The Helmut Wolfgang Schumann Foundation
- Assets
- $2.2m
- Revenue
- $191.2k
- Investments
- $2.1m
- Employees
- 0
- Location
- Hanover, NH
- Founding
- 03/1985
- Data as of
- 10/2022
- 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 10/2022, Helmut Wolfgang Schumann Foundation generated $191.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $184.5k during the year ending 10/2022. While expenses have increased by 14.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Helmut Wolfgang Schumann Foundation has awarded 167 individual grants totaling $290,050. 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
2022
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 | 0 | $0 | |
Petra Schumann Trustee | 0 | $0 | |
Alexandra Schumann Patchan Trustee | 0 | $0 | |
Mary Schumann Drewek Trustee | 0 | $0 | |
Claudia Jacobson Trustee | 0 | $0 | |
Daniel Schumann Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $291 |
| Dividends & Interest | $62,202 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $120,446 |
| Capital Gain Net Income | $120,446 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,260 |
| Total Revenue | $191,199 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $264 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $56,807 |
| Contributions, gifts, grants paid | $127,700 |
| Total expenses and disbursements | $184,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,792 |
| Savings and temporary cash investments | $30,008 |
| 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 | $2,203,695 |
| 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 $127,700 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
Milwaukee, WI PURPOSE: GENERAL SUPPORT | $9,000 |
A PLACE TO BE PURPOSE: GENERAL SUPPORT | $8,000 |
FRIENDS OF FRANKLIN PARK ART CENTER PURPOSE: GENERAL SUPPORT | $5,000 |
WMAA PURPOSE: GENERAL SUPPORT | $5,000 |
NPR PURPOSE: GENERAL SUPPORT | $5,000 |
ARC OF LOUDOUN PURPOSE: GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
The Morningside Foundation Newton Centre, MA | $22,445,720 | $11,895,776 |
The Patrick J Mcgovern Foundation Inc Boston, MA | $1,660,673,846 | $20,910,577 |
One8 Foundation Boston, MA | $488,764,350 | $32,279,319 |
Flatley Foundation Braintree, MA | $730,489,671 | $65,780,367 |
Iiegn Family Foundation Boston, MA | $7,705,932 | $1,021,594 |
State Street Foundation Inc Boston, MA | $7,590,446 | $6,540 |
Td Charitable Foundation Falmouth, ME | $0 | $26,328,021 |
Edward C Johnson Fund Boston, MA | $418,919,628 | $48,451,859 |
Broad Reach Foundation Boston, MA | $154,449,873 | $51,427,992 |
Tjx Foundation Inc Framingham, MA | $84,142,448 | $26,109,203 |
Richard And Susan Smith Family Foundation Newton, MA | $287,463,199 | $21,143,524 |