R & D Schmidt Foundation

SALT LAKE CITY, UT EIN: 20-2071449

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

States

Cities

MagnaSalt Lake CitySandyVirginia BeachWest Valley City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1K$2K$3K$4K20202021202220232024
Metric202420232022
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

$0$718.75$1K$2K$3K8 grants20209 grants20219 grants202211 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SALVATION ARMY$100UTAH FOOD BANK$100RESCUE MISSION$100SALT LAKE CITY MISSION$100TURNBULL BENEFIT$100INTERMOUNTAIN CHILDRENS …$100AMERCAN HEART ASSOCIATION$50DAV$50HUNTSMAN CANCER$50AMERICAN RED CROSS$50

Grant Size Distribution

48 grants across all recorded years

48<$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 Salvation Army ($100), Utah Food Bank ($100), Rescue Mission ($100).

RecipientPurposeAmount
SALVATION ARMY SALT LAKE CITY, UTGENERAL FUND$100
UTAH FOOD BANK WEST VALLEY CITY, UTGENERAL FUND$100
AMERCAN HEART ASSOCIATION SALT LAKE CITY, UTGENERAL FUND$50
RESCUE MISSION SALT LAKE CITY, UTGENERAL FUND$100
SALT LAKE CITY MISSION SALT LAKE CITY, UTGENERAL FUND$100
TURNBULL BENEFIT SALT LAKE CITY, UTGENERAL FUND$100
DAV SALT LAKE CITY, UTGENERAL FUND$50
HUNTSMAN CANCER SALT LAKE CITY, UTGENERAL FUND$50
INTERMOUNTAIN CHILDRENS CENTER SALT LAKE CITY, UTEDUCATION$100
AMERICAN RED CROSS WEST VALLEY CITY, UTGENERAL$50

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RON K SCHMIDTTRUSTEE1
DEBRA M SCHMIDTTRUSTEE1

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.

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

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