Carl and Verna Schmidt Foundation
Carl and Verna Schmidt Foundation is a private foundation, based in ROCHESTER, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $44.3M in total assets. In 2024, it awarded 1 grants totaling $2.0M. Net investment income was $1.6M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$44.3M
+10.7% YoY
Annual Giving
$2.0M
-3.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.0M
-3.9% YoY
About Carl and Verna Schmidt Foundation
Based on IRS filings
Carl and Verna Schmidt Foundation is a private foundation, based in ROCHESTER, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $44.3M in total assets. In 2024, it awarded 1 grants totaling $2.0M. Net investment income was $1.6M.
Ready to take the next step with Carl and Verna Schmidt Foundation?
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 | $44,276,560 | $39,985,776 | $36,030,436 |
| Revenue | $1,998,587 | $1,688,877 | $986,936 |
| Expenses | $2,520,803 | $2,561,337 | $2,510,260 |
| Qualifying Distributions | $2,089,863 | $2,169,955 | $2,144,841 |
| Net Investment Income | $1,596,695 | $1,303,388 | $639,778 |
| Distributable Amount | $2,118,554 | $1,856,835 | $1,829,209 |
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 |
|---|---|---|---|
| ALAN C ANDERSON | TRUSTEE | 25 | — |
| NADINE K ANDERSON | TRUSTEE | — | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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