Paul & Norma Schaumburg Charitable Tr

Organization Overview

Paul & Norma Schaumburg Charitable Tr is located in Milford, IL. The organization was established in 2012. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Paul & Norma Schaumburg Charitable Tr 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 12/2022, Paul & Norma Schaumburg Charitable Tr generated $164.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $376.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Paul & Norma Schaumburg Charitable Tr has awarded 115 individual grants totaling $1,440,064. 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)Compensation
Cheryl Knake
Co Trustee
$15,000
Gayle Van Vickle
Co Trustee
$15,000
Craig Luke
Co Trustee
$15,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $3,957
Dividends & Interest $18,796
Net Rental Income$95,586
Net Gain on Sale of Assets $16,461
Capital Gain Net Income $14,495
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $14,571
Total Revenue $164,756

Grants Awarded

Over the last fiscal year, Paul & Norma Schaumburg Charitable Tr has awarded $282,515 in support to 16 organizations.

Grant RecipientAmount

MILFORD FIREFIGHTERS ASSOCIATION

PURPOSE: SUPPORT FIRE DEPARTMENT

$79,632

MILFORD SHELDON LITTLE LEAGUE

PURPOSE: LITTLE LEAGUE SUPPORT

$60,000

HART

PURPOSE: ANIMAL RESCUE

$35,000

SHELDONMILFORD ED FOUNDATION

PURPOSE: SUPPORT EDUCATION

$25,000

IROQUOIS COUNTY GOAT PRODUCERS

PURPOSE: GOAT BARN AT FAIR

$24,000

OUR SAVIOUR LUTHERAN CHURCH

Org PageRecipient Profile

Milford, IL

PURPOSE: SUPPORT CHURCH ACTIVITIES

$12,600
View Grant Profile

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