Schmick Foundation Inc

Foundation · Grantmaker Milwaukee, WI EIN: 82-3627239

Schmick Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Milwaukee, WI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $881K in total assets. In 2025, it awarded 3 grants totaling $40K. Net investment income was $41K.

Key facts about Schmick Foundation Inc

In short: Schmick Foundation Inc gave $40K across 3 grants in 2025 (avg $13K), mostly in Wisconsin. Source: 2025 IRS Form 990-PF.

EIN: 82-3627239
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $40,000
Grants made (2025): 3
Average grant: $13,333
Median grant: $15,000
Total assets: $880,965
Primary geography: Wisconsin (63% of itemized 2025 grant dollars)

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

Quick answers about Schmick Foundation Inc

How much does Schmick Foundation Inc give each year?

Schmick Foundation Inc gave $40K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $35K across 3 grants.

What is Schmick Foundation Inc's typical grant size?

Schmick Foundation Inc's median grant in 2025 was $15,000, and its average grant was $13,333, across 3 grants on its 2025 IRS Form 990-PF.

Where does Schmick Foundation Inc give grants?

Schmick Foundation Inc gives mostly in Wisconsin: 63% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Nebraska (38%).

Does Schmick Foundation Inc give general operating support?

Yes: 100% of Schmick Foundation Inc's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How Schmick Foundation Inc 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.

Next steps with Schmick Foundation Inc

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$881K

-0.0% YoY

Annual Giving

$40K

+14.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$13K

+14.3% YoY

Under IRS private-foundation payout rules, Schmick Foundation Inc reported a distributable amount of $51K for 2025 — the minimum it must pay out in qualifying distributions.

About Schmick Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Wisconsin $25K (63%)

Nebraska $15K (38%)

Share of all 3 itemized 2025 grant dollars.

States

Nebraska Oregon Wisconsin

Cities

WauwatosaPortlandHales CornersMilwaukeeBrookfieldOmaha

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$880,965	$880,968	$868,972
Revenue	$49,918	$61,394	$30,789
Expenses	$49,922	$49,398	$67,556
Qualifying Distributions	$40,000	$40,734	$60,000
Net Investment Income	$40,917	$52,730	$23,233
Distributable Amount	$51,089	$48,439	$43,207

Data update history

When this profile's IRS filing data changed on Grantable

September 27, 2026 Added Form 990-PF for fiscal year 2019 (received by the IRS August 19, 2020)
September 27, 2026 Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Grant Size Distribution

14 grants across all recorded years

Giving History

Grant recipients and amounts by year

Recipient	Purpose	Amount
TEAMLIFT INC Omaha, NE	GENERAL OPERATING SUPPORT	$15,000
KINGSPATH SENIOR MINISTRIES INC Milwaukee, WI	GENERAL OPERATING SUPPORT	$15,000
FRIENDS OF BOERNER BOTANICAL GARDENS INC Hales Corners, WI	GENERAL OPERATING SUPPORT	$10,000

Leadership & Key People

Officers and directors from IRS filings

Schmick Foundation Inc is led by Roy Durrenberg, President & Director on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

Roy Durrenberg

President & Director

On filings since 2019

No compensation reported
Andrew Meyer

Vice President & Director

On filings since 2019

No compensation reported
Jeffrey S. Billings

Treasurer, Secretary & Director

On filings since 2019

No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Schmick Foundation Inc?

Schmick Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Milwaukee, WI. It holds $881K in total assets as of 2025.

How large is Schmick Foundation Inc?

As of 2025, Schmick Foundation Inc holds $881K in total assets with $50K in annual revenue. It awarded 3 grants totaling $40K in 2025.

How much is Schmick Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Schmick Foundation Inc reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.