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Arthur J Schmitt Foundation is a private corporation based in NORTHBROOK, IL. The foundation received its IRS ruling in 1959. The principal officer is Carla Slawson. It holds total assets of $18.7M. Annual income is reported at $4.1M. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Illinois. According to available records, Arthur J Schmitt Foundation has made 39 grants totaling $2.5M, with a median grant of $65K. The foundation has distributed between $735K and $875K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $875K distributed across 13 grants. Individual grants have ranged from $5K to $85K, with an average award of $63K. The foundation has supported 17 unique organizations. Grants have been distributed to organizations in Illinois and Wisconsin and Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$70K
Average Grant
$67K
Largest Grant
$85K
Based on 13 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 J Schmitt Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in IL, WI, IN.
Arthur J Schmitt Foundation has distributed a total of $2.5M across 39 grants. The median grant size is $65K, with an average of $63K. Individual grants have ranged from $5K to $85K.
The application deadline is QUARTERLY MEETINGS ON AWARDS.. None yet most awards are in the immediate chicago metropolitan area.
Arthur J Schmitt Foundation is headquartered in NORTHBROOK, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$1.1M
Total Assets
$18.3M
Fair Market Value
$18.3M
Net Worth
$18.3M
Grants Paid
$840K
Contributions
N/A
Net Investment Income
$111K
Distribution Amount
$876K
Total: $13M
Total Grants
39
Total Giving
$2.5M
Average Grant
$63K
Median Grant
$65K
Unique Recipients
17
Most Common Grant
$75K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Marquette UniversityStudent Scholarships & leadership development | Milwaukee, WI | $80K | 2023 |
| Link UnlimitedStudent Scholarships & leadership development | Chicago, IL | $75K | 2023 |
| University Of Notre DameStudent Scholarships & leadership development | South Bend, IN | $75K | 2023 |
| Daniel Murphy Scholarship FundStudent Scholarships & leadership development | Chicago, IL | $75K | 2023 |
| Depaul UniversityStudent Scholarships & leadership development | Chicago, IL | $75K | 2023 |
| Loyola UniversityStudent Scholarships & leadership development | Chicago, IL | $75K | 2023 |
| Dominican UniversityStudent Scholarships & leadership development | River Forest, IL | $65K | 2023 |
| Benedictine UniversityStudent Scholarships & leadership development | Niles, IL | $60K | 2023 |
| Lewis UniversityStudent Scholarships & leadership development | Romeoville, IL | $60K | 2023 |
| University Of St FrancisStudent Scholarships & leadership development | Joliet, IL | $60K | 2023 |
| High SightStudent Scholarships & leadership development | Chicago, IL | $60K | 2023 |
| University Of St XavierStudent Scholarships & leadership development | Chicago, IL | $60K | 2023 |
| Loyola University Arrupe CollegeStudent Scholarships & leadership development | Chicago, IL | $20K | 2023 |
| Link Unlimited ScholarsStudent Scholarships & leadership development | Chicago, IL | $75K | 2022 |
| HighsightStudent Scholarships & leadership development | Chicago, IL | $50K | 2022 |
| Saint Xavier UniversityStudent Scholarships & leadership development | Chicago, IL | $50K | 2020 |
| Arrupe College Of Loyola UniversityStudent Scholarships & leadership development | Chicago, IL | $38K | 2020 |