WILLIAM E SCHMIDT FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- WILLIAM E SCHMIDT FOUNDATION INC (EIN 35-1884241)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-14
- IRS object ID
- 202531359349100403
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-14T23:48:53-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 351346211 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARDING SHYMANSKI & CO PSC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3677 | AddressLine1Txt |
| City | EVANSVILLE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47735 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351884241 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM E SCHMIDT FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 8124649161 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6783 | AddressLine1Txt |
| City | EVANSVILLE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 477190783 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHESTER SCHMIDT | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 8124649161 | PhoneNum |
| Signature | 2025-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHELE R GRAHAM | PreparerPersonNm |
| PTIN | P00742467 | PTIN |
| Phone | 8124649161 | PhoneNum |
| Preparation | 2025-05-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $49,529,693 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $800 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2,975 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,975 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $749,901 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $749,901 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,588,623 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,119,215 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,588,623 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $173,627 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $124,661 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,515,926 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,466,160 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $84,750 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $17,200 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $67,550 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $213,388 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $213,388 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $27,479 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $27,479 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,334 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,179 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $155 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $61,880 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $10,477 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $51,403 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $68,248 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,000 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $67,248 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $57,181 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $24 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $16,806 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,377 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $1,377 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $8,450 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $8,450 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,331,811 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $146,605 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,185,206 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,855,898 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $177,862 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,637,685 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $412,666 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $412,666 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,268,564 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $177,862 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,050,351 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $247,362 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,288,298 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $672,725 | CashBOYAmt |
| Cash EOY | $342,147 | CashEOYAmt |
| Cash EOYFMV | $342,147 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $81,205 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $114,230 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $81,205 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $81,205 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $16,173,924 | CorporateStockBOYAmt |
| Corporate Stock EOY | $14,392,808 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $29,120,603 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $17,119,684 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $19,514,063 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $19,926,373 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $10,476 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,681 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,171 | LandBOYAmt |
| Land EOY | $1,795 | LandEOYAmt |
| Land EOYFMV | $1,795 | LandEOYFMVAmt |
| Other Assets BOY | $63,891 | OtherAssetsBOYAmt |
| Other Assets EOY | $57,570 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $57,570 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $34,147,625 | TotalAssetsBOYAmt |
| Total Assets EOY | $34,389,588 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $49,529,693 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $7,530 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $8,427 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $8,108 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,812 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $15,638 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,239 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $34,131,987 | RetainedEarningBOYAmt |
