Werner W Schulze and Christine Schulze
Werner W Schulze and Christine Schulze is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HENDERSON, NV. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $679K in total assets. In 2024, it awarded 8 grants totaling $35K. Net investment income was $40K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$679K
+4.2% YoY
Annual Giving
$35K
+8.1% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$4K
+8.1% YoY
Under IRS private-foundation payout rules, Werner W Schulze and Christine Schulze reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.
About Werner W Schulze and Christine Schulze
Based on IRS filings
Werner W Schulze and Christine Schulze is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HENDERSON, NV. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $679K in total assets. In 2024, it awarded 8 grants totaling $35K. Net investment income was $40K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $678,712 | $651,115 | $657,322 |
| Revenue | $19,202 | $21,984 | $-4,409 |
| Expenses | $56,214 | $55,064 | $69,625 |
| Qualifying Distributions | $34,600 | $32,000 | $35,500 |
| Net Investment Income | $40,127 | $41,857 | $26,237 |
| Distributable Amount | $34,115 | $30,977 | $34,498 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Safe Nest ($10,000), Ronald McDonald House - LV ($6,000), Catholic Charities of Southern NV ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| The American Red Cross Las Vegas, NV | Support disaster relief for families | $2,500 |
| Marines Toys For Tots Triangle, VA | Social Welfare | $2,000 |
| Safe Nest Las Vegas, NV | Care and support of abused women and children | $10,000 |
| Ronald McDonald House - LV Las Vegas, NV | Support the children and families facing medical challenges | $6,000 |
| Catholic Charities of Southern NV Las Vegas, NV | Social Assistance for the disadvantaged | $5,000 |
| Nevada Childhood Cancer Foundation Las Vegas, NV | Medical Research and services for critcally ill children | $4,000 |
| Spread The Word Nevada Henderson, NV | Promote literacy and teach Nevada's children to read | $3,000 |
| Noah's Animal House North Las Vegas, NV | Shelter for the animals belonging to battered women and children to keep the family unit together | $2,100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Elizabeth Stratemeyer | President | — | $1,000 |
| Ken Ashworth | Director | — | — |
| Lynna Hodgin | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Werner W Schulze and Christine Schulze?
Werner W Schulze and Christine Schulze is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HENDERSON, NV. It holds $679K in total assets as of 2024.
How large is Werner W Schulze and Christine Schulze?
As of 2024, Werner W Schulze and Christine Schulze holds $679K in total assets with $19K in annual revenue. It awarded 8 grants totaling $35K in 2024.
Where does Werner W Schulze and Christine Schulze operate?
Werner W Schulze and Christine Schulze has awarded grants in Nevada, Virginia.
What size grants does Werner W Schulze and Christine Schulze award?
In 2024, Werner W Schulze and Christine Schulze awarded 8 grants totaling $35K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Werner W Schulze and Christine Schulze required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Werner W Schulze and Christine Schulze reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Werner W Schulze and Christine Schulze's EIN?
Werner W Schulze and Christine Schulze's EIN (Employer Identification Number) is 04-3666360. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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