Schuler Initiative Supporting Charitable Trust

Nonprofit profile at a glance

EIN
876587517
IRS 990-EZ coverage
2025–2025
Forms available
Form 990 2024, Form 990-EZ 2025
Location
Lake Bluff, IL, USA
Phone
3122822817
Rating
35
Verdict
REVIEW
Rating confidence
Moderate
Sector
Named Trusts N.E.C.

Reported finances

Revenue
$-772,278
Expenses
$1,275
Assets
$144,733
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

1 person listed

People named in this filing

  • TANYA SHARMAN (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The trust was formed for the charitable purpose of supporting one or more of the supported colleges, each of which is a public charity, to carry out charitable activities. The supported colleges are: (1) the president and trustees of bates college, of lewiston, Maine, (2) carleton college of northfield, Minnesota, (3) kenyon college, of gambier, Ohio, (4) tufts university, of somerville, Massachusetts, and (5) the trustees of union college of schenectady, New York. The trust's activities are to make distributions exclusively to the supported colleges, specifically to further the purposes of the schuler access initiative aimed at increasing access to college by needy individuals, to increase the number of undocumented and pell grant-eligible low-income students attending supported colleges, and to further educational goals of the supported colleges, all as determined by the trustees. The trust will dedicated 100 percent of its time and expenses to these activities.

What it reported doing in 2025

The trust's activities are to make distributions exclusively to supported colleges, specifically to further the purposes of the schuler access initiative aimed at increasing access to college by needy individuals, to increase the number of undocumented and pell grant-eligible low-income students attending supported colleges, and to further educational goals of the supported colleges, all as determined by the trustees.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 47
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -100.2%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 113.52; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: -88.6% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Operating margin scored 7/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.