100 Women Who Care Albany Recipients Now Considered for Matching Funds from the Richard Schulze Family Foundation

Richard Schulze, Best Buy’s founder, has identified the 100 Women Who Care structure as a meaningful way to partner with local philanthropists and give back to the many communities that have helped make Best Buy the world’s leading electronics retailer. 

For the last four years, the Minnesota based Richard M. Schulze Family Foundation (RMSFF) has participated in a phased national rollout to provide matching grants of 50% of total dollars raised per meeting (up to a $5,000 match) for invited giving circles within 20 miles of a Best Buy retail store. The matching funds, that align with their mission and funding guidelines, go to the nonprofit organization chosen by the 100 Women Who Care chapter.

Now in the fifth (and final) year of their phased roll out plan, RMSFF have added 98 chapters to the list of invited giving circles to reach all 50 states. 100 Women Who Care Albany is proud to be one of those chapters!

The Richard M. Schulze Family Foundation (RMSFF) will consider providing up to a 50% match (up to $5,000) to invited Women Who Care chapters whose chosen charities also meet certain criteria:

  • Recognized as a tax-exempt 501(c)(3) organization under the Internal Revenue Code for at least 12 months as of the date of a request for a matching grant.
  • Working within the geographic area of the chapter making the request. National charities will only be considered if 100% of the donation will be used in the geographic area of the chapter making the request.
  • The organization and the program considered for a matching grant must align with RMSFF’s mission and funding guidelines. RMSFF reserves the right to withhold matching funds to organizations which, in its sole discretion, do not align with its grantmaking priorities.

Community Caregivers was our February 2022 recipient and they applied to RMSFF for the additional grant. We are so pleased and excited the grant has come through. In addition to our $21,000 collective giving, they received an additional $5,000 in funding from RMSFF. We are excited that all future 100 Women Who Care Albany chapter receipient non-profits will be able to apply for a grant – extending our funding even further to help the Capital District.

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