Arthur B Schultz Foundation
- Assets
- $6.9m
- Revenue
- $515.9k
- Investments
- $4.9m
- Employees
- 0
- Location
- Lander, WY
- Founding
- 06/1986
- Data as of
- 12/2022
- EIN
- 95-3980014
Organization Overview
Arthur B Schultz Foundation is located in Lander, WY. The organization was established in 1986. 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. Arthur B 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 12/2022, Arthur B Schultz Foundation generated $515.9k 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 (4.3%) each year. All expenses for the organization totaled $853.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Arthur B Schultz Foundation has awarded 209 individual grants totaling $1,780,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachael Richards Executive Director And Secretary | 30 | $135,200 | |
Erik Schultz Chairperson And Director | 1 | $0 | |
Tale Finnanger Vice President Treasurer Director | 1 | $0 | |
Shanu Bashuna Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,390 |
| Dividends & Interest | $60,067 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $359,221 |
| Capital Gain Net Income | $359,221 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $91,176 |
| Total Revenue | $515,854 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $135,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $33,695 |
| Interest | $0 |
| Taxes | $5,144 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $21,706 |
| Printing and publications | $0 |
| Other expenses | $89,596 |
| Total operating and administrative expenses | $353,198 |
| Contributions, gifts, grants paid | $500,750 |
| Total expenses and disbursements | $853,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,086,682 |
| Savings and temporary cash investments | $309,018 |
| 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 | $13,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,759,086 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $573,400 |
| Total assets | $6,861,610 |
| 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 | $36,831 |
| Total liabilities | $36,831 |
Grants Awarded
Over the last fiscal year, Arthur B Schultz Foundation has awarded $500,750 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
A LEG TO STAND ON PURPOSE: WHEELCHAIRS ASSISTIVE DEVICES FOR PEOPLE W/DISABILITIES | $12,500 |
ABAANA COMMUNITY OUTREACH AFRICA PURPOSE: ADOLESCENT GIRLS EMPOWERMENT W/SCHOOL SCHOLARSHIPS ECONOMIC EMPOWERMENT PROJECTS | $10,000 |
ADISA PURPOSE: WOMENS ECONOMIC TRAINING FOR CAREGIVERS OF PEOPLE W/DISABILITIES | $5,000 |
ASCATED PURPOSE: INCLUSIVE EDUCATION TEACHER TRAINING, PT/OT CLASSROOM PREPAREDNESS | $10,000 |
AMPLIFY GIRLS INC PURPOSE: MULTIPLE AGENCY BUILDING PROGRAMS INCLUDING EDUCATION SUPPORT, LEADERSHIP, MENTORSHIP, IT SKILLS, ETC FOR ADOLESCENT GIRLS AND YOUNG WOMEN IN RWANDA | $12,500 |
AKIRACHIX PURPOSE: 9 MONTH TECH LEADERSHIP PROGRAM FOR ADOLESCENT GIRLS | $12,500 |