Schuster Foundation
Schuster Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Seattle, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $171K in total assets. In 2024, it awarded 20 grants totaling $44K. Net investment income was $51K.
Key facts about Schuster Foundation
- EIN
- 26-1435055
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $44,250
- Grants made (2024)
- 20
- Average grant
- $2,213
- Median grant
- $1,750
- New grantees (estimate)
- 30% first-time grantees (6 of 20, 2024)
- Total assets
- $170,537
- Primary geography
- Washington (53% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Schuster Foundation funds
By grant dollars, the top recipient states for Schuster Foundation's 20 itemized 2024 grants were Washington (53%), North Carolina (23%) and California (8%). The most frequent recipient cities were Seattle, WA (4 grants), Langley, WA (3 grants) and Washington DC, DC (2 grants). None of its 20 grants with a stated purpose were described as general or operating support. Recurring purposes include "Community Programs" (10 grants) and "Environmental" (3 grants).
Is Schuster Foundation open to new grantees?
30%
first-time grantees, 2024
In 2024, 6 of 20 grantees (30%) were first-time recipients. First grants averaged $2K; repeat grants $3K. How we count
Medians: $1K first-time, $2K repeat.
- 70% of 2024 grantees were also funded in 2023. Method
- Giving grew 57% from 2021 to 2024. Method
- In 2024 it paid out 750% 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 Schuster Foundation
- How to evaluate Schuster Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Schuster Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$171K
+22.7% YoY
Annual Giving
$44K
-4.3% YoY
Grant Count
20
+5.3% YoY
Avg Grant Size
$2K
-9.1% YoY
Under IRS private-foundation payout rules, Schuster Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
About Schuster Foundation
Based on IRS filings
Schuster Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Seattle, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $171K in total assets. In 2024, it awarded 20 grants totaling $44K. Net investment income was $51K.
Focus Areas
Ready to take the next step with Schuster Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 20 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $170,537 | $138,990 | $105,649 |
| Revenue | $80,539 | $81,466 | $35,364 |
| Expenses | $48,992 | $48,125 | $34,547 |
| Qualifying Distributions | $46,387 | $48,025 | $34,227 |
| Net Investment Income | $51,304 | $48,797 | — |
| Distributable Amount | $6,182 | $4,746 | $5,125 |
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
93 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include IBMA Foundation ($10,000), Uplift Northwest ($5,000), Whidbey Community Foundation ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| IBMA Foundation Burlington, NC | Community Programs | $10,000 |
| Uplift Northwest Seattle, WA | Hunger/Community Programs | $5,000 |
| Whidbey Community Foundation Coupeville, WA | Community Programs | $3,000 |
| Whidbey Camano Land Trust Greenbank, WA | Environmental | $3,000 |
| ISLAND SENIOR RESOURCES Freeland, WA | COMMUNITY PROGRAMS | $2,500 |
| SongwritingWithSoldiers Nashville, TN | Community Programs | $2,500 |
| American Jewish Committee Philadelphia, PA | Community Programs | $2,500 |
| Vegan Outreach Davis, CA | Health | $2,000 |
| Whidbey Island Center for the Arts Langley, WA | Arts | $2,000 |
| The Hub Youth Central Langley, WA | Community Programs | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mark R Schuster | Director/President | — | — |
| Holly E Gardner | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Schuster Foundation?
Schuster Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Seattle, WA. It holds $171K in total assets as of 2024.
How large is Schuster Foundation?
As of 2024, Schuster Foundation holds $171K in total assets with $81K in annual revenue. It awarded 20 grants totaling $44K in 2024.
Where does Schuster Foundation operate?
Schuster Foundation has awarded grants in California, Colorado, District of Columbia, Florida, North Carolina, New York, Pennsylvania, Tennessee, Washington.
What size grants does Schuster Foundation award?
In 2024, Schuster Foundation awarded 20 grants totaling $44K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Schuster Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Schuster Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Schuster Foundation's EIN?
Schuster Foundation's EIN (Employer Identification Number) is 26-1435055. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Schuster Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Chicago Community Trust
Chicago, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
Silicon Valley Community Foundation
Mountain View, CA
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
Assets
$83.3M
Grants
144
Total Given
$67.7M
Gates Foundation
Seattle, WA
Assets
$78.7B
Grants
4,974
Total Given
$6.3B
M J Murdock Charitable Trust
Vancouver, WA
Assets
$2.0B
Grants
797
Total Given
$116.6M
Artsfund
Seattle, WA
Assets
$7.4M
Grants
624
Total Given
$12.2M
The Avista Foundation
Spokane, WA
Assets
$11.9M
Grants
607
Total Given
$2.0M
Scholar Fund
Seattle, WA
Assets
$5.2M
Grants
535
Total Given
$23.1M
The Roots and Wings Foundation Inc
Seattle, WA
Assets
$611.8M
Grants
518
Total Given
$66.6M
Seattle Foundation
Seattle, WA
Assets
$1.4B
Grants
5,379
Total Given
$177.9M
Jpmorgan Chase Foundation
New York, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
More Funders in Washington
Data last updated September 2026. Sourced from IRS Form 990-PF filings.