Albert J Schmidt Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLINGTON, IA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 1 grants totaling $88K. Net investment income was $188K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+4.7% YoY
Annual Giving
$88K
-1.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$88K
-1.0% YoY
About Albert J Schmidt Trust
Based on IRS filings
Albert J Schmidt Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLINGTON, IA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 1 grants totaling $88K. Net investment income was $188K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,975,394 | $1,886,640 | $1,985,116 |
| Revenue | $204,823 | $19,518 | $146,502 |
| Expenses | $116,069 | $117,994 | $134,449 |
| Qualifying Distributions | $99,754 | $100,048 | $112,195 |
| Net Investment Income | $188,295 | $57,165 | $129,711 |
| Distributable Amount | $104,547 | $99,157 | $101,049 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FARMERS MERCHANTS BANK TRUST | TRUSTEE | 1 | $20,353 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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