Schulstad Family Foundation Inc

Private foundation · Grantmaker Gold Canyon, AZ EIN: 35-2051385

Schulstad Family Foundation Inc is a private foundation, based in Gold Canyon, AZ. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grant totaling $43K. Net investment income was $9K.

Key facts about Schulstad Family Foundation Inc

In short: Schulstad Family Foundation Inc gave $43K across 1 grant in 2022 (avg $43K), mostly in Indiana. Source: 2022 IRS Form 990-PF.

EIN
35-2051385
Latest 990 filing
Form 990-PF, 2022
Annual giving (2022)
$42,922
Grants made (2022)
1
Average grant
$42,922
Median grant
$42,922
Primary geography
Indiana (100% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$43K

+1330.7% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$43K

+2761.5% YoY

Under IRS private-foundation payout rules, Schulstad Family Foundation Inc reported a distributable amount of $2K for 2022 — the minimum it must pay out in qualifying distributions.

How Schulstad Family Foundation Inc gives

  • In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of the 2022 grant dollars on its one itemized grant.

Cities

CiceroEast Palo AltoIndianapolisLos AngelesPhoenix

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K3 grants2020 2 grants2021 1 grant2022

From 2020 to 2022, annual grant giving ranged from $3K (2021) to $43K (2022). In 2022 it made 1 grant totaling $43K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2022

Agape: $43KAgape$43K

The largest 2022 recipient was Agape ($43K).

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Agape Cicero, INCapital Campaign$42,922

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022
Metric202220212020
Total Assets—$42,227$37,079
Revenue$8,798$10,602$2,212
Expenses$42,922$3,000$6,000
Qualifying Distributions$42,922$3,000—
Net Investment Income$8,772$10,602$2,212
Distributable Amount$2,055$2,030$1,837

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2022

Leadership & Key People

Officers and directors from IRS filings

Schulstad Family Foundation Inc is led by Eugene Schulstad, President Treasurer since 2022 (on filings since 2020); none of the 5 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Eugene Schulstad

    President Treasurer

    President → President Treasurer Director, 2021

    President Treasurer Director → President Treasurer, 2022

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Tammy Schulstad Crown

    Director

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Tara Schulstad Sciscoe

    Director

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Wendy Schulstad Brookman

    Director

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Linda Schulstad

    Director Vice President Secretary

    Vice President → Director Vice President Secretary, 2021

    On filings since 2020

    0.1 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Schulstad Family Foundation Inc

How much does Schulstad Family Foundation Inc give each year?

Schulstad Family Foundation Inc gave $43K across 1 grant in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $3K across 2 grants.

Where does Schulstad Family Foundation Inc operate?

Schulstad Family Foundation Inc has awarded grants in Arizona, California, Indiana.

How much is Schulstad Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Schulstad Family Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Schulstad Family Foundation Inc's EIN?

Schulstad Family Foundation Inc's EIN (Employer Identification Number) is 35-2051385. IRS Form 990 filing data is available on this page for 2020–2022.

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

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