Nonprofit · EIN 04-2585160
BENJAMIN D & RUBY G SCHULMAN FOUNDATION
Tax-exempt · BOSTON, MA 02110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,043,607 | $1,599,004 | -$555,397 | $18,552,995 | $0 | $18,552,995 |
| December 31, 2024 | 990-PF | $7,267,224 | $1,279,505 | $5,987,719 | $19,108,392 | $0 | $19,108,392 |
| December 31, 2023 | 990-PF | $3,890,758 | $2,182,533 | $1,708,225 | $13,645,956 | $0 | $13,645,956 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $398,866
- Interest
- $317,949
- Net gain from sales of assets
- $326,792
Expenses
- Grants and similar amounts paid
- $1,245,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $1,296,121
- Excise tax on investment income
- $10,748
Balance sheet and other
- Total assets, start of year
- $19,108,392
- Total assets, end of year
- $18,552,995
- Total liabilities, end of year
- $0
- Net assets, end of year
- $18,552,995
- Fair market value of assets
- $23,808,085
- Qualifying distributions
- $1,296,121
- Net investment income
- $1,043,607
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN C GOODWIN C/O MCCARTER ENGLISH 265 FRANKLIN, SREET, BOSTON, MA 02110 | TRUSTEE | 1 | $0 |
| KAREN SCHULMAN 11 ELLERDALE ROAD, LONDON, NW3 6BA, UK | TRUSTEE | 1 | $0 |
| FRANCIS A DIGIOVANNA 7 WHITEHALL COURT, MIDDLEBURY, CT 06762 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN C GOODWIN C/O MCCARTER ENGLISH 265 FRANKLIN, SREET, BOSTON, MA 02110 | TRUSTEE | 1 | $0 |
| KAREN SCHULMAN 11 ELLERDALE ROAD, LONDON, NW3 6BA, UK | TRUSTEE | 1 | $0 |
| FRANCIS A DIGIOVANNA 7 WHITEHALL COURT, MIDDLEBURY, CT 06762 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN C GOODWIN C/O BURNS LEVINSON LLP 125 HIGH, STREET, BOSTON, MA 02110 | TRUSTEE | 1 | $0 |
| KAREN SCHULMAN 11 ELLERDALE ROAD, LONDON, NW3 6BA, UK | TRUSTEE | 1 | $0 |
| FRANCIS A DIGIOVANNA 7 WHITEHALL COURT, MIDDLEBURY, CT 06762 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- MCCARTER ENGLISH 265 FRANKLIN ST, BOSTON, MA 02110-0000
- In care of
- % RUBY G SCHULMAN
- Signed the 990-PF
- STEVEN C GOODWIN, TRUSTEE
- Phone
- (617) 449-6637
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
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 | 990-PF 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
- 04-2585160
- 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
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $18,552,995
- Income (IRS master file)
- $2,276,048
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,043,607 | $1,599,004 | $18,552,995 | XML |
| 990-PF | December 2024 | $7,267,224 | $1,279,505 | $19,108,392 | IRS |
| 990-PF | December 2023 | $3,890,758 | $2,182,533 | $13,645,956 | 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 04-2585160).
Questions about BENJAMIN D & RUBY G SCHULMAN FOUNDATION
- What is the EIN of BENJAMIN D & RUBY G SCHULMAN FOUNDATION?
- The employer identification number (EIN) of BENJAMIN D & RUBY G SCHULMAN FOUNDATION is 04-2585160.
- Is BENJAMIN D & RUBY G SCHULMAN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to BENJAMIN D & RUBY G SCHULMAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BENJAMIN D & RUBY G SCHULMAN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BENJAMIN D & RUBY G SCHULMAN FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BENJAMIN D & RUBY G SCHULMAN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of BENJAMIN D & RUBY G SCHULMAN FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does BENJAMIN D & RUBY G SCHULMAN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,043,607, expenses of $1,599,004 and total assets of $18,552,995 at year end.
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