024, Patricia and David Schulte Foundation holds $14K in total assets with $5K in annual revenue. It awarded 17 grants totaling $13K in 2024.
Where does Patricia and David Schulte Foundation operate?
Patricia and David Schulte Foundation has awarded grants in Arizona, California, Connecticut, Florida, Georgia, Illinois, Massachusetts, Michigan, Minnesota, New Jersey, New York, Tennessee, Texas.
What size grants does Patricia and David Schulte Foundation award?
In 2024, Patricia and David Schulte Foundation awarded 17 grants totaling $13K — an average of about $764.765 per grant, based on its IRS Form 990 filings.
How much is Patricia and David Schulte Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Patricia and David Schulte Foundation reported a distributable amount of $920 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Patricia and David Schulte Foundation's EIN?
Patricia and David Schulte Foundation's EIN (Employer Identification Number) is 22-3697241. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Patricia and David Schulte Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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