Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
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 right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$32,343,862J 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 right arrow.............
3 Interest on savings and temporary cash investments 42,396 42,396  
4 Dividends and interest from securities... 452,818 461,113  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,730,683
b Gross sales price for all assets on line 6a 9,025,184
7 Capital gain net income (from Part IV, line 2)... 1,660,270
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
List of Attached Documents:
// Content
-19,791 -19,845  
12 Total. Add lines 1 through 11........ 2,206,106 2,143,934  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 218,400 43,680   174,720
14 Other employee salaries and wages...... 89,239 0   89,239
15 Pension plans, employee benefits....... 72,462 10,288   62,201
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
6,946 0   3,726
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
70,760 29,910   41,370
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
285,681 274,325   18,765
17 Interest............... 23 23   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
17,669 7,372   0
19 Depreciation (attach schedule) and depletion... 1,357 0  
20 Occupancy.............. 27,480 0   27,502
21 Travel, conferences, and meetings....... 16,861 0   15,100
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
36,656 26,261   38,996
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 843,534 391,859   471,619
25 Contributions, gifts, grants paid....... 1,439,108 1,262,000
26 Total expenses and disbursements. Add lines 24 and 25 2,282,642 391,859   1,733,619
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -76,536
b Net investment income (if negative, enter -0-) 1,752,075
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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......... 404,379 317,163 317,163
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   4,231    
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 3,966 19,230 19,230
10a Investments—U.S. and state government obligations (attach schedule) 483,599 Click to see attachment
List of Attached Documents:
// Content
1,581,119 		1,581,119
b Investments—corporate stock (attach schedule)....... 12,358,065 Click to see attachment
List of Attached Documents:
// Content
11,441,664 		11,441,664
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
1,625,098 		1,625,098
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 16,846,057 Click to see attachment
List of Attached Documents:
// Content
17,289,033 		17,289,033
14 Land, buildings, and equipment: basis right arrow19,000
Less: accumulated depreciation (attach schedule) right arrow1,357 0 17,643 17,643
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
63,660 		Click to see attachment
List of Attached Documents:
// Content
52,912 		Click to see attachment
List of Attached Documents:
// Content
52,912
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,163,957 32,343,862 32,343,862
Liabilities 17 Accounts payable and accrued expenses.......... 11,238 53,513
18 Grants payable................. 30,000 207,108
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
121,950 		Click to see attachment
List of Attached Documents:
// Content
118,559
23 Total liabilities (add lines 17 through 22)......... 163,188 379,180
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 30,000,769 31,964,682
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
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)..... 30,000,769 31,964,682
30 Total liabilities and net assets/fund balances (see instructions). 30,163,957 32,343,862
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
30,000,769
2
Enter amount from Part I, line 27a .....................
2
-76,536
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,079,560
4
Add lines 1, 2, and 3 ..........................
4
32,003,793
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
39,111
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
31,964,682
Form 990-PF (2023)
Form 990-PF (2023)
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 WEST STREET CAPITAL PARTNERS VII - PARALLEL, L.P. P    
c WEST STREET CAPITAL PARTNERS VIII - PARALLEL, L.P. P    
d ARTISAN: DYNAMIC EQUITY (NON-US EQUITY) [SERIES] P    
e U.S. REAL PROPERTY INCOME FUND, L.P. P    
KKR PRINCIPAL OPPORTUNITIES II ACCESS OFFSHORE LP P    
VINTAGE VI OFFSHORE LP P    
VINTAGE VIII OFFSHORE SCSP P    
TCV XI ACCESS OFFSHORE SCSP P    
TPG TECH ADJACENCIES II ACCESS OFFSHORE LP P    
VINTAGE VII OFFSHORE SCSP AND RELATED ENTITIES 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 9,025,184   7,761,655 1,263,529
b       2,117
c       270
d       221,471
e       2,320
      20,554
      1,913
      26,541
      29,592
      70,188
      21,775
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       1,263,529
b       2,117
c       270
d       221,471
e       2,320
      20,554
      1,913
      26,541
      29,592
      70,188
      21,775
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 1,660,270
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  
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 right arrow 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) 1 24,354
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 24,354
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 24,354
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 38,375
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 38,375
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 14,021
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow14,021 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowNJ
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 2023 or the taxable year beginning in 2023? 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
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 addressright arrowHTTP://SCHUMANNFUND.ORG
14
The books are in care ofright arrowLUCY VANDENBERG EXECUTIVE DIRECTOR Telephone no.right arrow (973) 509-9883

Located atright arrow21 VAN VLECK STREETMONTCLAIRNJ ZIP+4right arrow07042
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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 TRUSTEE
1.00 		0 0 0
21 VAN VLECK STREET
MONTCLAIR,NJ07042
MARTHA BONSAL DAY CHAIR
3.00 		0 0 0
21 VAN VLECK STREET
MONTCLAIR,NJ07042
ROGER PRATT SECRETARY/TREASURER
3.00 		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 VICE CHAIR
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
LUCY VANDENBERG BEGINNING 112023 EXECUTIVE DIRECTOR
45.00 		218,400 50,832 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
KAMILLE OLIVEIRA PROGRAM ASSOCIATE
40.00 		58,907 769 0
21 VAN VLECK STREET
MONTCLAIR,NJ07042
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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 186,592
200 WEST STREET
NEW YORK,NY10282
Total number of others receiving over $50,000 for professional services.............right arrow0
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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
30,717,702
b
Average of monthly cash balances.......................
1b
351,305
c
Fair market value of all other assets (see instructions)................
1c
39,199
d
Total (add lines 1a, b, and c).........................
1d
31,108,206
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
31,108,206
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
466,623
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
30,641,583
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,532,079
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
1,532,079
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
24,354
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
24,354
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,507,725
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,507,725
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
1,507,725
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
1,733,619
b
Program-related investments—total from Part VIII-B..................
1b
0
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
1,733,619
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,507,725
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022...... 174,391
f Total of lines 3a through e ........ 174,391
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,733,619
a Applied to 2022, but not more than line 2a 0
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 2023 distributable amount..... 1,507,725
e Remaining amount distributed out of corpus 225,894
5 Excess distributions carryover applied to 2023. 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 5 400,285
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		400,285
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022.... 174,391
e Excess from 2023.... 225,894
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 right arrow
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 (2023)
Form 990-PF (2023)
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

FAIR SHARE HOUSING CENTER

510 PARK BOULEVARD
CHERRY HILL,NJ08002 		N/A PC OPERATING SUPPORT 25,000

NEW JERSEY FUTURE

16 W LAFAYETTE STREET
TRENTON,NJ08608 		N/A PC PROGRAM/PROJECT SUPPORT -LEAD-FREE NJ (INTENSE MULTILINGUAL COMMUNICATION CAMPAIGN TO EDUCATE PARENTS, COMMUNITY-BASED ORGANIZATIONS, AND MUNICIPAL LEADERS ABOUT THE DANGERS OF LEAD POISONING FROM CONTAMINATED PAINT, WATER, AND SOIL) 20,000

NEWARK WATER COALITION

311 CLINTON AVENUE SUITE 5E
NEWARK,NJ07108 		N/A PC OPERATING SUPPORT; CAPACITY-BUILDING SUPPORT 25,000

COVENANT HOUSE NEW JERSEY

330 WASHINGTON STREET
NEWARK,NJ07102 		N/A PC PROGRAM/PROJECT SUPPORT - YOUTH CASE MANAGEMENT SERVICES AT CHNJ'S NEWARK CRISIS CENTER 25,000

MAIN ST COUNSELING CENTER

8 MARCELLA AVENUE
WEST ORANGE,NJ07052 		N/A PC PROGRAM/PROJECT SUPPORT - SCHOOL-BASED COUNSELING PROGRAM, SPECIFICALLY TO HIRE AN ADDITIONAL BILINGUAL COUNSELOR FOR NEWARK SCHOOL-BASED COUNSELING SERVICES 20,000

IRONBOUND COMMUNITY CORPORATION

317 ELM STREET
NEWARK,NJ07105 		N/A PC OPERATING SUPPORT 45,000

MEETING ESSENTIAL NEEDS WITH DIGNITY (MEND)

PO BOX 1304
MAPLEWOOD,NJ07040 		N/A PC PROGRAM/PROJECT SUPPORT - MEND ON THE MOVE 25,000

NEW JERSEY CITIZEN ACTION EDUCATION FUND

625 BROAD STREET SUITE 270
NEWARK,NJ07102 		N/A PC PROGRAM/PROJECT SUPPORT - ESSEX COUNTY COMMUNITY CIVIC LEADERSHIP PROJECT 45,000

FAMILY SUCCESS INSTITUTE

86 S HARRISON AVENUE
EAST ORANGE,NJ07018 		N/A PC OPERATING SUPPORT 25,000

NEW JERSEY FUTURE

16 W LAFAYETTE STREET
TRENTON,NJ08608 		N/A PC PROGRAM/PROJECT SUPPORT -MT. LAUREL AFFORDABLE HOUSING PLANNING INITIATIVE 10,000

NEW YORK PUBLIC RADIO

160 VARICK STREET
NEW YORK,NY10013 		N/A PC OPERATING SUPPORT - (NEW JERSEY PUBLIC RADIO) 20,000

THE WNET GROUP

825 EIGHTH AVENUE
NEW YORK,NY10019 		N/A PC PROGRAM/PROJECT SUPPORT - NJ SPOTLIGHT EDUCATION AND CHILD WELFARE REPORTER 25,000

COUNCIL OF NEW JERSEY GRANTMAKERS

1977 NORTH OLDEN AVENUE SUITE 238
EWING,NJ08618 		N/A PC PROGRAM/PROJECT SUPPORT - NEWARK PHILANTHROPIC LIAISON 15,000

UNIFIED VAILSBURG SERVICES ORGANIZATION

1044 SOUTH ORANGE AVENUE SECOND
FLOOR
NEWARK,NJ07106 		N/A PC OPERATING SUPPORT - (EMPHASIS ON EARLY CHILDHOOD EDUCATION SERVICES) 25,000

CLINTON HILL COMMUNITY ACTION

404 HAWTHORNE AVENUE
NEWARK,NJ07112 		N/A PC OPERATING SUPPORT - (FOCUS ON AFFORDABLE AND HEALTHY HOMES) 50,000

NEWARK COMMUNITY STREET TEAM

915 SOUTH 16TH STREET
NEWARK,NJ07108 		N/A PC PROGRAM/PROJECT SUPPORT - COMMUNITY SENTINELS LEADERSHIP ACADEMY 30,000

HABITAT FOR HUMANITY NEWARK OF GREATER NEWARK

58 PARK PLACE
NEWARK,NJ07102 		N/A PC OPERATING SUPPORT 20,000

THE TRUST FOR PUBLIC LAND (NEW JERSEY)

60 PARK PLACE SUITE 901
NEWARK,NJ07102 		N/A PC PROGRAM/PROJECT SUPPORT - PARKS FOR PEOPLE-NEWARK 25,000

UNITED PARKS AS ONE

PO BOX 1372
NEWARK,NJ07101 		N/A PC OPERATING SUPPORT - (SUPPORTING A FULL-TIME EXECUTIVE DIRECTOR AND COMMUNITY ORGANIZER POSITION) 30,000

CENTER FOR FOOD ACTION (HUNGER FREE NEW JERSEY)

192 W DEMAREST AVENUE
ENGLEWOOD,NJ07631 		N/A PC OPERATING SUPPORT FOR HUNGER FREE NEW JERSEY WITH A FOCUS ON SCHOOL MEALS FOR ALL NJ ADVOCACY CAMPAIGN 25,000

NJ FOOD SECURITY ACCESS FUND

35 KNOX HILL ROAD
MORRISTOWN,NJ07960 		N/A PC PROGRAM/PROJECT SUPPORT - NJ FOOD SECURITY ACCESS FUND 25,000

NEWARK GRASSROOTS RESOURCE CENTER

35 KNOX HILL ROAD
MORRISTOWN,NJ07960 		N/A PC PROGRAM/PROJECT SUPPORT - PLANNING PHASE TO DEVELOP A NEWARK GRASSROOTS RESOURCE CENTER 10,000

MENTOR NEWARK

60 PARK PLACE SUITE 601
NEWARK,NJ07102 		N/A PC OPERATING SUPPORT 30,000

RUTGERS UNIVERSITY - JOSEPH C CORNWALL CENTER FOR METROPOLITAN STUDIES

47 BLEEKER STREET
NEWARK,NJ07102 		N/A PC PROGRAM/PROJECT SUPPORT - PARENT MENTOR ACADEMY 30,000

ST BENEDICT'S PREPARATORY SCHOOL

520 DR MARTIN LUTHER KING BOULEVARD
NEWARK,NJ07102 		N/A PC PROGRAM/PROJECT SUPPORT - STEVEN M. GROSSMANN STUDENT COUNSELING CENTER 30,000

NEW JERSEY COMMUNITIES UNITED

PO BOX 200201
NEWARK,NJ07102 		N/A PC PROGRAM/PROJECT SUPPORT - CAMPAIGN LED BY ESSEX COUNTY IN-HOME CHILDCARE PROVIDERS TO ADDRESS MENTAL HEALTH CHALLENGES FACING ESSEX COUNTY FAMILIES 30,000

PROGRAMS FOR PARENTS

570 BROAD STREET 8TH FLOOR
NEWARK,NJ07102 		N/A PC PROGRAM/PROJECT SUPPORT - PARENT-LED PROGRAMMING AROUND ADVERSE CHILDHOOD EXPERIENCES (ACES) AND A ONE-TIME ( $5,000) SUPPLEMENTAL PAYMENT INTENDED TO SUPPORT THE SALARY OF NEW CEO NAYIBE CAPELLAN 55,000

MONTCLAIR FOUNDATION

21 VAN VLECK STREET
MONTCLAIR,NJ07042 		N/A PC PROGRAM/PROJECT SUPPORT - NATURE CONNECTION AND DISCOVERING NATURE FIELD TRIP PROGRAMS 20,000

NEWARK SCHOOL OF THE ARTS

89 LINCOLN PARK
NEWARK,NJ07102 		N/A PC PROGRAM/PROJECT SUPPORT - EARLY CHILDHOOD MUSIC EDUCATION PROGRAM AND PROFESSIONAL DEVELOPMENT FOR TEACHING PROFESSIONALS 15,000

FAMILY CONNECTIONS

7 GLENWOOD AVENUE SUITE 101
EAST ORANGE,NJ07107 		N/A PC PROGRAM/PROJECT SUPPORT - SCHOOL-BASED YOUTH SERVICES PROGRAMS, INCLUDING COSTS ASSOCIATED WITH FIELD TRIPS, WORKSHOPS, AND MEALS 25,000

SUCCEED2GETHER

PO BOX 1355
MONTCLAIR,NJ07042 		N/A PC OPERATING SUPPORT - (FOCUS ON ACADEMIC TUTORING FOR LOW-INCOME CHILDREN IN MONTCLAIR AND ESSEX COUNTY) 10,000

GIRL SCOUTS HEART OF NEW JERSEY

SERVICE CENTER 1171 NJ-28
BRANCHBURG,NJ08876 		N/A PC PROGRAM/PROJECT SUPPORT: NEWARK-BASED CHARTER SCHOOL INITIATIVE 22,000

NEW JERSEY ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN

PO BOX 1024
BARNEGAT LIGHT,NJ08006 		N/A PC OPERATING SUPPORT - (EMPHASIS ON PUBLIC POLICY; HIRE A FT PUBLIC POLICY PROFESSIONAL) 30,000

BUILDING RESPONSIBLE INTELLIGENT CREATIVE KIDS (BRICK) EDUCATION NETWORK -

534 CLINTON AVENUE
NEWARK,NJ07108 		N/A PC PROGRAM/PROJECT SUPPORT - SOUTH WARD HEALTHY BEGINNINGS 30,000

ADVOCATES FOR CHILDREN OF NEW JERSEY

35 HALSEY STREET
NEWARK,NJ07102 		N/A PC OPERATING SUPPORT - (EMPHASIS ON CHILD WELFARE AND EARLY CHILDHOOD POLICY WORK) 75,000

NEWARK YOUTH CAREER PATHWAYS

60 PARK PLACE SUITE 604
NEWARK,NJ07102 		N/A PC OPERATING SUPPORT 30,000

CASA FOR CHILDREN OF ESSEX COUNTY

212 WASHINGTON STREET SUITE 912
NEWARK,NJ07102 		N/A PC PROGRAM/PROJECT SUPPORT - VOICES OF FOSTER CARE IN ESSEX COUNTY: DECODING THE MYTHS OF THE SYSTEM 25,000

NEW JERSEY INSTITUTE FOR SOCIAL JUSTICE

60 PARK PLACE SUITE 511
NEWARK,NJ07102 		N/A PC OPERATING SUPPORT - (YOUTH JUSTICE INITIATIVE) 40,000

LEGAL SERVICES OF NEW JERSEY

100 METROPLEX DRIVE SUITE 101
EDISON,NJ08818 		N/A PC PROGRAM/PROJECT SUPPORT - PARENT ALLY PROGRAM 40,000

CHILD FOCUS (FORMERLY CASA PASSAIC)

415 HAMBURG TPK SUITE D2
WAYNE,NJ07470 		N/A PC PROGRAM/PROJECT SUPPORT - SAFE BABIES COURT TEAM 30,000

NEW JERSEY CONSORTIUM FOR IMMIGRANT CHILDREN

201 MONTGOMERY STREET
JERSEY CITY,NJ07302 		N/A PC PROGRAM/PROJECT SUPPORT - EQUITY AND ACCESS ADVOCACY PROJECT 45,000

180 TURNING LIVES AROUND

1 BETHANY ROAD
HAZLET,NJ07730 		N/A PC TRUSTEE GRANT 2,000

MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE

100 CHESTNUT STREET
MONTCLAIR,NJ07042 		N/A PC TRUSTEE GRANT 3,000

IVY 1879 FOUNDATION

43 PROSPECT AVENUE
PRINCETON,NJ08540 		N/A PC TRUSTEE GRANT 5,000

RESEARCH & DEVELOPMENT COUNCIL OF NEW JERSEY

127 MAIN STREET
CHATHAM,NJ07928 		N/A PC TRUSTEE GRANT 5,000

NEW JERSEY INSTITUTE OF TECHNOLOGY FOUNDATION

520 DR MARTIN LUTHER KING BOULEVARD
NEWARK,NJ07102 		N/A PC TRUSTEE GRANT 2,500

DELBARTON SCHOOL

230 MENDHAM ROAD
MORRISTOWN,NJ07960 		N/A PC TRUSTEE GRANT 2,500

BRANCH BROOK PARK ALLIANCE

115 CLIFTON AVENUE
NEWARK,NJ07104 		N/A PC TRUSTEE GRANT 5,000

NEW JERSEY BALLET COMPANY

7-9 VREELAND ROAD
FLORHAM PARK,NJ07932 		N/A PC TRUSTEE GRANT 5,000

PAPER MILL PLAYHOUSE

22 BROOKSIDE DRIVE
MILLBURN,NJ07041 		N/A PC TRUSTEE GRANT 5,000

HUMAN NEEDS FOOD PANTRY

9 LABEL STREET
MONTCLAIR,NJ07042 		N/A PC TRUSTEE GRANT 7,500

ST LUKE'S EPISCOPAL CHURCH (TONI'S KITCHEN)

73 SOUTH FULLERTON AVENUE
MONTCLAIR,NJ07042 		N/A PC TRUSTEE GRANT 2,500

THE NEWARK MUSEUM OF ART

49 WASHINGTON STREET
NEWARK,NJ07102 		N/A PC TRUSTEE GRANT 5,000

GEORGE STREET PLAYHOUSE

9 LIVINGSTON AVENUE
NEW BRUNSWICK,NJ08901 		N/A PC TRUSTEE GRANT 5,000

BOYS & GIRLS CLUBS OF NEWARK

1 AVON AVENUE
NEWARK,NJ07108 		N/A PC TRUSTEE GRANT 5,000

GEORGE STREET PLAYHOUSE

9 LIVINGSTON AVENUE
NEW BRUNSWICK,NJ08901 		N/A PC TRUSTEE GRANT 5,000

HUMAN NEEDS FOOD PANTRY

9 LABEL STREET
MONTCLAIR,NJ07042 		N/A PC TRUSTEE GRANT 7,500

IVY 1879 FOUNDATION

43 PROSPECT AVENUE
PRINCETON,NJ08540 		N/A PC TRUSTEE GRANT 2,500

RESEARCH & DEVELOPMENT COUNCIL OF NEW JERSEY

127 MAIN STREET
CHATHAM,NJ07928 		N/A PC TRUSTEE GRANT 5,000

RIDGE ALUMNI MEMORIAL SCHOLARSHIP

777 HIGHLAND AVENUE
PIEDMONT,CA94611 		N/A PC TRUSTEE GRANT 2,500

ST LUKE'S EPISCOPAL CHURCH

73 SOUTH FULLERTON AVENUE
MONTCLAIR,NJ07042 		N/A PC TRUSTEE GRANT 2,500
Total .................................right arrow 3a 1,262,000
bApproved for future payment

SAINT VINCENT ACADEMY
228 WEST MARKET STREET
NEWARK,NJ07103 		N/A PC OPERATING SUPPORT 5,000

COUNCIL OF NEW JERSEY GRANTMAKERS
1977 NORTH OLDEN AVENUE SUITE 238
EWING,NJ08618 		N/A PC PROGRAM/PROJECT SUPPORT - NEWARK PHILANTHROPIC LIAISON 30,000

NJ FOOD SECURITY ACCESS FUND
35 KNOX HILL ROAD
MORRISTOWN,NJ07960 		N/A PC PROGRAM/PROJECT SUPPORT - NJ FOOD SECURITY ACCESS FUND 25,000

MONTCLAIR FOUNDATION
21 VAN VLECK STREET
MONTCLAIR,NJ07042 		N/A PC PROGRAM/PROJECT SUPPORT - NATURE CONNECTION AND DISCOVERING NATURE FIELD TRIP PROGRAMS 40,000

NEW JERSEY ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN
PO BOX 1024
BARNEGAT LIGHT,NJ08006 		N/A PC OPERATING SUPPORT - (EMPHASIS ON PUBLIC POLICY; HIRE A FT PUBLIC POLICY PROFESSIONAL) 30,000

NEW JERSEY INSTITUTE FOR SOCIAL JUSTICE
60 PARK PLACE SUITE 511
NEWARK,NJ07102 		N/A PC OPERATING SUPPORT - (YOUTH JUSTICE INITIATIVE) 80,000
Total ................................. right arrow 3b 210,000
Form 990-PF (2023)
Form 990-PF (2023)
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 42,396  
4 Dividends and interest from securities ....     14 452,818  
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 .....     01 628  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,730,683  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER PARTNERSHIP INCOME FROM K-1'S 		    01 -20,419  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,206,106 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,206,106
(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 (2023)
Form 990-PF (2023)
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.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
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Form 990-PF (2023)
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TY 2023 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 41,650 24,990   16,660
ACCOUNTING FEES 29,110 4,920   24,710

TY 2023 InvestmentsCorpBondsSchedule
Name:
SCHUMANN FUND FOR NEW JERSEY INC
EIN:
52-1556076
Name of Bond End of Year Book Value End of Year Fair Market Value
3M COMPANY 3.05% 04/15/2030 USD SR LIEN 12,639 12,639
3M COMPANY MTN 3.375% 03/01/2029 USD SR LIEN 18,730 18,730
ABBVIE INC 4.5% 05/14/2035 USD SR LIEN 7,842 7,842
ABBVIE INC 4.55% 03/15/2035 USD SER WI SR LIEN 11,789 11,789
AIR LEASE CORP 3.625% 04/01/2027 USD SR LIEN 10,410 10,410
AIR LEASE CORP 3.625% 12/01/2027 USD SR LIEN 16,088 16,088
AIR LEASE CORPORATION 5.3% 02/01/2028 SR LIEN 18,218 18,218
AMAZON.COM, INC. 4.8% 12/05/2034 USD SR LIEN 3,102 3,102
AMEREN CORPORATION 1.95% 03/15/2027 USD SR LIEN 12,831 12,831
AMERICAN EXPRESS COMPANY 1.65% 11/04/2026 USD SR LIEN 33,096 33,096
AMERICAN INTERNATIONAL GROUP, 3.875% 01/15/2035 USD SR LIEN 9,050 9,050
AMGEN INC. 5.25% 03/02/2030 SR LIEN 28,822 28,822
AON CORPORATION 2.6% 12/02/2031 USD SR LIEN 27,181 27,181
AUTONATION INC 3.85% 03/01/2032 USD SR LIEN 7,119 7,119
AUTONATION INC 4.75% 06/01/2030 USD SR LIEN 5,797 5,797
BANK OF AMERICA CORPORATION HYBRID 12/20/2028 USD SER WI SR LIEN CPN 12/20/1 23,539 23,539
BANK OF AMERICA CORPORATION HYBRID MTN 02/04/2028 USD SR LIEN CPN 02/04/22 2 20,393 20,393
BANK OF AMERICA CORPORATION HYBRID MTN 06/14/2029 USD SR LIEN CPN 06/14/21 2 4,411 4,411
BANK OF AMERICA CORPORATION HYBRID MTN 07/21/2028 USD SR LIEN CPN 07/21/17 3 1,898 1,898
BANK OF AMERICA CORPORATION HYBRID MTN 07/23/2030 USD SR LIEN CPN 07/23/19 3 5,446 5,446
BANK OF NOVA SCOTIA 4.75% 02/02/2026 SR LIEN 3,992 3,992
BANK OF NOVA SCOTIA 5.65% 02/01/2034 SR LIEN 52,979 52,979
BAXTER INTERNATIONAL INC 2.272% 12/01/2028 USD SR LIEN 10,738 10,738
BAXTER INTERNATIONAL INC. 1.73% 04/01/2031 USD SR LIEN 15,479 15,479
BRISTOL-MYERS SQUIBB COMPANY 5.75% 02/01/2031 SR LIEN 16,096 16,096
BROADCOM INC. 4.15% 11/15/2030 USD SER WI SR LIEN 17,218 17,218
CANADIAN IMPERIAL BANK OF COMMERCE 5.001% 04/28/2028 USD SR LIEN 24,158 24,158
CAPITAL ONE FINANCIAL CORPORAT HYBRID 03/01/2030 USD SR LIEN CPN 03/03/22 3. 11,622 11,622
CAPITAL ONE FINANCIAL CORPORAT HYBRID 07/29/2032 USD SUB LIEN CPN 07/29/21 2 16,689 16,689
CIGNA CORP 2.375% 03/15/2031 USD SR LIEN 31,669 31,669
CITIGROUP INC. HYBRID 01/10/2028 USD SR LIEN CPN 01/10/17 3.887% 16,454 16,454
CITIGROUP INC. HYBRID 01/29/2031 USD SR LIEN CPN 01/29/20 2.666% 19,980 19,980
CITIGROUP INC. HYBRID 02/24/2028 USD SER VAR SR LIEN CPN 02/18/22 3.07% 11,314 11,314
CLOROX COMPANY (THE) 1.8% 05/15/2030 USD SR LIEN 5,848 5,848
CROWN CASTLE INTL CORP 3.65% 09/01/2027 USD SR LIEN 23,781 23,781
CVS HEALTH CORPORATION 1.3% 08/21/2027 USD SR LIEN 6,222 6,222
CVS HEALTH CORPORATION 1.75% 08/21/2030 USD SR LIEN 17,375 17,375
DELL INTERNATIONAL L.L.C. 5.25% 02/01/2028 SR LIEN EMC CORP 14,358 14,358
DOW CHEMICAL CO/THE 4.25% 10/01/2034 USD SR LIEN 23,017 23,017
DOWDUPONT INC. 4.493% 11/15/2025 USD SR LIEN 1,986 1,986
DUKE ENERGY CAROLINAS 2.45% 02/01/2030 USD SR LIEN 55,981 55,981
EMERSON ELECTRIC CO 1.95% 10/15/2030 USD SR LIEN 13,817 13,817
EMERSON ELECTRIC CO. 2.0% 12/21/2028 USD SR LIEN 5,373 5,373
ENBRIDGE INC 5.7% 03/08/2033 USD SR LIEN 32,287 32,287
FISERV INC 2.65% 06/01/2030 USD SR LIEN 16,729 16,729
GENERAL MOTORS FINL CO 2.35% 02/26/2027 USD SR LIEN 7,369 7,369
GENERAL MOTORS FINL CO 4.3% 04/06/2029 USD SR LIEN 6,750 6,750
GLOBAL PAYMENTS INC. 3.2% 08/15/2029 USD SR LIEN 9,980 9,980
HORMEL FOODS CORP 1.8% 06/11/2030 USD SR LIEN 8,518 8,518
HUMANA INC. 1.35% 02/03/2027 USD SR LIEN 18,051 18,051
HUMANA INC. 3.7% 03/23/2029 USD SR LIEN 6,732 6,732
INTEL CORPORATION 2.0% 08/12/2031 USD SR LIEN 1,692 1,692
INTEL CORPORATION 4.875% 02/10/2028 SR LIEN 29,501 29,501
INTEL CORPORATION 5.2% 02/10/2033 USD SR LIEN 24,053 24,053
INTERCONTINENTAL EXCHANGE, INC 4.6% 03/15/2033 USD SR LIEN 1,988 1,988
JPMORGAN CHASE & CO. HYBRID 01/23/2029 USD SR LIEN CPN 01/23/18 3.509% 18,022 18,022
JPMORGAN CHASE & CO. HYBRID 05/13/2031 USD SUB LIEN CPN 05/13/20 2.956% 13,202 13,202
KELLOGG CO 2.1% 06/01/2030 USD SR LIEN 24,083 24,083
KINDER MORGAN, INC. 5.3% 12/01/2034 USD SR LIEN 20,881 20,881
KROGER CO 1.7% 01/15/2031 USD SR LIEN 8,096 8,096
LOWE'S COS INC 2.625% 04/01/2031 USD SR LIEN 8,759 8,759
M&T BANK CORPORATION HYBRID 01/27/2034 SR LIEN CPN 01/27/23 5.053% 6,645 6,645
MORGAN STANLEY HYBRID 05/04/2027 USD SR LIEN CPN 04/22/21 1.593% 24,888 24,888
MORGAN STANLEY HYBRID MTN 01/21/2028 USD SR LIEN CPN 01/24/22 2.475% 31,588 31,588
NEXTERA ENERGY CAPITAL HOLDING 5.0% 02/28/2030 SR LIEN 25,300 25,300
NXP BV/NXP FDG/NXP USA 3.4% 05/01/2030 USD SR LIEN 10,124 10,124
ORACLE CORPORATION 2.875% 03/25/2031 USD SR LIEN 18,628 18,628
ORACLE CORPORATION 4.3% 07/08/2034 USD SR LIEN 14,981 14,981
PNC FINANCIAL SERVICES HYBRID 08/18/2034 SR LIEN CPN 08/18/23 5.939% 23,957 23,957
PUBLIC STORAGE 1.95% 11/09/2028 USD SR LIEN 5,351 5,351
REALTY INCOME CORPORATION 3.25% 01/15/2031 USD SR LIEN 16,378 16,378
REALTY INCOME CORPORATION 4.85% 03/15/2030 SR LIEN 26,145 26,145
RELX CAPITAL INC 3.0% 05/22/2030 USD SR LIEN 32,157 32,157
ROYALTY PHARMA PLC 2.2% 09/02/2030 USD SER WI SR LIEN 10,111 10,111
SALESFORCE.COM, INC. 1.5% 07/15/2028 USD SR LIEN 5,343 5,343
SERVICENOW, INC. 1.4% 09/01/2030 USD SR LIEN 12,356 12,356
STATE STREET CORP HYBRID 11/21/2029 SR LIEN CPN 11/21/23 5.684% 56,910 56,910
SYNCHRONY FINANCIAL 3.95% 12/01/2027 USD SR LIEN 17,769 17,769
TELEDYNE TECHNOLOGIES IN 2.75% 04/01/2031 USD SR LIEN 10,458 10,458
THERMO FISHER SCIENTIFIC 1.75% 10/15/2028 USD SR LIEN 8,929 8,929
TOYOTA MOTOR CREDIT CORP MTN 1.125% 06/18/2026 USD SR LIEN 60,046 60,046
TRANE TECHNOLOGIES FINANCING LIMITED 5.25% 03/03/2033 USD SR LIEN 32,156 32,156
TRANSCANADA PIPELINES 4.1% 04/15/2030 USD SR LIEN 7,618 7,618
TRANS-CANADA PIPELINES 4.875% 01/15/2026 USD SR LIEN 21,945 21,945
TRANSCANADA PIPELINES LIMITED 4.25% 05/15/2028 USD SER 10YR SR LIEN 1,948 1,948
TRUIST FINANCIAL CORPORATION HYBRID MTN 06/07/2029 USD SR LIEN CPN 06/07/21 18,165 18,165
U.S. BANCORP HYBRID MTN 07/22/2033 USD SUB LIEN CPN 07/22/22 4.967% 7,596 7,596
U.S. BANCORP MTN 3.0% 07/30/2029 USD SUB LIEN 1,809 1,809
UDR INC MTN 3.2% 01/15/2030 USD SR LIEN 31,831 31,831
VERIZON COMMUNICATIONS INC. 4.4% 11/01/2034 USD SR LIEN 25,065 25,065
VIRGINIA ELEC & POWER CO 2.875% 07/15/2029 USD SER A SR LIEN 1,839 1,839
WALT DISNEY COMPANY (THE) 2.65% 01/13/2031 USD SR LIEN 16,040 16,040
WASTE MANAGEMENT INC 1.5% 03/15/2031 USD SR LIEN 25,377 25,377
WELLS FARGO & COMPANY HYBRID MTN 06/02/2028 USD SR LIEN CPN 06/02/20 2.393% 12,831 12,831
WESTPAC BANKING CORP HYBRID 07/24/2034 USD SUB LIEN CPN 07/24/19 4.11% 8,236 8,236
WYETH LLC 6.0% 02/15/2036 SER B SR LIEN 38,692 38,692
BERRY GLOBAL INC 1.57% 01/15/2026 USD SR LIEN 4,646 4,646

