The Schultz-Hill Foundation

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501(c)(3) charity; gifts are tax-deductible.
$25K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: 990-PF Part VIII

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $30K a year · 16% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$25K
to officers and key staff · 13% of spending
Pay to officers and key staff is 13% of spending.
990-PF Part VIII
9.0 mo
of spending, in cash
9.0 months of spending in cash.
990-PF Pt II · Ln 1–2 · Pt I · Ln 26
Named funders
2
named funders · $2K
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$235
0.02% of total assets
Liabilities are 0.02% of assets.
990-PF Pt II · Ln 23
Revenue
$234K
+11% vs prior year
Spent
$198K
Net assets
$1.0M
By yearFY2020–FY2025
Revenue
$234K
FY2025▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$116K
FY2021$231K
FY2022$75K
FY2023$218K
FY2024$211K
FY2025$234K
Expenses
$198K
FY2025▲ +94%
Tap a bar for its year
Expenses by fiscal year
FY2020$142K
FY2021$163K
FY2022$123K
FY2023$179K
FY2024$102K
FY2025$198K
Net assets
$1.0M
FY2025▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$655K
FY2021$723K
FY2022$675K
FY2023$832K
FY2024$942K
FY2025$1.0M

From the FY2025 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 25% · $49K Operating & administrative 75% · $149K

Form 990-PF Part I, lines 24–26. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990-PF; $25K paid to officers and key staff (990-PF Part VIII).

990-PF Part VIII · reportable compensation
Co-Founder,
$25,000990-PF Pt VIII
$0990-PF Pt VIII
$0990-PF Pt VIII
Director
$0990-PF Pt VIII
$0990-PF Pt VIII
Director
$0990-PF Pt VIII
$0990-PF Pt VIII
Co-Founder
$0990-PF Pt VIII
See The Schultz-Hill Foundation executive salaries →

Programs and updates

A private foundation based in Atlantic City, NJ.

Questions for The Schultz-Hill Foundation

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 29 grants · $42K · 2025–2025
Venice TheaterFY2025$10,500
Atlantic City Boys and GirlsFY2025$4,500
Individual RecipientFY2025$3,500
Stafford Performing Arts CenterFY2025$3,171
Atlantic City Arts FoundationFY2025$2,000
Tara Miller Melanoma FoundationFY2025$1,600
Ocean City Theater CompanyFY2025$1,500
Individual RecipientFY2025$1,500
Highland Children's AcademyFY2025$1,500
Atlantic City Theater CompanyFY2025$1,500
Save Lucy CommitteeFY2025$1,500
Individual RecipientFY2025$1,500
Individual RecipientFY2025$1,250
Holy Spirit Music ProgramFY2025$1,000
Individual RecipientFY2025$1,000
Individual RecipientFY2025$500
Raise the BarFY2025$500
South Jersey Aids AllianceFY2025$500
See all 29 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$1K
Median grantPart XV$1K
Largest grantPart XV$10K

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$234K
Gifts and grants$177K
Other income$32K
Investment income$26K
Money out
$198K
Grants paid$49K
Running costs$149K
Owns and owes
$1.0M
net assets
Cash and savings$149K
Total assets$1.0M
Liabilities$235
People
11
listed
Paid1
2In more detail
Revenue in detail
Gifts and grants$177K
Investment income$26K
Other income$32K
Total revenue$234K
Assets in detailEnd of year
Cash and savings together$149K
Total assets$1.0M
Liabilities$235
Net assets$1.0M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Aug 25, 2026 $234K$198K$36K$1.0M 990 PDF
FY2024Filed with the IRS Oct 6, 2025 $211K$102K$109K$942K 990 PDF
FY2023Filed with the IRS Oct 15, 2024 $218K$179K$39K$832K 990 PDF
FY2022Filed with the IRS May 25, 2023 $75K$123K−$47K$675K 990 PDF
FY2021Filed with the IRS May 9, 2022 $231K$163K$68K$723K 990 PDF
FY2020Filed with the IRS Oct 20, 2021 $116K$142K−$26K$655K 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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