Carl and Verna Schmidt Foundation
EIN 237423942 Private Foundation
Possibly inactive.
Last 990-PF filing on record is from 2023
(3 years ago). Verify before investing time in an application.
Total Given 2020–2023
$6.9M
4 grants · $1.7M avg/year
based on 4 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$1.8M
typical big bets · $1.4M–$2.1M
grant size
100%
deep partner · 1/1 multi-year
repeat
$40.0M
Assets (2023)
1
Distinct Recipients
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
CARL AND VERNA SCHMIDT FOUNDATION
Phone
(507) 285-2517
Deadlines
NO DEADLINES
How to Apply
BY APPLICATION ONLY; TELEPHONE APPLICATIONS ARE NOT ACCEPTED. BRIEF DESCRIPTION OF PURPOSE, LOCATION AND AMOUNT OF REQUEST ON FOUNDATION'S GRANT APPLICATION FORM.
Restrictions
GENERAL RESTRICTION: SECTION 501(C)(3)ORGANIZATION
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | $1.5M | $34.4M | $916K | 1 |
| 2021 | $1.2M | $41.7M | $1.2M | 1 |
| 2022 | $2.1M | $36.0M | $987K | 1 |
| 2023 | $2.1M | $40.0M | $1.7M | 1 |
Grant Size Distribution
Based on 4 grants on record
Minimum
$1.2M
25th Pctl
$1.4M
Median
$1.8M
Average
$1.7M
75th Pctl
$2.1M
Maximum
$2.1M
Geographic Distribution
Officers & Directors
Grants Awarded (4 total)
| Purpose | ||||
|---|---|---|---|---|
| Schedule of Grants | Rochester, MN | $2,087,601 | SEE SCHEDULE ATTACHED | 2023 |
| Schedule of Grants | Rochester, MN | $2,072,660 | SEE SCHEDULE ATTACHED | 2022 |
| Schedule of Grants | Rochester, MN | $1,504,449 | SEE SCHEDULE ATTACHED | 2020 |
| Schedule of Grants | Rochester, MN | $1,246,269 | SEE SCHEDULE ATTACHED | 2021 |
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