Schultz Family Foundation
Schultz Family Foundation is a private foundation, based in Jackson, MI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $519K in total assets. In 2024, it awarded 7 grants totaling $24K. Net investment income was $27K.
Schultz Family Foundation at a glance
In short: Schultz Family Foundation gave $24K across 7 grants in 2024 (avg $3K), mostly in Michigan. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $23,600
- +372.0% vs 2023
- Grants made (2024)
- 7
- +250.0% vs 2023
- Average grant
- $3,371
- +34.9% vs 2023
- Median grant
- $3,000
- Total assets
- $519,143
- +2.2% vs 2023
- Primary geography
- Michigan (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Schultz Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Jackson Catholic Schools ($8K). Together the top 7 received $24K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
How Schultz Family Foundation gives
- In 2024 it paid out 101% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $5K (2023) to $24K (2024). In 2024 it made 7 grants totaling $24K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jackson Catholic Schools Jackson, MI | General Support | $7,500 |
| The St Louis Center Chelsea, MI | General Support | $3,000 |
| Birthline of Jackson Inc Jackson, MI | General Support | $3,000 |
| Shop Rat Foundation Pleasant Lake, MI | General Support | $3,000 |
| Holy Rosary Church Cedar, MI | General Support | $2,600 |
| Compassionate Ministries of Jackson County Jackson, MI | General Support | $2,500 |
| St Mary Star of the Sea Parish Jackson Jackson, MI | General Support | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $519,143 | $39,739 | $28,605 | $23,600 | 7 | $25,903 | $27,437 | $25,574 |
| 2023 | $508,009 | $14,760 | $5,950 | $5,000 | 2 | $5,475 | $14,285 | $24,946 |
| 2022 | $499,199 | $500,039 | $840 | — | — | — | — | $2,229 |
Under IRS private-foundation payout rules, Schultz Family Foundation reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Schultz Family Foundation is led by Lawrence Schultz, President on every filing since 2022; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lawrence Schultz
President
On filings since 2022
0.5 hrs/week
No compensation reported
Michael Robbins
Secretary & Treasurer
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Marie Schultz (2022–2023) — Trustee
Data from IRS Form 990 filings, 2022–2024. "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 Schultz Family Foundation
How much does Schultz Family Foundation give each year?
Schultz Family Foundation gave $24K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5K across 2 grants.
What is Schultz Family Foundation's typical grant size?
Schultz Family Foundation's median grant in 2024 was $3,000, and its average grant was $3,371, across 7 grants on its 2024 IRS Form 990-PF.
Where does Schultz Family Foundation give grants?
Schultz Family Foundation gives mostly in Michigan: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Jackson, MI (4 grants).
Does Schultz Family Foundation give general operating support?
Yes: 100% of Schultz Family Foundation's 2024 grants with a stated purpose (7 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Schultz Family Foundation's largest grantees?
Schultz Family Foundation's largest 2024 grantees include Jackson Catholic Schools ($7,500), The St Louis Center ($3,000) and Birthline of Jackson Inc ($3,000), according to its 2024 IRS Form 990-PF. Together they received 57% of its itemized 2024 grant dollars.
How large is Schultz Family Foundation?
Schultz Family Foundation reported $519K in total assets on its 2024 IRS Form 990-PF. It paid out $26K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets).
What is Schultz Family Foundation's EIN?
Schultz Family Foundation's EIN (Employer Identification Number) is 37-2055914. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Live grants for the work Schultz Family Foundation funds
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