Pittsroy & Thelma Schfound Trust

MILWAUKEE, WI EIN: 75-3008401

Pittsroy & Thelma Schfound Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $71K. Net investment income was $94K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+1.0% YoY

Annual Giving

$71K

+4.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$71K

+4.2% YoY

Under IRS private-foundation payout rules, Pittsroy & Thelma Schfound Trust reported a distributable amount of $79K for 2024 — the minimum it must pay out in qualifying distributions.

About Pittsroy & Thelma Schfound Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $339K (100%)

States

California

Cities

Santa Barbara

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,441,714	$1,427,052	$1,425,421
Revenue	$110,797	$90,450	$58,013
Expenses	$96,146	$89,887	$101,783
Qualifying Distributions	$77,594	$71,255	$80,408
Net Investment Income	$93,577	$70,073	$41,789
Distributable Amount	$79,460	$74,122	$74,449

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Foundation of Santa Barbara ($70,585).

Recipient	Purpose	Amount
FOUNDATION OF SANTA BARBARA SANTA BARBARA, CA	GENERAL OPERATING	$70,585

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
US BANK N A	TRUSTEE	1	$22,037

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Pittsroy & Thelma Schfound Trust?

Pittsroy & Thelma Schfound Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. It holds $1.4M in total assets as of 2024.

How large is Pittsroy & Thelma Schfound Trust?

As of 2024, Pittsroy & Thelma Schfound Trust holds $1.4M in total assets with $111K in annual revenue. It awarded 1 grants totaling $71K in 2024.

Where does Pittsroy & Thelma Schfound Trust operate?

Pittsroy & Thelma Schfound Trust has awarded grants in California.

What size grants does Pittsroy & Thelma Schfound Trust award?

In 2024, Pittsroy & Thelma Schfound Trust awarded 1 grants totaling $71K — an average of about $71K per grant, based on its IRS Form 990 filings.

How much is Pittsroy & Thelma Schfound Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pittsroy & Thelma Schfound Trust reported a distributable amount of $79K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Pittsroy & Thelma Schfound Trust's EIN?

Pittsroy & Thelma Schfound Trust's EIN (Employer Identification Number) is 75-3008401. IRS Form 990 filing data is available on this page for 2020–2024.