The Lyndon & Helen M Schmid is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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.
About The Lyndon & Helen M Schmid
Based on IRS filings
The Lyndon & Helen M Schmid is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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 | $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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
122 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cobbled Streets ($15,000), Appleton Community Music Inc ($10,000), Champions for Children ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| APPLETON COMMUNITY MUSIC INC APPLETON, WI | GENERAL PURPOSE | $10,000 |
| BELLARMINE UNIVERSITY LOUISVILLE, KY | EDUCATIONAL SUPPORT | $5,000 |
| CATHOLIC CHARITIES OF LOUISVILLE LOUISVILLE, KY | GENERAL PURPOSE | $5,000 |
| CHAMPIONS FOR CHILDREN LOUISVILLE, KY | GENERAL SUPPORT | $6,000 |
| COBBLED STREETS WHEATRIDGE, CO | GENERAL PURPOSE | $15,000 |
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERNEST A SAMPSON | PRESIDENT | 0.5 | — |
| KATY CARSON | SECRETARY | 0.5 | — |
| KELLEY CARSON | TREASURER | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lyndon & Helen M Schmid?
The Lyndon & Helen M Schmid is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. It holds $1.2M in total assets as of 2024.
How large is The Lyndon & Helen M Schmid?
As of 2024, The Lyndon & Helen M Schmid holds $1.2M in total assets with $583K in annual revenue. It awarded 9 grants totaling $59K in 2024.
Where does The Lyndon & Helen M Schmid operate?
The Lyndon & Helen M Schmid has awarded grants in Colorado, District of Columbia, Indiana, Kentucky, Tennessee, Wisconsin, West Virginia.
What size grants does The Lyndon & Helen M Schmid award?
In 2024, The Lyndon & Helen M Schmid awarded 9 grants totaling $59K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Lyndon & Helen M Schmid required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lyndon & Helen M Schmid reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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