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Filing year 2024

WALTER AND LEONA SCHMITT FAMILY FOUNDATION

White Bear Lake, Minnesota·EIN 35-6793905·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$85k
Total assets
$1.3M
Total expenses
$78k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. WALTER AND LEONA SCHMITT FAMILY FOUNDATION reported 5 unpaid officers and board members on its 990-PF.

President
Secretary
Treasurer
Trustee
Trustee

Grants paid

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

Total granted

$64k

Itemized grants

17

Median grant

$4k

RecipientLocationPurposeAmount
UNIVERSITY OF ST THOMASST PAUL, MN360 JOURNALISM PROGRAM$7k
DODGE NATURE CENTERWEST ST PAUL, MNGENERAL FUND$5k
GROVES ACADEMYST LOUIS PARK, MNGENERAL FUND$5k
PRODEO ACADEMYCOLUMBIA HEIGHTS, MNGENERAL FUND$5k
SHINING HOPE FOR COMMUNITIESNEW YORK, NYGENERAL FUND$5k
ST JOHN'S PREPARATORY SCHOOLCOLLEGEVILLE, MNGENERAL FUND$5k
DAMIANO CENTERDULUTH, MNGENERAL FUND$4k
DOMESTIC ABUSE PROJECTMINNEAPOLIS, MNGENERAL FUND$4k
FRIENDS OF SAN LUCASEAGAN, MNGENERAL FUND$4k
THE SANNETH FOUNDATIONST PAUL, MNGENERAL FUND$4k
FRIENDS OF THE BOUNDARY WATERSST PAUL, MNGENERAL FUND$3k
HELP THE HELPLESSVADNAIS HEIGHTS, MNGENERAL FUND$3k
OPEN WINDOWS BOOKSCOLD SPRING, MNGENERAL FUND$3k
LITTLE SISTERS OF THE POORST PAUL, MNGENERAL FUND$3k
FAMILY MEANSSTILLWATER, MNGENERAL FUND$2k
SOLID GROUNDWHITE BEAR LAKE, MNGENERAL FUND$2k
PROGRAM FOR AID TO VICTIMS OF SEXUAL ASSAULTDULUTH, MNGENERAL FUND$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

WALTER AND LEONA SCHMITT FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$42k
$71k
2023
$85k
$78k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

WALTER AND LEONA SCHMITT FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

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

Common questions about WALTER AND LEONA SCHMITT FAMILY FOUNDATION

What are WALTER AND LEONA SCHMITT FAMILY FOUNDATION's revenue and expenses?

In 2024, WALTER AND LEONA SCHMITT FAMILY FOUNDATION reported $85k in total revenue and $78k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.