Schumann Fund for New Jersey Inc
Schumann Fund for New Jersey is an independent foundation based in Montclair, New Jersey, established in 1988. The organization is a philanthropic entity dedicated to empowering low-income children, families, and communities of color to thrive through strategic investments in nonprofit organizations.
Key facts about Schumann Fund for New Jersey Inc
- EIN
- 52-1556076
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,417,500
- Grants made (2024)
- 58
- Average grant
- $24,440
- Median grant
- $25,000
- New grantees (estimate)
- 42% first-time grantees (24 of 57, 2024)
- Total assets
- $33,653,933
- Primary geography
- New Jersey (95% of itemized 2024 grant dollars)
- How to apply
- Inquiries about the application process should be directed to Program Partner Jared Boone via email. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Schumann Fund for New Jersey Inc funds
By grant dollars, the top recipient states for Schumann Fund for New Jersey Inc's 58 itemized 2024 grants were New Jersey (95%) and New York (5%). The most frequent recipient cities were Newark, NJ (20 grants), Montclair, NJ (6 grants), Morristown, NJ (4 grants) and Ewing, NJ (3 grants). 26% of grants with a stated purpose were for general or operating support. Recurring purposes include "Program/Project Support" (26 grants) and "Trustee Grant" (16 grants).
Is Schumann Fund for New Jersey Inc open to new grantees?
42%
first-time grantees, 2024
In 2024, 24 of 57 grantees (42%) were first-time recipients. First grants averaged $23K; repeat grants $26K. How we count
Medians: $25K first-time, $25K repeat.
- 54% of 2024 grantees were also funded in 2023. Method
- Giving grew 25% from 2021 to 2024. Method
- In 2024 it paid out 119% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Schumann Fund for New Jersey Inc
- How to evaluate Schumann Fund for New Jersey Inc 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
$33.7M
+4.1% YoY
Annual Giving
$1.4M
+12.3% YoY
Grant Count
58
-4.9% YoY
Avg Grant Size
$24K
+18.1% YoY
Under IRS private-foundation payout rules, Schumann Fund for New Jersey Inc reported a distributable amount of $1.6M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The fund advances ideas and opportunities to empower low-income children, families, and communities of color to thrive. The organization invests in nonprofit organizations rooted in Essex County and statewide that work to advance racial and economic equity.
Schumann Fund operates within three primary program priorities:
Affordable Homes & Healthy Communities Supporting strategies and approaches that foster stability and opportunity for families and children within healthy, resilient neighborhoods. The fund addresses family homelessness prevention, eviction prevention, family economic stability and mobility, and initiatives supporting healthy communities. Advancing racial equity and eliminating racial disparities in access to housing, income, wealth, and healthy communities are central goals.
Early Childhood & Education Supporting low-income children and families of color through opportunities in early childhood development and youth education. The fund invests in high-quality early childhood programs and efforts to advance equitable early childhood public policy in New Jersey. This includes support for high-quality, affordable childcare and pre-school, as well as initiatives advancing a high-quality, equitable K-12 public education system and youth education opportunities.
Child Welfare & Youth Justice Advancing reforms in systems affecting children and youth, including child welfare, juvenile justice, and immigration systems, to support racial equity and youth justice.
Grantmaking
How to Apply
**
Ready to take the next step with Schumann Fund for New Jersey Inc?
Geographic Focus
Where this funder awards grants
The fund primarily supports organizations rooted in Essex County and statewide New Jersey, with some activity in New York and California.
