Schulte Charitable Foundation

Organization Overview

Schulte Charitable Foundation is located in Hockley, TX. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schulte Charitable 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 12/2021, Schulte Charitable Foundation generated $705.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.0% each year . All expenses for the organization totaled $56.7k during the year ending 12/2021. While expenses have increased by 1.1% per year over the past 7 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 2014, Schulte Charitable Foundation has awarded 116 individual grants totaling $473,893. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $700,000
Interest on Savings $15
Dividends & Interest $9,565
Net Rental Income$0
Net Gain on Sale of Assets -$3,701
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $705,879

Grants Awarded

Over the last fiscal year, Schulte Charitable Foundation has awarded $54,515 in support to 16 organizations.

Grant RecipientAmount

UNIVERSITY OF SAN DIEGO

PURPOSE: CHARITY

$16,965

BOYS AND GIRLS COUNTRY

PURPOSE: CHARITY

$15,000

HOUSTON LIVESTOCK SHOW & RODEO

PURPOSE: EDUCATION

$9,500

STRAKE JESUIT

PURPOSE: CHARITY

$4,260

CFISD FOUNDATION

PURPOSE: CHARITYEDUCATION

$2,500

CHANCE OF HOPE

PURPOSE: CHARITYEDUCATION

$1,700
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