Schumaker Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 5 grants totaling $422K. Net investment income was $535K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1M
+1.4% YoY
Annual Giving
$422K
+20.5% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$84K
-3.6% YoY
About Schumaker Charitable Trust
Based on IRS filings
Schumaker Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 5 grants totaling $422K. Net investment income was $535K.
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 | $5,137,175 | $5,068,709 | $4,956,229 |
| Revenue | $570,170 | $542,054 | $5,272,771 |
| Expenses | $517,984 | $421,456 | $355,944 |
| Qualifying Distributions | $475,880 | $389,875 | $332,658 |
| Net Investment Income | $534,630 | $65,107 | $51,777 |
| Distributable Amount | $294,389 | $254,846 | $194,116 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A | TRUSTEE | 2 | $77,613 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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