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.
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
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
Typical awards range from $1,000 to $225,000. Recent grant activity shows quarterly distributions, with Q3 and Q4 2025 grants totaling $822,500, and Q2 2024 grants totaling $335,000.
How to Apply
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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
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 |
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
182 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
No grants recorded for .
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 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,Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Schumann Fund for New Jersey Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities