Funder DirectorySCHUMANN FUND FOR NEW JERSEY INC
Back to directory

Private foundation (trust)EIN 521556076Est. 1988-03

SCHUMANN FUND FOR NEW JERSEY INC

MONTCLAIR, NJ 07042

Accepts unsolicited proposals

Total Assets

$33.7M

FY 2024

Annual Giving

$1.4M

FY 2024

Grants Made

58

FY 2024

Avg Grant

$24K

FY 2024

Grant Range

$1K–$75K

Typical

Deadlines

The schumann fund board of trustees me…

Applications

Programs & Activities

Program 1

$7K

Schumann fund hosts gatherings and meetings to benefit nonprofits, peer funders, and community leaders. In 2024, these events included the annual schumann social, a gathering of nonprofit grantee partners and peer funders and an event celebrating the first executive director of schumann fund, h. Carl mccall, which was attended by nonprofit grantee partners and peer funders.

Financial Snapshot

2024 filing

Total Revenue

$1.5M

Total Expenses

$2.4M

Qualifying Distributions

$1.9M

Distributable Amount

$1.6M

Min. Investment Return

$1.6M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

58 grants

Grant sizes from minimum $1K through median $25K to maximum $75K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $1.5M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

204 grants

IRONBOUND COMMUNITY CORPORATION
$505K
8 grants
ADVOCATES FOR CHILDREN OF NEW JERSEY
$350K
5 grants
MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE
$203K
8 grants
CLINTON HILL COMMUNITY ACTION
$175K
3 grants
PROGRAMS FOR PARENTS
$170K
4 grants
NEW JERSEY INSTITUTE FOR SOCIAL JUSTICE
$145K
4 grants
COMMUNITY FOUNDATION OF NEW JERSEY
$135K
7 grants
LEGAL SERVICES OF NEW JERSEY
$130K
4 grants

Grant Size Distribution

204 grants

<$10K
70
grants
$10–50K
125
grants
$50–250K
9
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

3 states

New Jersey
$4.8M
97% of total
New York
$120K
2% of total
California
$5K
0% of total

Ready to work on a proposal for SCHUMANN FUND FOR NEW JERSEY INC?

This funder accepts unsolicited proposals. Start a draft with them pre-selected.

Draft an application for SCHUMANN FUND FOR NEW JERSEY INC
Funder alerts

Track SCHUMANN FUND FOR NEW JERSEY INC

Get an email when Grantivo has new data for SCHUMANN FUND FOR NEW JERSEY INC, such as a fresh IRS filing, updated financials, or newly reported grants. No account needed.

Free. Unsubscribe anytime. Or create an account to draft an application.

SCHUMANN FUND FOR NEW JERSEY INC — Grants, Financials & Contact | Grantivo