In a world where remarkable individuals strive to make a profound impact, Sheri Kersch Schultz stands out as a beacon of inspiration and change. As the co-founder and chair of the Schultz Family Foundation, she has dedicated her life to a mission of unparalleled importance: addressing the pervasive inequality of opportunity in America.
Sheri’s significance transcends mere titles or affiliations; she embodies the very essence of compassion, innovation, and dedication. Her story is one of unwavering commitment to the belief that the right opportunities, offered at the right time, can unlock the boundless potential within each person. This conviction has driven her to become a driving force in the philanthropic world.
At the heart of her impactful journey lies the Schultz Family Foundation, a testament to her vision. Together with her husband, Howard Schultz, the former CEO and chairman emeritus of Starbucks Coffee Company, Sheri co-founded this foundation in 1996. It’s not just a charitable endeavor; it’s a vehicle for change, a catalyst for reshaping the destiny of those who’ve been held back by the inequality of opportunity.
Join us as we embark on a journey to unravel the remarkable story of Sheri Kersch Schultz and explore the transformative work of the Schultz Family Foundation, dedicated to ensuring that opportunity becomes a universal birthright, accessible to all.
Early Life and Education of Sheri Kersch Schultz
Sheri Kersch Schultz’s journey toward becoming a formidable force for change began in Lima, Ohio, where she spent her formative years. Growing up in the heartland of America, she imbibed the values of hard work, perseverance, and community that would shape her life’s mission.
Sheri’s pursuit of knowledge and academic excellence led her to the University of Denver, where she earned a Bachelor’s degree in Political Science. Her educational journey laid the foundation for her future endeavors, equipping her with the knowledge and critical thinking skills necessary to tackle complex societal issues.
However, the narrative of Sheri Kersch Schultz isn’t limited to academia. Fate had a remarkable role to play in shaping her destiny. It was during a vacation in Hampton that she crossed paths with Howard Schultz, a man whose vision and determination would one day transform the coffee industry and philanthropy as we know it.
Their connection was immediate and deep, forged not only by their personal affection but also by their shared commitment to making a difference in the world. Their journey together would become a testament to the power of partnership, as they embarked on a mission to redefine the very concept of opportunity and change lives for the better.
The Schultz Family Foundation
In 1996, a transformative force for social change was born when Sheri Kersch Schultz and her husband, Howard Schultz, co-founded the Schultz Family Foundation. Their vision was nothing short of audacious: to reshape the narrative of opportunity in America and, in doing so, unleash the full potential of every individual.
At the core of the foundation’s philosophy is a steadfast belief that the right opportunities, provided at the right time, have the power to unlock the boundless potential within each human being. Sheri and Howard recognized that “inequality of opportunity” was stifling America’s own potential, preventing countless individuals from realizing their dreams and aspirations. In response, they embarked on a mission to tear down the barriers that hindered progress and success.
What sets the Schultz Family Foundation apart is its unwavering commitment to innovation and collaboration. Rather than relying on conventional approaches, Sheri and Howard sought out innovative solutions, constantly pushing the boundaries of what philanthropy could achieve. They understood that addressing deep-rooted issues required fresh perspectives and creative thinking.
Equally vital to their approach was collaboration. The foundation actively engages with a diverse spectrum of partners, bridging the gap between the private and public sectors. This collaborative spirit is central to the success of their initiatives, recognizing that lasting change necessitates the collective efforts of individuals, organizations, and communities.
Sheri Kersch Schultz’s philanthropic journey is characterized by an unwavering commitment to effecting meaningful change in the lives of those who need it most. Her dedication is not merely an abstract ideal but a driving force that has shaped the Schultz Family Foundation’s impactful initiatives.
One of Sheri’s key areas of focus has been making a profound difference in the lives of young people. She recognized early on that a fragmented social support system was failing to reach those who were motivated but unable to escape homelessness, poverty, or the grip of adversity. This realization fueled her determination to address the shortcomings in this system and provide tangible solutions.
To this end, the Schultz Family Foundation has honed in on two critical communities: Opportunity Youth and Post 9/11 Veterans. Opportunity Youth represents the 4.6 million young Americans aged 16 to 24 who are neither in school nor employed, facing a daunting challenge in building their futures. On the other hand, America’s 4.2 million Post 9/11 Veterans, despite their heroic service, often encounter misunderstanding and undervaluation when transitioning to civilian life.
Under Sheri’s visionary leadership, the foundation has initiated national programs designed to empower these communities. The first involves a comprehensive portfolio of programs and investments that set Opportunity Youth on a path toward skills training and employment, breaking the cycle of limited opportunities. The second initiative is aimed at assisting returning military service members and their families in successfully transitioning into civilian jobs and professional careers.
What sets these initiatives apart is their active engagement with the business community. Sheri understands that collaboration between private and public sectors is essential for the long-term success of these programs. By bringing together leaders from various fields, the foundation ensures that each initiative has the support and resources needed to thrive.
