WPM Schmidt Family Foundation Inc

Private foundation · Grantmaker Aliquippa, PA EIN: 87-3587253

WPM Schmidt Family Foundation Inc is a private foundation, based in Aliquippa, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $881K in total assets. In 2025, it awarded 7 grants totaling $60K. Net investment income was $24K.

Key facts about WPM Schmidt Family Foundation Inc

In short: WPM Schmidt Family Foundation Inc gave $60K across 7 grants in 2025 (avg $9K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.

EIN
87-3587253
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$60,320
Grants made (2025)
7
Average grant
$8,617
Median grant
$7,500
Total assets
$881,168
Primary geography
Pennsylvania (75% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$881K

+7.3% YoY

Annual Giving

$60K

+10.7% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$9K

+10.7% YoY

Under IRS private-foundation payout rules, WPM Schmidt Family Foundation Inc reported a distributable amount of $56K for 2025 — the minimum it must pay out in qualifying distributions.

How WPM Schmidt Family Foundation Inc gives

  • Giving grew 1860% from 2022 to 2025. Method
  • In 2025 it paid out 107% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

Beaver FallsMoon TownshipPittsburghBellinghamMemphisWexfordPrestoSomerset

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants2021 4 grants2022 6 grants2023 7 grants2024 7 grants2025

From 2022 to 2025, annual grant giving ranged from $3K (2022) to $64K (2023). In 2025 it made 7 grants totaling $60K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

St Anthony Charitable Foundation: $20KSt Anthony CharitableFoundation$20KMcGuire Memorial Foundation: $14KMcGuire Memorial Foundation$14KAmerican Friends of International China Concern: $8KAmerican Friends ofInternational China Concern$8KSt Jude Children's Hospital: $8KSt Jude Children's Hospital$8KMake a Wish of America: $8KMake a Wish of America$8KOxenreiter Foundation: $3KOxenreiter Foundation$3KKnights of Columbus: $1KKnights of Columbus$1K

The largest 2025 recipient was St Anthony Charitable Foundation ($20K). Together the top 7 received $60K.

Grant Size Distribution

24 grants across all recorded years

24<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 24 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
St Anthony Charitable Foundation Wexford, PACover the Cost of Operations of the Recipients.$20,295
McGuire Memorial Foundation Moon Township, PACover the Cost of Operations of the Recipients$13,525
American Friends of International China Concern Bellingham, WACover the Costs of Operations of the Recipient.$7,500
St Jude Children's Hospital Memphis, TNCover the Cost of Operations of the Recipients.$7,500
Make a Wish of America Pittsburgh, PACover the Cost of Operations of the Recipients$7,500
Oxenreiter Foundation Presto, PACover the Cost of Operations of the Recipients$3,000
Knights of Columbus Beaver Falls, PACover the Cost of Operations of the Recipients$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$881,168$821,401$784,857
Revenue$138,072$111,767$106,453
Expenses$78,305$75,223$81,944
Qualifying Distributions$60,320$54,495$64,220
Net Investment Income$24,209$6,107$8,660
Distributable Amount$56,200$48,798$39,053

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 31, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 5, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 19, 2025)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 3, 2026)
  6. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

WPM Schmidt Family Foundation Inc is led by Mark W. Schmidt, President on every filing since 2021; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Mark W. Schmidt

    President

    On filings since 2021

    4 hrs/week

    No compensation reported

  • James R. Fenchel II

    Secretary & Treasurer

    On filings since 2021

    4 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about WPM Schmidt Family Foundation Inc

How much does WPM Schmidt Family Foundation Inc give each year?

WPM Schmidt Family Foundation Inc gave $60K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $54K across 7 grants.

What is WPM Schmidt Family Foundation Inc's typical grant size?

WPM Schmidt Family Foundation Inc's median grant in 2025 was $7,500, and its average grant was $8,617, across 7 grants on its 2025 IRS Form 990-PF.

Where does WPM Schmidt Family Foundation Inc give grants?

WPM Schmidt Family Foundation Inc gives mostly in Pennsylvania: 75% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Washington (12%) and Tennessee (12%).

Does WPM Schmidt Family Foundation Inc give general operating support?

Not in 2025: none of the 7 grants with a stated purpose on WPM Schmidt Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Cover the Cost of Operations of the Recipients." (6 grants).

Who are WPM Schmidt Family Foundation Inc's largest grantees?

WPM Schmidt Family Foundation Inc's largest 2025 grantees include St Anthony Charitable Foundation ($20,295), McGuire Memorial Foundation ($13,525) and American Friends of International China Concern ($7,500), according to its 2025 IRS Form 990-PF. Together they received 69% of its itemized 2025 grant dollars.

How large is WPM Schmidt Family Foundation Inc?

WPM Schmidt Family Foundation Inc reported $881K in total assets on its 2025 IRS Form 990-PF. It paid out $60K in qualifying distributions that year, against a required minimum of $56K (roughly 5% of its investment assets).

What is WPM Schmidt Family Foundation Inc's EIN?

WPM Schmidt Family Foundation Inc's EIN (Employer Identification Number) is 87-3587253. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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