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
The Arthur B Schultz Foundation
 
% Rachael K Richards
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 1570
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Lander, WY82520
A Employer identification number

95-3980014
B Telephone number (see instructions)

(307) 714-5665
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$6,745,050J Accounting method:
Modified Cash
(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 24,947 24,947  
4 Dividends and interest from securities... 73,922 73,922  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 169,732
b Gross sales price for all assets on line 6a 1,226,560
7 Capital gain net income (from Part IV, line 2)... 169,732
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
53,354 53,354  
12 Total. Add lines 1 through 11........ 321,955 321,955  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 162,200 31,540   126,160
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 29,231      
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
20,000      
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
125,265 113,089   7,676
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
16,374 98    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 9,307     9,307
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,221 1,388   4,528
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 368,598 146,115   147,671
25 Contributions, gifts, grants paid....... 387,650 387,650
26 Total expenses and disbursements. Add lines 24 and 25 756,248 146,115   535,321
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -434,293
b Net investment income (if negative, enter -0-) 175,840
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............. 1,086,682 26,145 26,145
2 Savings and temporary cash investments......... 309,018 1,096,624 1,096,624
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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 arrow13,000
Less: allowance for doubtful accounts right arrow   13,000 Click to see attachment
List of Attached Documents:
// Content
13,000 		13,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,514,374 Click to see attachment
List of Attached Documents:
// Content
1,925,601 		2,342,534
c Investments—corporate bonds (attach schedule)....... 606,050 Click to see attachment
List of Attached Documents:
// Content
606,787 		532,305
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).......... 1,759,086 Click to see attachment
List of Attached Documents:
// Content
1,917,910 		1,917,910
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
573,400 		Click to see attachment
List of Attached Documents:
// Content
816,532 		Click to see attachment
List of Attached Documents:
// Content
816,532
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,861,610 6,402,599 6,745,050
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................   5,000
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
36,831 		Click to see attachment
List of Attached Documents:
// Content
7,113
23 Total liabilities (add lines 17 through 22)......... 36,831 12,113
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........... 6,824,779 6,390,486
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)..... 6,824,779 6,390,486
30 Total liabilities and net assets/fund balances (see instructions). 6,861,610 6,402,599
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
6,824,779
2
Enter amount from Part I, line 27a .....................
2
-434,293
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
6,390,486
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,390,486
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 Schwab ST P 2023-01-01 2023-12-31
b Schwab LT P 2020-01-01 2023-12-31
c Losses From Partnership P 2021-01-01 2023-12-31
d
e
(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 113,475   116,102 -2,627
b 1,113,085   921,734 191,351
c     18,992 -18,992
d
e
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       -2,627
b       191,351
c       -18,992
d
e
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 2 169,732
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 -2,627
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 2,444
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  
3 Add lines 1 and 2........................... 3 2,444
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,444
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 3,232
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 5232 7 5,232
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 2,788
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow2,788 Refundedright arrow 11  
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
 
 
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 arrowWY
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 arrowwww.absfoundation.org
14
The books are in care ofright arrowRachael Knapp Richards Telephone no.right arrow (307) 714-5665

Located atright arrow10 Lewis DriveLanderWY ZIP+4right arrow82520
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? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowRW
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)
 
No
(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
Yes
 
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
 
No
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)
Yes
 
(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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
 
