Theodore & Elizabeth Schmidt Family

Foundation · Grantmaker SALT LAKE CITY, UT EIN: 68-0422838 Website

The Theodore & Elizabeth Schmidt Family Foundation is a private foundation established in 1998 and located in Salt Lake City, Utah. The foundation operates as a 501(c)(3) organization and functions as a grantmaking entity supporting various charitable causes.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

-1.9% YoY

Annual Giving

$145K

-1.6% YoY

Grant Count

-9.4% YoY

Avg Grant Size

$5K

+8.5% YoY

Under IRS private-foundation payout rules, Theodore & Elizabeth Schmidt Family reported a distributable amount of $191K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation gives primarily for education and hospitals, with additional funding directed toward human services.

Grantmaking

The foundation made 38 grants in 2023, with a total giving amount of $147,522. Recent grantees include:

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Utah $578K (46%)

Idaho $514K (41%)

California $60K (5%)

District of Columbia $44K (3%)

Virginia $23K (2%)

Washington $10K (1%)

Ohio $8K (1%)

Missouri $5K (0%)

+4 more states

States

California Colorado District of Columbia Idaho Illinois Maine Missouri New Jersey Ohio Utah Virginia Washington

Cities

ArlingtonBerkleyBothellBrunswickCedar CityChicagoChino HillsColorado SpringsFall ChurchGarden CityGlen RockHamiltonHolladayLoganMillcreekMontpelierMount VernonOremOxfordSalt Lake City

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

Metric	Amount
Total Assets	$2,109,658
Total Revenues	$150,562
Total Expenses	$181,715
Total Liabilities	$0
Investment Income & Dividends	$129,942
Grants & Contributions	$10

As of December 31, 2022:

Metric	Amount
Total Assets	Not specified
Investment Income & Dividends	$110,342

The foundation's investment income increased 17.8% from 2022 to 2023. The foundation has no employees.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,070,299	$2,109,658	$2,140,811
Revenue	$137,004	$150,562	$143,169
Expenses	$176,363	$181,715	$196,949
Qualifying Distributions	$145,100	$147,522	$166,126
Net Investment Income	$110,580	$122,369	$131,073
Distributable Amount	$190,534	$167,172	$167,624

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

151 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ballet West ($25,000), Utah Symphony Opera ($25,000), American Red Cross ($20,000).

Recipient	Purpose	Amount
NATURAL HISTORY MUSEUM OF UTAH SALT LAKE CITY, UT	GENERAL SUPPORT	$7,500
PBS UTAH SALT LAKE CITY, UT	GENERAL SUPPORT	$1,500
JUDICIAL WATCH WASHINGTON, DC	GENERAL SUPPORT	$1,000
BALLET WEST SALT LAKE CITY, UT	GENERAL SUPPORT	$25,000
NATIONAL LEGAL POLICY CENTER FALL CHURCH, VA	GENERAL SUPPORT	$1,000
CHARITY NAVIGATOR GLEN ROCK, NJ	GENERAL SUPPORT	$500
THE SALVATION ARMY WASHINGTON, DC	GENERAL SUPPORT	$5,000
GEORGE WASHINGTON MT VERNON MOUNT VERNON, VA	GENERAL SUPPORT	$1,000
UTAH MUSEUM OF FINE ARTS SALT LAKE CITY, UT	GENERAL SUPPORT	$1,000
BEAR LAKE WATCH ST CHARLES, ID	GENERAL SUPPORT	$6,800

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
THEODORE G SCHMIDT JR	President	—	—
SANDEFUR SCHMIDT	Treasurer	—	—

Subject Areas

Focus areas based on grantmaking activity

Housing & Shelter

Frequently Asked Questions

What does Theodore & Elizabeth Schmidt Family fund?

The foundation gives primarily for education and hospitals, with additional funding directed toward human services.

How do I apply for a grant from Theodore & Elizabeth Schmidt Family?

The foundation made 38 grants in 2023, with a total giving amount of $147,522. Recent grantees include: • Salt Lake City Rotary Foundation ($30,500 for general support) • Ballet West ($25,000 for general support) • Utah Symphony Utah Opera (USUO) ($25,000 for general support) The foundation provides general support grants to its recipients. The average and median grant amounts are not specified in available sources.

What size grants does Theodore & Elizabeth Schmidt Family award?

In 2024, Theodore & Elizabeth Schmidt Family awarded 29 grants totaling $145K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Theodore & Elizabeth Schmidt Family required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Theodore & Elizabeth Schmidt Family reported a distributable amount of $191K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Theodore & Elizabeth Schmidt Family's EIN?

Theodore & Elizabeth Schmidt Family's EIN (Employer Identification Number) is 68-0422838. IRS Form 990 filing data is available on this page for 2020–2024.