Private Foundation · IL · Private Independent Foundations
Paul & Norma Schaumburg Charitable Tr
Milford, IL · EIN 456918419 · Website (ProPublica) ↗ · 990s on ProPublica ↗
Assets
$4.3M
Total Giving
$569K
Grants on File
38
Average Grant
$15K
Giving Radius
Where Paul & Norma Schaumburg Charitable Tr Has Given
Section I
How to Apply
Application forms for scholarships and application forms for grants to tax exempt organizations under Section 501(c)(3) of the Internal Revenue Code and units of local government may be obtained by contacting the co-trustees at 202 W Jones, Milford, IL 60953 or by calling…
On Unsolicited Proposals yes
Restrictions
Two scholarships shall be awarded each year to deserving and needy high school graduates from the Milford and Sheldon, IL area who are attending or plan to attend an accredited four-year college or university or a junior college. In addition, scholarships may be awarded to
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Milford, IL | $80K | 2022 |
| Sheldon, IL | $5K | 2022 |
| Sheldon, IL | $2K | 2022 |
| Crescent City, IL | $24K | 2022 |
| Watseka, IL | $8K | 2022 |
| Hoopeston, IL | $35K | 2022 |
| Milford, IL | $60K | 2022 |
| Sheldon, IL | $5K | 2022 |
| Milford, IL | $2K | 2022 |
| Springfield, IL | $2K | 2022 |
| Milford, IL | $13K | 2022 |
| Chicago, IL | $6K | 2022 |
| Sheldon, IL | $25K | 2022 |
| Sheldon, IL | $5K | 2022 |
| Milford, IL | $5K | 2022 |
| Milford, IL | $5K | 2022 |
| Milford, IL | $5K | 2023 |
| Hoopeston, IL | $8K | 2023 |
| Milford, IL | $8K | 2023 |
| Milford, IL | $12K | 2023 |
| Milford, IL | $6K | 2023 |
| Sheldon, IL | $6K | 2023 |
| Sheldon, IL | $3K | 2023 |
| Watseka, IL | $4K | 2023 |
| Milford, IL | $65K | 2023 |
Page 1 of 2 · 38 total
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $4.5M | $245K | $145K | $390K |
| 2022 | $4.7M | $259K | $165K | $376K |
| 2021 | $4.9M | $279K | $217K | $444K |
| 2020 | $5.2M | $278K | $162K | $287K |
| 2019 | $5.3M | $273K | $168K | $409K |
| 2015 | $5.9M | $301K | $186K | $340K |
| 2014 | $6.0M | $271K | $176K | $322K |
| 2013 | $6.2M | $300K | $204K | $328K |
| 2012 | $6.3M | $158K | $6.6M | $250K |
Section VII
Foundations Like This One
Similar in focus area, location, and asset size. Worth researching as part of the same campaign.