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Arthur B Schmidt & Ruth Kirk Schmidt Charitable Trust is a private trust based in CHAMBERSBURG, PA. The foundation received its IRS ruling in 1984. The principal officer is Sentry Trust Company. It holds total assets of $488K. Annual income is reported at $255K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, Arthur B Schmidt & Ruth Kirk Schmidt Charitable Trust has made 8 grants totaling $79K, with a median grant of $8K. Annual giving has grown from $28K in 2020 to $51K in 2022. Individual grants have ranged from $3K to $26K, with an average award of $10K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$9K
Average Grant
$9K
Largest Grant
$16K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Arthur B Schmidt & Ruth Kirk Schmidt Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in PA.
Arthur B Schmidt & Ruth Kirk Schmidt Charitable Trust has distributed a total of $79K across 8 grants. The median grant size is $8K, with an average of $10K. Individual grants have ranged from $3K to $26K.
Arthur B Schmidt & Ruth Kirk Schmidt Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Arthur B Schmidt & Ruth Kirk Schmidt Charitable Trust is headquartered in CHAMBERSBURG, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Farmers Merchant Trust Co | TRUSTEE | $3K | $0 | $3K |
Total Giving
$61K
Total Assets
$484K
Fair Market Value
$576K
Net Worth
$484K
Grants Paid
$52K
Contributions
N/A
Net Investment Income
$22K
Distribution Amount
$28K
Total Grants
8
Total Giving
$79K
Average Grant
$10K
Median Grant
$8K
Unique Recipients
7
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mcconnellsburg Alumni & Friends AssocUNRESTRICTED GIFT | Mcconnellsburg, PA | $26K | 2022 |
| Fulton County LibraryUNRESTRICTED GIFT | Mcconnellsburg, PA | $9K | 2022 |
| Fulton County Historical Society IncGENERAL SUPPORT | Mcconnellsburg, PA | $8K | 2022 |
| Mcconnellsburg Recreation Center IncUNRESTRICTED GIFT | Mcconnellsburg, PA | $6K | 2022 |
| Fulton County Sportsman IncUNRESTRICTED GIFT | Huntingdon County, PA | $3K | 2022 |
| Fulton County Fair AssociationUNRESTRICTED GIFT | Mcconnellsburg, PA | $9K | 2020 |
| Fulton County Medical CenterUNRESTRICTED GIFT | Mcconnellsburg, PA | $3K | 2020 |