TY 2023 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
ABBOTT LABORATORIES 99,173 99,173
ABBVIE 43,702 43,702
ADOBE SYSTEMS 51,904 51,904
AGILYSYS, INC. CMN 11,196 11,196
AIR PRODUCTS & CHEMICALS 23,821 23,821
ALAMO GROUP INC. CMN 9,879 9,879
ALBANY INTERNATIONAL CORP CLASS A 15,028 15,028
ALLSTATE CORPORATION COMMON STOCK 49,833 49,833
ALPHABET INC CL A 133,823 133,823
AMAZON.COM 142,056 142,056
AMERICAN EXPRESS 17,797 17,797
AMERICAN INTL GROUP 85,230 85,230
AMERICAN TOWER 88,727 88,727
AMERISOURCEBERGEN 25,878 25,878
ATLASSIAN CORPORATION PLC CMN CLASS A 41,388 41,388
AXONICS INC CMN 14,749 14,749
AZEK COMPANY INC. (THE) CMN 16,524 16,524
BANK OF AMERICA CORP CMN 90,135 90,135
BECTON DICKINSON 52,667 52,667
BELDEN INC CMN 13,364 13,364
BERKSHIRE HATHAWAY INC. CLASS B 60,989 60,989
BLACKROCK, INC. CMN 37,343 37,343
BORGWARNER INC. CMN 21,044 21,044
BOSTON SCIENTIFIC 37,172 37,172
BRISTOL-MYERS SQUIBB COMPANY CMN 18,933 18,933
BROADCOM LIMITED 27,906 27,906
BUMBLE INC 7,621 7,621
CALIFORNIA WATER SERVICE GROUP HOLDING COMPANY 9,181 9,181
CARMAX, INC. CMN 46,735 46,735
CARPENTER TECHNOLOGY INC CMN 16,780 16,780
CARRIER GLOBAL CORPORATION CMN 24,761 24,761
CASELLA WASTE SYSTEMS INC CLASS A 20,083 20,083
CATERPILLAR 72,143 72,143
CBIZ, INC. CMN 24,160 24,160
CERTARA, INC. CMN 12,893 12,893
CHEVRON 34,605 34,605
CHIPOTLE MEXICAN GRILL 48,026 48,026
COMCAST CLASS A 26,442 26,442
CONOCOPHILLIPS 111,659 111,659
CSX CORPORATION CMN 28,117 28,117
CVS HEALTH CORP CMN 26,610 26,610
DANAHER 67,320 67,320
DARDEN RESTAURANTS, INC. CMN 23,659 23,659
DEERE & COMPANY CMN 31,190 31,190
DESCARTES SYSTEMS GRP (THE) CMN 16,476 16,476
DOMINION ENERGY INC CMN 18,800 18,800
DOUBLEVERIFY HOLDINGS INC. CMN 16,257 16,257
DUKE ENERGY CORPORATION CMN 30,082 30,082
ECOLAB 37,885 37,885
EOG RESOURCES 25,883 25,883
EQUITY LIFESTYLE PROPERTIES 14,320 14,320
EXXON MOBIL 53,489 53,489
FIRSTCASH HLDGS INC CMN 10,731 10,731
FLUOR CORPORATION CMN 10,067 10,067
FOX CORPORATION CMN 14,598 14,598
FREEPORT-MCMORAN INC CMN 32,907 32,907
FREEPORT-MCMORAN INC CMN 15,495 15,495
GENERAL MOTORS CO 54,491 54,491
HALOZYME THERAPEUTICS, INC. CMN 14,193 14,193
HARTFORD FINANCIAL SRVCS 55,944 55,944
HCA HEALTHCARE, INC CMN 46,016 46,016
HELMERICH & PAYNE INC. CMN 12,460 12,460
HONEYWELL INTL 65,430 65,430
HUMANA INC. CMN 34,794 34,794
ICF INTERNATIONAL INC CMN 10,325 10,325
INTER PARFUMS INC CMN 17,857 17,857
INTERCONTINENTALEXCHANGE 27,356 27,356
ISHARES MSCI EAFE 100% HEDGED 391,512 391,512
ISHARES RUSSELL 1000 GROWTH ETF 2,029,723 2,029,723
JOHNSON & JOHNSON 24,451 24,451
JPMORGAN CHASE 64,808 64,808
KKR & CO. INC. CMN CLASS A 43,165 43,165
KRATOS DEFENSE & SECURITY SOL CMN 15,218 15,218
L3HARRIS TECHNOLOGIES INC CMN 28,434 28,434
LESLIE'S, INC. CMN 8,610 8,610
LOWES COMPANIES INC CMN 25,148 25,148
MARSH & MCLENNAN 19,705 19,705
MARTEN TRANSPORT LTD CMN 10,658 10,658
MARTIN MARIETTA MATERIALS,INC CMN 44,403 44,403
MARVELL TECHNOLOGY GROUP LTD. CMN 48,127 48,127
MEDTRONIC 31,057 31,057
MERCK 43,935 43,935
META PLATFORMS INC 28,671 28,671
METHANEX CORPORATION CMN 12,550 12,550
MICRON TECHNOLOGY, INC. CMN 20,482 20,482
MICROSOFT 162,825 162,825
MONDELEZ INTERNATIONAL, INC. CMN 27,958 27,958
MONTROSE ENVIRONMENTAL GROUP I CMN 10,025 10,025
MOTOROLA SOLUTIONS INC CMN 26,926 26,926
N V R INC CMN 42,003 42,003
NASDAQ INC. CMN 28,896 28,896
NCINO, INC. CMN 11,367 11,367
NEXTERA ENERGY, INC. CMN 24,539 24,539
NIKE CLASS B 43,102 43,102
NOBLE CORPORATION PLC CMN 18,397 18,397
NORTHROP GRUMMAN CORP CMN 13,576 13,576
NVIDIA CORP CMN 112,910 112,910
ON SEMICONDUCTOR CORP CMN 25,059 25,059
OWENS CORNING CMN 24,458 24,458
PARKER-HANNIFIN 75,555 75,555
PAYCOR HCM, INC. CMN 13,688 13,688
PAYPAL 20,142 20,142
PEPSICO 80,504 80,504
PFIZER 39,068 39,068
PHILLIPS 66 CMN 19,572 19,572
PROCTER & GAMBLE 14,507 14,507
PROLOGIS 27,860 27,860
PRUDENTIAL FINANCIAL 10,890 10,890
PUBLIC STORAGE 25,315 25,315
QUANTA SERVICES INC CMN 35,391 35,391
RAYTHEON CO CMN 29,112 29,112
SBA COMMUNICATIONS 30,950 30,950
SCHLUMBERGER 32,473 32,473
SERVICENOW 76,301 76,301
SIGNET JEWELERS LIMITED CMN 14,802 14,802
SOUTHWEST AIRLINES 10,888 10,888
SPDR S&P 500 ETF 2,692,631 2,692,631
SPROUT SOCIAL, INC. CMN 12,411 12,411
SS&C TECHNOLOGIES HOLDINGS, IN CMN 37,399 37,399
STATE STREET CORPORATION (NEW) CMN 8,676 8,676
STRYKER 29,946 29,946
TARGET CORPORATION CMN 55,829 55,829
TECHNIPFMC PLC CMN 13,252 13,252
TERRENO REALTY 11,845 11,845
TEXAS INSTRUMENTS INC. CMN 49,263 49,263
TEXTRON INC.DEL. CMN 23,161 23,161
THE HOME DEPOT 36,388 36,388
THE TRAVELERS COMPANIES 20,001 20,001
THERMO FISHER SCIENTIFIC INC CMN 88,642 88,642
TRUIST FINANCIAL CORPORATION CMN 26,435 26,435
TYSON FOODS INC CL-A CMN CLASS A 12,846 12,846
UNION PACIFIC CORP. CMN 42,001 42,001
UNITEDHEALTH GROUP INCORPORATE CMN 107,400 107,400
VERACYTE, INC. CMN 11,197 11,197
VERISK ANALYTICS 48,011 48,011
VERIZON COMMUNICATIONS 20,094 20,094
VISA 114,294 114,294
VISTEON CORPORATION CMN 9,742 9,742
WALT DISNEY 28,441 28,441
WASTE MANAGEMENT INC CMN 29,731 29,731
WELLS FARGO & CO 72,452 72,452
WEST PHARMACEUTICAL SERVICES INC 44,367 44,367
XCEL ENERGY INC CMN 14,363 14,363
AGILENT TECHNOLOGIES 19,742 19,742
ANALOG DEVICES 42,889 42,889
ARTHUR J. GALLAGHER & CO. 25,187 25,187
BLACKSTONE GROUP 52,499 52,499
CADENCE DESIGN SYSTEMS, INC. 49,299 49,299
DYNATRACE HOLDING LLC 43,533 43,533
EDWARDS LIFESCIENCES CORP 49,105 49,105
FORTIVE CORP 48,007 48,007
GARTNER, INC 46,915 46,915
IDEXX LABORATORIES 51,065 51,065
INTUIT, INC 93,755 93,755
MONOLITHIC POWER SYSTEMS, INC 57,401 57,401
MSCI INC. 52,605 52,605
UBER TECHNOLOGIES, INC. 53,258 53,258
VERALTO CORP 24,925 24,925
FERGUSON PLC 29,540 29,540
EXTRA SPACE STORAGE INC. 29,180 29,180
REGAL REXNORD CORP 31,380 31,380
LEAR CORP 27,112 27,112
LABORATORY CORP OF AMER 33,866 33,866
DIAMONDBACK ENERGY INC. 25,588 25,588
S&P GLOBAL INC 32,158 32,158
ORACLE 25,725 25,725
DUPONT DE NEMOURS INC 22,079 22,079
AMEGEN INC 20,161 20,161
AVANTOR FUNDING INC. 14,976 14,976
TOWER SEMICONDUCTOR LTD 9,125 9,125
CORCEPT THERAPEUTICS 6,009 6,009
CRANE CO. 12,759 12,759
ECOVYST INC 6,077 6,077
ESAB CORP 11,694 11,694
FIGS, INC. 4,504 4,504
FRESHPET INC. 17,526 17,526
HAYWARD HOLDINGS, INC. 5,086 5,086
KURA SUSHI USA 7,068 7,068
MARAVAI LIFESCIENCES HOLDINGS 4,533 4,533
NAPCO SECURITY TECHNOLOGIES 13,700 13,700
NEOGEN CORP 16,752 16,752
PROGYNY INC. 11,228 11,228
RXSIGHT, INC. 5,242 5,242
VIAVI SOLUTIONS 7,391 7,391
WINTRUST FINANCIAL GROUP 17,530 17,530
LOUISIANNA PACIFIC CORP 14,945 14,945
OUTFRONT MEDIA 11,252 11,252
STEWART INFORMATION SYSTEMS 12,279 12,279
AMPHASTAR PHARMACEUTICALS 13,421 13,421
API GROUP 14,809 14,809
ARCBEST CORP 9,737 9,737
ARLO TECHNOLOGIES 3,389 3,389
AVIDXCHANGE HOLDINGS, INC. 5,117 5,117
BLACKLINE, INC 14,549 14,549
BRP GROUP, INC. 5,356 5,356

