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Private non-operating foundationEIN 823526555Est. 2019-06

THE SCHUSTER FOUNDATION

OWINGS MILLS, MD 211170703

Accepts unsolicited proposals

Total Assets

$5.9M

FY 2024

Annual Giving

FY 2024

Grants Made

0

FY 2024

Avg Grant

FY 2024

Grant Range

Typical

Deadlines

Open / rolling

Applications

Programs & Activities

Program 1

$2.4M

The foundation provides educational and recreational opportunities for underprivileged households in the greater baltimore region. This includes educational tuition assistance, equestrian lessons, woodshop and craft activities and a summer day camp on maryland's eastern shore. During 2024, 2 children received tuition assistance. Additionally, 500 coats were purchased for low-income children and 1,400 equestrian riding and grooming lessons were provided to approximately 170 children. Woodshop and crafts had about 80 lessons over the year providing lessopns to about 15 to 20 children. Approximately 60 children participated in the summer day camp.

Program 2

$9K

The foundation provided two low-income disabled persons with assistance. The assistance was structure based on their needs. All these funds were used to alleviate some of the disabled persons from their burdens.

Program 3

$156K

The foundation's disaster aid program provided 11 families with emergency funding. The program provided funds for rent assistance and gift cards for grocery stores as well as other needs since many low-income people either lost their jobs or had a reduction in income or dealing with a medical emergency. Additionally,the foundation has been providing 40 warm fresh meals four times per week to low- income families totaling approximately 8,300 warm meals served.

Focus Areas

Human Services

Financial Snapshot

2024 filing

Total Revenue

$5.6M

Total Expenses

$2.6M

Qualifying Distributions

$969K

Min. Investment Return

$69K

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