The Walter C Schulz Foundation
The Walter C Schulz Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.3M in total assets. In 2025, it awarded 1 grant totaling $212K. Net investment income was $242K.
Key facts about The Walter C Schulz Foundation
In short: The Walter C Schulz Foundation gave $212K across 1 grant in 2025 (avg $212K), mostly in South Dakota. Source: 2025 IRS Form 990-PF.
- EIN
- 35-7027412
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $211,729
- Grants made (2025)
- 1
- Average grant
- $211,729
- Median grant
- $211,729
- Total assets
- $4,284,722
- Primary geography
- South Dakota (100% 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
$4.3M
-0.0% YoY
Annual Giving
$212K
+27.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$212K
+27.4% YoY
Under IRS private-foundation payout rules, The Walter C Schulz Foundation reported a distributable amount of $250K for 2025 — the minimum it must pay out in qualifying distributions.
How The Walter C Schulz Foundation gives
- Giving held roughly steady from 2022 to 2025 (+2%). Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $166K (2024) to $212K (2025). In 2025 it made 1 grant totaling $212K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Evangelical Lutheran Good Samaritan ($212K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Evangelical Lutheran Good Samaritan Sioux Falls, SD | General Operating | $211,729 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,284,722 | $4,284,863 | $4,353,020 |
| Revenue | $271,617 | $174,221 | $1,781,006 |
| Expenses | $271,816 | $242,356 | $239,315 |
| Qualifying Distributions | $239,591 | $185,817 | $208,580 |
| Net Investment Income | $242,110 | $139,704 | $1,750,181 |
| Distributable Amount | $249,984 | $231,403 | $183,662 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Walter C Schulz Foundation's only listed officer is JTC Trust Company Delaware LTD, Trustee & As Req'd on the 2025 filing (compensated).
Officers on the 2025 filing
JTC Trust Company Delaware LTD
Trustee & As Req'd
New on the 2025 filing
$53K (2025)
Former officers (1)
- Former: Citibank N A (2020–2024) — Trustee & As Req'd
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $53K, to JTC Trust Company Delaware Ltd (Trustee, as Req'd).
Frequently asked questions about The Walter C Schulz Foundation
How much does The Walter C Schulz Foundation give each year?
The Walter C Schulz Foundation gave $212K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $166K across 1 grant.
How large is The Walter C Schulz Foundation?
The Walter C Schulz Foundation reported $4.3M in total assets on its 2025 IRS Form 990-PF. It paid out $240K in qualifying distributions that year, against a required minimum of $250K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Walter C Schulz Foundation operate?
The Walter C Schulz Foundation has awarded grants in South Dakota.
What is The Walter C Schulz Foundation's EIN?
The Walter C Schulz Foundation's EIN (Employer Identification Number) is 35-7027412. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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