TY 2023 InvestmentsGovtObligationsSch
Name:
SCHUMANN FUND FOR NEW JERSEY INC
EIN:
52-1556076
US Government Securities - End of Year Book Value:

1,581,119
US Government Securities - End of Year Fair Market Value:

1,581,119
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 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 1,453,314 1,453,314
ARTISAN DYN EQ - MAIN FMV 3,841,510 3,841,510
BROAD STREET REAL ESTATE CREDIT PARTNERS II FMV 32,075 32,075
BROAD STREET REAL ESTATE CREDIT PARTNERS III FMV 354,572 354,572
GS HIGH YIELD FUND FMV 613,611 613,611
GS VINTAGE VI LP FMV 99,857 99,857
KKR PRINCIPAL OPP FMV 530,750 530,750
PRIVATE EQUITY MANAGERS (2018) FMV 1,296,524 1,296,524
PRIVATE EQUITY MANAGERS (2019) FMV 1,224,160 1,224,160
PRIVATE EQUITY MANAGERS (2020) OFFSHORE LP FMV 763,898 763,898
PRIVATE EQUITY MANAGERS (2021) OFFSHORE LP FMV 580,228 580,228
TCV XI ACCESS FMV 342,223 342,223
TPG TECH ADJACENCIES II ACCESS OFFSHORE LP FMV 355,405 355,405
US REAL PROPERTY INCOME FUND FMV 154,867 154,867
VINTAGE IX B OFFSHORE SCSP FMV 187,986 187,986
VINTAGE VII - MAIN FMV 478,253 478,253
VINTAGE VIII - MAIN FMV 1,364,072 1,364,072
WEST ST GLBL GROW FMV 315,767 315,767
WEST ST VII - MAIN FMV 1,176,132 1,176,132
WEST ST VIII - MAIN FMV 875,826 875,826
WEST STREET STRATEGIC SOLUTIONS OFFSHORE FEEDER FUND I, LLC FMV 752,504 752,504
E&F PEM (2023) FMV 1,040 1,040
GS REIT FMV 475,228 475,228
BLACK EQUITY OPPORTUNITIES FMV 19,231 19,231

TY 2023 LegalFeesSchedule
Name:
SCHUMANN FUND FOR NEW JERSEY INC
EIN:
52-1556076
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 6,946 0   3,726


TY 2023 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 22,711 39,199 39,199
RIGHT OF USE ASSET 40,949 13,713 13,713


TY 2023 OtherDecreasesSchedule
Name:
SCHUMANN FUND FOR NEW JERSEY INC
EIN:
52-1556076
Description Amount
PROVISION FOR DEFERRED EXCISE TAX EXPENSE 39,111


TY 2023 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 4,102 0   2,625
TELEPHONE 5,863 0   5,406
DUES/MEMBER FEES 9,277 0   14,037
EQUIPMENT 3,874 0   3,874
OFFICE SUPPLIES 5,028 0   4,644
POSTAGE AND SHIPPING 501 0   399
MISCELLANEOUS 8,011 0   8,011
OTHER PARTNERSHIP EXPENSES 0 26,261   0


TY 2023 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 0 -20,473 0
MISC INCOME 628 628 628
OTHER PARTNERSHIP INCOME FROM K-1'S -20,419   -20,419


TY 2023 OtherIncreasesSchedule
Name:
SCHUMANN FUND FOR NEW JERSEY INC
EIN:
52-1556076
Description Amount
UNREALIZED GAIN ON INVESTMENTS 2,079,560


TY 2023 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 80,396 104,507
LEASE LIABILITY 41,554 14,052


TY 2023 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 267,128 274,325   0
CONSULTANTS 18,553 0   18,765


TY 2023 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 7,372 7,372   0
FEDERAL EXCISE TAX 10,297 0   0