Schumaker Charitable Trust
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.
Key facts about Schumaker Charitable Trust
- EIN
- 30-6714601
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $422,464
- Grants made (2024)
- 5
- Average grant
- $84,493
- Median grant
- $84,493
- Total assets
- $5,137,175
- Primary geography
- Kansas (81% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Schumaker Charitable Trust funds
By grant dollars, the top recipient states for Schumaker Charitable Trust's 5 itemized 2024 grants were Kansas (81%) and Florida (19%). The most frequent recipient cities were Wichita, KS (4 grants). 100% of grants with a stated purpose were for general or operating support.
How Schumaker Charitable Trust gives
- In 2024 it paid out 162% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Schumaker Charitable Trust
- How to evaluate Schumaker Charitable Trust as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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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
Under IRS private-foundation payout rules, Schumaker Charitable Trust reported a distributable amount of $294K for 2024 — the minimum it must pay out in qualifying distributions.
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
Ready to take the next step with Schumaker Charitable Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
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
Among its reported 2024 grants, the largest recipients include Eastminster Presbyterian Church ($126,739), Wichita State Univeristy ($105,616), Wichita Scottish Rite ($84,493).
| Recipient | Purpose | Amount |
|---|---|---|
| EASTMINSTER PRESBYTERIAN CHURCH Wichita, KS | GENERAL OPERATING | $126,739 |
| WICHITA STATE UNIVERISTY Wichita, KS | GENERAL OPERATING | $105,616 |
| WICHITA SCOTTISH RITE Wichita, KS | GENERAL OPERATING | $84,493 |
| CORNERSTONE CHRISTIAN CH Jay, FL | GENERAL OPERATING | $79,212 |
| CORNERSTONE CHRISTIAN CHURCH Wichita, KS | GENERAL OPERATING | $26,404 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bank of America N a | Trustee | 2 | $77,613 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Schumaker Charitable Trust?
Schumaker Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pennington, NJ. It holds $5.1M in total assets as of 2024.
How large is Schumaker Charitable Trust?
As of 2024, Schumaker Charitable Trust holds $5.1M in total assets with $570K in annual revenue. It awarded 5 grants totaling $422K in 2024.
Where does Schumaker Charitable Trust operate?
Schumaker Charitable Trust has awarded grants in Florida, Kansas.
What size grants does Schumaker Charitable Trust award?
In 2024, Schumaker Charitable Trust awarded 5 grants totaling $422K — an average of about $84K per grant, based on its IRS Form 990 filings.
How much is Schumaker Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Schumaker Charitable Trust reported a distributable amount of $294K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Schumaker Charitable Trust's EIN?
Schumaker Charitable Trust's EIN (Employer Identification Number) is 30-6714601. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.