Overview
What is Schmidt Community Fund?
The Schmidt Community Fund is a nonprofit organization that focuses on supporting the community initiatives aligned with the Schmidt family's lifework. By pooling resources, they aim to make a greater impact in the areas they reside. The fund offers educational scholarships and grants to deserving individuals and charitable organizations. This selection process is overseen by a dedicated committee. Additionally, public school students with exceptional academic performance and financial difficulties may also be eligible for aid.
Official website here: www.schmidtcommunityfund.org
Is Schmidt Community Fund legitimate?
Schmidt Community Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schmidt Community Fund submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Official website here: www.schmidtcommunityfund.org
What is the mission statement of Schmidt Community Fund?
The Schmidt Community Fund is committed to supporting individuals and organizations that align with the values and interests of the Schmidt family. This is achieved through the provision of educational scholarships and grants, selected by a committee. The fund prioritizes aid for public school students who excel academically and are financially disadvantaged. By investing in these areas, the Schmidt Community Fund aims to contribute significantly to the communities where its members reside.
Official website here: www.schmidtcommunityfund.org
Who is the CEO of Schmidt Community Fund?
Michael Schmidt is the President of Schmidt Community Fund.
Official website here: www.schmidtcommunityfund.org
What is the revenue of Schmidt Community Fund?
Schmidt Community Fund's revenue in 2022 was $134,227.
Official website here: www.schmidtcommunityfund.org
Who are the executives of Schmidt Community Fund and what are their salaries?
Here are 3 key members and their salaries:
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Official website here: www.schmidtcommunityfund.org
Where can I find the form 990EZ for Schmidt Community Fund?
Schmidt Community Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.schmidtcommunityfund.org
Learn more at the official website: www.schmidtcommunityfund.org
Mission Statement of Schmidt Community Fund
The Schmidt Community Fund is an organization that prioritizes investing in individuals, programs, and initiatives that align with the philanthropic interests of the Schmidt family. Their mission is centered around serving the communities they are a part of, with the belief that collective efforts can yield significant impact. The fund provides educational scholarships and grants to deserving individuals and charitable organizations, as selected by their committee. This support is extended to public school students who demonstrate exceptional academic performance and are financially disadvantaged. The Schmidt Community Fund's mission is thus committed to uplifting and empowering individuals and organizations within their communities, fostering growth and development through educational aid and charitable investments.
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Impact
October, 2024
The Schmidt Community Fund actively invests in individuals and organizations to enhance educational opportunities and community well-being. Through their scholarships and grants, they empower public school students by providing financial assistance based on academic performance and financial need. This support not only fosters individual growth but also strengthens community ties by funding programs that align with the values and mission of the Schmidt family. Their commitment to education and community service enables a lasting impact, addressing the diverse needs of citizens in Traverse City, MI, and beyond.
This information is meant to be a general summary of Schmidt Community Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $164,159
Assets and Liabilities:
- Total Assets: $124,317
- Total Liabilities: $500
- Net Assets: $123,817
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Organization Details
Phone
(231) 929-2300Principal Officer
Michael Schmidt
Main Address
522 E FRONT STREET, TRAVERSE CITY, MI, 49686
Website
www.schmidtcommunityfund.orgNTEE Category
Code: B82 - Education
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