No
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
Rachael Richards Executive Director and Secretary
030.00 		157,700 20,280 8,951
PO Box 1570
Lander,WY82520
Erik Schultz Chairperson and Director
001.00 		0    
PO Box 1570
Lander,WY82520
Tale Finnanger Vice President Treasurer Director
001.00 		1,500    
PO Box 1570
Lander,WY82520
Shanu Bashuna Director
001.00 		3,000    
PO Box 1570
Lander,WY82520
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...................right arrow  
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
3rd Creek Investments Inc Investment Advisory Fiancial Management 60,000
PO Box 5406
Incline Village,NV89450
Total number of others receiving over $50,000 for professional services.............right arrow  
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 NA 0
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 Loan to Friendship Bridge to facilitate financial inclusion among low income women in rural Guatemala. 200,000
2 Loan to Seed Commons to support accessible financing for worker-owners and cooperatives. 50,000
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
81,000
Total. Add lines 1 through 3.........................right arrow331,000
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
2,996,928
b
Average of monthly cash balances.......................
1b
978,669
c
Fair market value of all other assets (see instructions)................
1c
2,056,479
d
Total (add lines 1a, b, and c).........................
1d
6,032,076
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
6,032,076
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
90,481
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
5,941,595
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
297,080
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
297,080
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
2,444
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,444
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
294,636
4
Recoveries of amounts treated as qualifying distributions................
4
87,868
5
Add lines 3 and 4............................
5
382,504
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
382,504
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 Click to see attachment
List of Attached Documents:
// Content
..........
1a
535,321
b
Program-related investments—total from Part VIII-B..................
1b
331,000
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
866,321
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 7 382,504
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 66,993
b From 2019...... 501,954
c From 2020...... 181,766
d From 2021...... 465,664
e From 2022...... 347,221
f Total of lines 3a through e ........ 1,563,598
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 866,321
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 382,504
e Remaining amount distributed out of corpus 483,817
5 Excess distributions carryover applied to 2023.    
(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 2,047,415
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		66,993
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,980,422
10 Analysis of line 9:
a Excess from 2019.... 501,954
b Excess from 2020.... 181,766
c Excess from 2021.... 465,664
d Excess from 2022.... 347,221
e Excess from 2023.... 483,817
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).)
None
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.
None
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:
Rachael Knapp Richards
PO Box 1570
Lander,WY82520
(208) 340-3397
bThe form in which applications should be submitted and information and materials they should include:
Letter of Intent first guidelines at www.absfoundation.org
cAny submission deadlines:
see Website www.absfoundation.org
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
See Website www.absfoundation.org
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

Abaana Community Outreach Africa

PO Box 10184
Kampala    
UG 		  NC Adolescent girls empowerment w/ school scholarships and economic activity 10,000

AkiraChix

PO Box 22009-00100
Nairobi    
KE 		  NC 9 month Tech Leadership program for adolescent girls 12,500

Amplify Girls Inc

228 Park Ave S Suite 34731
New York,NY10003 		  PC multiple agency building programs including education support, leadership, mentorship, IT skills for young women in Rwanda 12,500

Ascated

72 Calle Zona 9 Condo Plaza del Sol
Guatemala City    
GT 		  NC Inclusive education teacher training, PT-OT classroom preparedness 11,500

Autonomia Libertad en Movimiento

12 de Octubre 406
Vicente Estrada Cajigal    
MX 		  NC Support jazz my wheel program - pwds repairing wheelchairs for pwds 8,000

Bulogo Women's Group

PO Box 26880
Kampala    
UG 		  NC Entrepreneurship training for 25 women in Eastern Uganda using SBS 12,500

CBIDO

PO Box 389
Karagwe    
TZ 		  NC Multiple disability inclusion and mobility support initiatives 11,000

Creative Action Institute

240 County Road
Ipswich,MA01938 		  PC Leadership and mentorship training for young women in East Africa 16,300

Empowered Girls

PO Box 136
Arusha    
TZ 		  NC Leadership and Mentorship training for marginalized adolescent girls 9,000

Friends of Transitions Guatemala

7 Overhill Road
Mill Valley,CA94941 		  PC Wheelchair manufacturing and provision and follow up support for children and adults w disabilities in Guatemala 12,500

Gillette Soccer Club

PO Box 3482
Gillette,WY82717 		  PC support the growth and development of competitive soccer players to participate in the highest level of soccer competition, consistent with the governing bodies of FIFA, USSF, USYSA, and WSA 1,000

Girl Up Initiative

1114 State Street Suite 200
Santa Barbara,CA93101 		  PC Womens vocational, life skills, and leadership training for at risk young women in Kampala slums 12,500

Girls to Lead Africa

Plot 16 Baragaine St
Kihiihi    
UG 		  NC Leadership training for adolescent girls to run for school council 12,000

Gulu Persons Disabled Network

PO Box 549
Gulu    
UG 		  NC Wheelchair provision for 30 PWDs 12,500

Jifindishe

PO Box 795
Usa River    
TZ 		  NC Alternative secondary school program for previously ineligible students 12,500

Katalemwa Cheshire House

PO Box 16548
Kampala    
UG 		  NC Disability center providing mobility, nutrition, physiotherapy, parent training 10,000

Kyaninga Development Center

Plot 7 Bankside
Fort Portal    
UG 		  NC Girls empowerment program providing leadership training to adolescent girls 2,500

Lander Nordic Ski Association

PO Box 1073
Lander,WY82520 		  PC Supporting trail building and other nordic ski initiatives for local ski community in Lander WY 1,000

Northern Kenya Fund

370 Sawmill Road
Bozeman,MT59715 		  PC Education and leadership, mentorship at the high school and university level for adolescent girls in Northern Kenya 33,000

Nurturing Minds

PO Box 600617
Newtonville,MA02460 		  PC Supporting girls with disabilities to attend SEGA, a high quality secondary boarding school for girls in Morogoro, TZ 10,900

Omawa

PO Box 2039
Moshi    
TZ 		  NC Grandmothers empowerment program providing training and resources for piggery project, agriculture, mushrooms, sewing 10,000

Panda Initiative

PO Box 4513
Dar es Salaam    
TZ 		  NC To support project Empower Her, a sewing, tailorint, design school for out of school young women in Dar Kivule District 6,000

Possibility Labs

1410 Franklin St 135
San Francisco,CA94109 		  PC Support the development of the Just Economy Institute Alumni Grant Pool 56,500

Street Business School

6797 Winchester Circle Suite 200
Boulder,CO80301 		  PC Entrepreneurship training for marginalized women in East Africa 12,500

The Action Foundation

PO Box 59541-00200
Nairobi    
KE 		  NC Disability center grant supporting mobility devices, PT, inclusive education, parent caregiver trainings on wheelchair maintenance, nutrition, entrepreneurship 20,000

The Girls Foundation of Tanzania

PO Box 1519
Portland,ME04104 		  PC High quality education, leadership, mentorship, sexual and reproductive health training for adolescent girls 15,000

Untours Foundation

PO Box 405
Media,PA19063 		  PC Support the development of a mission-aligned investment film 6,000

Victoria's Giving Foundation

PO Box 15192
Arusha    
TZ 		  NC Girls Empowerment program providing leadership skills to adolescent girls 7,750

With Women Kisoboka

PO Box 15192
Arusha    
TZ 		  NC Small enterprise development and training for marginalized women in the Entebe region using SBS model 8,000

Young Strong Mothers Foundation

PO Box 2416 Tushikamane Center
Morogoro    
TZ 		  NC Tenn mothers empowerment program covering leadership, mentorship, education, and vocational training 17,200

Northern Kenya Fund

370 Sawmill Road
Bozeman,MT59715 		  PC Education and leadership, mentorship at the high school and university level for adolescent girls in Northern Kenya 5,000
Total .................................right arrow 3a 387,650
bApproved for future payment
Total ................................. right arrow 3b  
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
aInterest from Program Related Investments       24,428  
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 24,947  
4 Dividends and interest from securities ....     14 73,922  
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 .....     14 28,926  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 169,732  
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) ..   321,955  
13Total. Add line 12, columns (b), (d), and (e)..................
13
321,955
(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.)
1a Program related investments complement grant making strategies in furtherance of foundations charitable mission
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
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID: 23017659
Software Version: 23.1.0.0
Part VI Line 7 - Tax Paid with the Original Return: 5,232


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
The Arthur B Schultz Foundation
 
Employer identification number

95-3980014
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
The Arthur B Schultz Foundation
  		Employer identification number
95-3980014
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
The Arthur B Schultz Foundation
  		Employer identification number

95-3980014
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
The Arthur B Schultz Foundation
  		Employer identification number

95-3980014
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID: 23017659
Software Version: 23.1.0.0

TY 2023 AccountingFeesSchedule
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
3rd Creek 20,000      

