Richard & Enika Schulze Foundation
- Assets
- $7.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 26-1614982
Organization Overview
Richard & Enika Schulze Foundation is located in Dallas, TX. The organization was established in 2009. 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. Richard & Enika Schulze 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 12/2021, Richard & Enika Schulze Foundation generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $743.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Richard & Enika Schulze Foundation has awarded 72 individual grants totaling $4,435,584. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Schulze Director | 1 | $7,038 | |
Richard H Schulze President | 5 | $4,000 | |
Enika Schulze Secretary | 3 | $4,000 | |
Carl W Schulze Director | 1 | $4,000 | |
Linda Monaco Director | 1 | $4,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $607,540 |
| Interest on Savings | $0 |
| Dividends & Interest | $141,708 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $895,186 |
| Capital Gain Net Income | $895,186 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$92,182 |
| Total Revenue | $1,552,252 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,038 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,816 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,607 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $148,525 |
| Contributions, gifts, grants paid | $595,423 |
| Total expenses and disbursements | $743,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $15,000 |
| 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 | $7,332,543 |
| Total assets | $7,347,543 |
| 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, Richard & Enika Schulze Foundation has awarded $595,423 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: SUPPORT | $300,000 |
SOUTHERN METHODIST UNIVERSITY PURPOSE: SUPPORT | $140,000 |
Dallas, TX PURPOSE: SUPPORT | $80,000 |
Newport Beach, CA PURPOSE: SUPPORT | $50,000 |
ORCHESTRA OF NEW SPAIN PURPOSE: SUPPORT | $25,000 |
FROM PASSTHROUGH - CIC IV LP PURPOSE: FROM PASSTHROUGH | $208 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |