L Florence Schmidt Foundation
L Florence Schmidt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 5 grants totaling $190K. Net investment income was $69K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
-7.4% YoY
Annual Giving
$190K
+0.4% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$38K
+0.4% YoY
Under IRS private-foundation payout rules, L Florence Schmidt Foundation reported a distributable amount of $94K for 2024 — the minimum it must pay out in qualifying distributions.
About L Florence Schmidt Foundation
Based on IRS filings
L Florence Schmidt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 5 grants totaling $190K. Net investment income was $69K.
Focus Areas
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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 | $1,566,989 | $1,691,881 | $1,811,354 |
| Revenue | $93,236 | $97,166 | $85,403 |
| Expenses | $219,278 | $216,620 | $285,897 |
| Qualifying Distributions | $194,017 | $192,624 | $254,499 |
| Net Investment Income | $69,135 | $71,019 | $58,693 |
| Distributable Amount | $93,688 | $92,343 | $104,415 |
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
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Alzheimers Disease Rel Dis Assoc ($37,932), Acts Retirement Life Communities ($37,932), Peggy Adams Animal Rescue League ($37,932).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMERS DISEASE REL DIS ASSOC CHICAGO, IL | GENERAL OPERATING | $37,932 |
| ACTS RETIREMENT LIFE COMMUNITIES WEST POINT, PA | GENERAL OPERATING | $37,932 |
| PEGGY ADAMS ANIMAL RESCUE LEAGUE WEST PALM BEACH, FL | GENERAL OPERATING | $37,932 |
| BOYS AND GIRLS CLUBS OF BROWARD CNTY FT LAUDERDALE, FL | GENERAL OPERATING | $37,932 |
| ST JUDE CHILDRENS RESEARCH HOSPITAL MEMPHIS, TN | GENERAL OPERATING | $37,932 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WELLS FARGO BANK N A | TRUSTEE | 1 | $26,324 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is L Florence Schmidt Foundation?
L Florence Schmidt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. It holds $1.6M in total assets as of 2024.
How large is L Florence Schmidt Foundation?
As of 2024, L Florence Schmidt Foundation holds $1.6M in total assets with $93K in annual revenue. It awarded 5 grants totaling $190K in 2024.
Where does L Florence Schmidt Foundation operate?
L Florence Schmidt Foundation has awarded grants in Florida, Illinois, Pennsylvania, Tennessee.
What size grants does L Florence Schmidt Foundation award?
In 2024, L Florence Schmidt Foundation awarded 5 grants totaling $190K — an average of about $38K per grant, based on its IRS Form 990 filings.
How much is L Florence Schmidt Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, L Florence Schmidt Foundation reported a distributable amount of $94K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is L Florence Schmidt Foundation's EIN?
L Florence Schmidt Foundation's EIN (Employer Identification Number) is 51-0644401. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in L Florence Schmidt 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.