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Charles and Lynn Schusterman Family Foundation

Profile

Last Updated: 2016-05-11

At A Glance

Charles and Lynn Schusterman Family Foundation

P.O. Box 51

Tulsa, OK United States 74101-0051

Telephone: (918) 879-0209

URL: www.schusterman.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $2,298,194,123

Total giving: $69,586,816

EIN

731312965

BRIDGE Number

8079996544

Additional Contact Information

Additional address: Washington, DC Office: 1250 Eye St., Ste. 700, Washington, DC 20005

Background

Established in 1987 in OK - Founded by the late Charles Schusterman and his wife Lynn Schusterman. Charles Schustermen founded and served as Chairman of Samson Investment Company, an energy exploration and production company. In 2011, KKR agreed to acquire all of Samson's assets on the Onshore Gulf Coast and deep water Gulf of Mexico. Lynn Shusterman has been active in Jewish communal affairs for over 40 years and currently holds a variety of distinguished leadership positions. Lynn Schusterman has committed to The Giving Pledge, and has pledged to give away at least half of her wealth to philanthropy.

Purpose and Activities

The foundation is dedicated to helping the Jewish people flourish by supporting programs throughout the world that spread Jewish living, giving and learning. The foundation also provides assistance to non-sectarian charitable organizations dedicated to enhancing the quality of life in Tulsa, Oklahoma, especially in the areas of education, child development, and community service.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Community

The foundation is committed to strengthening the global Jewish community, and as such is working to create and support powerful opportunities for young Jews to explore their passions through a Jewish lens and develop personally meaningfully connections to their rich Jewish heritage and homeland. The foundation is invested in four primary areas where it believes it can make a significant impact on the Jewish landscape.

Education

The foundation is working as part of the movement to create more high-quality educational opportunities for young people.

Inclusivity

The foundation is focused on supporting opportunities for lesbian, gay, bisexual, transgender and queer (LGBTQ) Jews seeking to actively lead Jewish lives and uniting leaders who are prepared to make the necessary changes for Jewish organizations and institutions to become fully inclusive. The foundation is working to: 1) Strengthen the capacity of the organized LGBTQ Jewish community; 2) Provide support, training and resources to create a Jewish community that welcomes and affirms LGBTQ Jews; 3) Ensure Jewish organizations adopt hiring policies that do not discriminate, explicitly mention sexual orientation and gender identity and provide benefits for domestic partners of staff members; and 4) Craft practices around the use of inclusive language and images.

Israel

In the U.S. and internationally, the foundation helps to build understanding of and connections to Israel in four primary ways: 1) Engagement: Ensuring access to sophisticated opportunities for a wide range of people—from young adults to global academics—to visit Israel and explore the history, land, people and culture in all of their richness and complexity; 2) Education: Broadening and deepening the quality of formal and informal Israel education at universities across the U.S. and in K-12 settings; 3) Advocacy: Supporting efforts to identify, mentor and train student leaders to support Israel and advocate for strong U.S.-Israel relations; and 4) Arts and Culture: Exposing both Jewish communities and the general public to the vibrant, creative face of modern Israel through the lens of its arts and culture. Applications not accepted.

Service

The foundation is working to expand authentic service learning experiences that make service a core Jewish value, a gateway to Jewish life and a rite of passage for all young Jews. The foundation envisions a generation of Jews who are committed to service and who build a powerful force to dramatically and positively impact communities and individuals in need around the world. To reach this goal, the foundation supports initiatives, partnerships and collaborations that: 1) Enhance and multiply opportunities for young people to serve in Jewish service programs; 2) Provide Jews serving in nonsectarian programs with Jewish framing, connections and experiences; and 3) Invest in the leadership, innovation and infrastructure needed to increase the resources, scale, quality and impact of these opportunities and programs. Applications not accepted.

Tulsa

The foundation is committed to breaking the cycle of child abuse in Tulsa and to equipping youth with the skills and knowledge they need to lead self-sufficient lives. The foundation supports organizations and projects that: 1) Develop wide-ranging solutions to break the cycle of child abuse and neglect; 2) Directly reduce the number of children affected by abuse or neglect; 3) Provide safe, supportive environments for children and families affected by abuse or neglect; and 4) Provide service opportunities and leadership development training for teens.

Fields of Interest

Subjects
  • Arts and culture
  • Child abuse
  • Child welfare
  • Education
  • Human services
  • Voluntarism
International Interests
  • Israel
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $2,298,194,123 (market value)

Gifts received: $12,543,967

Expenditures: $82,448,363

Total giving: $69,586,816

Qualifying distributions: $77,121,743