R & D Schmidt Foundation
R & D Schmidt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13K in total assets. In 2024, it awarded 11 grants totaling $850.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13K
-0.0% YoY
Annual Giving
$850
-9.1% YoY
Grant Count
11
+0.0% YoY
Avg Grant Size
$77.273
-9.1% YoY
Under IRS private-foundation payout rules, R & D Schmidt Foundation reported a distributable amount of $622 for 2024 — the minimum it must pay out in qualifying distributions.
About R & D Schmidt Foundation
Based on IRS filings
R & D Schmidt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13K in total assets. In 2024, it awarded 11 grants totaling $850.
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 | $12,634 | $12,637 | $14,497 |
| Revenue | $2,000 | $1,000 | $2,000 |
| Expenses | $2,003 | $2,860 | $2,075 |
| Qualifying Distributions | $850 | $935 | $925 |
| Net Investment Income | — | — | — |
| Distributable Amount | $622 | $668 | $716 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Salvation Army ($100), Utah Food Bank ($100), Rescue Mission ($100).
| Recipient | Purpose | Amount |
|---|---|---|
| SALVATION ARMY SALT LAKE CITY, UT | GENERAL FUND | $100 |
| UTAH FOOD BANK WEST VALLEY CITY, UT | GENERAL FUND | $100 |
| AMERCAN HEART ASSOCIATION SALT LAKE CITY, UT | GENERAL FUND | $50 |
| RESCUE MISSION SALT LAKE CITY, UT | GENERAL FUND | $100 |
| SALT LAKE CITY MISSION SALT LAKE CITY, UT | GENERAL FUND | $100 |
| TURNBULL BENEFIT SALT LAKE CITY, UT | GENERAL FUND | $100 |
| DAV SALT LAKE CITY, UT | GENERAL FUND | $50 |
| HUNTSMAN CANCER SALT LAKE CITY, UT | GENERAL FUND | $50 |
| INTERMOUNTAIN CHILDRENS CENTER SALT LAKE CITY, UT | EDUCATION | $100 |
| AMERICAN RED CROSS WEST VALLEY CITY, UT | GENERAL | $50 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RON K SCHMIDT | TRUSTEE | 1 | — |
| DEBRA M SCHMIDT | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is R & D Schmidt Foundation?
R & D Schmidt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. It holds $13K in total assets as of 2024.
How large is R & D Schmidt Foundation?
As of 2024, R & D Schmidt Foundation holds $13K in total assets with $2K in annual revenue. It awarded 11 grants totaling $850 in 2024.
Where does R & D Schmidt Foundation operate?
R & D Schmidt Foundation has awarded grants in Utah, Virginia.
What size grants does R & D Schmidt Foundation award?
In 2024, R & D Schmidt Foundation awarded 11 grants totaling $850 — an average of about $77.273 per grant, based on its IRS Form 990 filings.
How much is R & D Schmidt Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, R & D Schmidt Foundation reported a distributable amount of $622 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is R & D Schmidt Foundation's EIN?
R & D Schmidt Foundation's EIN (Employer Identification Number) is 20-2071449. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in R & D 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.