Rear Admiral O Douglas and Marie

RIO RANCHO, NM EIN: 46-2497691

The Rear Admiral O Douglas and Marie Coughlin Schumann Foundation is a private 501(c)(3) nonprofit organization headquartered in Rio Rancho, New Mexico. The foundation provides scholarships to students pursuing education beyond high school, including opportunities for college, career and technical education (CTE), trade school, and nursing school attendance.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$130K

-22.0% YoY

Grant Count

37

-27.5% YoY

Avg Grant Size

$4K

+7.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary focus is educational advancement through scholarship support. The organization specifically targets students seeking post-secondary education across multiple pathways: traditional college programs, career and technical education, trade schools, and nursing education.

Grantmaking

The foundation has distributed approximately $129,569 in total giving. The organization operates with a small staff of 2 employees dedicated to administering its scholarship programs.

Ready to take the next step with Rear Admiral O Douglas and Marie?

Geographic Focus

Where this funder awards grants

The foundation is based in Rio Rancho, New Mexico, and operates from two office locations in the state:

  • 2331 Westside Boulevard SE, Apt 233, Rio Rancho, New Mexico 87124
  • PO Box 46004, Rio Rancho, New Mexico 87174

Grant Distribution by State

1states

States

Cities

AlbuquerqueBernalilloCORRALESCorralesPEA BLANCAPena BlancaPlacitasRIO RANCHORio RanchoSanto Domingo Pueblo

Financial History

Multi-year comparison from IRS filings

The foundation maintains assets and generates revenue to support its scholarship mission, positioning it among the active grantmaking foundations in Rio Rancho with documented giving activity.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$51K$103K$154K$205K65 grants202069 grants202154 grants202251 grants202337 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

RIO RANCHO PUBLIC SCHOOLS$10KMICHAELA-JOYCE MOSHE$4KGLORIA ENGA$4KLAUREN STANAGE$4KASHLEY BRADSHAW$4KVENESSA WISNESKI$4KSEBASTIAN KING$4KELIJAH GRIEGO$4KMORGAN MEEK$4KJOSHUA BARKER$4K

Grant Size Distribution

237 grants across all recorded years

237<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation was established by Otho Douglas Schumann, a retired U.S. Navy Rear Admiral who lived in Rio Rancho, New Mexico from 1988 until his death on February 20, 2016, at age 91. Schumann was a Tulane University graduate with an MBA from New York University. His military service included World War II and the Berlin Recall in the Southwest Pacific, where he commanded PC 1138 and attained the rank of captain in the Navy and rear admiral in the New York Militia. Prior to retirement, Schumann's career spanned the textile industry and international gourmet food importing, with employment at companies including Lane Cotton Mills, Springs Mills, and the Milliken Company.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID J HEILTREASURER-SE2
TIM SHEAHANPAST PRESIDE2
TONNA BURGOSPRESIDENT1
GREGG HULLDIRECTOR1
JULIE JARAMILLODIRECTOR1
EDDIE MCCALLDIRECTOR1
ALEX PERKINSFINANCIAL AD1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

What could you do with Rear Admiral O Douglas and Marie on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities