Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
SCHUMANN FUND FOR NEW JERSEY INC
 
Number and street (or P.O. box number if mail is not delivered to street address)21 VAN VLECK STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MONTCLAIR, NJ07042
A Employer identification number

52-1556076
B Telephone number (see instructions)

(973) 509-9883
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$36,208,452J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 6,711 9,906  
4 Dividends and interest from securities... 559,399 557,450  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,443,525
b Gross sales price for all assets on line 6a 17,976,966
7 Capital gain net income (from Part IV, line 2)... 3,442,763
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 44,268 45,366  
12 Total. Add lines 1 through 11........ 4,053,903 4,055,485  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 158,973 31,795   127,178
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 41,931 8,386   33,545
16a Legal fees (attach schedule)......... Click to see attachment 950 0   950
b Accounting fees (attach schedule)....... Click to see attachment 42,500 25,500   19,540
c Other professional fees (attach schedule).... Click to see attachment 343,849 259,557   52,888
17 Interest............... 26 26   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 66,650 15,373   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 26,022 0   26,022
21 Travel, conferences, and meetings....... 5,503 0   5,503
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 27,316 31,213   27,281
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 713,720 371,850   292,907
25 Contributions, gifts, grants paid....... 1,137,000 1,137,000
26 Total expenses and disbursements. Add lines 24 and 25 1,850,720 371,850   1,429,907
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,203,183
b Net investment income (if negative, enter -0-) 3,683,635
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 262,716 325,349 325,349
3 Accounts receivable bullet4,870
Less: allowance for doubtful accounts bullet   5,065 4,870 4,870
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 3,977 7,700 7,700
10a Investments—U.S. and state government obligations (attach schedule) 589,663 Click to see attachment545,165 545,165
b Investments—corporate stock (attach schedule)....... 18,504,036 Click to see attachment18,958,728 18,958,728
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 11,509,120 Click to see attachment16,345,643 16,345,643
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment30,179 Click to see attachment20,997 Click to see attachment20,997
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,904,756 36,208,452 36,208,452
Liabilities 17 Accounts payable and accrued expenses.......... 13,750 8,281
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment113,626 Click to see attachment156,799
23 Total liabilities (add lines 17 through 22)......... 127,376 165,080
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 30,777,380 36,043,372
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 30,777,380 36,043,372
30 Total liabilities and net assets/fund balances (see instructions). 30,904,756 36,208,452
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
30,777,380
2
Enter amount from Part I, line 27a .....................
2
2,203,183
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,105,982
4
Add lines 1, 2, and 3 ..........................
4
36,086,545
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
43,173
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
36,043,372
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a SALE OF PUBLICLY TRADED SECURITIES P    
b VINTAGE VI OFFSHORE LP P    
c GS CAPITAL PARTNERS V INSTITUTIONAL, L.P. P    
d WEST STREET CAPITAL PARTNERS VII P    
e ARTISAN DYNAMIC EQUITY NON-US EQUITY P    
US REAL PROPERTY INCOME FUND, LP P    
GS PRINCETON FUND P    
GS HEDGE FUND OPPORTUNITIES P    
GSCP V INSTITUTIONAL AIV, L.P. P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 8,726,124   6,858,601 1,867,523
b       40,780
c       -12,941
d       94,701
e       332,081
      16,838
      408,662
      695,083
      36
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,867,523
b       40,780
c       -12,941
d       94,701
e       332,081
      16,838
      408,662
      695,083
      36
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,442,763
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 51,203
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 51,203
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 58,821
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 58,821
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 7,618
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet7,618 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletHTTP://SCHUMANNFUND.ORG
    14
    The books are in care ofbulletLUCY VANDENBERG EXECUTIVE DIRECTOR Telephone no.bullet (973) 509-9883

    Located atbullet21 VAN VLECK STREETMONTCLAIRNJ ZIP+4bullet07042
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    BARBARA BELL COLEMAN CHAIR
    3.00     		0 0 0
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    MARTHA BONSAL DAY VICE CHAIR
    2.00     		0 0 0
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    ROGER PRATT SECRETARY/TREASURER
    1.00     		0 0 0
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    ANTHONY CICATIELLO TRUSTEE
    1.00     		0 0 0
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    CHRISTOPHER DAGGETT TRUSTEE
    1.00     		0 0 0
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    LEONARD S COLEMAN TRUSTEE
    1.00     		0 0 0
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    ANNETTE STRICKLAND EXECUTIVE DIRECTOR
    45.00     		158,973 31,795 0
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    GOLDMAN SACHS & CO INVESTMENT ADVISORS 208,743
    200 WEST STREET
    NEW YORK,NY10282
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    32,746,827
    b
    Average of monthly cash balances.......................
    1b
    533,633
    c
    Fair market value of all other assets (see instructions)................
    1c
    25,867
    d
    Total (add lines 1a, b, and c).........................
    1d
    33,306,327
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    33,306,327
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    499,595
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    32,806,732
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,640,337
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,640,337
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    51,203
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    51,203
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,589,134
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,589,134
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,589,134
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,589,134
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 66,898
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,429,907
    a Applied to 2020, but not more than line 2a 66,898
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 1,363,009
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		226,125
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LUCY VANDENBERG
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042
    (973) 509-9883
    LVANDENBERG@SCHUMANNFUND.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    THERE IS NO STANDARD APPLICATION FORM TO BE USED IN PRESENTING A REQUEST TO THE SCHUMANN FUND FOR NEW JERSEY, BUT ORGANIZATIONS MAY USE THE NEW YORK/NEW JERSEY COMMON APPLICATION FORM IF THEY CHOOSE. WE ASK THAT A WRITTEN PROPOSAL BE SUBMITTED WHICH INCLUDES A CLEAR DESCRIPTION OF THE PURPOSE OF THE GRANT, THE NEED OR PROBLEM THAT WILL BE ADDRESSED, THE WORK TO BE UNDERTAKEN, THE STAFFING PLAN FOR PROJECT IMPLEMENTATION, ANY COLLABORATIVE EFFORTS UNDERWAY OR CONTEMPLATED, AND THE MEANS OF EVALUATING PROGRESS. THE PROPOSAL MUST INCLUDE THE FOLLOWING ITEMS: A COPY OF THE ORGANIZATIONS MOST RECENT AUDITED FINANCIAL STATEMENT CURRENT ORGANIZATIONAL AND PROJECT BUDGETS IDENTIFYING ALL SOURCES OF REVENUE AND CATEGORIES AND AMOUNTS OF EXPENDITURES BRIEF RESUMES OF KEY ORGANIZATION AND PROJECT STAFF THE PROJECT TIME FRAME AND PROJECTED SOURCES OF FUTURE FUNDING A LIST OF THE ORGANIZATION'S BOARD OF DIRECTORS INTERNAL REVENUE SERVICE DOCUMENTS CONFIRMING THE ORGANIZATION'S
    cAny submission deadlines:
    THE SCHUMANN FUND BOARD OF TRUSTEES MEETS QUARTERLY: MARCH, JUNE, SEPTEMBER, AND DECEMBER.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CHURCH OF ST JOHN ON THE MOUNTAIN
    379 MT HARMONY ROAD
    BERNARDSVILLE,NJ07924     		N/A PC TRUSTEE GRANT 7,500
    RESEARCH & DEVELOPMENT COUNCIL OF NJ
    127 MAIN STREET
    CHATHAM,NJ07928     		N/A PC TRUSTEE GRANT 5,000
    CITY GREEN INC
    171 GROVE STREET
    CLIFTON,NJ07456     		N/A PC EXPANSION OF GARDEN STATE GOOD FOOD BUCK NUTRITION INCENTIVES IN ESSEX COUNTY AND STATEWIDE 75,000
    LEGAL SERVICES OF NEW JERSEY
    100 METROPLEX DRIVE SUITE 402
    EDISON,NJ08817     		N/A PC PARENT ALLY PROGRAM 40,000
    PRINCETON AREA COMMUNITY FOUNDATION
    15 PRINCESS ROAD
    LAWRENCEVILLE,NJ08649     		N/A PC FAIR REDISTRICTING IN NEW JERSEY (POOLED FUND) 50,000
    FAMILY PROMISE OF ESSEX COUNTY
    46 PARK STREET
    MONTCLAIR,NJ07042     		N/A PC OPERATING SUPPORT 25,000
    HUMAN NEEDS FOOD PANTRY
    9 LABEL STREET
    MONTCLAIR,NJ07042     		N/A PC TRUSTEE GRANT 7,500
    MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE
    22 VALLEY ROAD
    MONTCLAIR,NJ07042     		N/A PC MONTCLAIR PUBLIC SCHOOLS' TWO-YEAR PARTICIPATION IN THE NATIONAL EQUITY PROJECT'S BUILDING EQUITABLE LEARNING ENVIRONMENTS NETWORK 50,000
    MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE
    22 VALLEY ROAD
    MONTCLAIR,NJ07042     		N/A PC TO SUPPORT THE DEVELOPMENT OF A MONTCLAIR EQUITY LAB TO SUSTAIN RACIAL EQUITY EFFORTS IN MONTCLAIR PUBLIC SCHOOLS 45,000
    MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE
    22 VALLEY ROAD
    MONTCLAIR,NJ07042     		N/A PC TRUSTEE GRANT 4,000
    MONTCLAIR NEIGHBORHOOD DEVELOPMENT CORPORATION
    228 BLOOOMFIELD AVENUE
    MONTCLAIR,NJ07042     		N/A PC MONTCLAIR COMMUNITY ENRICHMENT CENTER - COVID-19 EMERGENCY GRANT 10,000
    ST LUKE'S EPISCOPAL CHURCH
    73 SOUTH FULLERTON AVENUE
    MONTCLAIR,NJ07042     		N/A PC COVID 19 HOMELESS DAYTIME RESPITE ADMINISTRATION 2,000
    ST LUKE'S EPISCOPAL CHURCH
    73 SOUTH FULLERTON AVENUE
    MONTCLAIR,NJ07042     		N/A PC TRUSTEE GRANT 2,500
    THE MONTCLAIR FOUNDATION
    21 VAN VLECK STREET
    MONTCLAIR,NJ07042     		N/A PC DISCOVERING NATURE PRESCHOOL PROGRAM 20,000
    YMCA OF MONTCLAIR
    25 PARK STREET
    MONTCLAIR,NJ07042     		N/A PC FOR EXPANSION OF DIVERSITY EQUITY AND INCLUSION PROGRAMMING FOR THE COMING YEAR 7,500
    MONTCLAIR STATE UNIVERSITY
    1 NORMAL AVENUE UN 3198
    MONTCLAIR,NJ07043     		N/A PC STUDY OF PRESCHOOL EXPULSION/SUSPENSION 25,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079600317     		N/A PC CARE OF THE PARK FUND 10,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079600317     		N/A PC NEWARK COMMUNITY IMPACT FUND 5,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079600317     		N/A PC NJ CONSORTIUM FOR IMMIGRANT CHILDREN 35,000
    IMAGINE A CENTER FOR COPING WITH LOSS
    244 SHEFFIELD STREET
    MOUNTAINSIDE,NJ07092     		N/A PC PROGRAM EXPANSION FOR NEWARK TEENS IN COLLABORATION WITH THE H.U.B.B.ART AND TRAUMA CENTER 25,000
    GEORGE ST PLAYHOUSE
    9 LIVINGSTON AVENUE
    NEW BRUNSWICK,NJ08901     		N/A PC TRUSTEE GRANT 5,000
    THE NEWARK MUSEUM
    43-49 WASHINGTON STREET
    NEWARK,NJ07102     		N/A PC TRUSTEE GRANT 5,000
    THE TRUST FOR PUBLIC LAND (NEW JERSEY)
    60 PARK PLACE SUITE 901
    NEWARK,NJ07102     		N/A PC PARKS FOR PEOPLE - NEWARK 25,000
    ADVOCATES FOR CHILDREN OF NEW JERSEY
    35 HALSEY STREET
    NEWARK,NJ07102     		N/A PC OPERATING SUPPORT 75,000
    FOUNDATION FOR UNIVERSITY HOSPITAL
    1 GATEWAY CTR STE 600
    NEWARK,NJ07102     		N/A PC HEALTHY U PROGRAM TO IMPROVE MENTAL HEALTH AND LOW PHYSICAL ACTIVITY LEVELS WHILE FOSTERING FAMILY BONDING FOR PARENTS AND CHILDREN 60,000
    NEW JERSEY INSTITUTE FOR SOCIAL JUSTICE
    60 PARK PLACE SUITE 501
    NEWARK,NJ07102     		N/A PC OPERATING SUPPORT AND YOUTH JUSTICE INITIATIVE 40,000
    NEWARK SCHOOL OF THE ARTS
    89 LINCOLN PARK
    NEWARK,NJ07102     		N/A PC COVID-19 RECOVERY AND CONTINUANCE OF MOVEMENT AND MUSIC CLASSES FOR BABIES AND THEIR PARENTS AND TRAINING AND MENTORING OF EARLY CHILDHOOD MUSIC PRACTITIONERS. 12,500
    NEWARK TRUST FOR EDUCATION
    494 BROAD STREET SUITE LL 30
    NEWARK,NJ07102     		N/A PC SUPPORT FOR THE NEWARK OFFICE OF COMPREHENSIVE COMMUNITY EDUCATION 25,000
    PROGRAMS FOR PARENTS
    570 BROAD STREET 8TH FLOOR
    NEWARK,NJ07102     		N/A PC TO ESTABLISH ADVERSE CHILDHOOD EXPERIENCES (ACES) TRAUMA AND HEALING CENTERED EARLY CHILDHOOD COMMUNITIES IN ESSEX COUNTY 50,000
    RUTGERS UNIVERSITY - ABBOTT LEADERSHIP INSTITUTE
    110 WARREN ST
    NEWARK,NJ07102     		N/A PC OPERATING SUPPORT 50,000
    ST BENEDICT'S PREPARATORY SCHOOL
    520 DR MARTIN LUTHER KING BOULEVARD
    NEWARK,NJ07102     		N/A PC STEVEN GROSSMAN COUNSELING CENTER 50,000
    ST BENEDICT'S PREPARATORY SCHOOL
    520 DR MARTIN LUTHER KING BOULEVARD
    NEWARK,NJ07102     		N/A PC TRUSTEE GRANT 5,000
    ESSEX COUNTY PARKS FOUNDATION
    115 CLIFTON AVENUE
    NEWARK,NJ07104     		N/A PC TRUSTEE GRANT 2,000
    IRONBOUND COMMUNITY CORPORATION
    317 ELM STREET
    NEWARK,NJ07105     		N/A PC OPERATING SUPPORT 40,000
    UNIFIED VAILSBURG SERVICES ORGANIZATION
    40 RICHELIEU TER
    NEWARK,NJ07106     		N/A PC OPERATING SUPPORT 100,000
    CLINTON HILL COMMUNITY ACTION
    404 HAWTHORNE AVENUE
    NEWARK,NJ07112     		N/A PC OPERATING SUPPORT 50,000
    CLINTON HILL COMMUNITY AND EARLY CHILDHOOD CENTER
    420 HAWTHORNE AVENUE
    NEWARK,NJ07112     		N/A PC OPERATING SUPPORT FOR PRESCHOOL OPERATIONS 50,000
    RIDGE ALUMNI MEMORIAL SCHOLARSHIP INC
    777 HIGHLAND AVENUE
    PIEDMONT,CA946113808     		N/A PC TRUSTEE GRANT 2,500
    IVY 1879 FOUNDATION
    43 PROSPECT STREET
    PRINCETON,NJ08540     		N/A PC TRUSTEE GRANT 4,000
    COUNCIL OF NEW JERSEY GRANTMAKERS
    101 WEST STATE STREET
    TRENTON,NJ08608     		N/A PC NEWARK PHILANTHROPIC LIAISON 15,000
    COUNCIL OF NEW JERSEY GRANTMAKERS
    101 WEST STATE STREET
    TRENTON,NJ08608     		N/A PC SUPPORT FOR CNJG'S ONGOING RACIAL EQUITY WORK 20,000
    Total .................................bullet 3a 1,137,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 6,711  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 3,443,525  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 4,053,903 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,053,903
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT AND TAX FEES-PKF O'CONNOR DAVIES, LLP 31,500 18,900   18,100
    ACCOUNTING FEES - LAMBRIDES, ARNOLD, MOULTHROP, LLP 11,000 6,600   1,440

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Name of Stock End of Year Book Value End of Year Fair Market Value
    10X GENOMICS INC CMN CLASS A 52 SHRS 7,745 7,745
    ABBOTT LABORATORIES 699 SHRS 98,377 98,377
    ABBVIE 504 SHRS 68,242 68,242
    ADAPTIVE BIOTECHNOLOGIES CORPO CMN 290 SHRS 8,137 8,137
    ADOBE SYSTEMS 116 SHRS 65,779 65,779
    AFFIRM HOLDINGS, INC. CMN 132 SHRS 13,274 13,274
    AGILYSYS, INC. CMN 389 SHRS 17,295 17,295
    AIR PRODUCTS & CHEMICALS 110 SHRS 33,469 33,469
    ALAMO GROUP INC. CMN 90 SHRS 13,246 13,246
    ALLSTATE CORPORATION COMMON STOCK 221 SHRS 26,001 26,001
    ALNYLAM PHARMACEUTICALS, INC. CMN 60 SHRS 10,175 10,175
    ALPHABET INC CL A 82 SHRS 237,557 237,557
    ALPHABET INC CL C 33 SHRS 95,488 95,488
    AMAZON.COM 66 SHRS 220,066 220,066
    AMERICAN ASSETS TRUST, INC. CMN 355 SHRS 13,323 13,323
    AMERICAN EXPRESS 136 SHRS 22,250 22,250
    AMERICAN INTL GROUP 2151 SHRS 122,306 122,306
    AMERICAN TOWER 169 SHRS 49,432 49,432
    AMERICAN WELL CORPORATION CMN 533 SHRS 3,219 3,219
    AMERISOURCEBERGEN 224 SHRS 29,767 29,767
    AMPHENOL 291 SHRS 25,451 25,451
    APPLE 1805 SHRS 320,514 320,514
    APTIV PLC 101 SHRS 16,660 16,660
    ARCHER-DANIELS-MIDLAND COMPANY 656 SHRS 44,339 44,339
    ARCOSA INC CMN 292 SHRS 15,388 15,388
    ATLASSIAN CORPORATION PLC CMN CLASS A 57 SHRS 21,734 21,734
    AXONICS INC CMN 245 SHRS 13,720 13,720
    BANK OF AMERICA CORP CMN 3867 SHRS 172,043 172,043
    BAXTER INTERNATIONAL 422 SHRS 36,224 36,224
    BEACON ROOFING SUPPLY, INC. CMN 411 SHRS 23,571 23,571
    BECTON DICKINSON 160 SHRS 40,237 40,237
    BELDEN INC CMN 360 SHRS 23,663 23,663
    BERKSHIRE HATHAWAY INC. CLASS B 402 SHRS 120,198 120,198
    BILL.COM HOLDINGS, INC. CMN 81 SHRS 20,181 20,181
    BIOMARIN PHARMACEUTICAL INC. CMN 130 SHRS 11,485 11,485
    BLACKROCK, INC. CMN 48 SHRS 43,947 43,947
    BOEING 103 SHRS 20,736 20,736
    BOOKING HOLDINGS INC 23 SHRS 55,182 55,182
    BORGWARNER INC. CMN 719 SHRS 32,405 32,405
    BOSTON PROPERTIES 204 SHRS 23,497 23,497
    BOSTON SCIENTIFIC 572 SHRS 24,298 24,298
    BRISTOL-MYERS SQUIBB COMPANY CMN 547 SHRS 34,105 34,105
    BROADCOM LIMITED 49 SHRS 32,605 32,605
    CALIFORNIA WATER SERVICE GROUP HOLDING COMPANY 223 SHRS 16,025 16,025
    CAREDX, INC. CMN 383 SHRS 17,419 17,419
    CARRIER GLOBAL CORPORATION CMN 759 SHRS 41,168 41,168
    CATERPILLAR 319 SHRS 65,950 65,950
    CBIZ, INC. CMN 670 SHRS 26,210 26,210
    CENTRAL PACIFIC FINANCIAL CORP CMN 591 SHRS 16,648 16,648
    CHARLES SCHWAB 969 SHRS 81,493 81,493
    CHARTER COMMUNICATIONS, INC. CMN 48 SHRS 31,295 31,295
    CHEGG, INC. CMN 153 SHRS 4,697 4,697
    CHEVRON 943 SHRS 110,661 110,661
    CHILDREN'S PLACE INC (THE) INC 214 SHRS 16,968 16,968
    CHIPOTLE MEXICAN GRILL 10 SHRS 17,483 17,483
    CISCO SYSTEMS 496 SHRS 31,432 31,432
    COCA-COLA COMPANY 553 SHRS 32,743 32,743
    COGNIZANT TECHNOLOGY SOLUTIONS CORP CLASS A 674 SHRS 59,797 59,797
    COMCAST CLASS A 1737 SHRS 87,423 87,423
    CONOCOPHILLIPS 625 SHRS 45,113 45,113
    CRYOPORT, INC. CMN 843 SHRS 49,880 49,880
    CSX CORPORATION CMN 887 SHRS 33,351 33,351
    CVS HEALTH CORP CMN 473 SHRS 48,795 48,795
    DANAHER 111 SHRS 36,520 36,520
    DANIMER SCIENTIFIC INC CMN CLASS A 204 SHRS 1,738 1,738
    DARDEN RESTAURANTS, INC. CMN 179 SHRS 26,965 26,965
    DEERE & COMPANY CMN 146 SHRS 50,062 50,062
    DESCARTES SYSTEMS GRP (THE) CMN 341 SHRS 28,194 28,194
    DLOCAL LIMITED CMN 227 SHRS 8,102 8,102
    DOMINION ENERGY INC CMN 400 SHRS 31,424 31,424
    DUKE ENERGY CORPORATION CMN 397 SHRS 41,645 41,645
    DYCOM INDUSTRIES INC CMN 172 SHRS 16,127 16,127
    ECOLAB 69 SHRS 16,187 16,187
    ELI LILLY & CO 288 SHRS 79,551 79,551
    EMERSON ELECTRIC CO. CMN 273 SHRS 25,381 25,381
    EOG RESOURCES 365 SHRS 32,423 32,423
    EQUINIX 25 SHRS 21,146 21,146
    EQUITY LIFESTYLE PROPERTIES 245 SHRS 21,477 21,477
    ESTEE LAUDER 69 SHRS 25,544 25,544
    ETSY, INC. CMN 82 SHRS 17,953 17,953
    EVERCORE INC CMN CLASS A 199 SHRS 27,034 27,034
    FARFETCH LIMITED CMN CLASS A 375 SHRS 12,536 12,536
    FIDELITY NATL INFO SVCS INC CMN 404 SHRS 44,097 44,097
    FIRST REPUBLIC BANK 121 SHRS 24,988 24,988
    FLUOR CORPORATION CMN 993 SHRS 24,597 24,597
    FREEPORT-MCMORAN INC CMN 1559 SHRS 65,057 65,057
    GENERAL MOTORS CO 1688 SHRS 98,967 98,967
    GENMAB A/S SPONSORED ADR CMN 361 SHRS 14,281 14,281
    GLOBAL PMTS INC CMN 186 SHRS 25,143 25,143
    GOOSEHEAD INSURANCE, INC. CMN CLASS A 202 SHRS 26,276 26,276
    GREEN DOT CORPORATION CMN CLASS A 411 SHRS 14,895 14,895
    GRID DYNAMICS HOLDINGS INC CMN 1083 SHRS 41,122 41,122
    GUARDANT HEALTH, INC. CMN 102 SHRS 10,202 10,202
    H&E EQUIPMENT SERVICES INC CMN 738 SHRS 32,671 32,671
    HAIN CELESTIAL GROUP 207 SHRS 8,820 8,820
    HALOZYME THERAPEUTICS, INC. CMN 669 SHRS 26,900 26,900
    HANESBRANDS INC. CMN 1893 SHRS 31,651 31,651
    HARTFORD FINANCIAL SRVCS 1320 SHRS 91,133 91,133
    HEALTHSTREAM INC CMN 648 SHRS 17,081 17,081
    HELMERICH & PAYNE INC. CMN 550 SHRS 13,035 13,035
    HERITAGE COMMERCE CORP CMN 1089 SHRS 13,003 13,003
    HILTON GRAND VACATIONS INC. CMN 637 SHRS 33,194 33,194
    HONEYWELL INTL 290 SHRS 60,468 60,468
    HUBSPOT INC. CMN 52 SHRS 34,276 34,276
    HUMANA INC. CMN 134 SHRS 62,157 62,157
    HUNTSMAN CORPORATION CMN 759 SHRS 26,474 26,474
    ILLUMINA, INC. CMN 53 SHRS 20,163 20,163
    INSPIRE MEDICAL SYSTEMS, INC. CMN 94 SHRS 21,626 21,626
    INSULET CORPORATION CMN 63 SHRS 16,762 16,762
    INTEL CORPORATION CMN 293 SHRS 15,090 15,090
    INTER PARFUMS INC CMN 365 SHRS 39,019 39,019
    INTERCONTINENTALEXCHANGE 314 SHRS 42,946 42,946
    INTUITIVE SURGICAL 102 SHRS 36,649 36,649
    ISHARES MSCI EAFE 100% HEDGED 79500 SHRS 2,808,735 2,808,735
    ISHARES MSCI EMERGING MARKETS ETF 9100 SHRS 444,535 444,535
    ISHARES RUSSELL 1000 GROWTH ETF 6695 SHRS 2,045,925 2,045,925
    JOHNSON & JOHNSON 310 SHRS 53,032 53,032
    JPMORGAN CHASE 546 SHRS 86,459 86,459
    KAO CORP SPONSORED ADR CMN 5,750 5,750
    KKR & CO. INC. CMN CLASS A 1174 SHRS 87,463 87,463
    KRATOS DEFENSE & SECURITY SOL CMN 961 SHRS 18,643 18,643
    L3HARRIS TECHNOLOGIES INC CMN 135 SHRS 28,787 28,787
    LINDE PLC 180 SHRS 62,357 62,357
    LIONS GATE ENTERTAINMENT CORP. CMN CLASS A 1558 SHRS 25,925 25,925
    LIVE NATION ENTERTAINMENT INC CMN 155 SHRS 18,552 18,552
    LIVENT CORPORATION CMN 1119 SHRS 27,281 27,281
    LIVEPERSON, INC. CMN 626 SHRS 22,361 22,361
    LOCKHEED MARTIN 51 SHRS 18,126 18,126
    LOWES COMPANIES INC CMN 143 SHRS 36,963 36,963
    LULULEMON ATHLETICA 74 SHRS 28,967 28,967
    MARSH & MCLENNAN 237 SHRS 41,195 41,195
    MARTEN TRANSPORT LTD CMN 771 SHRS 13,230 13,230
    MARTIN MARIETTA MATERIALS,INC CMN 124 SHRS 54,624 54,624
    MARVELL TECHNOLOGY GROUP LTD. CMN 669 SHRS 58,531 58,531
    MASTERCARD 190 SHRS 68,271 68,271
    MATERION CORPORATION CMN 239 SHRS 21,974 21,974
    MC DONALDS 115 SHRS 30,828 30,828
    MCCORMICK & CO 306 SHRS 29,563 29,563
    MEDNAX INC CMN 467 SHRS 12,707 12,707
    MEDTRONIC 904 SHRS 93,519 93,519
    MERCK 311 SHRS 23,835 23,835
    META PLATFORMS INC 525 SHRS 176,584 176,584
    METHANEX CORPORATION CMN 628 SHRS 24,837 24,837
    MICRON TECHNOLOGY, INC. CMN 371 SHRS 34,559 34,559
    MICROSOFT 912 SHRS 306,724 306,724
    MODERNA, INC. CMN 47 SHRS 11,937 11,937
    MONDELEZ INTERNATIONAL, INC. CMN 1598 SHRS 105,963 105,963
    MONSTER BEVERAGE CORPORATION CMN 192 SHRS 18,440 18,440
    MONTROSE ENVIRONMENTAL GROUP I CMN 402 SHRS 28,345 28,345
    MOTOROLA SOLUTIONS INC CMN 114 SHRS 30,974 30,974
    N V R INC CMN 12 SHRS 70,906 70,906
    NASDAQ INC. CMN 193 SHRS 40,532 40,532
    NATIONAL BANK HOLDINGS CORP CMN CLASS A 414 SHRS 18,191 18,191
    NEOGENOMICS INC 589 SHRS 20,097 20,097
    NETFLIX COM INC CMN 119 SHRS 71,690 71,690
    NEXTERA ENERGY, INC. CMN 430 SHRS 40,145 40,145
