//
Also known as: C/O SECURITY FEDERAL SAVINGS BANK
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Herman And Louise Schmittcharitable Trust Dtd 6-1-07 is a private trust based in LOGANSPORT, IN. The foundation received its IRS ruling in 2007. The principal officer is Security Federal Savings Bank. It holds total assets of $346K. Annual income is reported at $91K. Total assets have grown from $158K in 2011 to $354K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. 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 Indiana. According to available records, Herman And Louise Schmittcharitable Trust Dtd 6-1-07 has made 72 grants totaling $263K, with a median grant of $3K. Annual giving has grown from $61K in 2020 to $140K in 2022. Individual grants have ranged from $3K to $7K, with an average award of $4K. The foundation has supported 19 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$3K
Average Grant
$4K
Largest Grant
$7K
Based on 17 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.
Herman And Louise Schmittcharitable Trust Dtd 6-1-07 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 72 grants. Its grantmaking reaches organizations primarily in IN.
Herman And Louise Schmittcharitable Trust Dtd 6-1-07 has distributed a total of $263K across 72 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $3K to $7K.
Herman And Louise Schmittcharitable Trust Dtd 6-1-07 typically selects its grantees rather than accepting unsolicited proposals.
Herman And Louise Schmittcharitable Trust Dtd 6-1-07 is headquartered in LOGANSPORT, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Security Federal Savings Bank | TRUSTEE | $17K | $0 | $17K |
Total Giving
$96K
Total Assets
$354K
Fair Market Value
$1.9M
Net Worth
$354K
Grants Paid
$77K
Contributions
N/A
Net Investment Income
$88K
Distribution Amount
$87K
Total: $331K
Total Grants
72
Total Giving
$263K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
19
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Area Five Agency Community SvcsTO FUND OPERATIONS | Logansport, IN | $7K | 2022 |
| United Way Of Cass Co Backpack ProgramTO FUND OPERATIONS | Logansport, IN | $4K | 2022 |
| Cass Co Humane SocietyTO FUND OPERATIONS | Logansport, IN | $4K | 2022 |
| Emmaus Mission CenterTO FUND OPERATIONS | Logansport, IN | $4K | 2022 |
| Salvation Army Food BankTO FUND OPERATIONS | Logansport, IN | $4K | 2022 |
| Logansport Alumni Assoc-Teach Classroom SuppliesTO FUND OPERATIONS | Logansport, IN | $3K | 2022 |
| Calvary Presbyterian ChurchTO FUND OPERATIONS | Logansport, IN | $3K | 2022 |
| Cass Co Historical SocietyTO FUND OPERATIONS | Logansport, IN | $3K | 2022 |
| Cass Pulaski Comm Corrections Logans LandingTO FUND OPERATIONS | Logansport, IN | $3K | 2022 |
| Domestic Violence Task ForceTO FUND OPERATIONS | Logansport, IN | $3K | 2022 |
| Literacy Volunteers Of Cass CoTO FUND OPERATIONS | Logansport, IN | $3K | 2022 |
| Logansport School Corp-Music Instr FundTO FUND OPERATIONS | Logansport, IN | $3K | 2022 |
| Special Olympics Of Cass CoTO FUND OPERATIONS | Logansport, IN | $3K | 2022 |
| Trinity Episcopal Church Food BankTO FUND OPERATIONS | Logansport, IN | $3K | 2022 |
| Mary Dykeman Guild Of Memorial HospitalTO FUND OPERATIONS | Logansport, IN | $3K | 2022 |
| United Way Of Cass Co Begindergarten ProgramTO FUND OPERATIONS | Logansport, IN | $3K | 2022 |
| United Way Of Cass Co Reading Railroad ProgramTO FUND OPERATIONS | Logansport, IN | $3K | 2022 |
| Vineyard Community Church Outreach ProgramTO FUND OPERATIONS | Logansport, IN | $3K | 2022 |
| Logansport School Corp-Stem ProgramsTO FUND OPERATIONS | Logansport, IN | $3K | 2022 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN