Wpm Schmidt Family Foundation Inc
Wpm Schmidt Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALIQUIPPA, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $821K in total assets. In 2024, it awarded 7 grants totaling $54K. Net investment income was $6K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$821K
+4.7% YoY
Annual Giving
$54K
-15.1% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$8K
-27.3% YoY
Under IRS private-foundation payout rules, Wpm Schmidt Family Foundation Inc reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.
About Wpm Schmidt Family Foundation Inc
Based on IRS filings
Wpm Schmidt Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALIQUIPPA, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $821K in total assets. In 2024, it awarded 7 grants totaling $54K. Net investment income was $6K.
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 | $821,401 | $784,857 | $760,348 |
| Revenue | $111,767 | $106,453 | $97,237 |
| Expenses | $75,223 | $81,944 | $29,378 |
| Qualifying Distributions | $54,495 | $64,220 | $3,078 |
| Net Investment Income | $6,107 | $8,660 | $6,556 |
| Distributable Amount | $48,798 | $39,053 | $33,055 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Anthony Charitable Foundation ($20,000), Mcguire Memorial Foundation ($15,495), American Friends of International China Concern ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST ANTHONY CHARITABLE FOUNDATION WEXFORD, PA | COVER THE COST OF OPERATIONS OF THE RECIPIENTS. | $20,000 |
| AMERICAN FRIENDS OF INTERNATIONAL CHINA CONCERN BELLINGHAM, WA | COVER THE COSTS OF OPERATIONS OF THE RECIPIENT. | $5,000 |
| ST JUDE CHILDREN'S HOSPITAL MEMPHIS, TN | COVER THE COST OF OPERATIONS OF THE RECIPIENTS. | $5,000 |
| OXENREITER FOUNDATION PRESTO, PA | COVER THE COST OF OPERATIONS OF THE RECIPIENTS | $3,000 |
| MAKE A WISH OF AMERICA PITTSBURGH, PA | COVER THE COST OF OPERATIONS OF THE RECIPIENTS | $5,000 |
| MCGUIRE MEMORIAL FOUNDATION MOON TOWNSHIP, PA | COVER THE COST OF OPERATIONS OF THE RECIPIENTS | $15,495 |
| KNIGHTS OF COLUMBUS BEAVER FALLS, PA | COVER THE COST OF OPERATIONS OF THE RECIPIENTS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK W SCHMIDT | PRESIDENT | 4 | — |
| JAMES R FENCHEL II | SECRETARY/TREASURER | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Wpm Schmidt Family Foundation Inc?
Wpm Schmidt Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALIQUIPPA, PA. It holds $821K in total assets as of 2024.
How large is Wpm Schmidt Family Foundation Inc?
As of 2024, Wpm Schmidt Family Foundation Inc holds $821K in total assets with $112K in annual revenue. It awarded 7 grants totaling $54K in 2024.
Where does Wpm Schmidt Family Foundation Inc operate?
Wpm Schmidt Family Foundation Inc has awarded grants in Pennsylvania, Tennessee, Washington.
What size grants does Wpm Schmidt Family Foundation Inc award?
In 2024, Wpm Schmidt Family Foundation Inc awarded 7 grants totaling $54K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Wpm Schmidt Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Wpm Schmidt Family Foundation Inc reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2021–2024.
Explore Open Grants
Browse active grant opportunities in Wpm Schmidt Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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