Raymond & Grace Schmidt Charitable Trust
Raymond & Grace Schmidt Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $620K in total assets. In 2024, it awarded 2 grants totaling $34K. Net investment income was $35K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$620K
-1.1% YoY
Annual Giving
$34K
-2.1% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$17K
-2.1% YoY
About Raymond & Grace Schmidt Charitable Trust
Based on IRS filings
Raymond & Grace Schmidt Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $620K in total assets. In 2024, it awarded 2 grants totaling $34K. Net investment income was $35K.
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 | $619,763 | $626,870 | $631,731 |
| Revenue | $44,980 | $42,804 | $16,692 |
| Expenses | $48,892 | $47,787 | $50,469 |
| Qualifying Distributions | $38,498 | $38,823 | $40,202 |
| Net Investment Income | $35,224 | $30,333 | $14,770 |
| Distributable Amount | $40,112 | $36,556 | $38,282 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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