Paul and Leone Schmidt Charitable Foundation

Private foundation · Grantmaker Paola, KS EIN: 87-4099995

Paul and Leone Schmidt Charitable Foundation is a private foundation, based in Paola, KS. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $232K in total assets. In 2025, it awarded 1 grant totaling $3K.

Key facts about Paul and Leone Schmidt Charitable Foundation

In short: Paul and Leone Schmidt Charitable Foundation gave $3K across 1 grant in 2025 (avg $3K), mostly in Kansas. Source: 2025 IRS Form 990-PF.

EIN
87-4099995
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$3,300
Grants made (2025)
1
Average grant
$3,300
Median grant
$3,300
Total assets
$232,114
Primary geography
Kansas (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$232K

+1.7% YoY

Annual Giving

$3K

+52.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$3K

+52.0% YoY

Under IRS private-foundation payout rules, Paul and Leone Schmidt Charitable Foundation reported a distributable amount of $12K for 2025 — the minimum it must pay out in qualifying distributions.

How Paul and Leone Schmidt Charitable Foundation gives

  • In 2025 it paid out 78% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Paola

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$3K$4K0 grants2022 1 grant2023 1 grant2024 1 grant2025

From 2023 to 2025, annual grant giving ranged from $1K (2023) to $3K (2025). In 2025 it made 1 grant totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Community Christian Church: $3KCommunity Christian Church$3K

The largest 2025 recipient was Community Christian Church ($3K).

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Community Christian Church Paola, KSFunding for Church$3,300

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$5K$10K$15K$20K2022 2023 2024 2025
Metric202520242023
Total Assets$232,114$228,281$189,421
Revenue$14,625$10,864$-25,102
Expenses$9,259$6,883$9,332
Qualifying Distributions$9,259$3,743$6,357
Distributable Amount$11,899$11,243$8,528

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2025

Leadership & Key People

Officers and directors from IRS filings

Paul and Leone Schmidt Charitable Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Christian Toman

    Investment Officer

    On filings since 2022

    No compensation reported

  • Keri Peterson

    Administrative Officer

    On filings since 2022

    No compensation reported

Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Paul and Leone Schmidt Charitable Foundation

How much does Paul and Leone Schmidt Charitable Foundation give each year?

Paul and Leone Schmidt Charitable Foundation gave $3K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 1 grant.

How large is Paul and Leone Schmidt Charitable Foundation?

Paul and Leone Schmidt Charitable Foundation reported $232K in total assets on its 2025 IRS Form 990-PF. It paid out $9K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Paul and Leone Schmidt Charitable Foundation operate?

Paul and Leone Schmidt Charitable Foundation has awarded grants in Kansas.

What is Paul and Leone Schmidt Charitable Foundation's EIN?

Paul and Leone Schmidt Charitable Foundation's EIN (Employer Identification Number) is 87-4099995. IRS Form 990 filing data is available on this page for 2022–2025.

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

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