Frederick Schmid Charitable Foundation
Frederick Schmid Charitable Foundation is a private foundation, based in ARCADIA, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 5 grants totaling $92K. Net investment income was $147K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-0.6% YoY
Annual Giving
$92K
-2.0% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$18K
-21.6% YoY
Under IRS private-foundation payout rules, Frederick Schmid Charitable Foundation reported a distributable amount of $97K for 2024 — the minimum it must pay out in qualifying distributions.
About Frederick Schmid Charitable Foundation
Based on IRS filings
Frederick Schmid Charitable Foundation is a private foundation, based in ARCADIA, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 5 grants totaling $92K. Net investment income was $147K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,795,763 | $1,805,996 | $1,762,253 |
| Revenue | $176,287 | $135,939 | $120,252 |
| Expenses | $129,443 | $123,214 | $129,134 |
| Qualifying Distributions | $99,095 | $96,014 | $92,000 |
| Net Investment Income | $147,044 | $111,493 | $49,044 |
| Distributable Amount | $97,266 | $93,680 | $92,585 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Concordia Seminary ($30,000), Concordia University Nebraska ($20,000), Trinity Lutheran School ($17,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CONCORDIA SEMINARY ST LOUIS, MO | TUITION ASSISTANCE | $30,000 |
| CONCORDIA UNIVERSITY NEBRASKA SEWARD, NE | TUITION ASSISTANCE | $20,000 |
| OUR SAVIOR LUTHERAN SCHOOL LANSING, MI | TUITION ASSISTANCE | $10,000 |
| TRINITY LUTHERAN SCHOOL JACKSON, MI | TUITION ASSISTANCE | $17,000 |
| ST JOHN DUBLIN LUTHERAN SCHOOL DUBLIN, OH | TUITION ASSISTANCE | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HEIDI WOELL | PRESIDENT/DIRECTOR | 2 | — |
| ANDY WOELL | VICE PRESIDENT/DIRECTOR | 1 | — |
| BRENNAN WOELL | TREASURER/DIRECTOR | 1 | — |
| CHELSEA CHAPIN | SECRETARY/DIRECTOR | 1 | — |
Frequently Asked Questions
How large is Frederick Schmid Charitable Foundation?
As of 2024, Frederick Schmid Charitable Foundation holds $1.8M in total assets with $176K in annual revenue. It awarded 5 grants totaling $92K in 2024.
Where does Frederick Schmid Charitable Foundation operate?
Frederick Schmid Charitable Foundation has awarded grants in Michigan, Missouri, Nebraska, Ohio.
What size grants does Frederick Schmid Charitable Foundation award?
In 2024, Frederick Schmid Charitable Foundation awarded 5 grants totaling $92K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Frederick Schmid Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frederick Schmid Charitable Foundation reported a distributable amount of $97K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frederick Schmid Charitable Foundation's EIN?
Frederick Schmid Charitable Foundation's EIN (Employer Identification Number) is 38-2875531. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Frederick Schmid Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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