The Lyndon & Helen M Schmid
The Lyndon & Helen M Schmid is a private foundation, based in Louisville, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 9 grants totaling $59K. Net investment income was $571K.
Key facts about The Lyndon & Helen M Schmid
In short: The Lyndon & Helen M Schmid gave $59K across 9 grants in 2024 (avg $7K), top state Kentucky. Source: 2024 IRS Form 990-PF.
- EIN
- 61-1349891
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $58,500
- Grants made (2024)
- 9
- Average grant
- $6,500
- Median grant
- $5,000
- Total assets
- $1,209,320
- Primary geography
- Kentucky (49% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+72.4% YoY
Annual Giving
$59K
+8.3% YoY
Grant Count
9
-66.7% YoY
Avg Grant Size
$7K
+225.0% YoY
Under IRS private-foundation payout rules, The Lyndon & Helen M Schmid reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
How The Lyndon & Helen M Schmid gives
- Giving held roughly steady from 2021 to 2024 (+10%). Method
- In 2024 it paid out 127% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $53K (2022) to $59K (2024). In 2024 it made 9 grants totaling $59K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Cobbled Streets ($15K). Together the top 9 received $59K.
Grant Size Distribution
122 grants across all recorded years
The most common grant size was under $50K: 122 grants of 122 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cobbled Streets Wheatridge, CO | General Purpose | $15,000 |
| Appleton Community Music Inc Appleton, WI | General Purpose | $10,000 |
| Champions for Children Louisville, KY | General Support | $6,000 |
| Bellarmine University Louisville, KY | Educational Support | $5,000 |
| Catholic Charities of Louisville Louisville, KY | General Purpose | $5,000 |
| Holston Home for Children Inc Greeneville, TN | General Purpose | $5,000 |
| Kentucky Opera Association Inc Louisville, KY | General Purpose | $5,000 |
| Louisville Orchestra Louisville, KY | General Purpose | $5,000 |
| Shamrock Pet Foundation Inc Louisville, KY | General Purpose | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,209,320 | $701,495 | $751,714 |
| Revenue | $583,160 | $25,185 | $35,303 |
| Expenses | $80,335 | $75,404 | $75,692 |
| Qualifying Distributions | $72,452 | $66,933 | $66,580 |
| Net Investment Income | $571,424 | $17,917 | $27,851 |
| Distributable Amount | $57,252 | $55,522 | $56,163 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Lyndon & Helen M Schmid is led by Ernest A. Sampson, President on every filing since 2021; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ernest A. Sampson
President
On filings since 2021
0.5 hrs/week
No compensation reported
Kelley Carson
Treasurer
Treasuer → Treasurer, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
Katy Carson
Secretary
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Kim Givans (2021) — Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Lyndon & Helen M Schmid
How much does The Lyndon & Helen M Schmid give each year?
The Lyndon & Helen M Schmid gave $59K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $54K across 27 grants.
What is The Lyndon & Helen M Schmid's typical grant size?
The Lyndon & Helen M Schmid's median grant in 2024 was $5,000, and its average grant was $6,500, across 9 grants on its 2024 IRS Form 990-PF.
Where does The Lyndon & Helen M Schmid give grants?
The Lyndon & Helen M Schmid's top state is Kentucky, with 49% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Colorado (26%) and Wisconsin (17%). The most frequent recipient cities were Louisville, KY (6 grants).
Does The Lyndon & Helen M Schmid give general operating support?
Yes: 89% of The Lyndon & Helen M Schmid's 2024 grants with a stated purpose (8 of 9) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Lyndon & Helen M Schmid's largest grantees?
The Lyndon & Helen M Schmid's largest 2024 grantees include Cobbled Streets ($15,000), Appleton Community Music Inc ($10,000) and Champions for Children ($6,000), according to its 2024 IRS Form 990-PF. Together they received 53% of its itemized 2024 grant dollars.
How large is The Lyndon & Helen M Schmid?
The Lyndon & Helen M Schmid reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $72K in qualifying distributions that year, against a required minimum of $57K (roughly 5% of its investment assets).
What is The Lyndon & Helen M Schmid's EIN?
The Lyndon & Helen M Schmid's EIN (Employer Identification Number) is 61-1349891. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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