The Schellman Family Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 87-2739681

The Schellman Family Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $26.1M in total assets. In 2025, it awarded 2 grants totaling $2.2M. Net investment income was $1.1M.

Key facts about The Schellman Family Foundation

In short: The Schellman Family Foundation gave $2.2M across 2 grants in 2025 (avg $1.1M), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
87-2739681
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,175,079
Grants made (2025)
2
Average grant
$1,087,540
Median grant
$1,087,540
Total assets
$26,131,389
Primary geography
Massachusetts (99% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$26.1M

-1.4% YoY

Annual Giving

$2.2M

+75.6% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$1.1M

+75.6% YoY

Under IRS private-foundation payout rules, The Schellman Family Foundation reported a distributable amount of $1.6M for 2025 — the minimum it must pay out in qualifying distributions.

How The Schellman Family Foundation gives

  • Giving grew 770% from 2022 to 2025. Method
  • In 2025 it paid out 141% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

BostonIndianapolisNew Haven

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M0 grants2021 1 grant2022 2 grants2023 2 grants2024 2 grants2025

From 2022 to 2025, annual grant giving ranged from $250K (2022) to $2.2M (2025). In 2025 it made 2 grants totaling $2.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Fidelity Investments Charitable Gift Fund: $2.1MFidelity InvestmentsCharitable Gift Fund$2.1MRenaissance Charitable Foundation Inc: $27KRenaissance CharitableFoundation Inc$27K

The largest 2025 recipient was Fidelity Investments Charitable Gift Fund ($2.1M). Together the top 2 received $2.2M.

Grant Size Distribution

7 grants across all recorded years

1<$50K$50–100K$100–250K2$250–500K3$500K–1M1$1–5M$5M+

The most common grant size was in the $500K–1M range: 3 grants of 7 (43%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Investments Charitable Gift Fund Boston, MAGeneral & Unrestricted (See General Explanation)$2,148,048
Renaissance Charitable Foundation Inc Indianapolis, INGeneral & Unrestricted$27,031

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M$40M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$26,131,389$26,504,822$26,619,549
Revenue$1,035,473$1,033,742$688,513
Expenses$2,329,200$1,381,940$1,318,951
Qualifying Distributions$2,241,867$1,304,424$1,246,453
Net Investment Income$1,100,118$960,826$796,308
Distributable Amount$1,584,481$1,494,897$1,359,418

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
  2. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

The Schellman Family Foundation is led by Christopher L Schellman, Director, President, Secretary & Treasurer on every filing since 2021; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Christopher L Schellman

    Director, President, Secretary & Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lauren Gonzmart Schellman

    Director & Vice President

    On filings since 2022

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Schellman Family Foundation

How much does The Schellman Family Foundation give each year?

The Schellman Family Foundation gave $2.2M across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.2M across 2 grants.

How large is The Schellman Family Foundation?

The Schellman Family Foundation reported $26.1M in total assets on its 2025 IRS Form 990-PF. It paid out $2.2M in qualifying distributions that year, against a required minimum of $1.6M (roughly 5% of its investment assets).

Where does The Schellman Family Foundation operate?

The Schellman Family Foundation has awarded grants in Connecticut, Indiana, Massachusetts.

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 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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