Carl and Verna Schmidt Foundation
ROCHESTER, MN EIN: 23-7423942
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$44.3M
+10.7% YoY
Annual Giving
$2.0M
-3.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.0M
-3.9% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $44,276,560 | $39,985,776 | $36,030,436 |
| Revenue | $1,998,587 | $1,688,877 | $986,936 |
| Expenses | $2,520,803 | $2,561,337 | $2,510,260 |
| Qualifying Distributions | $2,089,863 | $2,169,955 | $2,144,841 |
| Net Investment Income | $1,596,695 | $1,303,388 | $639,778 |
| Distributable Amount | $2,118,554 | $1,856,835 | $1,829,209 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Carl and Verna Schmidt Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALAN C ANDERSON | TRUSTEE | 25 | — |
| NADINE K ANDERSON | TRUSTEE | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Minnesota $8.9M (100%)
States
Cities
Rochester
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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