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EIN 46-5588406

The Richard M Schulze Family Foundation

Philanthropy and grantmaking · Minneapolis · MN

Provider lists as eligible

Eligibility and identity

This section reports the provider record. It is not an endorsement, fraud clearance, or measure of impact.

Tax subsection
501(c)(3)
Deductibility
Contributions are deductible.
Exempt status
Unconditional Exemption
NTEE category
Philanthropy and grantmaking
Address on file
6600 FRANCE AVE S STE 550, Minneapolis, MN, 55435-1810

Latest financial filing

Tax period: Fiscal year 2023. Dollar amounts can be delayed and reporting practices differ among organizations.

Total revenue
$68,124,046
Total expenses
$46,465,192
Operating difference
$21,658,854
Assets
$209,175,254
Liabilities
$36,230,888
Net assets
Not published

Selected expense context

Reported itemAmountShare of total expenses
Officer compensationNot publishedNot available
All listed compensation and benefitsNot publishedNot available
Advertising and promotionNot publishedNot available
Professional fundraisingNot publishedNot available
These amounts do not show whether programs worked. Salaries, technology, fundraising, and advertising can support or undermine a mission depending on context that a Form 990 does not capture.

Financial history

Digitized Form 990 filings. Growth or decline is context, not a verdict; a shrinking budget can reflect a completed program and a growing one can reflect need.

Fiscal yearRevenueExpensesAssets
2023$68,124,046$46,465,192$209,175,254
2022$68,904,176$52,276,661$233,819,112
2021$45,882,285$52,871,204$250,424,427
2020$102,713,023$53,269,090$257,748,726
2019$165,153,269$48,088,206$248,694,629
2015$87,603,140$27,117,826$202,012,410
2014$95,872,799$7,628,786$174,332,044

Minnesota solicitation registration

Registered with the Minnesota Attorney General to solicit donations, status active. Registered charities file annual financial reports with the Attorney General; these are often more recent than the newest digitized Form 990.

Revenue (FY ending 12/31/2024)
$102,779,990
Program spending
$0
Fundraising expense
$0
Total expenses
$53,472,970

Before you donate

Check recent impact reporting, identify the specific program your donation supports, and compare the organization with similar groups. Donation processing through Charity Buddy is not active.

Source: IRS Business Master File and Form 990 extracts via ProPublica Nonprofit Explorer, and the Minnesota Attorney General soliciting-charities registry, retrieved 7/11/2026. Verify status directly with the IRS and, for Minnesota solicitation, the Minnesota Attorney General.

The Richard M Schulze Family Foundation: eligibility and public financial record | MN Charity Buddy