Lisa and Michael Schultz Foundation Inc

EIN 134092871

Albany, NY 12212 |(518) 640-5000

Possibly inactive. Last 990-PF filing on record is from 2021 (5 years ago). This foundation may have filed its final return or ceased operations — verify before investing time in an application.

Total Given 2020–2021

$49K

2 grants · $24K avg/year

based on 2 yrs of IRS 990-PF records on file

<$100K/yr

micro funder

capacity

$24K

typical small grants · $14K–$35K

grant size

100%

deep partner · 1/1 multi-year

repeat

$4K

Assets (2020)

Distinct Recipients

About

THE LISA AND MICHAEL SCHULTZ FOUNDATION, INC. HAS RESOLVED TO VOLUNTARILY TERMINATE THE PRIVATE FOUNDATION STATUS AS OF 12/31/2021. THE TRUSTEES OF THE LISA AND MICHAEL SCHULTZ FOUNDATION, INC., HAVE DISTRIBUTED ALL REMAINING ASSETS TO QUALIFYING 501(C)(3) CHARITIES. ADDITIONALLY, THE FINAL FORM 990-PF HAS REQUESTED A REFUND OF $2,106, WHICH WILL BE USED TO SATISFY THE ADMINSITRATIVE EXPENSES FOR THE TERMINATION OF THIS FOUNDATION.

Application Information

Accepts Unsolicited Proposals No — Preselected Only

Phone (518) 640-5000

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table

Year	Total Giving	Total Assets	Revenue	Grants
2019	N/A	$11K	$119K	N/A
2020	$46K	$4K	$51K	1
2021	$4K	$0	$0	1

Grant Size Distribution

Based on 2 grants on record

Minimum

$4K

25th Pctl

$14K

Median

$24K

Average

$24K

75th Pctl

$35K

Maximum

$46K

Geographic Distribution

Officers & Directors

Lisa Schultz

President Leadership

Lawrence S Blumberg

Vice President Leadership

Michael Schultz

Secretary Leadership

Grants Awarded (2 total)

			Purpose
See Attached List	Albany, NY	$45,500	FOR GENERAL CHARITABLE PURPOSES	2020
See Attached List	Albany, NY	$3,500	GENERAL CHARITABLE PURPOSES	2021