Paul Schultz & Ruth Schultz Foundation Inc

Chicago, IL
Tax-exempt since June 1997
EIN: 39-1890044

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$555k (2025)

Expenses

$359k (2025)

Total Assets

$5.45M (2025)

Total Liabilities

$0 (2025)

Years with missing data

Source: Form 990 tax filings from 2011 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Aug.
2025

Revenue

$554,642

Expenses

$359,382

Net Income

$195,260

Net Assets

$5,448,677

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$176,983	31.9%
Sales of Assets	$377,604	68.1%
Other Income	$55	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$293,441	81.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,448,677
Total Liabilities	$0
Net Assets	$5,448,677

Compensation

Key Employees and Officers	Compensation	Other
Karla Kieffer (President)	$0	$0
Kevin Kieffer (Vice President)	$0	$0
Kevin Kieffer (Treasurer)	$0	$0
Melissa Kampmann (Secretary)	$0	$0

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990-PF

Filed on Dec. 15, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2024

Revenue

$443,141

Expenses

$324,500

Net Income

$118,641

Net Assets

$5,288,494

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$177,877	40.1%
Sales of Assets	$265,264	59.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$272,282	83.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,288,494
Total Liabilities	$0
Net Assets	$5,288,494

Compensation

Key Employees and Officers	Compensation	Other
Karla Kieffer (President)	$0	$0
Kevin Kieffer (Vice President)	$0	$0
Kevin Kieffer (Treasurer)	$0	$0
Melissa Kampmann (Secretary)	$0	$0

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990-PF

Filed on Dec. 20, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2023

Revenue

$235,411

Expenses

$339,777

Net Income

-$104,366

Net Assets

$5,131,701

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$166,494	70.7%
Sales of Assets	$68,917	29.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$294,536	86.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,131,701
Total Liabilities	$0
Net Assets	$5,131,701

Compensation

Key Employees and Officers	Compensation	Other
Karla Kieffer (President)	$0	$0
Kevin Kieffer (Vice President)	$0	$0
Kevin Kieffer (Treasurer)	$0	$0
Melissa Kampmann (Secretary)	$0	$0

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990-PF

Filed on Nov. 21, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2022

Revenue

$164,628

Expenses

$184,225

Net Income

-$19,597

Net Assets

$5,242,288

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,586	3.4%
Interest Revenue	$0
Dividends	$122,593	74.5%
Sales of Assets	$36,449	22.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$130,850	71.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,242,288
Total Liabilities	$0
Net Assets	$5,242,288

Compensation

Key Employees and Officers	Compensation	Other
Karla Kieffer (President)	$0	$0
Kevin Kieffer (Vice President)	$0	$0
Kevin Kieffer (Treasurer)	$0	$0
Melissa Kampmann (Secretary)	$0	$0

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990-PF

Filed on Dec. 19, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2021

Revenue

$5,893,624

Expenses

$33,011

Net Income

$5,860,613

Net Assets

$5,262,988

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,489,472	93.1%
Interest Revenue	$0
Dividends	$64,496	1.1%
Sales of Assets	$339,656	5.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$190	0.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,262,988
Total Liabilities	$0
Net Assets	$5,262,988

Compensation

Key Employees and Officers	Compensation	Other
Karla Kieffer (President)	$0	$0
Kevin Kieffer (Vice President)	$0	$0
Kevin Kieffer (Treasurer)	$0	$0
Melissa Kampmann (Secretary)	$0	$0

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990-PF

Filed on Feb. 8, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2020

Revenue

$28,343

Expenses

$139,237

Net Income

-$110,894

Net Assets

$211,450

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$7,459	26.3%
Sales of Assets	$20,884	73.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$136,425	98.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$211,451
Total Liabilities	$1
Net Assets	$211,450

Compensation

Key Employees and Officers	Compensation	Other
Karla Kieffer (President)	$0	$0
Kevin Kieffer (Vice President)	$0	$0
Kevin Kieffer (Treasurer)	$0	$0
Melissa Kampmann (Secretary)	$0	$0

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990-PF

Filed on June 30, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2019

Revenue

$18,129

Expenses

$21,645

Net Income

-$3,516

Net Assets

$322,149

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$8,859	48.9%
Sales of Assets	$9,270	51.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$18,437	85.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$322,149
Total Liabilities	$0
Net Assets	$322,149

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Aug.
2018

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Aug.
2015

Revenue

$22,764

Expenses

$21,924

Net Income

$840

Net Assets

$315,797

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$9,069	39.8%
Sales of Assets	$13,695	60.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$17,459	79.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$315,797
Total Liabilities	$0
Net Assets	$315,797

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2014

Revenue

$58,843

Expenses

$20,586

Net Income

$38,257

Net Assets

$315,105

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$7,162	12.2%
Sales of Assets	$51,681	87.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,840	81.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$315,105
Total Liabilities	$0
Net Assets	$315,105

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2013

Revenue

$43,678

Expenses

$18,390

Net Income

$25,288

Net Assets

$276,851

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$8,629	19.8%
Sales of Assets	$35,000	80.1%
Other Income	$49	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$15,836	86.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$276,851
Total Liabilities	$0
Net Assets	$276,851

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2012

Revenue

$866

Expenses

$10,922

Net Income

-$10,056

Net Assets

$251,563

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$7,099	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$7,140	65.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$251,563
Total Liabilities	$0
Net Assets	$251,563

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2011

Revenue

$14,840

Expenses

$18,645

Net Income

-$3,805

Net Assets

$261,972

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$7,552	50.9%
Sales of Assets	$6,817	45.9%
Other Income	$471	3.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,140	86.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$261,972
Total Liabilities	$0
Net Assets	$261,972

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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Updated March 23, 2026

Paul Schultz & Ruth Schultz Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $555k (2025)

Expenses $359k (2025)

Total Assets $5.45M (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending Aug. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

No Document Links

Fiscal Year Ending Aug. 2018

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Aug. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Aug. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Aug. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Aug. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Aug. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Aug. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

Revenue

$555k (2025)

Expenses

$359k (2025)

Total Assets

$5.45M (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending Aug.
2025

Fiscal Year Ending Aug.
2024

Fiscal Year Ending Aug.
2023

Fiscal Year Ending Aug.
2022

Fiscal Year Ending Aug.
2021

Fiscal Year Ending Aug.
2020

Fiscal Year Ending Aug.
2019

Fiscal Year Ending Aug.
2018

Fiscal Year Ending Aug.
2017

Fiscal Year Ending Aug.
2016

Fiscal Year Ending Aug.
2015

Fiscal Year Ending Aug.
2014

Fiscal Year Ending Aug.
2013

Fiscal Year Ending Aug.
2012

Fiscal Year Ending Aug.
2011

Fiscal Year Ending Aug.
2010

Fiscal Year Ending Aug.
2009

Fiscal Year Ending Aug.
2008

Fiscal Year Ending Aug.
2007

Fiscal Year Ending Aug.
2006

Fiscal Year Ending Aug.
2005

Fiscal Year Ending Aug.
2004

Fiscal Year Ending Aug.
2003

Fiscal Year Ending Aug.
2002

Fiscal Year Ending Aug.
2001