Nonprofit · EIN 39-6222864
THEODORE AND CATHERINE SCHULTE FOUNDATION
Tax-exempt · MADISON, WI 53703
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $73,143 | $49,174 | $23,969 | $743,591 | $0 | $743,591 |
| September 30, 2024 | 990-PF | $96,206 | $45,616 | $50,590 | $719,621 | $0 | $719,621 |
| September 30, 2023 | 990-PF | $9,403 | $47,584 | -$38,181 | $691,772 | $22,741 | $669,031 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Dividends
- $22,419
- Net gain from sales of assets
- $49,802
- Other income
- $922
Expenses
- Grants and similar amounts paid
- $36,477
- Compensation of officers, directors and key employees
- $10,085
- Disbursements for charitable purposes
- $39,473
- Excise tax on investment income
- $893
Balance sheet and other
- Total assets, start of year
- $719,621
- Total assets, end of year
- $743,591
- Total liabilities, end of year
- $0
- Net assets, end of year
- $743,591
- Fair market value of assets
- $953,009
- Qualifying distributions
- $39,473
- Net investment income
- $72,221
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHNSON BANK 10 E DOTY STREET SUITE 800, MADISON, WI 53703 | TRUSTEE | 2 | $10,030 |
| WYANT LAW OFFICES SC 601 LAKE AVE STE 100, RACINE, WI 53403 | TRUSTEE | 2 | $55 |
990-PF for the year ended September 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHNSON BANK 525 JUNCTION RD STE 2000, MADISON, WI 53717 | TRUSTEE | 2 | $9,164 |
| WYANT LAW OFFICES SC 601 LAKE AVE STE 100, RACINE, WI 53403 | TRUSTEE | 2 | $1,872 |
990-PF for the year ended September 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Johnson Bank 525 Junction Road STE 2000, MADISON, WI 53717 | Trustee | 2 | $8,571 |
| Wyant Law Offices SC 601 Lake Ave Suite 100, Racine, WI 53403 | Trustee | 2 | $460 |
Address and contacts
- Address (IRS master file)
- 10 E DOTY ST STE 800, MADISON, WI 53703-5105
- In care of
- % JOHNSON BANK
- Signed the 990-PF
- JOHNSON BANK - WEALTH OPERATIONS, TRUSTEE
- Phone
- (608) 203-3953
- Return prepared by
- HAWKINS ASH CPAS LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990-PF on file |
IRS record
- EIN
- 39-6222864
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1976
- Accounting year ends
- September
- Files
- Form 990-PF
- Assets (IRS master file)
- $743,591
- Income (IRS master file)
- $383,298
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $73,143 | $49,174 | $743,591 | XML |
| 990-PF | September 2024 | $96,206 | $45,616 | $719,621 | XML |
| 990-PF | September 2023 | $9,403 | $47,584 | $691,772 | XML |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-6222864).
Questions about THEODORE AND CATHERINE SCHULTE FOUNDATION
- What is the EIN of THEODORE AND CATHERINE SCHULTE FOUNDATION?
- The employer identification number (EIN) of THEODORE AND CATHERINE SCHULTE FOUNDATION is 39-6222864.
- Is THEODORE AND CATHERINE SCHULTE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to THEODORE AND CATHERINE SCHULTE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THEODORE AND CATHERINE SCHULTE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THEODORE AND CATHERINE SCHULTE FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THEODORE AND CATHERINE SCHULTE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who are the officers and directors of THEODORE AND CATHERINE SCHULTE FOUNDATION?
- The 990-PF for the year ended September 30, 2025 lists 2 people; 2 received compensation from the organization, the highest $10,030 (JOHNSON BANK, TRUSTEE).
- How much revenue does THEODORE AND CATHERINE SCHULTE FOUNDATION have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $73,143, expenses of $49,174 and total assets of $743,591 at year end.
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