Schultze Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RYE BROOK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $580K in total assets. In 2024, it awarded 8 grants totaling $18K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$580K
+24.5% YoY
Annual Giving
$18K
-4.5% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$2K
-4.5% YoY
Under IRS private-foundation payout rules, Schultze Foundation reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About Schultze Foundation
Based on IRS filings
Schultze Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RYE BROOK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $580K in total assets. In 2024, it awarded 8 grants totaling $18K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $580,357 | $466,288 | $396,730 |
| Revenue | $5 | $-69,986 | $17,057 |
| Expenses | $21,710 | $22,515 | $30,206 |
| Qualifying Distributions | $19,630 | $20,525 | $26,095 |
| Net Investment Income | — | — | $17,057 |
| Distributable Amount | $27,600 | $19,913 | $21,639 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cardinal's Appeal ($7,500), Don Bosco Community Center ($3,000), Good Counsel Homes ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CARDINAL'S APPEAL NEW YORK, NY | UNRESTRICTED | $7,500 |
| CITY SQUASH BRONX, NY | UNRESTRICTED | $1,500 |
| DON BOSCO COMMUNITY CENTER PORT CHESTER, NY | UNRESTRICTED | $3,000 |
| GOOD COUNSEL HOMES SECAUCUS, NJ | UNRESTRICTED | $2,000 |
| RYE HISTORICAL SOCIETY RYE, NY | UNRESTRICTED | $1,000 |
| SANKATY HEAD FOUNDATION SIACONSET, MA | UNRESTRICTED | $1,000 |
| ST IGNATIUS SCHOOL BRONX, NY | UNRESTRICTED | $1,000 |
| RYE NATURE CENTER RYE, NY | UNRESTRICTED | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE SCHULTZE | PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Schultze Foundation?
Schultze Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RYE BROOK, NY. It holds $580K in total assets as of 2024.
How large is Schultze Foundation?
As of 2024, Schultze Foundation holds $580K in total assets with $5 in annual revenue. It awarded 8 grants totaling $18K in 2024.
Where does Schultze Foundation operate?
Schultze Foundation has awarded grants in Connecticut, Massachusetts, New Jersey, New York, Wisconsin.
What size grants does Schultze Foundation award?
In 2024, Schultze Foundation awarded 8 grants totaling $18K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Schultze Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Schultze Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Schultze Foundation's EIN?
Schultze Foundation's EIN (Employer Identification Number) is 13-4111641. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Schultze Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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