Schumann Fund for New Jersey

In 1988, Florence Schumann and her children created the Schumann Fund for New Jersey to continue the lifetime of philanthropy of Mrs. Schumann and her husband, John. **Early Years** Schumann Fund for New Jersey traces its roots to the Florence and John Schumann Foundation. Florence Ford and John Schumann settled in Montclair soon after they married in 1917. During their 47-year marriage, they amassed a considerable fortune. Their wealth was a combination of Florence’s inheritance from her father, one of the founders of the IBM Corporation, with John’s business success which culminated with his role as president of the General Motors Acceptance Corporation. Committed to sharing their good fortune with the community, the Schumanns gave their time and money to local charities. **In 1961, they established a private foundation – The Florence and John Schumann Foundation – and formalized their philanthropy. Their aim was to ensure that their charitable works would continue in the future.** The Foundation’s first grants were given to Mountainside Hospital and much of the organization’s early work focused on health and education in the Montclair area. In 1964, a few years following John Schumann’s death, the Schumann children invited trusted friends to serve as Trustees and a professional management team to lead the Foundation. To the giving areas of health and education, the Trustees added a third area of funding – community development – to support organizations in New Jersey’s cities working to reverse the social consequences of racism and poverty. Most of these grants were awarded to organizations within Essex County and continued the commitment to the broader community in which the Schumanns lived. **Fast Forward** During the 1980s, the Foundation widened its funding scope to include international relations and public policy, while maintaining a significant focus on the social service and community development needs in Essex County. These disparate missions required separate selection and evaluation processes. As a result, the foundation eventually split into two independent entities: the Schumann Center for Media and Democracy, which focused on national giving, and the **newly created Schumann Fund for New Jersey, which since 1988 has focused on philanthropic giving in Essex County and New Jersey.** **Our Vision** Children, youth, and families in Essex County and the State of New Jersey have **equitable access to high quality education, affordable housing, economic opportunity, and healthy communities** so they can reach their full potential. **Our Mission** **Schumann Fund for New Jersey advances ideas and opportunities to empower low-income children, families, and communities of color to thrive.** We invest in non-profit organizations rooted in Essex County and statewide that work to advance racial and economic equity. **Our Core Values** **Respect** **Respect for community and community voice.** A belief that individuals and communities are to be valued, listened to, and supported. **Authenticity** **Authentic relationship with community** that embodies the belief in the resiliency of communities and support for residents’ ownership of activities that affect their lives. **Empowerment** **Community empowerment and collaboration** reflect efforts to develop relationships and social capital that are responsive to and reflective of their own and the larger community’s needs. **Equity** A focus on **racial and economic equity** that are hallmarks of Schumann Fund philanthropy. **Leadership** **Demonstrated leadership** with a willingness to tackle problems head-on with vision and determination. **Resilience** Support for a **resilient and well-resourced non-profit sector**. Non-profit organizations need flexibility and consistent support to foster leadership and staff talent, strategically plan, and achieve transformative impact. **Legacy** Honor for the legacy of Schumann philanthropy in the context of our **direct service grantmaking in Essex County** and identified priorities.