The Walter E Schmid Family Foundation
The Walter E Schmid Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.8M in total assets. In 2024, it awarded 13 grants totaling $1.1M. Net investment income was $810K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.8M
-1.9% YoY
Annual Giving
$1.1M
+15.7% YoY
Grant Count
13
-13.3% YoY
Avg Grant Size
$81K
+33.5% YoY
Under IRS private-foundation payout rules, The Walter E Schmid Family Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
About The Walter E Schmid Family Foundation
Based on IRS filings
The Walter E Schmid Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.8M in total assets. In 2024, it awarded 13 grants totaling $1.1M. Net investment income was $810K.
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 | $21,794,594 | $22,214,398 | $22,573,936 |
| Revenue | $911,945 | $814,772 | $4,582,172 |
| Expenses | $1,359,791 | $1,184,925 | $1,207,687 |
| Qualifying Distributions | $1,252,336 | $1,088,883 | $1,098,127 |
| Net Investment Income | $810,490 | $718,730 | $603,745 |
| Distributable Amount | $1,391,006 | $1,233,921 | $1,065,718 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kleinhans Music Hall Management Inc ($250,000), Buffalo Philharmonic Orchestra Society ($250,000), Graycliff Conservancy Inc ($200,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASYLUM HILL CONGREGATIONAL CHURCH HARTFORD, CT | PROGRAM SUPPORT | $20,000 |
| LABS4RESCUE INC KILLINGWORTH, CT | PROGRAM SUPPORT | $20,000 |
| KLEINHANS MUSIC HALL MANAGEMENT INC BUFFALO, NY | GENERAL | $250,000 |
| BUFFALO PHILHARMONIC ORCHESTRA SOCIETY BUFFALO, NY | GENERAL | $250,000 |
| WESTERN NEW YORK PUBLIC BROADCASTING Buffalo, NY | GENERAL | $50,000 |
| ERIE COMMUNITY COLLEGE FOUNDATION INC BUFFALO, NY | PROGRAM SUPPORT | $67,725 |
| HEALTH MANAGEMENT GROUP LTD GETZVILLE, NY | GENERAL | $50,000 |
| GRAYCLIFF CONSERVANCY INC DERBY, NY | PROGRAM SUPPORT | $200,000 |
| MERCY FLIGHT INC BUFFALO, NY | PROGRAM SUPPORT | $65,275 |
| COMMUNICATION ADVOCACY NETWORK CORP HARTFORD, CT | PROGRAM SUPPORT | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT A BILTEKOFF | TRUST PROTECTOR | 1 | $35,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Walter E Schmid Family Foundation?
The Walter E Schmid Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $21.8M in total assets as of 2024.
How large is The Walter E Schmid Family Foundation?
As of 2024, The Walter E Schmid Family Foundation holds $21.8M in total assets with $912K in annual revenue. It awarded 13 grants totaling $1.1M in 2024.
Where does The Walter E Schmid Family Foundation operate?
The Walter E Schmid Family Foundation has awarded grants in California, Connecticut, Maryland, New York, Virginia.
What size grants does The Walter E Schmid Family Foundation award?
In 2024, The Walter E Schmid Family Foundation awarded 13 grants totaling $1.1M — an average of about $81K per grant, based on its IRS Form 990 filings.
How much is The Walter E Schmid Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Walter E Schmid Family Foundation reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Walter E Schmid Family Foundation's EIN?
The Walter E Schmid Family Foundation's EIN (Employer Identification Number) is 81-6908327. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Walter E Schmid Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.