The Richard M Schulze Family Foundation

Organization Overview

The Richard M Schulze Family Foundation is located in Minneapolis, MN. The organization was established in 2014. 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.

For the year ending 12/2019, Richard M Schulze Family Foundation generated $165.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $48.1m during the year ending 12/2019. While expenses have increased by 21.0% per year over the past 3 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 2018, Richard M Schulze Family Foundation has awarded 2,327 individual grants totaling $86,024,287. 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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Northern Trust Company
$190,461
Us Bank
$69,615
University Of St Thomas
$277,500
Olympus Ventures Llc
$353,116
Windchill Technologies Llc
$146,813
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $25,506,086
Interest on Savings $745,244
Dividends & Interest $3,941,123
Net Rental Income$0
Net Gain on Sale of Assets $134,960,816
Capital Gain Net Income $134,960,816
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $165,153,269

Grants Awarded

Over the last fiscal year, The Richard M Schulze Family Foundation has awarded $43,514,105 in support to 1,221 organizations.

Grant RecipientAmount

AMERICAN CANCER SOCIETY-ATL

Org PageRecipient Profile

Atlanta, GA

PURPOSE: HUMAN SERVICES

$10,000,000

MOFFITT CANCER CENTER

PURPOSE: HEALTH

$2,000,000

UNIVERSITY OF ST THOMAS

Org PageRecipient Profile

St Paul, MN

PURPOSE: EDUCATION

$1,488,258

CATHOLIC CHARITIES

PURPOSE: HUMAN SERVICES

$1,000,000

UNIVERSITY OF ST THOMAS

Org PageRecipient Profile

St Paul, MN

PURPOSE: EDUCATION

$1,000,000

CATHOLIC SCHOOLS CENTER OF EXCELLENCE

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: EDUCATION

$850,000
View Grant Profile

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