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L Florence Schmidt Foundation is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2008. The principal officer is % Wells Fargo Bank Na. It holds total assets of $1.6M. Annual income is reported at $601K. The foundation operates in the area of philanthropy & grantmaking. According to available records, L Florence Schmidt Foundation has made 20 grants totaling $937K, with a median grant of $50K. Annual giving has decreased from $247K in 2020 to $189K in 2023. Grantmaking activity was highest in 2022 with $501K distributed across 10 grants. Individual grants have ranged from $38K to $50K, with an average award of $47K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Florida, Illinois, Pennsylvania, which account for 80% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
L Florence Schmidt Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in FL, IL, PA.
L Florence Schmidt Foundation has distributed a total of $937K across 20 grants. The median grant size is $50K, with an average of $47K. Individual grants have ranged from $38K to $50K.
L Florence Schmidt Foundation typically selects its grantees rather than accepting unsolicited proposals.
L Florence Schmidt Foundation is headquartered in SAINT LOUIS, MO. While based in MO, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $26K | $0 | $26K |
Total Giving
$217K
Total Assets
$1.7M
Fair Market Value
$1.9M
Net Worth
$1.7M
Grants Paid
$189K
Contributions
$0
Net Investment Income
$71K
Distribution Amount
$92K
Total Grants
20
Total Giving
$937K
Average Grant
$47K
Median Grant
$50K
Unique Recipients
6
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Alzheimers Disease Rel Dis AssocGENERAL OPERATING | Chicago, IL | $38K | 2023 |
| Acts Retirement Life CommunitiesGENERAL OPERATING | West Point, PA | $38K | 2023 |
| Peggy Adams Animal Rescue LeagueGENERAL OPERATING | West Palm Beach, FL | $38K | 2023 |
| Boys And Girls Clubs Of Broward CntyGENERAL OPERATING | Ft Lauderdale, FL | $38K | 2023 |
| St Jude Childrens Research HospitalGENERAL OPERATING | Memphis, TN | $38K |
| 2018 | 990PF | View |
| 2023 |
| Alzheimers Assn National HeadquarterGENERAL OPERATING | Chicago, IL | $49K | 2020 |
SAINT LOUIS, MO
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