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Schultz Family Private Foundation

LAKE BLUFF, IL EIN: 36-3690681 Website

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

19states
+11 more states

Cities

AmarilloAmericusArlingtonAtlantaBethesdaBooneCarmelCarol StreamChamberlainChampaignCherry HillChicagoDallasDes MoinesDes PlainesEaganGlencoeGlenviewGrand RapidsHighland Park

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$172K$343K$515K$687K201920202021202220232024
Metric202420232022
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

$0$108K$217K$325K$434K32 grants201949 grants202040 grants202140 grants202240 grants202333 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ST JAMES LUTHERAN CHURCH$146KTHE NIGHT MINISTRY$30KLUTHERAN SOCIAL SERVICES…$30KMADONNA MISSION$20KNORTH CHICAGO COMMUNITY …$20KLUTHERAN SCHOOL OF THEOL…$20KWAUKEGAN TO COLLEGE$15KCOOL MINISTRIES$11KA SAFE PLACE$10KBRAVO WAUKEGAN$10K

Grant Size Distribution

202 grants across all recorded years

197<$50K3$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GERALD SCHULTZPRES/TREAS0.5
BARBARA SCHULTZVICE PRES0.1

Related Funders

Similar funders by location and focus area

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

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