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Also known as: FOUNDATION
Marvin And Virgina Schmid Foundation is a private corporation based in OMAHA, NE. The foundation received its IRS ruling in 1996. The principal officer is % First National Bank Of Omaha. It holds total assets of $28.2M. Annual income is reported at $8.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Marvin And Virgina Schmid Foundation has made 4 grants totaling $3.3M, with a median grant of $835K. Individual grants have ranged from $500K to $1.2M, with an average award of $835K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Nebraska. Contributions to this foundation are tax-deductible.
Marvin And Virgina Schmid Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NE.
Marvin And Virgina Schmid Foundation has distributed a total of $3.3M across 4 grants. The median grant size is $835K, with an average of $835K. Individual grants have ranged from $500K to $1.2M.
Marvin And Virgina Schmid Foundation typically selects its grantees rather than accepting unsolicited proposals.
Marvin And Virgina Schmid Foundation is headquartered in OMAHA, NE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Martha Rogers Davis | DIRECTOR/PRESIDENT | $50K | $0 | $50K |
| Chris Davis | DIRECTOR/VICE PRES | $5K | $0 | $5K |
| Heidi Wilson | SECRETARY | $5K | $0 | $5K |
| Eric Schmid | DIRECTOR | $5K | $0 | $5K |
| Paige Norton | DIRECTOR | $5K | $0 | $5K |
Total Giving
$2.2M
Total Assets
$27.6M
Fair Market Value
$36.7M
Net Worth
$27.6M
Grants Paid
$1.8M
Contributions
$0
Net Investment Income
$1.3M
Distribution Amount
$1.7M
Total: $11.2M
Total Grants
4
Total Giving
$3.3M
Average Grant
$835K
Median Grant
$835K
Unique Recipients
2
Most Common Grant
$500K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Nebraska FoundationSCHOLARSHIPS/LIBRARY/TECHNOLOGY | Lincoln, NE | $1.2M | 2022 |
| Columbus Library FoundationLIBRARY | Columbus, NE | $500K | 2022 |
| Mary Schmid Norton |
| DIRECTOR |
| $5K |
| $0 |
| $5K |
| Brooke Smithberg | TREASURER | $0 | $0 | $0 |
| Michael Sullivan | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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