Walter C And Marie C Schmidt Charitable Foundation 2284300 is located in Milwaukee, WI. The organization was established in 1993. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walter C And Marie C Schmidt Charitable Foundation 2284300 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Walter C And Marie C Schmidt Charitable Foundation 2284300 generated $41.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $14.1k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $47 |
| Dividends & Interest | $11,486 |
| Profit on Inventory Sales | $0 |
| Other Income | $4 |
| Total Revenue | $41,441 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $11,732 |
| Contributions, gifts, grants paid | $2,400 |
| Total expenses and disbursements | $14,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,026 |
| Investments—mortgage loans | $0 |
| Investments—other | $429,982 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |