Robert S Schultz Foundation

NORTH CALDWELL, NJ EIN: 47-4662240

Robert S Schultz Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH CALDWELL, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $106K in total assets. In 2024, it awarded 1 grants totaling $3K. Net investment income was $4K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$106K

+0.0% YoY

Annual Giving

$3K

-95.0% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$3K

-84.9% YoY

Under IRS private-foundation payout rules, Robert S Schultz Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Robert S Schultz Foundation

Based on IRS filings

Robert S Schultz Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH CALDWELL, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $106K in total assets. In 2024, it awarded 1 grants totaling $3K. Net investment income was $4K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

LivingstonMillburnMonroe TownshipNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$18K$35K$53K$70K20202021202220232024
Metric202420232022
Total Assets$105,963$105,920$91,558
Revenue$3,893$63,925$975
Expenses$3,795$49,550$3,500
Qualifying Distributions$2,500$49,550$3,500
Net Investment Income$3,893$3,925$975
Distributable Amount$6,998$8,664$7,381

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$25K$37K$50K1 grants20200 grants20212 grants20223 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

PAPER MILL PLAYHOUSE$3K

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Paper Mill Playhouse ($2,500).

RecipientPurposeAmount
PAPER MILL PLAYHOUSE MILLBURN, NJSUPPORT OF GENERAL OPERATIONS OF THE ORGANIZATIONS$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DALE LAZAROVITCHTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Robert S Schultz Foundation?

Robert S Schultz Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH CALDWELL, NJ. It holds $106K in total assets as of 2024.

How large is Robert S Schultz Foundation?

As of 2024, Robert S Schultz Foundation holds $106K in total assets with $4K in annual revenue. It awarded 1 grants totaling $3K in 2024.

Where does Robert S Schultz Foundation operate?

Robert S Schultz Foundation has awarded grants in New Jersey, New York.

What size grants does Robert S Schultz Foundation award?

In 2024, Robert S Schultz Foundation awarded 1 grants totaling $3K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Robert S Schultz Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Robert S Schultz Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Robert S Schultz Foundation's EIN?

Robert S Schultz Foundation's EIN (Employer Identification Number) is 47-4662240. IRS Form 990 filing data is available on this page for 2020–2024.

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

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