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Damir I & Virginia A Schmidek Charitable Foundation is a private corporation based in SARATOGA, CA. The foundation received its IRS ruling in 2000. The principal officer is Damir I Schmidek. It holds total assets of $167K. Annual income is reported at $120K. Total assets have decreased from $545K in 2011 to $161K in 2023. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in California. According to available records, Damir I & Virginia A Schmidek Charitable Foundation has made 28 grants totaling $310K, with a median grant of $5K. Annual giving has decreased from $110K in 2020 to $39K in 2023. Individual grants have ranged from $100 to $90K, with an average award of $11K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in California and District of Columbia. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$7K
Largest Grant
$16K
Based on 6 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.
Damir I & Virginia A Schmidek Charitable Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in CA, DC.
Damir I & Virginia A Schmidek Charitable Foundation has distributed a total of $310K across 28 grants. The median grant size is $5K, with an average of $11K. Individual grants have ranged from $100 to $90K.
Damir I & Virginia A Schmidek Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Damir I & Virginia A Schmidek Charitable Foundation is headquartered in SARATOGA, CA. While based in CA, the foundation distributes grants to organizations across 2 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
$77K
Total Assets
$161K
Fair Market Value
$565K
Net Worth
$161K
Grants Paid
$39K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$26K
Total: $128K
Total Grants
28
Total Giving
$310K
Average Grant
$11K
Median Grant
$5K
Unique Recipients
7
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cristo Rey High SchoolGeneral fund | San Jose, CA | $15K | 2023 |
| Opera San JoseGeneral fund | San Jose, CA | $15K | 2023 |
| Symphony Silicon ValleyGeneral fund | San Jose, CA | $5K | 2023 |
| Src Living LegacyGeneral fund | Saratoga, CA | $2K | 2023 |
| St Andrews Episcopal ChurchGeneral fund | Saratoga, CA | $2K | 2023 |
| The Pear TheatreGeneral fund | Mountain View, CA | $1K | 2022 |
| National Parks OrganizationGeneral fund | Washington, DC | $100 | 2021 |