Madeline & Arnold Schuster Foundation Inc
Accepts applications
Madeline & Arnold Schuster Foundation Inc is a private foundation in Palm Beach, Florida. In tax year 2025 it gave $56,500 in 5 grants; the typical grant was $6,000 and the largest $25,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$56,500
- Number of grants5
- Typical grant$6,000
- Largest grant$25,000
- Assets$984,350
- New grantees20%
Giving in 2025 was down from $67,100 the year before.
20% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $43,500 | 5 | $997,063 |
| 2024 | $67,100 | 6 | $995,453 |
| 2025 | $56,500 | 5 | $984,350 |
How to apply
| Contact | Madeline or Arnold Schuster 2770 S Ocean Blvd S503, Palm Beach, FL 33480 |
|---|---|
| Phone or email | (415) 509-4222 |
| What to submit | Written |
| Restrictions | It is the intent of the foundation to make charitable contributions to public charities and religious organizations in south Florida. The organizations receiving such contributions will be exempt organizations under the internal revenue code who have received exempt determination letters from the internal revenue service. |
What Madeline & Arnold Schuster Foundation Inc funds
Where it gives
Its grants went to recipients in 2 states, the most to Florida.
| State | Grants | Amount |
|---|---|---|
| Florida | 4 | $53,500 |
| Massachusetts | 1 | $3,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Federation of Palm Beach County | General | $25,000 |
| Palm Beach Dramaworks | General | $17,500 |
| Palm Beach Opera Inc | General | $6,000 |
| Raymonf F Kravis Center for the Preforming Arts | General | $5,000 |
| Tanglewood | General | $3,000 |
Officers and trustees
- Madeline Schuster
- Arnold Schuster
- Ralph E Lerner
Questions people ask
Does Madeline & Arnold Schuster Foundation Inc accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Madeline & Arnold Schuster Foundation Inc give?
$56,500 in tax year 2025, across 5 grants, with a typical grant of $6,000.
Who runs Madeline & Arnold Schuster Foundation Inc?
Its 2025 filing lists Madeline Schuster (Pres & Treasurer), Arnold Schuster (Vice Pres) and Ralph E Lerner (Director).
What does Madeline & Arnold Schuster Foundation Inc fund?
Based on its grants, mainly arts and culture.