Nonprofit · EIN 46-5588406
THE RICHARD M SCHULZE FAMILY FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55435
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $102,779,990 | $53,472,970 | $49,307,020 | $218,284,924 | $44,700,065 | $173,584,859 |
| December 31, 2023 | 990-PF | $68,124,046 | $46,465,192 | $21,658,854 | $209,175,254 | $36,230,888 | $172,944,366 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $35,049,294
- Dividends
- $2,080,430
- Interest
- $6,811,465
- Net gain from sales of assets
- $58,838,801
Expenses
- Grants and similar amounts paid
- $47,871,684
- Compensation of officers, directors and key employees
- $595,238
- Salaries, compensation and benefits (total)
- $1,634,439
- Disbursements for charitable purposes
- $52,206,706
- Excise tax on investment income
- $903,971
Balance sheet and other
- Total assets, start of year
- $209,175,254
- Total assets, end of year
- $218,284,924
- Total liabilities, end of year
- $44,700,065
- Net assets, end of year
- $173,584,859
- Fair market value of assets
- $258,548,542
- Qualifying distributions
- $52,206,706
- Net investment income
- $66,270,109
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK C DIENHART 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | PRESIDENT AND TRUSTEE | 45 | $595,238 | $11,621 |
| STEPHEN A HOEPPNER 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | VICE PRESIDENT Highest-paid employee | 40 | $286,848 | $11,419 |
| KELLY WEBSTER 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | SENIOR PROGRAM OFFIC Highest-paid employee | 40 | $187,209 | $7,464 |
| MICHAEL P ZUMWINKLE 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | SENIOR PROGRAM OFFIC Highest-paid employee | 40 | $180,797 | $7,199 |
| MARLA J FREIDRICHS 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | SENIOR PROGRAM OFFIC Highest-paid employee | 40 | $180,420 | $6,621 |
| LISA CHURCH 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | SENIOR PROGRAM OFFIC Highest-paid employee | 40 | $147,653 | $5,882 |
| RICHARD M SCHULZE 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | DIRECTOR | 2 | $0 | $0 |
| KEVIN S BERGMAN 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
| ANN L WINBLAD 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
| STEVEN A SCHUMEISTER 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
| RICHARD V SCHULZE 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
| KATHLEEN BLATZ 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
| DEBRA L SCHULZE 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
| WILSON BRADSHAW 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
| JOSEPH WILLIAMSON 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK C DIENHART 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | PRESIDENT AND TRUSTEE | 45 | $575,683 | $12,277 |
| STEPHEN A HOEPPNER 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | VICE PRESIDENT Highest-paid employee | 40 | $277,082 | $11,032 |
| MICHAEL P ZUMWINKLE 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | SENIOR PROGRAM OFFIC Highest-paid employee | 40 | $174,484 | $6,951 |
| MARLA J FREIDRICHS 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | SENIOR PROGRAM OFFIC Highest-paid employee | 40 | $174,286 | $6,618 |
| KELLY WEBSTER 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | SENIOR PROGRAM OFFIC Highest-paid employee | 40 | $170,407 | $6,793 |
| LISA CHURCH 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | SENIOR PROGRAM OFFIC Highest-paid employee | 40 | $142,699 | $5,685 |
| RICHARD M SCHULZE 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | DIRECTOR | 2 | $0 | $0 |
| KEVIN S BERGMAN 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
| ANN L WINBLAD 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
| STEVEN A SCHUMEISTER 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
| NANCY TELLOR 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
| KATHLEEN BLATZ 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
| DEBRA L SCHULZE 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
| WILSON BRADSHAW 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
| JOSEPH WILLIAMSON 6600 FRANCE AVENUE SOUTH SUITE 550, MINNEAPOLIS, MN 55435 | TRUSTEE | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6600 FRANCE AVE S STE 550, MINNEAPOLIS, MN 55435-1810
- In care of
- % MARK DIENHART
- Signed the 990-PF
- KEVIN S BERGMAN, TREASURER
- Phone
- (952) 324-8900
- Return prepared by
- M J BARRETT & COMPANY PLLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 46-5588406
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $218,284,924
- Income (IRS master file)
- $122,030,367
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $102,779,990 | $53,472,970 | $218,284,924 | XML |
| 990-PF | December 2023 | $68,124,046 | $46,465,192 | $209,175,254 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 46-5588406).
Questions about THE RICHARD M SCHULZE FAMILY FOUNDATION
- What is the EIN of THE RICHARD M SCHULZE FAMILY FOUNDATION?
- The employer identification number (EIN) of THE RICHARD M SCHULZE FAMILY FOUNDATION is 46-5588406.
- Is THE RICHARD M SCHULZE FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to THE RICHARD M SCHULZE FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE RICHARD M SCHULZE FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE RICHARD M SCHULZE FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE RICHARD M SCHULZE FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of THE RICHARD M SCHULZE FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 15 people; 6 received compensation from the organization, the highest $595,238 (MARK C DIENHART, PRESIDENT AND TRUSTEE).
- How much revenue does THE RICHARD M SCHULZE FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $102,779,990, expenses of $53,472,970 and total assets of $218,284,924 at year end.
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