Hall Schultz Foundation is located in Union, NJ. The organization was established in 1956. 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. Hall Schultz 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 07/2022, Hall Schultz Foundation generated $27.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $28.7k during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hall Schultz Foundation has awarded 173 individual grants totaling $414,294. 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.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Jerome Schultz Trustee  | 1 | $0 | |
Robert Schultz Trustee  | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $4,952 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $27,778 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Pension plans, employee benefits | $0 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Total operating and administrative expenses | $358 | 
| Contributions, gifts, grants paid | $28,335 | 
| Total expenses and disbursements | $28,693 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,829 | 
| Investments—mortgage loans | $0 | 
| Investments—other | $36,345 | 
| Other assets | $595 | 
| Mortgages and other notes payable | $0 | 
| Other liabilities | $0 | 
Over the last fiscal year, Hall Schultz Foundation has awarded $28,335 in support to 12 organizations.
| Grant Recipient | Amount | 
|---|---|
AMERICAN JEWISH COMMITTEE PURPOSE: TO HELP FUND THE ORGANIZATION MISSIONTO HELP FUND THE ORGANIZATION MISSION  | $2,500 | 
ART STUDENTS LEAGUE OF NY PURPOSE: TO HELP FUND THE ORGANIZATION MISSION  | $250 | 
CONGREGATION AGUDATH ISRAEL PURPOSE: TO HELP FUND THE ORGANIZATION MISSION  | $3,735 | 
CONGREGATION B'NAI ISRAEL PURPOSE: TO HELP FUND THE ORGANIZATION MISSION  | $3,540 | 
CONGREGATION B'NAI JERSHURUN PURPOSE: TO HELP FUND THE ORGANIZATION MISSION  | $3,697 | 
CONGREGATION OHEB SHALOM PURPOSE: TO HELP FUND THE ORGANIZATION MISSION  | $3,813 |