Schmidt Associates Kaleidoscope
Schmidt Associates Kaleidoscope is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $491K in total assets. In 2024, it awarded 7 grants totaling $16K. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$491K
+148.1% YoY
Annual Giving
$16K
Grant Count
7
Avg Grant Size
$2K
Under IRS private-foundation payout rules, Schmidt Associates Kaleidoscope reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.
About Schmidt Associates Kaleidoscope
Based on IRS filings
Schmidt Associates Kaleidoscope is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $491K in total assets. In 2024, it awarded 7 grants totaling $16K. Net investment income was $12K.
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 | $490,995 | $197,868 | $200,337 |
| Revenue | $312,173 | $2,633 | $200,337 |
| Expenses | $19,046 | $5,102 | — |
| Qualifying Distributions | $16,000 | $4,850 | — |
| Net Investment Income | $12,173 | $2,633 | $337 |
| Distributable Amount | $20,206 | $9,717 | $9,850 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Westfield Education Foundation ($5,000), The Food Literacy Project ($2,000), Louisville Nature Center Inc ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WESTFIELD EDUCATION FOUNDATION WESTFIELD, IN | UNRESTRICTED | $5,000 |
| UNIVERSITY OF NEBRASKA FOUNDATION LINCOLN, NE | RICHARD G. TERP & MARY M. TERP SCHOLARSHIP FUND | $1,000 |
| THE FOOD LITERACY PROJECT LOUISVILLE, KY | UNRESTRICTED | $2,000 |
| LOUISVILLE NATURE CENTER INC LOUISVILLE, KY | UNRESTRICTED | $2,000 |
| INDIANA YOUTH GROUP INC INDIANAPOLIS, IN | UNRESTRICTED | $2,000 |
| ONE MISSION SOCIETY USA INC GREENWOOD, IN | UNRESTRICTED | $2,000 |
| INDIANA SYMPHONY SOCIETY INC INDIANAPOLIS, IN | UNRESTRICTED | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SARAH HEMPSTEAD | TRUSTEE | — | — |
| BRETT QUANDT | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Schmidt Associates Kaleidoscope?
Schmidt Associates Kaleidoscope is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. It holds $491K in total assets as of 2024.
How large is Schmidt Associates Kaleidoscope?
As of 2024, Schmidt Associates Kaleidoscope holds $491K in total assets with $312K in annual revenue. It awarded 7 grants totaling $16K in 2024.
Where does Schmidt Associates Kaleidoscope operate?
Schmidt Associates Kaleidoscope has awarded grants in Indiana, Kentucky, Nebraska.
What size grants does Schmidt Associates Kaleidoscope award?
In 2024, Schmidt Associates Kaleidoscope awarded 7 grants totaling $16K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Schmidt Associates Kaleidoscope required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Schmidt Associates Kaleidoscope reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Schmidt Associates Kaleidoscope's EIN?
Schmidt Associates Kaleidoscope's EIN (Employer Identification Number) is 88-1644867. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Schmidt Associates Kaleidoscope's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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