Partnerships and Community Engagement
Sheri Kersch Schultz’s visionary approach to philanthropy extends far beyond the confines of traditional charity work. It’s a dynamic endeavor that actively engages the business community, recognizing that sustainable change requires collaboration from all corners of society.
One of the distinguishing features of the Schultz Family Foundation’s initiatives is its proactive engagement with the business community. Sheri understands that the private sector wields significant influence and resources that can be harnessed to create positive change. Through strategic partnerships with businesses, the foundation has been able to leverage its expertise, networks, and financial support to amplify the impact of its programs.
These partnerships go beyond simple financial contributions. They involve a deep commitment to shared goals and a willingness to work collaboratively to address complex social challenges. Business leaders come together with public sector stakeholders, nonprofits, and community organizations, forming a powerful alliance with a common purpose: to break down barriers to opportunity and empower individuals to reach their full potential.
The importance of public-private collaborations in sustaining the foundation’s programs cannot be overstated. Such partnerships bring together diverse perspectives, expertise, and resources, creating a synergy that enhances the effectiveness and long-term viability of the initiatives. They ensure that the impact of the foundation’s work extends far beyond the short term, leading to systemic change that benefits communities and individuals for generations to come.
Personal Life of Sheri Kersch Schultz
Beyond her remarkable philanthropic work, Sheri Kersch Schultz’s personal life is a testament to the values of family, love, and shared purpose. Her enduring relationship with her husband, Howard Schultz, has been a source of strength and inspiration throughout their journey together.
Sheri and Howard’s bond is a testament to the power of partnership. Their shared commitment to making a difference in the world brought them together and has been the driving force behind their collective achievements. Their love story, grounded in mutual respect and shared values, has not only shaped their personal lives but has also been instrumental in their philanthropic endeavors.
The Schultz family is further enriched by the presence of their children. Sheri and Howard are proud parents to a son, Jordan, and a daughter, Addison. Both children have inherited their parents’ sense of purpose and dedication to making a positive impact on society.
Jordan Schultz, their son, has pursued a career as a sports columnist, contributing his insights and perspectives to platforms like “The Huffington Post.” His passion for sports is complemented by his commitment to social issues, making him a unique voice in the world of sports journalism.
Addison Schultz, their daughter, has chosen a path dedicated to social work. Her endeavors reflect the family’s shared values of empathy and a commitment to helping others in need. Her work in the field of social work exemplifies the Schultz family’s dedication to making the world a better place, one person at a time.
The Schultz family’s love and support for one another extend beyond their immediate circle. They have also embraced the broader community, actively engaging in philanthropic activities that aim to uplift and empower individuals and communities in need.
Sheri Kersch Schultz’s Impact
Sheri Kersch Schultz’s influence extends far beyond her role as a philanthropic leader. Her unwavering support and profound contributions have played a pivotal role in shaping not only the destiny of her family but also in supporting her husband, Howard Schultz, during his transformative journey with Starbucks.
Sheri has been a steadfast pillar of support throughout Howard Schultz’s successful career with Starbucks, one of the world’s most recognizable and influential coffee brands. Her encouragement and unwavering belief in Howard’s vision were instrumental in the company’s remarkable growth and success. It was her resilience and unwavering commitment that bolstered Howard during the challenging early days of Starbucks, ensuring that his innovative ideas and dedication found their rightful place in the world.
Beyond being a supportive spouse, Sheri actively participated in the development of Starbucks, offering valuable insights and perspectives that helped shape the company’s identity and values. Her Midwestern values, known and adored by Howard, infused the company’s culture with a sense of community and responsibility that remains a hallmark of Starbucks to this day.
Furthermore, Sheri’s impact transcends the realm of business. She has been deeply involved in philanthropic activities that extend beyond the Schultz Family Foundation. Notably, she has been an advocate for and supporter of 9/11 victims, working tirelessly to provide assistance and benefits to those affected by this tragic event. Her dedication to helping others, even in the face of immense challenges, exemplifies her commitment to making a meaningful difference in the lives of those who have experienced adversity.
Net Worth and Financial Details
Sheri Kersch Schultz’s financial standing is a testament to her dedication to social causes and her unwavering commitment to making a positive impact on the world. While her personal net worth is substantial, her contributions to social causes far outweigh her financial achievements.
Sheri’s net worth is a reflection of her success, with an estimated value of approximately $5 billion as of 2023. However, what truly sets her apart is her unwavering dedication to using her financial resources to effect meaningful change.
In the remarkable journey of Sheri Kersch Schultz, we witness the transformation of a life rooted in humble beginnings into a force for profound change and opportunity. From her upbringing in Lima, Ohio, to her academic pursuits, Sheri’s path was marked by a relentless commitment to making a difference in the lives of others.
As the co-founder and chair of the Schultz Family Foundation, Sheri’s vision has transcended the ordinary and aimed for the extraordinary. Her mission to address social inequalities and unlock the potential of all individuals resonates deeply in a world where opportunities are not always equitable.