Volker Schmidt Family Foundation

BOZEMAN, MT EIN: 87-0907248

Volker Schmidt Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOZEMAN, MT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $406K in total assets. In 2024, it awarded 6 grants totaling $26K. Net investment income was $367K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$406K

+2106.8% YoY

Annual Giving

$26K

+162.3% YoY

Grant Count

+200.0% YoY

Avg Grant Size

$4K

-12.6% YoY

Under IRS private-foundation payout rules, Volker Schmidt Family Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.

About Volker Schmidt Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Montana $57K (100%)

States

Montana

Cities

Bozeman

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$406,473	$18,419	$28,874
Revenue	$367,764	—	—
Expenses	$26,745	$10,455	$9,400
Qualifying Distributions	$26,225	$10,000	$9,400
Net Investment Income	$367,244	—	—
Distributable Amount	$9,044	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Eagle Mount Bozeman ($10,000), Casagal of Gallatin County ($5,000), Bridger Care ($5,000).

Recipient	Purpose	Amount
EAGLE MOUNT BOZEMAN BOZEMAN, MT	GENERAL SUPPORT OF MISSION	$10,000
BIG SKY YOUTH EMPOWERMENT PROJECT I BOZEMAN, MT	GENERAL SUPPORT OF MISSION	$225
WILKINSON FAMILY FOUNDATION BOZEMAN, MT	GENERAL SUPPORT OF MISSION	$1,000
CASAGAL OF GALLATIN COUNTY BOZEMAN, MT	GENERAL SUPPORT OF MISSION	$5,000
BRIDGER CARE BOZEMAN, MT	GENERAL SUPPORT OF MISSION	$5,000
HAVEN BOZEMAN, MT	GENERAL SUPPORT OF MISSION	$5,000

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	President	1	—
LINDA V SCHMIDT	Secretary	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Volker Schmidt Family Foundation?

Volker Schmidt Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOZEMAN, MT. It holds $406K in total assets as of 2024.

How large is Volker Schmidt Family Foundation?

As of 2024, Volker Schmidt Family Foundation holds $406K in total assets with $368K in annual revenue. It awarded 6 grants totaling $26K in 2024.

Where does Volker Schmidt Family Foundation operate?

Volker Schmidt Family Foundation has awarded grants in Montana.

What size grants does Volker Schmidt Family Foundation award?

In 2024, Volker Schmidt Family Foundation awarded 6 grants totaling $26K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Volker Schmidt Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Volker Schmidt Family Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Volker Schmidt Family Foundation's EIN?

Volker Schmidt Family Foundation's EIN (Employer Identification Number) is 87-0907248. IRS Form 990 filing data is available on this page for 2021–2024.