Schultz Foundation
- Assets
- $352.9k
- Revenue
- $70.1k
- Investments
- $323.0k
- Employees
- 0
- Location
- Greenbrae, CA
- Founding
- 07/1954
- Data as of
- 11/2022
- EIN
- 94-6073330
Organization Overview
Schultz Foundation is located in Greenbrae, CA. The organization was established in 1954. 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. 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 11/2022, Schultz Foundation generated $70.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $88.0k during the year ending 11/2022. While expenses have increased by 3.1% 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 2020, Schultz Foundation has awarded 52 individual grants totaling $343,000. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Iyana Christine Leveque Secretary | 0 | $0 | |
Mary Barbara Schultz V President | 0 | $0 | |
Andrea Schultz Pres, CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $46,177 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,962 |
| Capital Gain Net Income | $23,962 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $70,142 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,000 |
| Contributions, gifts, grants paid | $87,000 |
| Total expenses and disbursements | $88,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,859 |
| Savings and temporary cash investments | $0 |
| 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 | $352,885 |
| 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 | $612 |
| Total liabilities | $612 |
Grants Awarded
Over the last fiscal year, Schultz Foundation has awarded $87,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Greenbrae, CA PURPOSE: OUCHLESS ED | $45,000 |
BOY SCOUTS OF AMERICAMARIN COUNCIL PURPOSE: FRIENDS OF SCOUTING | $7,000 |
PACIFIC LEGAL FOUNDATION PURPOSE: GENERAL FUND | $6,000 |
San Rafael, CA PURPOSE: GENERAL FUND | $4,000 |
MARIN SYMPHONY FOUNDATION PURPOSE: GENERAL FUND | $4,000 |
Novato, CA PURPOSE: GENERAL FUND | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James G Boswell Foundation Pasadena, CA | $149,317,114 | $5,540,300 |
Dj And T Foundation San Marino, CA | $47,605 | $2,666,565 |
Terasaki Family Foundation Los Angeles, CA | $55,847,762 | $8,456,920 |
The Green Foundation Pasadena, CA | $146,510,073 | $6,369,927 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Smidt Foundation Beverly Hills, CA | $297,009,974 | $102,197,850 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Baker Street Foundation San Francisco, CA | $111,419,700 | $19,294,792 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Fletcher Jones Foundation Pasadena, CA | $171,018,850 | $2,557,259 |
Angell Foundation Los Angeles, CA | $118,335,921 | $5,741,529 |
Ben And Catherine Ivy Foundation Scottsdale, AZ | $302,350,252 | $12,975,372 |