    NIKE CLASS B 354 SHRS 59,001 59,001
    NORTHROP GRUMMAN CORP CMN 76 SHRS 29,417 29,417
    NVIDIA CORP CMN 431 SHRS 126,761 126,761
    OKTA, INC. CMN CLASS A 67 SHRS 15,019 15,019
    OLIN CORPORATION CMN 827 SHRS 47,569 47,569
    ON SEMICONDUCTOR CORP CMN 634 SHRS 43,061 43,061
    OPTIMIZERX CORPORATION CMN 184 SHRS 11,428 11,428
    OWENS CORNING CMN 237 SHRS 21,449 21,449
    PAR TECHNOLOGY CORPORATION CMN 334 SHRS 17,625 17,625
    PARKER-HANNIFIN 312 SHRS 99,253 99,253
    PAYPAL 359 SHRS 67,700 67,700
    PEPSICO 600 SHRS 104,226 104,226
    PFIZER 1250 SHRS 73,813 73,813
    PHILLIPS 66 CMN 200 SHRS 14,492 14,492
    PROCTER & GAMBLE 606 SHRS 99,129 99,129
    PROLOGIS 300 SHRS 50,508 50,508
    PRUDENTIAL FINANCIAL 290 SHRS 31,390 31,390
    PUBLIC STORAGE 112 SHRS 41,951 41,951
    PVH CORP 82 SHRS 8,745 8,745
    QUALTRICS INTERNATIONAL INC CMN 341 SHRS 12,071 12,071
    QUANTA SERVICES INC CMN 354 SHRS 40,590 40,590
    RANPAK HOLDINGS CORP CMN CLASS A 727 SHRS 27,321 27,321
    RETAIL OPPORTUNITY INVTS CORP CMN 1174 SHRS 23,010 23,010
    ROSS STORES 277 SHRS 31,656 31,656
    SAIA INC CMN CLASS 96 SHRS 32,355 32,355
    SAREPTA THERAPEUTICS INC CMN 127 SHRS 11,436 11,436
    SBA COMMUNICATIONS 48 SHRS 18,673 18,673
    SCHLUMBERGER 1191 SHRS 35,670 35,670
    SEATTLE GENETICS, INC. CMN 113 SHRS 17,470 17,470
    SERVICENOW 52 SHRS 33,754 33,754
    SHERWIN-WILLIAMS 176 SHRS 61,980 61,980
    SHOPIFY INC. CMN CLASS A 6 SHRS 8,264 8,264
    SIGNET JEWELERS LIMITED CMN 528 SHRS 45,952 45,952
    SILK ROAD MEDICAL INC CMN 282 SHRS 12,016 12,016
    SITEONE LANDSCAPE SUPPLY, INC. CMN 60 SHRS 14,537 14,537
    SKYWEST, INC. CMN 400 SHRS 15,720 15,720
    SNAP INC. CMN CLASS A 431 SHRS 20,270 20,270
    SNOWFLAKE INC. CMN CLASS A 101 SHRS 34,214 34,214
    SOUTHWEST AIRLINES 537 SHRS 23,005 23,005
    SPDR S&P 500 ETF 8230 SHRS 3,908,921 3,908,921
    SPLUNK INC CMN 218 SHRS 25,227 25,227
    SPROUT SOCIAL, INC. CMN 279 SHRS 25,303 25,303
    SS&C TECHNOLOGIES HOLDINGS, IN CMN 410 SHRS 33,612 33,612
    STATE STREET CORPORATION (NEW) CMN 443 SHRS 41,199 41,199
    TARGET CORPORATION CMN 186 SHRS 43,048 43,048
    TERRENO REALTY 244 SHRS 20,811 20,811
    TESLA, INC. CMN 63 SHRS 66,577 66,577
    TEXAS INSTRUMENTS INC. CMN 275 SHRS 51,829 51,829
    TEXTRON INC.DEL. CMN 430 SHRS 33,196 33,196
    THE HOME DEPOT 149 SHRS 61,836 61,836
    THE TRAVELERS COMPANIES 120 SHRS 18,772 18,772
    THERMO FISHER SCIENTIFIC INC CMN 93 SHRS 62,053 62,053
    TOAST, INC. CMN 180 SHRS 6,248 6,248
    TRONOX HOLDINGS PLC CMN 619 SHRS 14,875 14,875
    TRUIST FINANCIAL CORPORATION CMN 1584 SHRS 92,743 92,743
    TTEC HOLDINGS, INC. CMN 268 SHRS 24,267 24,267
    TYSON FOODS INC CL-A CMN CLASS A 338 SHRS 29,460 29,460
    UIPATH, INC. CMN CLASS A 156 SHRS 6,728 6,728
    UNION PACIFIC CORP. CMN 239 SHRS 60,211 60,211
    UNITED PARCEL SERVICE 172 SHRS 36,866 36,866
    UNITEDHEALTH GROUP INCORPORATE CMN 149 SHRS 74,819 74,819
    UNIVAR SOLUTIONS INC. CMN 718 SHRS 20,355 20,355
    VEEVA SYSTEMS INC CMN 67 SHRS 17,117 17,117
    VERACYTE, INC. CMN 497 SHRS 20,476 20,476
    VERISK ANALYTICS 176 SHRS 40,256 40,256
    VERIZON COMMUNICATIONS 1275 SHRS 66,249 66,249
    VF CORP 581 SHRS 42,541 42,541
    VICOR CORPORATION CMN 235 SHRS 29,840 29,840
    VISA 274 SHRS 59,379 59,379
    VISTEON CORPORATION CMN 289 SHRS 32,119 32,119
    VIZIO HOLDING CORP CMN 762 SHRS 14,806 14,806
    WAL MART STORES 104 SHRS 15,048 15,048
    WALT DISNEY 715 SHRS 110,746 110,746
    WEIGHT WATCHERS INTERNATIONAL, CMN 590 SHRS 9,517 9,517
    WELLS FARGO & CO 1546 SHRS 74,177 74,177
    WEST PHARMACEUTICAL SERVICES INC 63 SHRS 29,548 29,548
    WESTROCK COMPANY CMN 332 SHRS 14,728 14,728
    WEYERHAEUSER 885 SHRS 36,444 36,444
    WORKDAY, INC. CMN CLASS A 233 SHRS 63,651 63,651
    XCEL ENERGY INC CMN 463 SHRS 31,345 31,345
    ZSCALER, INC. CMN 35 SHRS 11,247 11,247
    ZYNGA INC. CMN CLASS A 2397 SHRS 15,341 15,341

