Schultze Foundation
Schultze Foundation is a private foundation, 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.
Schultze Foundation at a glance
In short: Schultze Foundation gave $18K across 8 grants in 2024 (avg $2K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $18,000
- -4.5% vs 2023
- Grants made (2024)
- 8
- +0.0% vs 2023
- Average grant
- $2,250
- -4.5% vs 2023
- Median grant
- $1,250
- Total assets
- $580,357
- +24.5% vs 2023
- Primary geography
- New York (83% 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 Schultze Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Cardinal's Appeal ($8K). Together the top 8 received $18K.
Grant Size Distribution
42 grants across all recorded years
The most common grant size was under $50K: 42 grants of 42 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How Schultze Foundation gives
- Giving held roughly steady from 2021 to 2024 (−11%). Method
- In 2024 it paid out 71% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2020 to 2024, annual grant giving ranged from $18K (2020) to $26K (2022). In 2024 it made 8 grants totaling $18K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cardinal's Appeal New York, NY | Unrestricted | $7,500 |
| Don Bosco Community Center Port Chester, NY | Unrestricted | $3,000 |
| Good Counsel Homes Secaucus, NJ | Unrestricted | $2,000 |
| City Squash Bronx, NY | Unrestricted | $1,500 |
| 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 |
Ready to take the next step with Schultze Foundation?
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 | $580,357 | $5 | $21,710 | $18,000 | 8 | $19,630 | — | $27,600 |
| 2023 | $466,288 | $-69,986 | $22,515 | $18,850 | 8 | $20,525 | — | $19,913 |
| 2022 | $396,730 | $17,057 | $30,206 | $26,095 | 14 | $26,095 | $17,057 | $21,639 |
| 2021 | $488,016 | $17,155 | $23,283 | $20,200 | 7 | $20,200 | $14,155 | $23,112 |
| 2020 | $448,326 | $5 | $20,569 | $17,561 | 5 | — | $5 | $20,183 |
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.
Leadership & Key People
Officers and directors from IRS filings
Schultze Foundation is led by George Schultze, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
George Schultze
President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Schultze Foundation
How much does Schultze Foundation give each year?
Schultze Foundation gave $18K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $19K across 8 grants.
What is Schultze Foundation's typical grant size?
Schultze Foundation's median grant in 2024 was $1,250, and its average grant was $2,250, across 8 grants on its 2024 IRS Form 990-PF.
Where does Schultze Foundation give grants?
Schultze Foundation gives mostly in New York: 83% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New Jersey (11%) and Massachusetts (6%). The most frequent recipient cities were Bronx, NY (2 grants) and Rye, NY (2 grants).
Does Schultze Foundation give general operating support?
Yes: 100% of Schultze Foundation's 2024 grants with a stated purpose (8 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Schultze Foundation's largest grantees?
Schultze Foundation's largest 2024 grantees include Cardinal's Appeal ($7,500), Don Bosco Community Center ($3,000) and Good Counsel Homes ($2,000), according to its 2024 IRS Form 990-PF. Together they received 69% of its itemized 2024 grant dollars.
How large is Schultze Foundation?
Schultze Foundation reported $580K in total assets on its 2024 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $28K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
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 2020–2024
Live grants for the work Schultze Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Schultze Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Brooks Foundation
Tenton Village, WY
The Brooks Foundation supports preselected charitable organizations across varied fields, with recent grants going to recipients in multiple states, especially California and Wyoming. Its 2024 grants ranged from $45 to $20,240, with a median of $1,000. It does not accept unsolicited funding requests.
Assets
$4.3M
Grants
75
Total Given
$124K
Altman Foundation
New York, NY
The Altman Foundation funds education, health, community strengthening, cultural engagement, youth development, arts, and nonprofit services in New York City’s five boroughs, with particular interest in underserved communities. Its 2024 grants ranged from $150 to $250,000, with a median of $50,000. It accepts unsolicited letters of inquiry on a rolling basis only for its Health portfolio; it is not accepting full proposals from organizations that are not current grantees.
Assets
$286.5M
Grants
216
Total Given
$12.9M
Rocky Nook Foundation
New Canaan, CT
The foundation supports organizations in education, health, arts, and community services, with 2025 grants ranging from $1,000 to $10,001 and a median of $7,500. It is based in New Canaan, Connecticut, and funded recipients across several states and Washington, DC, particularly in Connecticut; it gives only to preselected organizations and does not accept unsolicited requests.
Assets
$1.1M
Grants
15
Total Given
$100K
The Kneisel Foundation Inc
Beverly, MA
The Kneisel Foundation supports education, arts and culture, health care, and other charitable organizations, with 2025 grants ranging from $100 to $62,000 and a median of $2,500. It is based in Beverly, Massachusetts, and its giving is concentrated in Massachusetts, with additional grants in Connecticut, New York, North Carolina, and Vermont. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$2.4M
Grants
64
Total Given
$453K
The Blackstone Charitable Foundation
New York, NY
The Blackstone Charitable Foundation supports career and economic mobility, workforce development, entrepreneurship, and efforts to strengthen communities, including programs for first-generation and low-income students. In 2024, grants ranged from $5,000 to $1,286,292, with a median of $75,000; funding was concentrated in New York, Virginia, Massachusetts, Florida, and Texas. It makes grants only to preselected organizations and does not accept unsolicited requests.
Assets
$142.0M
Grants
167
Total Given
$21.1M
Big Day Foundation
Rye, NY
Assets
$2.5M
Grants
3
Total Given
$53K
More similar funders
More Funders in New York
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Schultze Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Schultze Foundation down — hundreds of funders to go?