The Helmut Wolfgang Schumann Foundation
- Assets
- $2.2m
- Revenue
- $125.3k
- Investments
- $2.1m
- Employees
- 0
- Location
- Hanover, NH
- Founding
- 03/1985
- Data as of
- 10/2023
- EIN
- 22-2573793
Organization Overview
The Helmut Wolfgang Schumann Foundation is located in Hanover, NH. The organization was established in 1985. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Helmut Wolfgang Schumann Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2023, Helmut Wolfgang Schumann Foundation generated $125.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.8%) each year. All expenses for the organization totaled $134.4k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Helmut Wolfgang Schumann Foundation has awarded 214 individual grants totaling $376,820. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric R Schumann Trustee | 1 | $5,000 | |
Mary Schumann Drewek Trustee | 1 | $5,000 | |
Claudia Jacobson Trustee | 1 | $5,000 | |
Petra Schumann Trustee | 1 | $5,000 | |
Alexandra Schumann Patchan Trustee | 1 | $5,000 | |
Daniel Schumann Trustee | 1 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,979 |
| Dividends & Interest | $53,352 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $69,546 |
| Capital Gain Net Income | $69,546 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $391 |
| Total Revenue | $125,268 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,366 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $47,601 |
| Contributions, gifts, grants paid | $86,770 |
| Total expenses and disbursements | $134,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,685 |
| Savings and temporary cash investments | $15,178 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,196,425 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Helmut Wolfgang Schumann Foundation has awarded $86,770 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMBER'S ASSOCIATION PURPOSE: GENERAL SUPPORT | $200 |
ARTSPAN PURPOSE: GENERAL SUPPORT | $1,500 |
ANOTHER CHANCE RANCH PURPOSE: GENERAL SUPPORT | $5,000 |
BARC PURPOSE: GENERAL SUPPORT | $2,000 |
BETHANY MENNONITE CHURCH PURPOSE: GENERAL SUPPORT | $5,000 |
BUILDING FAMILIES FOR CHILDREN PURPOSE: GENERAL SUPPORT | $2,000 |