Schultz Family Private Foundation
The Schultz Family Private Foundation is a private foundation established in 1990 and based in Lake Bluff, Illinois. It operates as a 501(c)(3) tax-exempt organization with the EIN 36-3690681. The foundation makes grants to nonprofit organizations across multiple sectors, with a focus on education, human services, and philanthropic support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25K
-67.0% YoY
Annual Giving
$418K
+22.0% YoY
Grant Count
33
-17.5% YoY
Avg Grant Size
$13K
+47.9% YoY
Under IRS private-foundation payout rules, Schultz Family Private Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Nonprofit Human Services
- Poverty Alleviation
- Reproductive Health
Grantmaking
The foundation also funded a general fund with $2,500 in 2024.
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in Illinois, with additional grantmaking in the District of Columbia and South Dakota.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Summary:
- Total Assets: $25,139
- Total Revenue: $370,000
- Total Expenses: $420,991
- Total Liabilities: $0
- Number of Employees: 0
2023 Comparison:
- Total Revenue: $420,000 (representing an 11.9% decrease from 2023 to 2024)
The foundation has been tax-exempt since May 1990.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,139 | $76,130 | $1,533 |
| Revenue | $370,000 | $420,000 | $120,000 |
| Expenses | $420,991 | $345,403 | $212,689 |
| Qualifying Distributions | $420,966 | $345,350 | $212,477 |
| Net Investment Income | — | — | — |
| Distributable Amount | $2,861 | $5,619 | $2,362 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
202 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St James Lutheran Church ($146,273), The Night Ministry ($30,000), Lutheran Social Services of Illinois ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST JAMES LUTHERAN CHURCH LAKE FOREST, IL | GENERAL FUND | $146,273 |
| A SAFE PLACE ZION, IL | GENERAL FUND | $10,000 |
| AMERICAN CANCER SOCIETY CHICAGO, IL | GENERAL FUND | $500 |
| BRAVO WAUKEGAN LAKE FOREST, IL | GENERAL FUND | $10,000 |
| BY THE HAND CLUB FOR KIDS CHICAGO, IL | GENERAL FUND | $10,000 |
| CHICAGO SYMPHONY ORCHESTRA ASSOCIATION CHICAGO, IL | GENERAL FUND | $1,500 |
| COVENANT HOUSE ILLINOIS CHICAGO, IL | GENERAL FUND | $10,000 |
| DANIEL MURPHY SCHOLARSHIP FUND CHICAGO, IL | GENERAL FUND | $10,000 |
| FRIENDS OF LAKE BLUFF LIBRARY LAKE BLUFF, IL | GENERAL FUND | $500 |
| GIES COLLEGE OF BUSINESS SCHOOL FUND CHAMPAIGN, IL | GENERAL FUND | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GERALD SCHULTZ | PRES/TREAS | 0.5 | — |
| BARBARA SCHULTZ | VICE PRES | 0.1 | — |
Frequently Asked Questions
What does Schultz Family Private Foundation fund?
The foundation's grantmaking priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Nonprofit Human Services • Poverty Alleviation • Reproductive Health
How do I apply for a grant from Schultz Family Private Foundation?
**Grant Activity:** • Made 49 grants in 2024 • Total giving in 2024: $418,116 • Typical award range: $50–$146,273 **Recent Grants (2024):** • The Night Ministry: $30,000 (General Fund) • Madonna Mission: $20,000 (General Fund) • North Chicago Community Partners: $20,000 (General Fund) • St James Lutheran Church: funding provided • Neguanee Music Institute: $1,000 The foundation also funded a general fund with $2,500 in 2024.
Where does Schultz Family Private Foundation make grants?
The foundation primarily supports organizations in Illinois, with additional grantmaking in the District of Columbia and South Dakota.
What size grants does Schultz Family Private Foundation award?
In 2024, Schultz Family Private Foundation awarded 33 grants totaling $418K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Schultz Family Private Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Schultz Family Private Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Schultz Family Private Foundation's EIN?
Schultz Family Private Foundation's EIN (Employer Identification Number) is 36-3690681. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Schultz Family Private Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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