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Filing year 2024

THE SCHULTZ FOUNDATION INC

Jacksonville, Florida·EIN 59-1055869·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$4.1M
Total assets
$6M
Total expenses
$498k
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 6 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Florida.

President
Board President
25th percentile to median
$19k
$20k
Secretary
Board Secretary
25th percentile to median
$16k
$16k
Director
Unclassified
$15k
$15k
Vice-president, Treasurer
Board President
25th percentile to median
$12k
$13k
Director
Unclassified
$12k
$13k
Former Vice-president
Board President
Below 10th percentile
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE SCHULTZ FOUNDATION INC equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
4%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$274k

Itemized grants

46

Median grant

$2k

RecipientLocationPurposeAmount
DANIELJACKSONVILLE, FLEDUCATIONAL/PUBLIC$100k
UNF FOUNDATION INCJACKSOVILLE, FLEDUCATIONAL/PUBLIC$22k
PAIDEIA SCHOOLATLANTA, GAEDUCATIONAL/PUBLIC$20k
FROM THE HEART PRODUCTIONOXNARD, CAEDUCATIONAL/PUBLIC$20k
NATURE CONSERVACY FLORIDAALTAMONTE SPRINGS, FLEDUCATIONAL/PUBLIC$10k
LEJA BULELA INCHOUSTON, TXEDUCATIONAL/PUBLIC$10k
EARTH JUSTICE LEGAL DEFENSE FUNDSAN FRANCISCO, CAEDUCATIONAL/PUBLIC$10k
INTERNATIONAL RESCUE COMMITTEEALBERT LEA, MNEDUCATIONAL/PUBLIC$5k
JACKSONVILLE ZOOLOGICAL GARDENSJACKSONVILLE, FLEDUCATIONAL/PUBLIC$5k
PLANNED PARENTHOODWASHINGTON DC, DCEDUCATIONAL/PUBLIC$5k
LISC JACKSONVILLEJACKSONVILLE, FLEDUCATIONAL/PUBLIC$5k
JACKSONVILLE AREA LEGAL AIDJACKSONVILLE, FLEDUCATIONAL/PUBLIC$5k
HIMALAYAN CATARACT PROJECTWATERBURY, VTEDUCATIONAL/PUBLIC$5k
FLORIDA THEAREJACKSONVILLE, FLEDUCATIONAL/PUBLIC$5k
DOCTORS WITHOUT BORDERSNEW YORK, NYEDUCATIONAL/PUBLIC$5k
BEACHES FINE ART SERIESJACKSONVILLE, FLEDUCATIONAL/PUBLIC$5k
ST JOHNS RIVERKEEPERJACKSONVILLE, FLEDUCATIONAL/PUBLIC$5k
SULZBACHER CENTER FOR THE HOMELESSJACKSONVILLE, FLEDUCATIONAL/PUBLIC$5k
SCHULTZ CTR FOR TEACHING & LEADERSHIPJACKSONVILLE, FLEDUCATIONAL/PUBLIC$3k
WOLFSON'S CHILDREN'S HOSPITALJACKSONVILLE, FLEDUCATIONAL/PUBLIC$2k
EQUAL JUSTICE INITIATIVEMONTGOMERY, ALEDUCATIONAL/PUBLIC$2k
HABIJAXJACKSONVILLE, FLEDUCATIONAL/PUBLIC$2k
NATIONAL RESOURCES DEFENCE COUNCILALBANY, NYEDUCATIONAL/PUBLIC$2k
SAFE WATER NETWORKNEW YORK, NYEDUCATIONAL/PUBLIC$1k
FRIENDS OF THE EVERGLADSMIAMI, FLEDUCATIONAL/PUBLIC$1k
Compare this foundation's grantees

Up 58%
from 2023

From $12k in 2023 to $19k in 2024.

$12k
2023
$19k
2024
In today's dollarsEst.
Up 54% in real terms$13k to $20k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 58% from 2023 to 2024, while revenue rose 3500%.

$12k in 2023 to $19k in 2024.
  • Board Secretary pay rose 1450% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE SCHULTZ FOUNDATION INC

What does the Board President of THE SCHULTZ FOUNDATION INC earn?

In 2024, the Board President of THE SCHULTZ FOUNDATION INC received $19,000 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Florida, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at THE SCHULTZ FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Florida, the 2024 pay of the Board President at THE SCHULTZ FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at THE SCHULTZ FOUNDATION INC equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE SCHULTZ FOUNDATION INC's revenue and expenses?

In 2024, THE SCHULTZ FOUNDATION INC reported $4.1M in total revenue and $498k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.