Schulze Family Foundation
- Assets
- $1.4m
- Revenue
- $58.9k
- Investments
- $1.4m
- Employees
- 0
- Location
- Mercer Island, WA
- Founding
- 02/1999
- Data as of
- 04/2023
- EIN
- 91-1941658
Organization Overview
Schulze Family Foundation is located in Mercer Island, WA. The organization was established in 1999. 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. Schulze Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Schulze Family Foundation has awarded 120 individual grants totaling $854,550. 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
THE SCHULZE FAMILY FOUNDATION PROVIDES SUPPORT TO OTHER QUALIFIED 501(C)(3) ORGANIZATIONS ALLOWING THEM TO CARRY OUT CHARITABLE ACTIVITIES. ORGANIZATIONS SERVED = 4
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary F Schulze President/treasurer | 0 | $0 | |
Marie J Schulze V. President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $66,192 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,325 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $58,867 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,002 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $30,257 |
| Contributions, gifts, grants paid | $26,500 |
| Total expenses and disbursements | $56,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,825 |
| 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 | $377,219 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,406,205 |
| 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, Schulze Family Foundation has awarded $26,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SACRED HEART CHURCH PURPOSE: TO HELP FUND GENERAL CHARITABLE OPERATIONS | $500 |
EISENHOWER HEALTH FOUNDATION PURPOSE: TO HELP FUND GENERAL CHARITABLE OPERATIONS | $5,000 |
HOLY NAMES ACADEMY PURPOSE: TO HELP FUND GENERAL CHARITABLE OPERATIONS | $1,000 |
NORTHWEST HOPE & HEALING FOUNDATION PURPOSE: TO HELP FUND GENERAL CHARITABLE OPERATIONS | $20,000 |