the richard m. schulze family foundation (RMSFF)
An entrepreneur
looking for
innovation in his philanthropy

Near $65 million awarded to date
in 2023 to 392 nonprofit organizations and 164 early-learning families. College scholarships and Power of 100 Charities awards for 2023 are in progress.
Richard M. Schulze Family Foundation gives record $25 million gift to Allina’s Abbott Northwestern Hospital
A project that demolishes a parking garage is underway to make room for the 10-story expansion of Abbott Northwestern Hospital and for the surgery and critical care services that RMSFF’s gift, the largest in Alllina’s history, supports.


A pivot away from medical research
The foundation may end up supporting more hospitals in similar ways to other hospitals in Minnesota and Florida, where Dick Schulze and many of the Schulze Family members live. “He wants to see the positive results from what he gives away in the here and now,” said Mark Dienhart, President & CEO of Schulze’s Foundation. “I wouldn’t be surprised to see these kinds of things continue.”
“Normally we’re not proponents of investing money in hospitals, but I’m a big believer in what’s going on at Abbott Northwestern.”
Richard M. Schulze Family Foundation
Historic $20 million gift to NCH Healthcare Systems
It will be the best of class right here in Naples.”
Dick Schulze
The Richard M. Schulze Family Foundation awarded its largest-ever grant in Naples, Florida to NCH Healthcare Systems.
The gift is contingent upon NCH entering into a partnership agreement with Allina Health Minneapolis Heart Institute, where Schulze has invested in Allina’s heart institute at Abbott Northwestern Hospital.
In appreciation, the cardiac care center will be named the R.M. Schulze Family Cardiovascular and Stroke Critical Care Center.