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    US Government Securities - End of Year Book Value:

    545,165
    US Government Securities - End of Year Fair Market Value:

    545,165
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    APTITUDE PTNRS FMV 1,279,980 1,279,980
    ARTISAN DYN EQ - MAIN FMV 3,403,662 3,403,662
    BROAD STREET REAL ESTATE CREDIT PARTNERS II FMV 57,080 57,080
    BROAD STREET REAL ESTATE CREDIT PARTNERS III FMV 317,171 317,171
    GS CAPITAL PARTNERS V LP FMV 7,999 7,999
    GS HIGH YIELD FUND FMV 1,298,490 1,298,490
    GS INVESTMENT GRADE CREDIT FUND FMV 520,034 520,034
    GS SHORT DURATION INCOME FUND FMV 462,051 462,051
    GS US MORTGAGES FMV 475,160 475,160
    GS VINTAGE VI LP FMV 132,986 132,986
    HEDGE FUND SELECT: EMPYREAN LTD FMV 175,913 175,913
    KKR PRINCIPAL OPP FMV 334,410 334,410
    PRIVATE EQUITY MANAGERS (2018) FMV 872,567 872,567
    PRIVATE EQUITY MANAGERS (2019) FMV 915,509 915,509
    PRIVATE EQUITY MANAGERS (2020) OFFSHORE LP FMV 313,869 313,869
    PRIVATE EQUITY MANAGERS (2021) OFFSHORE LP FMV 17,524 17,524
    TCV XI ACCESS FMV 254,418 254,418
    US REAL PROPERTY INCOME FUND FMV 723,196 723,196
    VINTAGE VII - MAIN FMV 671,470 671,470
    VINTAGE VIII - MAIN FMV 1,170,379 1,170,379
    WEST ST GLBL GROW FMV 198,973 198,973
    WEST ST VII - MAIN FMV 1,695,687 1,695,687
    WEST ST VIII - MAIN FMV 543,074 543,074
    WEST STREET STRATEGIC SOLUTIONS OFFSHORE FEEDER FUND I, LLC FMV 504,041 504,041

