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The Walter E Schmid Family Foundation Charitable Trust is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 2018. The principal officer is The Goldman Sachs Trust Company. It holds total assets of $21.8M. Annual income is reported at $4M. Total assets have grown from $10.7M in 2019 to $22.2M in 2023. 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 2020 to 2023. According to available records, The Walter E Schmid Family Foundation Charitable Trust has made 22 grants totaling $1.9M, with a median grant of $25K. Annual giving has grown from $37K in 2020 to $1.9M in 2022. Individual grants have ranged from $3K to $500K, with an average award of $88K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in New York and Connecticut and Maryland. Contributions to this foundation are tax-deductible.
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.
The Walter E Schmid Family Foundation Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in NY, CT, MD.
The Walter E Schmid Family Foundation Charitable Trust has distributed a total of $1.9M across 22 grants. The median grant size is $25K, with an average of $88K. Individual grants have ranged from $3K to $500K.
The Walter E Schmid Family Foundation Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
The Walter E Schmid Family Foundation Charitable Trust is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
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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
$1.2M
Total Assets
$22.2M
Fair Market Value
$26.6M
Net Worth
$22.2M
Grants Paid
$910K
Contributions
N/A
Net Investment Income
$719K
Distribution Amount
$1.2M
Total: $19.3M
Total Grants
22
Total Giving
$1.9M
Average Grant
$88K
Median Grant
$25K
Unique Recipients
12
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University At Buffalo IncGENERAL | Buffalo, NY | $500K | 2022 |
| Kleinhans Music Hall Management IncGENERAL | Buffalo, NY | $250K | 2022 |
| Health Management Group LtdGENERAL | Getzville, NY | $100K | 2022 |
| Bestself Behavioral HealthGENERAL | Buffalo, NY | $35K | 2022 |
| Buffalo Philharmonic Orchestra SocietyGENERAL | Buffalo, NY | $25K | 2022 |
| Western New York Public BroadcastingGENERAL | Buffalo, NY | $25K | 2022 |
| National Association Of The DeafGENERAL | Silver Spring, MD | $3K | 2022 |
| Living Hope Deaf ChurchGENERAL | Manchester, CT | $3K | 2022 |
| Connecticut Foodshare IncGENERAL | Bloomfield, CT | $3K | 2022 |
| Hebron Interfaith Human ServicesGENERAL | Hebron, CT | $3K | 2022 |
| Community Music School Of BuffaloPROGRAM SUPPORT | Buffalo, NY | $25K | 2020 |
| Feedmore Wny IncPROGRAM SUPPORT | Buffalo, NY | $12K | 2020 |