Us Ventureschmidt Family Foundation logo

Us Ventureschmidt Family Foundation

APPLETON, WI EIN: 39-1540933 Website

The U.S. Venture-Schmidt Family Foundation is a hybrid corporate/family foundation based in Appleton, Wisconsin. Founded in 1985 by Art, Ray, and Bill Schmidt to honor the values of generosity and compassion instilled by their parents, Albert and Margaret Schmidt, the foundation operates with a board that includes U.S. Venture team members alongside descendants of Albert and Margaret Schmidt. The Schmidt family founded U.S. Venture (originally Schmidt Brothers Oil Company) into a major energy distribution company.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$5.8M

+34.2% YoY

Grant Count

208

+34.2% YoY

Avg Grant Size

$28K

+0.0% YoY

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

Mission & Focus Areas

The foundation is dedicated to driving meaningful change by supporting self-sufficiency, community enrichment, and vulnerable populations. Primary funding areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

The foundation's purpose, "Finding a Better Way," drives its work and shapes how it serves its community.

Grantmaking

Grant Range

s & Types:**

How to Apply

**

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Geographic Focus

Where this funder awards grants

Primary focus in Wisconsin, with additional funding activity in California, Georgia, and other states where U.S. Venture operates.

Grant Distribution by State

31states
+23 more states

Cities

ALEXANDRIAALGOMAALLOUEZALPHARETTAANAHEIMAPPLETONARCADIAATLANTAAUSTINBALTIMOREBAYBOISEBOSTONBRILLIONBRUSSELSBUFFALO GAPCANYON COUNTYCHAMBLEECHARLOTTECHICAGO

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $5,361,239
  • Total Giving (2024): $5,805,950
  • Funding Sources: Endowment and a percentage of net profits each year
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$6M90 grants201981 grants202094 grants2021126 grants2022155 grants2023208 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CORPSGIVING FOUNDATION$105KBIG BROTHERS BIG SISTERS…$100KCHILDREN'S HOSPITAL & HE…$100KCOTS$100KBOYS & GIRLS CLUB FOX VA…$80KBIG BROTHERS BIG SISTERS…$65KBIG BROTHERS BIG SISTERS…$63KBOYS AND GIRLS CLUB OF O…$61KA BETTER CHICAGO$60KAFRICAN HERITAGE INC$50K

Grant Size Distribution

250 grants across all recorded years

214<$50K28$50–100K8$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Us Ventureschmidt Family Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
AMBER SIMONDSPRESIDENT1
DAN POSANSKIVICE PRESIDENT1
SARAH JOHANNSENTREASURER1
GREG BONGERSBOARD MEMBER0.1
MIKE BONGERSBOARD MEMBER0.1
BILL KESSENICHBOARD MEMBER0.1
MIKE KOELBOARD MEMBER0.1
KATE KESSENICHBOARD MEMBER0.1
JOSE MATABOARD MEMBER0.1
BRETT WETZELBOARD MEMBER0.1
JIMMY SCHMIDTBOARD MEMBER0.1
GREG VANDENBERGBOARD MEMBER0.1
JACKIE SHARKEYSECRETARY1
BRIAN RHODESBOARD MEMBER0.1
PARKER WOLFBOARD MEMBER0.1
ANDREW FINKELSTEINBOARD MEMBER0.1
TONY SPRINGERBOARD MEMBER0.1
SANGEETA EDWINBOARD MEMBER0.1

Contact Information

Address: 425 Better Way, Appleton, WI 54915

Phone: 920-831-8818

Email: CommunityEngagement@usventure.com

Grant Inquiries: foundation@usventure.com

Website: https://www.usventure.com/us-venture-schmidt-family-foundation/

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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