Schmid Foundation Inc

Organization Overview

Schmid Foundation Inc is located in Winter Garden, FL. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schmid Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Schmid Foundation Inc generated $55.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $43.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Schmid Foundation Inc has awarded 108 individual grants totaling $241,370. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

ORGANIZATIONAL SUPPORT PROVIDED TO CHARITIES


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
George M Schmid
VP
$0
John D Schmid
President
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $55,831
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $55,831

Grants Awarded

Over the last fiscal year, Schmid Foundation Inc has awarded $9,500 in support to 6 organizations.

Grant RecipientAmount

BOYSGIRLS CLUB OF CENTRAL FLORIDA

Org PageRecipient Profile

Orlando, FL

PURPOSE: ASSIST IN ACCOMPLISHING PURPOSE

$5,000

MINNEOLA CHARTER SCHOOL

Org PageRecipient Profile

Minneola, FL

PURPOSE: ASSIST IN ACCOMPLISHING PURPOSE

$2,000

LAKE COUNTY TEEN SPORT FISHING ASSO

PURPOSE: ASSIST IN ACCOMPLISHING PURPOSE

$1,000

ST JUDE CHILDREN'S RESEARCH HOSP

Org PageRecipient Profile

Memphis, TN

PURPOSE: ASSIST IN ACCOMPLISHING PURPOSE

$500

THE LAKESIDE CHURCH

PURPOSE: ASSIST IN ACCOMPLISHING PURPOSE

$500

LAKE MINNEOLA HIGH SCHOOL BASEBALL

PURPOSE: ASSIST IN ACCOMPLISHING PURPOSE

$500
View Grant Profile

Create an account to unlock the data you need.

or