The Walter E Schmid Family Foundation Charitable Trust

Organization Overview

The Walter E Schmid Family Foundation Charitable Trust is located in Wilmington, DE. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Walter E Schmid Family Foundation Charitable Trust 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, Walter E Schmid Family Foundation Charitable Trust generated $3.3m in total revenue. All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 8.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Walter E Schmid Family Foundation Charitable Trust has awarded 18 individual grants totaling $874,000. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,867,840
Interest on Savings $0
Dividends & Interest $529,655
Net Rental Income$0
Net Gain on Sale of Assets $952,143
Capital Gain Net Income $952,143
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $3,349,638

Grants Awarded

Over the last fiscal year, The Walter E Schmid Family Foundation Charitable Trust has awarded $800,000 in support to 14 organizations.

Grant RecipientAmount

UNIVERSITY AT BUFFALO INC

PURPOSE: GENERAL

$500,000

BUFFALO PHILHARMONIC ORCHESTRA SOCIETY

Org PageRecipient Profile

Buffalo, NY

PURPOSE: GENERAL

$100,000

WESTERN NEW YORK PUBLIC BROADCASTING

PURPOSE: GENERAL

$50,000

BESTSELF BEHAVIORAL HEALTH

Org PageRecipient Profile

Buffalo, NY

PURPOSE: PROGRAM SUPPORT

$50,000

COMMUNITY MUSIC SCHOOL OF BUFFALO

PURPOSE: PROGRAM SUPPORT

$25,000

WNY VETERANS HOUSING COALITION

PURPOSE: PROGRAM SUPPORT

$25,000
View Grant Profile

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