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EIN 52-1556076

Schumann Fund for New Jersey

IRS 501(c) type
501(c)(3)
Num. employees
2
City
Montclair
State
New Jersey
Year formed
1988
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
Schumann Fund for New Jersey is a private foundation that primarily funds trustee grant, operating support, undoing racism training, youth justice work, social emotional learning pooled fund, parent ally program, newark philanthropic. Grantees include Advocates For Children Of New Jersey and others. Schumann Fund for New Jersey made 36 grants last year.
Total revenues
$2,206,106
2023
Total expenses
$2,282,642
2023
Total assets
$32,343,862
2023
Num. employees
2
2023

Grants made by Schumann Fund for New Jersey

GranteeGrant descriptionAmount
Advocates for Children of New JerseyOperating Support - (Emphasis on Child Welfare and Early Childhood Policy Work)$75,000
Programs for Parents (PfP)Program/project Support - Parent-Led Programming Around Adverse Childhood Experiences (Aces) and A One-Time ( $5,000) Supplemental Payment Intended To Support the Salary of New CEO Nayibe Capellan$55,000
Clinton Hill Community ActionOperating Support - (Focus on Affordable and Healthy Homes)$50,000
...and 44 more grants made totalling $979,500

Personnel at Schumann Fund for New Jersey

NameTitleCompensation
Lucy VandenbergBoard Member$215,000
Annette StricklandPast Executive Director$71,552

Financials for Schumann Fund for New Jersey

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$495,214
Net rental income$0
Net gain from sale of non-inventory assets$1,730,683
Gross sales of inventory$0
Miscellaneous revenues$-19,791
Total revenues$2,206,106

Form 990s for Schumann Fund for New Jersey

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-03990PFView PDF
2022-122023-10-30990PFView PDF
2021-122022-10-24990PFView PDF
2020-122021-11-01990PFView PDF
2019-122021-06-11990PFView PDF
...and 9 more Form 990s
Data update history
March 19, 2024
Updated personnel
Identified 8 new personnel
January 21, 2024
Posted financials
Added Form 990PF for fiscal year 2022
December 31, 2023
Used new vendors
Identified 1 new vendor, including
July 14, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 27, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsAccepts online donations
General information
Address
21 Van Vleck St
Montclair, NJ 07042
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Essex County, NJ
Website URL
schumannfund.org/ 
Phone
(973) 509-9883
IRS details
EIN
52-1556076
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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