History of Giving

Best Buy’s founder, Richard Schulze, and his late wife Sandra Schulze, established a fund with the intention that it be used to support employees of Best Buy who were experiencing the aftermath of disasters in their lives. The fund has helped hundreds of families through the generosity of the Schulze Family.

In 2004, the Richard M. Schulze Family Foundation (RMSFF) was created as a way to give back to the community where Mr. Schulze and his family grew up and where he built Best Buy to become the world’s largest consumer electronics retailer. Now, Mr. Schulze and his family foundation are able to continue to provide assistance to Best Buy families in times of need.

RMSFF funds and administers the Best Buy Disaster Relief Fund, which is available to those being impacted by the ongoing effects of a national emergency or a federally declared natural disaster.  RMSFF is currently accepting applications for: