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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
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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.