TY 2023 AllOthProgRltdInvestmentsSch
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Category Amount
WARC ST Loan Support smallholder farmers in Ghana with high quality inputs, financing, and market opportunity 25,000
Imara Tech Revenue Share Support company to make agriprocessing more efficient and accessible to smallholder farmers in Tanzania 30,000
Grupo Murlota Support Mexican poultry company to expand smallholder women chicken farmers in its network 20,000
Green Eco Solutions Support green charcoal briquette maker with working capital for expansion 6,000

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
620 West Table Rock Rd, Alta, WY 2008-11-30 936,000 212,550 Straight Line 0000000040.000000000000        
New Hardwood Floors 2015-05-20 5,975 2,589 Straight Line 0000000005.000000000000        

TY 2023 GeneralExplanationAttachment
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Identifier Return Reference Explanation
  Expenditure Responsibility Statement Part VII-B Line 5C PRI Water Access Rwanda, PRI Purpose Finance Expenditure Responsibility Statement Part VIIB Line 5C PRI Water Access Rwanda PRI Purpose Finance minigrid upgrade in Rwandan community to increase access to affordable and safe water. Date of PRI 12/1/20 PRI Amount 22900 Dates of Reports Pregrant inquiry 2020 Annual Report 2021 PRI applied appropriately and no funds diverted. Annual Report/Site Visit 2023 PRI Appalachian Community Capital PRI Purpose CDFI to facilitate financial inclusion in Appalachia through CDFI network Date of PRI 8/3/22 PRI Amount 100000 Quarterly Reports 2022 2023 Pregrant inquiry 2021 No diverted funds PRI Beneficial Returns Loan Participation Whole Forest PRI Purpose Support sustainable forestry company with expansion into hardwood business line. Date of PRI6/23/20 PRI Amount 25000 Dates of Reports Pregrant inquiry 2020 Annual Report 2021 2023 2024 PRI applied appropriately and no funds diverted. Expenditure Responsibility Statement Part VIIB Line 5C PRI WARC Group LLC 5 yr bond PRI Purpose Alleviate poverty by increasing smallholder agricultural yields especially for women in Ghana. PRI Amount 50000 Date of PRI 3/1/21 Dates of Reports Pregrant inquiry 2019 2020 2021 Annual report Phone call 2022) 2023 2024 PRI applied appropriately and no funds diverted. PRI TEMA Nicaragua PRI Purposesupport the production of wheelchairs for those in need in local region. Amount 15000 Date of PRI 6/4/20 Pregrant inquiry 2020 Funds returned with no diversions 2023. Final report 11/2023 via call PRI Cru Chocolate Purpose to help entrepreneur expand production capacity thereby supporting smallholder farmers PRI Amount 35000 Date of PRI Pregrant inquiry 2022 Annual report pending. Expenditure Responsibility Statement Part VIIB Line 5C PRI Komera Purpose to support construction of girls leadership center in Rwanda Pregrant inq 2021 Date of PRI 6/2021 PRI Amount 175000 Dates of reports 2023 0 No funds diverted. PRI Honest Living LLC to support pilot low income container house as part of unique economic ecosystem in Dennison TX Pregrant inq 2021 Date of PRI 12/15/22 PRI Amount 125000 Annual Report 2023 pending Expenditure Responsibility Statement Part VIIB Line 5C PRIs from prior years Global Parnterships SIF 6.0 PRI Amount 250000 Date of PRI 4/11/2019 Dates of Reports Pregrant Inquiry 2019 Annual Report 2019 2020 2021 2022 2023No diverted funds. Beneficial Returns 46665 Date of PRI 4/30/2019 Pregrant inquiry 2019 Annual Report 2021 2023 2024 no diverted funds. Line VIB 3) Taxpayer and related party were passive limited partners not subject to excess business holdings Expenditure Responsibility Statement Part VIIB Line 5C PRI Something Better Foods Loan Participation Purpose to support blackowned vegan food business