Scheidt Family Foundation Inc

MEMPHIS, TN EIN: 62-0989531

Scheidt Family Foundation Inc is a private foundation established in 1976 and based in Memphis, Tennessee. The foundation is a 501(c)(3) tax-exempt organization that provides philanthropic support across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.9M

+6.8% YoY

Annual Giving

$759K

+33.2% YoY

Grant Count

27

-6.9% YoY

Avg Grant Size

$28K

+43.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities include:

  • Jewish organizations
  • Higher education
  • The arts

Recent grant activity demonstrates particular support for music education and Jewish community organizations.

Grantmaking

| Grantee | Amount | Purpose |

Grant Range

s:** Typical awards range from $200,000 to $225,000

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking extends primarily to Tennessee, Colorado, and Texas.

Grant Distribution by State

11states
+3 more states

Cities

AddisonAspenAuroraBasaltBerkeleyBerkelyBronxvilleChicagoGermantownHoustonLexingtonMemphisNew OrleansNew YorkParsonsSanta FeSugar TreeSyracuseUticaWashington

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending October 2024:

Metric Amount
Total Assets $9,949,360
Total Revenue $1,461,675
Total Expenses $825,035
Net Income $636,640
Total Liabilities $0

Revenue Composition: Contributions received represent 49.1% of total revenue, with investment income and other sources comprising the remainder.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$533K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$9,949,360$9,312,720$9,434,119
Revenue$1,461,675$994,993$1,109,531
Expenses$825,035$628,007$496,900
Qualifying Distributions$759,050$569,950$419,450
Net Investment Income$682,095$224,109$336,463
Distributable Amount$724,787$621,201$594,173

Giving Over Time

Total grant dollars and number of grants per year

$0$190K$380K$569K$759K40 grants202026 grants202129 grants202229 grants202327 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF MEMPHIS FO…$225KTEMPLE ISRAEL$160KASPEN JEWISH CONGREGATION$110KTHE JEWISH FEDERATION$50KREGIONAL ONE FOUNDATION$30KGERMANTOWN PERFORMING AR…$25KDIXON GALLERY AND GARDEN$20KJAZZ ASPEN SNOWMASS$19KTULANE UNIVERSITY$15KLAUSANNE COLLEGIATE SCHOOL$12K

Grant Size Distribution

151 grants across all recorded years

140<$50K4$50–100K7$100–250K$250–500K$500K–1M$1–5M$5M+

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

From 2024 filing

NameTitleHoursCompensation
E ELKAN SCHEIDTVICE PRES
SUSAN SCHEIDT ARNEYVICE PRES
RUDI E SCHEIDT JRVICE PRES
HELEN SCHEIDT GRONAUERVICE PRES

Recent News & Activity

Recent developments and announcements

2022

In January 2022, the Scheidt family committed $500,000 to establish the "Strike a Chord: Scheidt School of Music Drive for Excellence Fund" at the University of Memphis. This initiative supports the Rudi E. Scheidt School of Music and the Scheidt Family Performing Arts Center, an 82,000-square-foot facility featuring a 900+ seat concert hall, rehearsal spaces, classrooms, and modern music laboratories. Funds from this commitment support student resources, technology and recording equipment, and instrument acquisition programs.

Scheidt Family Commits $500,000 to Establish Strike a Chord: Scheidt School\

Related Funders

Similar funders by location and focus area

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

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