Tuw Shultz Scholarship Fund
Tuw Shultz Scholarship Fund is a private foundation, based in Lenox, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $145K in total assets. In 2025, it awarded 4 grants totaling $8K. Net investment income was $20K.
Tuw Shultz Scholarship Fund at a glance
In short: Tuw Shultz Scholarship Fund gave $8K across 4 grants in 2025 (avg $2K), mostly in Connecticut. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $8,000
- +6.7% vs 2024
- Grants made (2025)
- 4
- -20.0% vs 2024
- Average grant
- $2,000
- +33.3% vs 2024
- Median grant
- $2,000
- Total assets
- $144,692
- +7.7% vs 2024
- Primary geography
- Connecticut (75% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Tuw Shultz Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Abigail Foulds Central Connecticut State University ($2K).
Organizations only. It also paid 3 individual scholarships ($6,000), which are not listed by name.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 16 grants of 16 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How Tuw Shultz Scholarship Fund gives
- Giving held roughly steady from 2022 to 2025 (+13%). Method
- In 2025 it paid out 108% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $5K (2023) to $8K (2025). In 2025 it made 4 grants totaling $8K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Abigail Foulds Central Connecticut State University New Britain, CT | Scholarhsip | $2,000 |
| 3 individual scholarships Recipients not named | — | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $144,692 | $21,776 | $11,496 | $8,000 | 4 | $8,938 | $19,648 | $8,260 |
| 2024 | $134,304 | $15,261 | $11,766 | $7,500 | 5 | $9,458 | $13,052 | $8,151 |
| 2023 | $130,681 | $6,065 | $7,947 | $5,250 | 4 | $6,120 | $4,237 | $10,345 |
| 2022 | $132,584 | $3,617 | $10,420 | $7,067 | 1 | $7,835 | $1,278 | $7,646 |
| 2021 | $139,393 | $12,774 | $11,553 | $6,500 | 2 | $8,701 | $9,915 | $8,728 |
| 2020 | $138,171 | $3,301 | $11,650 | $7,700 | 1 | — | $757 | $7,788 |
Under IRS private-foundation payout rules, Tuw Shultz Scholarship Fund reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Tuw Shultz Scholarship Fund's only listed officer is Beacon Bank, Trustee on the 2025 filing (compensated).
Officers on the 2025 filing
Beacon Bank
Trustee
New on the 2025 filing
1 hr/week
$2K (2025)
Former officers (1)
- Former: Berkshire Bank (2020–2024) — Trustee
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 $2K, to Beacon Bank (Trustee).
Frequently asked questions about Tuw Shultz Scholarship Fund
How much does Tuw Shultz Scholarship Fund give each year?
Tuw Shultz Scholarship Fund gave $8K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 5 grants.
What is Tuw Shultz Scholarship Fund's typical grant size?
Tuw Shultz Scholarship Fund's median grant in 2025 was $2,000, and its average grant was $2,000, across 4 grants on its 2025 IRS Form 990-PF.
Where does Tuw Shultz Scholarship Fund give grants?
Tuw Shultz Scholarship Fund gives mostly in Connecticut: 75% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (25%).
Does Tuw Shultz Scholarship Fund give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Tuw Shultz Scholarship Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (3 grants).
How large is Tuw Shultz Scholarship Fund?
Tuw Shultz Scholarship Fund reported $145K in total assets on its 2025 IRS Form 990-PF. It paid out $9K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).
What is Tuw Shultz Scholarship Fund's EIN?
Tuw Shultz Scholarship Fund's EIN (Employer Identification Number) is 06-6205123. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 3, 2024)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 5, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
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