with equipment financing Pregrant inq 2021 PRI Date10/5/21 PRI amount 25000 Additional ER statements available upon request. ATX software precludes attachment Expenditure Responsibility Statement Part VIIB Line 5C Grantee ACOAfrica Address PO Box 10184 Kampala Uganda Grant Amount 10K Purpose to improve quality of life of dis advantaged girls in Kityana RakaiKyotera area by 2024 thru quality edu income activities for caregivers. Pregrant inquiry 2022 prior years of grant partnership Date of Grant 2/2023 Final Report 2024 No diversions Grantee Empowered Girls Purpose support 100 indigenous Tanzanian women mentors and mentees pregrant inquiry 2022/2023 Grant 9000 Grant date 3/23 Final Report 1/2024. No diversions. Grantee Bulogo Womens GroupGrant Purpose Equip girls and women in Kamuli district with education tools and skills training to to become agents of change within their communities. Specific project will target 200 women Grant Amount 12500 Date of Grant 3/2023 pregrant inquiry 2020 21 2223 Final report 2023. No diversions Grantee Girls to Lead AfricaGrant Purpose Enhancing womens participation in leadership through nurturing and mentoring girl leaders in schools.Grant Amount 12000 Date of Grant 5/23 pregrant inquiry 20202122 23 Final report 3/2024. Expenditure Responsibility Statement Part VIIB Line 5C Grantee Gulu Persons Disabled Union Grant Purpose Providing wheelchairs health services and econ empowerment activities to PWDs in north Uganda. Grant Amount 12500 Date of Grant 2/2023 Pregrant inquiry 20202021202223 Final Report 1/2024 No funds diverted Grantee Jifundishe Address PO Box 795 Usa River Tanzania Grant purpose Support young women through independent study program incorporating Tanz curriculum with leadership programming Grant Amount 12500 Date of Grant 3/2023 Final report 1/2024 No funds diverted Pregrant inquiry 2020 21 2223 Grantee Katalemwa Cheshire HomeGrant Purpose Fund 20 mobility appliances for YWD in Uganda Grant Amount 10000 Date of Grant 4/2023 Pregrant inquiry 202020212223 Final report 1/2024 No diversions Grantee Victorias Giving Foundation Amount 7750 Purpose girls mentoring and leadership programs pregrant inq 2021 2022 Expenditure Responsibility Statement Part VIIB Line 5C Final Report 10/2023 No diversions. Grantee The Action Foundation Kenya Grant Purpose support children w/ disabilities and caregivers in Kibera re mobility device procurement physiotherapy education and econ empowerment. Grant Amount 20000 Date of Grant 5/2023 Pregrant inquiry 2020212223 Final Report 12/23 no diversions Panda Initiative Tanzania support sewing tailoring design school for unschooled young women in Dar Pregrant Inquiry 2023 Date of grant 6/2023 Final report 6/2024 Grant amount 6000 no diversions Expenditure Responsibility Statement Part VIIB Line 5C Grantee CBIDO Amt 11000 Date 17/23 Pregrant inquiry202223 Final report 5/2024 purpose mobility devices in west Tanzania No diversions Young Strong Mothers Foundation Grant Purpose Fund sewing machines marketing design mental health and counseling training for 20 teenage mothers. Grant Amount17200 Pregrant 2019212223 Final Report 1/24 No funds diverted. Date of grant 2/23 Omawa Grant Purpose Edu skilling for HIV orphans and vulnerable children/youth Amount 10000 Pregrant inquiry 2019212223 Date of Grant 5/23 Final Report 2/2024 No diversions Expenditure Responsibility Statement Part VIIB Line 5C ASCATED Purpose Support right to edu for CWD in Guatemala Grant amt Pregrant inquiry 2020 21 2223 Date of grant 4/23 Final report 10/23 No diversions. 11500 Akirachix Purpose impoverished women coding edu support Pregrant inq 20212223 Final Report 12/23 Date of Grant 7/23 No diversions 12500 All additional 2022 ER reports on file and available upon request.

