Lee Schmidt Scholarship Trust Fund is a private foundation focused on Education, based in TWIN FALLS, ID. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $529K in total assets. In 2024, it awarded 1 grants totaling $37K. Net investment income was $42K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$529K
+0.9% YoY
Annual Giving
$37K
+31.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$37K
+31.3% YoY
About Lee Schmidt Scholarship Trust Fund
Based on IRS filings
Lee Schmidt Scholarship Trust Fund is a private foundation focused on Education, based in TWIN FALLS, ID. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $529K in total assets. In 2024, it awarded 1 grants totaling $37K. Net investment income was $42K.
Focus Areas
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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 | $529,400 | $524,482 | $523,206 |
| Revenue | $50,116 | $37,951 | $28,048 |
| Expenses | $45,198 | $36,675 | $37,607 |
| Qualifying Distributions | $36,750 | $28,000 | $27,000 |
| Net Investment Income | $41,668 | $29,276 | $17,441 |
| Distributable Amount | — | — | — |
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
Among its reported 2024 grants, the largest include 19 College Students See Statement 7 ($36,750).
| Recipient | Purpose | Amount |
|---|---|---|
| 19 COLLEGE STUDENTS SEE STATEMENT 7 KIMBERLY, ID | FUNDS PAID DIRECTLY TO EDUCATION FACILITIES FOR COSTS OF TUITION AND FEES. | $36,750 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAY STROLBERG | Trustee | — | $5,000 |
| TIFFANY UNGER | Trustee | — | $325 |
| MEL HENRY | Trustee | — | $325 |
| SAUNDRA STROLBERG | Trustee | — | $325 |
| KATHLEEN SHEWMAKER | Trustee | — | $325 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lee Schmidt Scholarship Trust Fund?
Lee Schmidt Scholarship Trust Fund is a private foundation focused on Education, based in TWIN FALLS, ID. It holds $529K in total assets as of 2024.
How large is Lee Schmidt Scholarship Trust Fund?
As of 2024, Lee Schmidt Scholarship Trust Fund holds $529K in total assets with $50K in annual revenue. It awarded 1 grants totaling $37K in 2024.
Where does Lee Schmidt Scholarship Trust Fund operate?
Lee Schmidt Scholarship Trust Fund has awarded grants in Idaho.
What size grants does Lee Schmidt Scholarship Trust Fund award?
In 2024, Lee Schmidt Scholarship Trust Fund awarded 1 grants totaling $37K — an average of about $37K per grant, based on its IRS Form 990 filings.
What is Lee Schmidt Scholarship Trust Fund's EIN?
Lee Schmidt Scholarship Trust Fund's EIN (Employer Identification Number) is 82-0497599. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lee Schmidt Scholarship Trust Fund'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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