Theodore And Elizabeth Schmidt Family Foundation is located in Salt Lake City, UT. The organization was established in 1999. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Theodore And Elizabeth Schmidt Family Foundation 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, Theodore And Elizabeth Schmidt Family Foundation generated $156.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $195.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Theodore And Elizabeth Schmidt Family Foundation has awarded 249 individual grants totaling $1,948,231. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sandefur Schmidt Treasurer | 0 | $0 | |
Theodore Schmidt President | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $102,358 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $54,300 |
Capital Gain Net Income | $54,300 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $156,658 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $7,016 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $30 |
Total operating and administrative expenses | $42,043 |
Contributions, gifts, grants paid | $153,432 |
Total expenses and disbursements | $195,475 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $129,946 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $2,194,591 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Theodore And Elizabeth Schmidt Family Foundation has awarded $153,432 in support to 31 organizations.
Grant Recipient | Amount |
---|---|
Salt Lake City, UT PURPOSE: GENERAL SUPPORT | $25,000 |
NATE AZERA PURPOSE: SCHOLARSHIP | $24,283 |
MILOS PETROVIC PURPOSE: SCHOLARSHIP | $21,424 |
AMERICAN RED CROSS PURPOSE: GENERAL SUPPORT | $20,000 |
LOGAN NEAL PURPOSE: SCHOLARSHIP | $13,625 |
NOUMAN KANTE PURPOSE: SCHOLARSHIP | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Homewise Inc Santa Fe, NM | $208,179,950 | $27,730,929 |
1035 Osage Inc Denver, CO | $33,218,160 | $535,754 |
Nhs Community Services Llc Boise, ID | $2,590,667 | $1,243,874 |
Flatirons Habitat For Humanity Community Development Inc Lafayette, CO | $0 | $952,370 |
La Clinica De Familia Title Holding Corporation Las Cruces, NM | $16,407,020 | $282,120 |
Cplc Health Inc Phoenix, AZ | $163,628 | $944,105 |
Christian Care Foundation Phoenix, AZ | $804,250 | $80,242 |
Stepping Stone Communities Inc Littleton, CO | $1,504,379 | $1,718,671 |
Hong Lok Phoenix, AZ | $4,119,912 | $430,317 |
Mercy Housing Franciscan Campus Inc Denver, CO | $4,641,842 | $97,189 |
Denver Community Ventures Denver, CO | $763,882 | $440,730 |
Theodore And Elizabeth Schmidt Family Foundation Salt Lake City, UT | $2,194,591 | $156,658 |