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Filing year 2024

THE WALTER E SCHMID FAMILY FOUNDATION

Wilmington, Delaware·EIN 81-6908327·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$912k
Total assets
$21.8M
Total expenses
$1.4M
Reported officers
2

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Delaware.

Administrative Trustee
Board Member
Above 90th percentile
$164k
$177k
Trust Protector
Unclassified
$35k
$38k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE WALTER E SCHMID FAMILY FOUNDATION equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
12%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1.1M

Itemized grants

13

Median grant

$50k

RecipientLocationPurposeAmount
KLEINHANS MUSIC HALL MANAGEMENT INCBUFFALO, NYGENERAL$250k
BUFFALO PHILHARMONIC ORCHESTRA SOCIETYBUFFALO, NYGENERAL$250k
GRAYCLIFF CONSERVANCY INCDERBY, NYPROGRAM SUPPORT$200k
ERIE COMMUNITY COLLEGE FOUNDATION INCBUFFALO, NYPROGRAM SUPPORT$68k
MERCY FLIGHT INCBUFFALO, NYPROGRAM SUPPORT$65k
WESTERN NEW YORK PUBLIC BROADCASTING ASSOCIATIONBuffalo, NYGENERAL$50k
HEALTH MANAGEMENT GROUP LTDGETZVILLE, NYGENERAL$50k
ASYLUM HILL CONGREGATIONAL CHURCHHARTFORD, CTPROGRAM SUPPORT$20k
LABS4RESCUE INCKILLINGWORTH, CTPROGRAM SUPPORT$20k
COMMUNICATION ADVOCACY NETWORK CORPHARTFORD, CTPROGRAM SUPPORT$20k
REDEEMER LUTHERAN CHURCHLEBANON, CTPROGRAM SUPPORT$20k
LIVING HOPE DEAF CHURCHMANCHESTER, CTGENERAL$20k
HH-STONEWALL COMMUNITY FARM INCMIDDLETOWN, CTPROGRAM SUPPORT$20k
Compare this foundation's grantees

Up 10%
from 2023

From $149k in 2023 to $164k in 2024.

$149k
2023
$164k
2024
In today's dollarsEst.
Up 7% in real terms$166k to $177k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 10% from 2023 to 2024, while revenue rose 12%.

$149k in 2023 to $164k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE WALTER E SCHMID FAMILY FOUNDATION

What does the Board Member of THE WALTER E SCHMID FAMILY FOUNDATION earn?

In 2024, the Board Member of THE WALTER E SCHMID FAMILY FOUNDATION received $164,336 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Delaware: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at THE WALTER E SCHMID FAMILY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Delaware, the 2024 pay of the Board Member at THE WALTER E SCHMID FAMILY FOUNDATION falls in the top 10%. In 2024, the highest total compensation at THE WALTER E SCHMID FAMILY FOUNDATION equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE WALTER E SCHMID FAMILY FOUNDATION's revenue and expenses?

In 2024, THE WALTER E SCHMID FAMILY FOUNDATION reported $912k in total revenue and $1.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.