    TY 2021 LegalFeesSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EMPLOYEE BENEFIT SYSTEMS, INC. - LEGAL FEES 950 0   950


    TY 2021 OtherAssetsSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST AND DIVIDENDS 30,179 20,997 20,997


    TY 2021 OtherDecreasesSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Description Amount
    PROVISION FOR DEFERRED EXCISE TAX EXPENSE 43,173


    TY 2021 OtherExpensesSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 3,647 0   3,647
    TELEPHONE 4,060 0   4,060
    DUES/MEMBER FEES 3,555 0   3,555
    OFFICE SUPPLIES 2,331 0   2,331
    POSTAGE AND SHIPPING 802 0   802
    ANNUAL REPORT 2,500 0   2,500
    MISCELLANEOUS 10,421 0   10,386
    OTHER PARTNERSHIP EXPENSES 0 31,213   0


    TY 2021 OtherIncomeSchedule2
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER PARTNERSHIP INCOME FROM K-1'S 44,268 45,366 44,268


    TY 2021 OtherIncreasesSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 3,105,982


    TY 2021 OtherLiabilitiesSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL EXCISE TAX 113,626 156,799


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT AND PARTNERSHIP EXPENSES 290,079 259,557   0
    CONSULTANTS 53,770 0   52,888


    TY 2021 TaxesSchedule
    Name:
    SCHUMANN FUND FOR NEW JERSEY INC
    EIN:
    52-1556076
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 15,373 15,373   0
    FEDERAL EXCISE TAX 51,277 0   0