Grant Distribution by State
Share of all 58 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $33,653,933 (as of most recent filing)
- Total Annual Giving: $1,417,500
- Annual Expenses: Approximately $2.28 million
- Annual Revenues: Approximately $2.21 million
| Metric | 2024 | 2023 | 2021 |
|---|---|---|---|
| Total Assets | $33,653,933 | $32,343,862 | $36,208,452 |
| Revenue | $1,464,912 | $2,206,106 | $4,053,903 |
| Expenses | $2,352,652 | $2,282,642 | $1,850,720 |
| Qualifying Distributions | $1,932,531 | $1,733,619 | $1,429,907 |
| Net Investment Income | $1,210,608 | $1,752,075 | $3,683,635 |
| Distributable Amount | $1,620,366 | $1,507,725 | $1,589,134 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
201 grants across all recorded years
Open Grants
1 open opportunity from Schumann Fund for New Jersey Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Advocates for Children of New Jersey ($75,000), Rutgers Child Advocacy Clinic of Rutgers Law School ($55,000), Clinton Hill Community Action ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ADVOCATES FOR CHILDREN OF NEW JERSEY Newark, NJ | OPERATING SUPPORT | $75,000 |
| RUTGERS CHILD ADVOCACY CLINIC OF RUTGERS LAW SCHOOL Newark, NJ | PROGRAM/PROJECT SUPPORT | $55,000 |
| CLINTON HILL COMMUNITY ACTION Newark, NJ | OPERATING SUPPORT | $50,000 |
| MONARCH HOUSING ASSOCIATES Cranford, NJ | PROGRAM/PROJECT SUPPORT | $50,000 |
| NEW YORK PUBLIC RADIO (NJ PUBLIC RADIO) New York, NY | OPERATING SUPPORT | $50,000 |
| PROGRAMS FOR PARENTS Newark, NJ | OPERATING SUPPORT | $50,000 |
| IRONBOUND COMMUNITY CORPORATION Newark, NJ | OPERATING SUPPORT | $45,000 |
| NEW JERSEY CONSORTIUM FOR IMMIGRANT CHILDREN Jersey City, NJ | PROGRAM/PROJECT SUPPORT | $45,000 |
| FAIR SHARE HOUSING CENTER Cherry Hill, NJ | OPERATING SUPPORT | $40,000 |
| NEW JERSEY INSTITUTE FOR SOCIAL JUSTICE Newark, NJ | OPERATING SUPPORT | $40,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Lucy Vandenberg – Executive Director (started November 2023)
- Martha Bonsal Day – Board Chair
- Roger Pratt – Secretary/Treasurer
- Jared I Boone – Program Partner
- Lauren Nance – Operations and Engagement Manager
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Barbara Bell Coleman Retired 1224 | Trustee | 1 | — |
| Martha Bonsal Day | Chair | 3 | — |
| Roger Pratt | Secretary/Treasurer | 3 | — |
| Christopher Daggett | Vice Chair | 1 | — |
| Leonard S Coleman | Trustee | 1 | — |
| Lucy Vandenberg | Executive Director | 45 | $226,044 |
| Rhonda Robinson Began 124 | Trustee | 1 | — |
| Carlos Lejnieks Began 124 | Trustee | 1 | — |
| Joseph Matara Began 124 | Trustee | 1 | — |
| Marla Higginbotham Began 124 | Trustee | 1 | — |
Recent News & Activity
Recent developments and announcements
In January 2026, the fund announced Q3 and Q4 2025 grant awards totaling $822,500. Executive Director Lucy Vandenberg noted the organization's collaborative approach and highlighted partnerships with grantee organizations and funders represented on the Governor's Transition Team. The fund emphasized its commitment to supporting nonprofit partners facing federal funding and policy challenges, with focus areas including child care, immigration, and affordable housing.
Schumann Fund Awards Grant to The Family Success Institute | Asbury Park,Frequently Asked Questions
What does Schumann Fund for New Jersey Inc fund?
The fund advances ideas and opportunities to empower low-income children, families, and communities of color to thrive. The organization invests in nonprofit organizations rooted in Essex County and statewide that work to advance racial and economic equity. Schumann Fund operates within three primary program priorities: **Affordable Homes & Healthy Communities** Supporting strategies and approaches that foster stability and opportunity for families and children within healthy, resilient neighbo…
How do I apply for a grant from Schumann Fund for New Jersey Inc?
Inquiries about the application process should be directed to Program Partner Jared Boone via email. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Schumann Fund for New Jersey Inc make grants?
The fund primarily supports organizations rooted in Essex County and statewide New Jersey, with some activity in New York and California.
What size grants does Schumann Fund for New Jersey Inc award?
In 2024, Schumann Fund for New Jersey Inc awarded 58 grants totaling $1.4M — an average of about $24K per grant, based on its IRS Form 990 filings.
How much is Schumann Fund for New Jersey Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Schumann Fund for New Jersey Inc reported a distributable amount of $1.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Schumann Fund for New Jersey Inc's EIN?
Schumann Fund for New Jersey Inc's EIN (Employer Identification Number) is 52-1556076. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.