Russell M Schultz Charitable Fdn

PITTSBURGH, PA EIN: 34-7208009

Russell M Schultz Charitable Fdn is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $452K in total assets. In 2024, it awarded 1 grants totaling $22K. Net investment income was $22K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$452K

-0.4% YoY

Annual Giving

$22K

-3.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$22K

-3.3% YoY

Under IRS private-foundation payout rules, Russell M Schultz Charitable Fdn reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.

About Russell M Schultz Charitable Fdn

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $109K (100%)

States

Pennsylvania

Cities

Pittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$451,721	$453,590	$471,155
Revenue	$26,812	$10,428	$1,413
Expenses	$28,487	$28,421	$30,890
Qualifying Distributions	$23,158	$25,481	$26,733
Net Investment Income	$21,528	$8,560	$7,567
Distributable Amount	$25,541	$23,281	$24,255

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 Smithfield United Church of Christ ($21,902).

Recipient	Purpose	Amount
SMITHFIELD UNITED CHURCH OF CHRIST PITTSBURGH, PA	GENERAL SUPPORT	$21,902

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK N A	TRUSTEE	2	$6,282

Frequently Asked Questions

How large is Russell M Schultz Charitable Fdn?

As of 2024, Russell M Schultz Charitable Fdn holds $452K in total assets with $27K in annual revenue. It awarded 1 grants totaling $22K in 2024.

Where does Russell M Schultz Charitable Fdn operate?

Russell M Schultz Charitable Fdn has awarded grants in Pennsylvania.

What size grants does Russell M Schultz Charitable Fdn award?

In 2024, Russell M Schultz Charitable Fdn awarded 1 grants totaling $22K — an average of about $22K per grant, based on its IRS Form 990 filings.

How much is Russell M Schultz Charitable Fdn required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Russell M Schultz Charitable Fdn reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Russell M Schultz Charitable Fdn's EIN?

Russell M Schultz Charitable Fdn's EIN (Employer Identification Number) is 34-7208009. IRS Form 990 filing data is available on this page for 2019–2024.