John P Schmidt and Dorothy E Schmidt Family Foundation Inc

SKILLMAN, NJ EIN: 22-3641730

John P Schmidt and Dorothy E Schmidt Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SKILLMAN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $683K in total assets. In 2024, it awarded 13 grants totaling $76K. Net investment income was $83K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$683K

+8.8% YoY

Annual Giving

$76K

+1.3% YoY

Grant Count

13

+8.3% YoY

Avg Grant Size

$6K

-6.5% YoY

Under IRS private-foundation payout rules, John P Schmidt and Dorothy E Schmidt Family Foundation Inc reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.

About John P Schmidt and Dorothy E Schmidt Family Foundation Inc

Based on IRS filings

John P Schmidt and Dorothy E Schmidt Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SKILLMAN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $683K in total assets. In 2024, it awarded 13 grants totaling $76K. Net investment income was $83K.

Ready to take the next step with John P Schmidt and Dorothy E Schmidt Family Foundation Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BostonCambridgeNew YorkPhiladelphiaPlainsboroPrincetonSaint PaulSkillmanTrentonWall Township

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24K$48K$72K$95K20202021202220232024
Metric202420232022
Total Assets$682,903$627,511$573,167
Revenue$11,076$43,924$83,086
Expenses$76,795$76,350$86,673
Qualifying Distributions$76,000$75,000$86,000
Net Investment Income$83,118$42,574$82,413
Distributable Amount$30,708$30,642$33,807

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$43K$65K$86K12 grants202013 grants202113 grants202212 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Princeton Symphony Orche…$15KGreater Somerset County …$10KTrenton Area Soup Kitchen$10KThe Metropolitan Opera$6KMassachusetts Inst of Te…$5KMercer Street Friends$5KRensselaer Poly Inst$5KSpringpoint Foundation$5KRescue Mission of Trenton$5KAcademy of Nat Sciences …$5K

Grant Size Distribution

63 grants across all recorded years

63<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Princeton Symphony Orchestra ($15,000), Greater Somerset County YMCA ($10,000), Trenton Area Soup Kitchen ($10,000).

RecipientPurposeAmount
The Metropolitan Opera New York, NYopen$6,000
Princeton Symphony Orchestra Princeton, NJopen$15,000
Massachusetts Inst of Technology Cambridge, MAopen$5,000
Mercer Street Friends Trenton, NJopen$5,000
Rensselaer Poly Inst Boston, MAopen$5,000
Greater Somerset County YMCA Princeton, NJopen$10,000
Springpoint Foundation Wall Township, NJopen$5,000
Rescue Mission of Trenton Trenton, NJopen$5,000
Princeton Medical Center Foundation Plainsboro, NJopen$2,000
Trenton Area Soup Kitchen Trenton, NJopen$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
John P SchmidtPresident1
Eric T SchmidtTreasurer0.1
Paul F SchmidtSecretary0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is John P Schmidt and Dorothy E Schmidt Family Foundation Inc?

John P Schmidt and Dorothy E Schmidt Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SKILLMAN, NJ. It holds $683K in total assets as of 2024.

How large is John P Schmidt and Dorothy E Schmidt Family Foundation Inc?

As of 2024, John P Schmidt and Dorothy E Schmidt Family Foundation Inc holds $683K in total assets with $11K in annual revenue. It awarded 13 grants totaling $76K in 2024.

Where does John P Schmidt and Dorothy E Schmidt Family Foundation Inc operate?

John P Schmidt and Dorothy E Schmidt Family Foundation Inc has awarded grants in Massachusetts, Minnesota, New Jersey, New York, Pennsylvania.

What size grants does John P Schmidt and Dorothy E Schmidt Family Foundation Inc award?

In 2024, John P Schmidt and Dorothy E Schmidt Family Foundation Inc awarded 13 grants totaling $76K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is John P Schmidt and Dorothy E Schmidt Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, John P Schmidt and Dorothy E Schmidt Family Foundation Inc reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is John P Schmidt and Dorothy E Schmidt Family Foundation Inc's EIN?

John P Schmidt and Dorothy E Schmidt Family Foundation Inc's EIN (Employer Identification Number) is 22-3641730. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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