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Walter F Schmidt Trust Uw 520 is a private trust based in TERRE HAUTE, IN. The foundation received its IRS ruling in 2003. The principal officer is First Financial Bank. It holds total assets of $1.1M. Annual income is reported at $197K. Total assets have decreased from $1.5M in 2011 to $1.2M in 2023. The foundation is governed by 1 officer or trustee. Scholarships to Students of Lincoln Trail College. Tax records are available from 2021 to 2024. According to available records, Walter F Schmidt Trust Uw 520 has made 3 grants totaling $216K, with a median grant of $73K. The foundation has distributed between $70K and $73K annually from 2022 to 2024. Individual grants have ranged from $70K to $73K, with an average award of $72K. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Scholarships to Students of Lincoln Trail College
Expenses: $67K
Scholarships to Students of Lincoln Trail College. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IL.
Walter F Schmidt Trust Uw 520 has distributed a total of $216K across 3 grants. The median grant size is $73K, with an average of $72K. Individual grants have ranged from $70K to $73K.
The application deadline is July 15th. Student must be a Crawford County High School graduate and must be enrolled at Lincoln Trail College.
Walter F Schmidt Trust Uw 520 is headquartered in TERRE HAUTE, IN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Financial Bank Na | Trustee | $13K | $0 | $13K |
Total Giving
$87K
Total Assets
$1.2M
Fair Market Value
$1.4M
Net Worth
$1.2M
Grants Paid
$73K
Contributions
N/A
Net Investment Income
$50K
Distribution Amount
$62K
Total: $1M
Total Grants
3
Total Giving
$216K
Average Grant
$72K
Median Grant
$73K
Unique Recipients
1
Most Common Grant
$73K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lincoln Trail CollegeScholarships | Robinson, IL | $73K | 2024 |