The Schellman Family Foundation
The Schellman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $26.5M in total assets. In 2024, it awarded 2 grants totaling $1.2M. Net investment income was $961K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.5M
-0.4% YoY
Annual Giving
$1.2M
+4.8% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$619K
+4.8% YoY
Under IRS private-foundation payout rules, The Schellman Family Foundation reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.
About The Schellman Family Foundation
Based on IRS filings
The Schellman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $26.5M in total assets. In 2024, it awarded 2 grants totaling $1.2M. Net investment income was $961K.
Focus Areas
Ready to take the next step with The Schellman Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,504,822 | $26,619,549 | $27,144,639 |
| Revenue | $1,033,742 | $688,513 | $-2,529,402 |
| Expenses | $1,381,940 | $1,318,951 | $465,443 |
| Qualifying Distributions | $1,304,424 | $1,246,453 | $308,574 |
| Net Investment Income | $960,826 | $796,308 | $3,008,905 |
| Distributable Amount | $1,494,897 | $1,359,418 | $1,325,235 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fidelity Investments Charitable Gift Fund ($933,945), Fidelity Investments Charitable Gift Fund ($305,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND BOSTON, MA | Chris and Lauren Schellman Giving Fund (IN-KIND GRANTS - SEE GENERAL EXPLANATION) | $933,945 |
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND BOSTON, MA | General & Unrestricted | $305,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Christopher L Schellman | Dir, Pres, Sec, Treas | 1 | — |
| Lauren Gonzmart Schellman | Dir, VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Schellman Family Foundation?
The Schellman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $26.5M in total assets as of 2024.
How large is The Schellman Family Foundation?
As of 2024, The Schellman Family Foundation holds $26.5M in total assets with $1.0M in annual revenue. It awarded 2 grants totaling $1.2M in 2024.
Where does The Schellman Family Foundation operate?
The Schellman Family Foundation has awarded grants in Connecticut, Massachusetts.
What size grants does The Schellman Family Foundation award?
In 2024, The Schellman Family Foundation awarded 2 grants totaling $1.2M — an average of about $619K per grant, based on its IRS Form 990 filings.
How much is The Schellman Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Schellman Family Foundation reported a distributable amount of $1.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Schellman Family Foundation's EIN?
The Schellman Family Foundation's EIN (Employer Identification Number) is 87-2739681. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Schellman Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Rotary Foundation of Rotary
EVANSTON, IL
Assets
$1.5B
Grants
288
Total Given
$21.1M
T Rowe Price Program for Charitable
BALTIMORE, MD
Assets
$648.3M
Grants
2,900
Total Given
$132.5M
The Winston-Salem Foundation
WINSTONSALEM, NC
Assets
$630.1M
Grants
823
Total Given
$88.8M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Impactassetsinc
BETHESDA, MD
Assets
$3.0B
Grants
2,733
Total Given
$580.1M
The Community Foundation for Greater
ATLANTA, GA
Assets
$1.5B
Grants
1,414
Total Given
$152.3M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Raymond James Charitable Endowment Fund
ST PETERSBURG, FL
Assets
$1.9B
Grants
6,906
Total Given
$288.7M
United Jewish Foundation
BLOOMFIELD HILLS, MI
Assets
$674.9M
Grants
280
Total Given
$44.2M
Bell Family Foundation Inc
COVINA, CA
Assets
—
Grants
4
Total Given
$3.2M
Freedom Together Foundation
NEW YORK, NY
Assets
$3.4B
Grants
595
Total Given
$470.0M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Schellman Family Foundation 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
Go from researching The Schellman Family Foundation to a real strategy.