Program areas at The Schuster Foundation
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 2022, 2 children received tuition assistance. Additionally, 421 coats were purchased for low-income children and 1,600 equestrian riding and grooming lessons were provided to approximately 210 children. Woodshop and crafts had about 42 lessons over The year providing lessopns to about 12 to 16 children. Approximately 60 children participated in The summer day camp.
The Foundation provided three 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.
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.
Rental income is received from two tenants. One company rents The use of The stables, riding paths and riding rink and provides boarding, grooming, and riding services and lessons to third parties. This provides The Foundation with horses to utilize in its equestrian activities and The rent income is The primary findraiser that directly offsets costs of owning and operating The farm. The second tenant is a farming concern renting acrage for planting of crops. This rental agreement also assists The Foundation in bringing some upkeep to The grounds and The income generated is used to reduce The Foundation's farm operatings costs.
Who funds The Schuster Foundation
Grants from foundations and other nonprofits
Personnel at The Schuster Foundation
Name | Title | Compensation | Date of data |
---|
Daniel G Schuster | Trustee | $0 | 2023-03-02 |
Financials for The Schuster Foundation
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $755,200 | $1,760,000 | -57.1% |
Investment income and dividends | $0 | $0 | - |
Net rental income | $3,396 | $55,083 | -93.8% |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Gross sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $777,766 | $1,815,083 | -57.1% |
Organizations like The Schuster Foundation
Organization | Type | Location | Revenue |
---|
Maureen Connolly Brinker Tennis Foundation | 501(c)(3) | Dallas, TX | $1,763,828 |
Young Americans Center for Financial Education | 501(c)(3) | Denver, CO | $3,170,410 |
Bohemian Gymnastic Association | 501(c)(3) | New York, NY | $292,864 |
Plumas County Fire Safe Council | 501(c)(3) | Quincy, CA | $3,202,739 |
Lend A Hand Society | 501(c)(3) | Boston, MA | $298,225 |
Beacon of Hope Foundation | 501(c)(3) | Columbia, MO | $551,513 |
Renewing Communities | 501(c)(3) | Indianapolis, IN | $1,946,907 |
Home Again Pine Bluff | 501(c)(3) | Pine Bluff, AR | $196,204 |
Simeon Squared Foundation | 501(c)(3) | Dallas, TX | $284,930 |
Aspire Foundation | 501(c)(3) | Clinton, TN | $3,413,609 |
Data update history
June 18, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 8, 2022
Posted financials
Added Form 990PF for fiscal year 2020
August 19, 2021
Posted financials
Added Form 990R for fiscal year 2019
September 6, 2020
Updated personnel
Identified 5 new personnel
Nonprofit Types
Private foundationsPrivate operating foundationsCharities
Issues
Human services
Characteristics
Partially liquidatedTax deductible donationsNo full-time employees
General information
- Address
- PO Box 703
- Owings Mills, MD 21117
- Metro area
- Baltimore-Columbia-Towson, MD
- County
- Baltimore County, MD
- Phone
- (410) 363-9620
IRS details
- EIN
- 82-3526555
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 2019
- 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
Free account sign-up
Want updates when The Schuster Foundation has new information, or want to find more organizations like The Schuster Foundation?
Create free Cause IQ account