Cohen-Schultz Charitable Foundation is located in Sunnyvale, CA. The organization was established in 2000. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cohen-Schultz 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 12/2022, Cohen-Schultz Charitable Foundation generated $22.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $35.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cohen-Schultz Charitable Foundation has awarded 104 individual grants totaling $226,252. 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
GRANTS TO 501(C)(3) ORGANIZATIONS FOR EDUCATIONAL, ARTS, HEALTH SERVICES, AND LOCAL COMMUNITY USES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah L Schultz President | 2 | $0 | |
Gary L Cohen Treasurer/secretary | 2 | $0 | |
Veronika L Cohen Succesor Director | 1 | $0 | |
Joshua R Cohen Succesor Director | 1 | $0 | |
Kevin Keegan Succesor Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $111 |
| Dividends & Interest | $22,797 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,908 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $579 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,634 |
| Contributions, gifts, grants paid | $33,772 |
| Total expenses and disbursements | $35,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $47,955 |
| 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 | $422,761 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $470,716 |
| 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 |
Over the last fiscal year, Cohen-Schultz Charitable Foundation has awarded $33,772 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL ASSISTED HAPPINESS PURPOSE: WELLNESS/EDUCATIONAL | $2,000 |
GREATER FRANKENMUTH COMMUNITY FOUNDATION PURPOSE: SUPPORT COMMUNITY OF FRANKENMUTH MICHIGAN | $5,000 |
HABITAT FOR HUMANITY PURPOSE: HOUSING ASSITANCE | $1,029 |
LAND TRUST OF SANTA CRUZ COUNTY PURPOSE: OPEN SPACE LAND TRUST | $3,500 |
PLANNED PARENTHOOD PURPOSE: HEALTH SUPPORT | $1,000 |
POST PURPOSE: OPEN SPACE LAND TRUST | $2,000 |