TY 2023 InvestmentsCorpBondsSchedule
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Name of Bond End of Year Book Value End of Year Fair Market Value
Publicly traded bonds 606,787 532,305

TY 2023 InvestmentsCorpStockSchedule
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Name of Stock End of Year Book Value End of Year Fair Market Value
Publicly traded stock 1,925,601 2,342,534

TY 2023 InvestmentsOtherSchedule2
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Loan to Halogen Systems, Inc. AT COST 100,000 100,000
CNote Investment AT COST 100,000 100,000
Clearas AT COST 100,000 100,000
Global Partnerships AT COST 250,000 250,000
SustainVC AT COST 187,134 187,134
Capria AT COST 207,700 207,700
Sarona AT COST 269,235 269,235
Astia AT COST 48,100 48,100
RSF Social Finance AT COST 200,505 200,505
CECU Loan Participation AT COST 45,338 45,338
Enduring Climate Fund I AT COST 250,000 250,000
Beyond Capital Venture Fund AT COST 141,329 141,329
De-Carceration Fund AT COST 18,569 18,569

TY 2023 LegalFeesSchedule
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes


TY 2023 OtherAssetsSchedule
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Beneficial Returns 29,421 22,284 22,284
WARC 5 Year Bond PRI 50,000 41,667 41,667
Water Access Rwanda 19,099 15,196 15,196
TEMA Nicaragua 11,037 1,050 1,050
Imara Tech 5yr term loan 17,592 14,091 14,091
Loan Participation Whole Forest 10,672 10,183 10,183
Komera 153,786 110,800 110,800
Honest Living LLC 125,000 125,000 125,000
Something Better Foods 21,793 16,646 16,646
Cru Chocolate 35,000 35,000 35,000
Appalachian Community Capital 100,000 100,000 100,000
Friendship Bridge   200,000 200,000
WARC ST Loan   25,000 25,000
Imara Tech Rev Based   27,068 27,068
Green Eco Solutions   6,000 6,000
Grupo Murlota   16,547 16,547
Seed Commons   50,000 50,000


TY 2023 OtherExpensesSchedule
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Bank Fees 305      
Computer and Internet 2,174 435   1,739
Conference Expense 762 152   610
Office Expense 807 161   646
Telephone, Fax, Email 194 39   155
Postage and Delivery 152 30   122
Dues and Subscriptions 434 87   347
Website 1,136 227   909
ADR Fees 241 241    
Investment Expense 16 16    


TY 2023 OtherIncomeSchedule2
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Beneficial Returns PRI Income 553 553  
CNote flagship interest income 2,319 2,319  
Global Partnerships Interest Income 6,875 6,875  
Kachuwa Impact Fund 5,736 5,736  
Imara Tech 2,230 2,230  
Beneficial Returns Whole Forest Participation 437 437  
WARC Africa 3,500 3,500  
Clearas 1,888 1,888  
Divine Chocolate 438 438  
Something Better Foods 978 978  
Komera 2,507 2,507  
Tema 303 303  
RSF Social Note 1,507 1,507  
Cnote Promise 173 173  
Water Access Rwanda 1,397 1,397  
Hones Living 2,000 2,000  
Grupo Murlota 1,044 1,044  
ACC 2,167 2,167  
CECU Loan Participant 2,415 2,415  
Enduring Planet 5,121 5,121  
CNote Impact Cash 5,141 5,141  
Prior year missed 4,625 4,625  


TY 2023 OtherLiabilitiesSchedule
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Description Beginning of Year - Book Value End of Year - Book Value
Payroll Liabilities -185  
Capital One Visa 7,016 7,113
Payables 30,000  


TY 2023 OtherNotesLoansRcvblShortSch2
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Name of 501(c)(3) Organization Balance Due
Clearas
  		13,000


TY 2023 OtherProfessionalFeesSchedule
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Nia Advisory Fees 5,429 5,429    
3rd Creek Investments, Inc Advisory Fees 40,000 40,000    
Partnership Invesment Expenses 66,562 66,562    
Green Alpha Advisory Fees 1,098 1,098    
Impact Metrics Consultant 7,676     7,676
Board Fees 4,500      


TY 2023 OtherReceivablesOfficersSch
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Travel Advance to Officers:  



TY 2023 SalesOfInventoryList 
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0

Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
Cost of Goods Sold)

TY 2023 SubstantialContributorsSch
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Name Address
Arthur B Schultz 501 Lakeshore Blvd Unit 50
Incline Village,NV89452


TY 2023 TaxesSchedule
Name:
The Arthur B Schultz Foundation
EIN:
95-3980014
Software ID:
23017659
Software Version:
23.1.0.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Income tax Estimated payment 4,000      
Foreign Tax 98 98    
License and Permits 27      
Payroll Tax 12,249