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SCHULTZ FAMILY FOUNDATION

Seattle, WA Tax ID: 91-1746414 www.schultzfamilyfoundation.org

The Schultz Family Foundation, with $375 million in assets, supports education, health, and human services initiatives across the U.S., led by Sheri Kersch-Schultz and Howard Schultz, with Tyra Mariani as President until September 2023.

About SCHULTZ FAMILY FOUNDATION

Comprehensive foundation profile based on the most recent IRS Form 990 filing

The Schultz Family Foundation, based in Seattle, Washington, is a philanthropic organization with assets totaling approximately $375 million. The foundation focuses on a wide range of subject areas including education, health, human services, and family services. It supports initiatives across numerous cities and states in the U.S., including major cities like New York, Los Angeles, and Chicago. The foundation's leadership includes notable figures such as Sheri Kersch-Schultz and Howard Schultz, with Tyra Mariani serving as President until September 2023. The foundation reported expenses of about $19.6 million and revenue of $11.6 million. It is committed to supporting nonprofits and philanthropic efforts across the country.

Focus Areas

EducationPhilanthropyNonprofitsHealthDiseases and conditionsHuman servicesFamily servicesChild welfare- Less

Geographic Focus

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Key Statistics
Total Assets $375.2M
Total Awarded This Year $13.9M
Average Grant Size $746
Total Grants (Previous Year) 29,228
Open to New Applicants
% New Applicants Funded
Contact Information
Seattle, WA
Geographic Funding Distribution

Financials

Total Assets
$375.2M

+2.6% from previous year

Annual Grants
$13.9M

78 grants awarded in 2024

Expense Ratio
168.3%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$2,000,000SYRACUSE UNIVERSITYFURTHER CHARITABLE GOALSSyracuse, NY, US2022
$1,058,317WASHINGTON SERVICE CORPSFURTHER CHARITABLE GOALSOlympia, WA, US2022
$1,000,000CORPORATE AMERICA SUPPORTS YOU VETJOBSCOMFURTHER CHARITABLE GOALSLake st louis, MO, US2022
$1,000,000HIRE HEROES USAFURTHER CHARITABLE GOALSAlpharetta, GA, US2022
$1,000,000SYRACUSE UNIVERSITYFURTHER CHARITABLE GOALSSyracuse, NY, US2023
$1,000,000BROTHERS FOR LIFEFURTHER CHARITABLE GOALSSeattle, WA, US2024
$850,000NEW PROFITFURTHER CHARITABLE GOALSBoston, MA, US2022
$750,000IMENTORFURTHER CHARITABLE GOALSNew york, NY, US2022
$750,000YOUTHBUILD USAFURTHER CHARITABLE GOALSRoxbury, MA, US2022
$750,000SYRACUSE UNIVERSITYFURTHER CHARITABLE GOALSSyracuse, NY, US2024

People

Leadership & Staff

Compensation data from most recent available 990 forms

SK

SHERI KERSCH-SCHULTZ

TRUSTEE

$0 2024
HS

HOWARD SCHULTZ

TRUSTEE

$0 2024
AS

ADDISON SCHULTZ

TRUSTEE

$0 2024
VV

VIVEK VARMA

VICE CHAIR

$0 2024
TM

TYRA MARIANI

PRESIDENT (THRU 09/2023)

$529,678 2024
Showing 5 of 6 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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