Frederick Schmid Charitable Foundation

ARCADIA, MI EIN: 38-2875531

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

+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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $183K (40%)

Missouri $150K (33%)

Nebraska $110K (24%)

Ohio $15K (3%)

States

Michigan Missouri Nebraska Ohio

Cities

Ann ArborConklinDublinJacksonLansingSewardSt Louis

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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.