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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 82-3526555

SCHUSTER FOUNDATION

Tax-exempt · OWINGS MILLS, MD 21117

Financials

$1.5M$1.2M2023$5.6M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of SCHUSTER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$5,645,113$2,553,286$3,091,827$5,941,688$22,346$5,919,342
December 31, 2023990-PF$1,516,283$1,202,566$313,717$2,873,759$10,000$2,863,759
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,614,000
Dividends
$13,113
Net rental income
$18,000

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$74,915
Disbursements for charitable purposes
$969,419

Balance sheet and other

Total assets, start of year
$2,873,759
Total assets, end of year
$5,941,688
Total liabilities, end of year
$22,346
Net assets, end of year
$5,919,342
Fair market value of assets
$5,941,688
Qualifying distributions
$969,419
Net investment income
$31,113

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.

NameTitleHours / weekCompensation
DANIEL G SCHUSTER
PO BOX 703, OWINGS MILLS, MD 21117
TRUSTEE10$0
JEAN K SCHUSTER
PO BOX 703, OWINGS MILLS, MD 21117
TRUSTEE0$0
DANIELLE L DEVILBISS
PO BOX 703, OWINGS MILLS, MD 21117
TRUSTEE0$0
SAMUEL G SCHUSTER
PO BOX 703, OWINGS MILLS, MD 21117
TRUSTEE0$0
LORRAINE L BURNS
PO BOX 703, OWINGS MILLS, MD 21117
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
DANIEL G SCHUSTER
PO BOX 703, OWINGS MILLS, MD 21117
TRUSTEE10$0
JEAN K SCHUSTER
PO BOX 703, OWINGS MILLS, MD 21117
TRUSTEE0$0
DANIELLE L DEVILBISS
PO BOX 703, OWINGS MILLS, MD 21117
TRUSTEE0$0
SAMUEL G SCHUSTER
PO BOX 703, OWINGS MILLS, MD 21117
TRUSTEE0$0
LORRAINE L BURNS
PO BOX 703, OWINGS MILLS, MD 21117
TRUSTEE0$0

Address and contacts

Address (IRS master file)
PO BOX 703, OWINGS MILLS, MD 21117-0703
In care of
% DANIEL G SCHUSTER
Signed the 990-PF
DANIEL G SCHUSTER, TRUSTEE
Phone
(410) 363-9620
Return prepared by
HCFL

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
82-3526555
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2019
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$5,941,688
Income (IRS master file)
$5,645,113

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$5,645,113$2,553,286$5,941,688XML
990-PFDecember 2023$1,516,283$1,202,566$2,873,759XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 82-3526555).

Questions about SCHUSTER FOUNDATION

What is the EIN of SCHUSTER FOUNDATION?
The employer identification number (EIN) of SCHUSTER FOUNDATION is 82-3526555.
Is SCHUSTER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to SCHUSTER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does SCHUSTER FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SCHUSTER 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 SCHUSTER 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 SCHUSTER FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does SCHUSTER FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,645,113, expenses of $2,553,286 and total assets of $5,941,688 at year end.

Other nonprofits in OWINGS MILLS

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