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Filing year 2023

MARKUS AND ELIZABETH SCHMIDT CHARITABLE FOUNDATION

Ann Arbor, Michigan·EIN 26-3498246·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$421k
Total assets
$0
Total expenses
$437k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2023. MARKUS AND ELIZABETH SCHMIDT CHARITABLE FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Treasurer
President
Secretary

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$437k

Itemized grants

2

Median grant

$218k

RecipientLocationPurposeAmount
UNIVERSITY OF MICHIGAN - SCHOLARSHIP FUNDANN ARBOR, MISCHOLARSHIPS$400k
VISTA MARIADEARBORN HEIGHTS, MISOCIAL SERVICE$37k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

MARKUS AND ELIZABETH SCHMIDT CHARITABLE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Michigan earns a median of $25,000.

25th percentile
$7k
Median
$25,000
75th percentile
$65k
90th percentile
$147k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 732 organizations across 732 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Michigan
FAQ

Common questions about MARKUS AND ELIZABETH SCHMIDT CHARITABLE FOUNDATION

What are MARKUS AND ELIZABETH SCHMIDT CHARITABLE FOUNDATION's revenue and expenses?

In 2023, MARKUS AND ELIZABETH SCHMIDT CHARITABLE FOUNDATION reported $421k in total revenue and $437k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.