| Retained Earning EOY | $34,379,349 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $34,131,987 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $34,379,349 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $34,147,625 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $34,389,588 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $34,131,987 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $247,362 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $34,379,349 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $34,379,349 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (82 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| UNITED STATES TREASURY NOTE | P | 2023-01-01 | 2024-01-02 | $200,000 | $212,633 | -$12,633 | -$12,633 |
| UNITED STATES TREASURY NOTE | P | 2023-01-01 | 2024-01-31 | $500,000 | $539,863 | -$39,863 | -$39,863 |
| CHEVRON CORP | P | 2023-01-01 | 2024-03-04 | $250,000 | $249,673 | $327 | $327 |
| UNITED STATES TREASURY NOTE | P | 2023-01-01 | 2024-04-30 | $500,000 | $484,102 | $15,898 | $15,898 |
| UNITED STATES TREASURY NOTE | P | 2023-01-01 | 2024-05-15 | $250,000 | $244,424 | $5,576 | $5,576 |
| US BANCORP MEDIUM TERM NOTE | P | 2023-01-01 | 2024-07-30 | $300,000 | $321,465 | -$21,465 | -$21,465 |
| UNITED STATES TREASURY NOTE | P | 2023-01-01 | 2024-08-01 | $493,301 | $493,301 | $0 | $0 |
| UNITED STATES TREASURY BILLS | P | 2023-01-01 | 2024-08-15 | $246,723 | $246,723 | $0 | $0 |
| UNITED STATES TREASURY NOTE | P | 2023-01-01 | 2024-08-15 | $500,000 | $494,199 | $5,801 | $5,801 |
| UNITED STATES TREASURY NOTE | P | 2023-01-01 | 2024-09-30 | $500,000 | $516,387 | -$16,387 | -$16,387 |
| ALPHABET INC CAP STOCK | P | 2024-01-31 | 2024-03-07 | $2,692 | $2,832 | -$140 | -$140 |
| CHEWY INC | P | 2023-10-10 | 2024-07-01 | $2,588 | $1,859 | $729 | $729 |
| CROWSTRIKE HOLDINGS INC | P | 2024-08-05 | 2024-08-29 | $2,781 | $2,167 | $614 | $614 |
| CROWSTRIKE HOLDINGS INC | P | 2024-08-05 | 2024-11-07 | $3,248 | $2,167 | $1,081 | $1,081 |
| DELL TECHNOLOGIES INC | P | 2024-08-12 | 2024-08-29 | $2,244 | $1,928 | $316 | $316 |
| DELL TECHNOLOGIES INC | P | 2024-08-12 | 2024-11-11 | $4,148 | $2,892 | $1,256 | $1,256 |
| DELL TECHNOLOGIES INC | P | 2024-08-12 | 2024-11-11 | $2,043 | $1,446 | $597 | $597 |
| EOG RESOURCES INC | P | 2023-03-24 | 2024-03-07 | $1,146 | $1,000 | $146 | $146 |
| ISHARES CORE S&P 500 | P | 2024-07-16 | 2024-07-16 | $5,673 | $4,352 | $1,321 | $1,321 |
| PAYCOM SOFTWARE INC | P | 2023-08-04 | 2024-06-06 | $14,511 | $29,061 | -$14,550 | -$14,550 |
| PAYCOM SOFTWARE INC | P | 2024-05-02 | 2024-06-06 | $14,511 | $16,542 | -$2,031 | -$2,031 |
| UNITED PARCEL SERVICE INC | P | 2023-09-21 | 2024-05-28 | $1,367 | $1,555 | -$188 | -$188 |
| UNITED PARCEL SERVICE INC | P | 2023-11-03 | 2024-05-28 | $1,640 | $1,716 | -$76 | -$76 |
| UNITEDHEALTH GROUP INC | P | 2023-06-20 | 2024-03-07 | $11,944 | $11,711 | $233 | $233 |
| VISTA OUTDOOR INC | P | 2023-05-23 | 2024-04-01 | $13,032 | $9,756 | $3,276 | $3,276 |
| ADOBE INC | P | 2022-06-10 | 2024-06-05 | $13,796 | $11,811 | $1,985 | $1,985 |
| ALPAHBET INC CAP STOCK | P | 2022-05-10 | 2024-03-07 | $14,650 | $12,606 | $2,044 | $2,044 |
| ALPAHBET INC CAP STOCK | P | 2022-10-11 | 2024-03-07 | $17,667 | $12,916 | $4,751 | $4,751 |
| AUTONATION INC | P | 2022-10-07 | 2024-07-16 | $1,819 | $1,006 | $813 | $813 |
| AUTONATION INC | P | 2022-10-07 | 2024-09-19 | $1,776 | $1,006 | $770 | $770 |
| BLACKSTONE INC | P | 2022-05-09 | 2024-07-22 | $1,401 | $949 | $452 | $452 |
| BLACKSTONE INC | P | 2022-05-09 | 2024-07-23 | $1,433 | $949 | $484 | $484 |
| BLACKSTONE INC | P | 2022-05-09 | 2024-09-12 | $2,937 | $1,889 | $1,048 | $1,048 |
| BLACKSTONE INC | P | 2022-05-09 | 2024-09-16 | $1,532 | $945 | $587 | $587 |
| BLACKSTONE INC | P | 2022-05-09 | 2024-09-19 | $2,397 | $1,417 | $980 | $980 |
| BLACKSTONE INC | P | 2022-05-09 | 2024-11-11 | $3,645 | $1,880 | $1,765 | $1,765 |
| BLACKSTONE INC | P | 2022-05-09 | 2024-11-19 | $2,787 | $1,410 | $1,377 | $1,377 |
| BLACKSTONE INC | P | 2022-05-09 | 2024-11-25 | $236 | $114 | $122 | $122 |
| BLACKSTONE INC | P | 2022-09-23 | 2024-11-25 | $3,674 | $1,485 | $2,189 | $2,189 |
| CHEWY INC | P | 2023-10-10 | 2024-11-19 | $32,780 | $18,590 | $14,190 | $14,190 |
| EOG RESOURCES INC | P | 2022-04-25 | 2024-03-07 | $6,285 | $5,824 | $461 | $461 |
| EOG RESOURCES INC | P | 2022-12-09 | 2024-03-07 | $971 | $1,000 | -$29 | -$29 |
| HOME DEPOT INC | P | 2022-04-26 | 2024-02-07 | $3,634 | $3,002 | $632 | $632 |
| HOME DEPOT INC | P | 2022-04-26 | 2024-11-25 | $5,137 | $3,603 | $1,534 | $1,534 |
| INVESCO EXCHANGE TRADED FD TR S&P500 | P | 2022-12-22 | 2024-06-12 | $40,296 | $34,000 | $6,296 | $6,296 |
| INVESCO EXCHANGE TRADED FD TR S&P500 | P | 2022-12-30 | 2024-06-12 | $1,183 | $1,000 | $183 | $183 |
| INVESCO EXCHANGE TRADED FD TR S&P500 | P | 2023-01-04 | 2024-06-12 | $115,932 | $100,000 | $15,932 | $15,932 |
| INVESCO EXCHANGE TRADED FD TR S&P500 | P | 2023-03-17 | 2024-06-12 | $8,290 | $6,956 | $1,334 | $1,334 |
| ISHARES CORE S&P 500ETF | P | 2023-09-25 | 2024-12-04 | $54,842 | $39,166 | $15,676 | $15,676 |
| ISHARES RUSSELL SM MID CAP INDEX | P | 2020-02-12 | 2024-09-30 | $1,715,625 | $1,362,224 | $353,401 | $353,401 |
| KINDER MORGAN INC | P | 2022-06-16 | 2024-03-07 | $18,580 | $16,118 | $2,462 | $2,462 |
| MATCH GROUP INC | P | 2022-08-03 | 2024-08-29 | $1,118 | $1,905 | -$787 | -$787 |
| MATCH GROUP INC | P | 2022-08-03 | 2024-12-19 | $7,773 | $15,875 | -$8,102 | -$8,102 |
| MATCH GROUP INC | P | 2023-04-12 | 2024-12-19 | $12,436 | $14,003 | -$1,567 | -$1,567 |
| SPDR S&P 500 ETF | P | 2022-03-28 | 2024-01-29 | $9,779 | $9,098 | $681 | $681 |
| SPDR S&P 500 ETF | P | 2022-03-28 | 2024-02-02 | $4,946 | $4,549 | $397 | $397 |
| SPDR S&P 500 ETF | P | 2022-03-28 | 2024-02-12 | $7,518 | $6,824 | $694 | $694 |
| SPDR S&P 500 ETF | P | 2022-03-28 | 2024-02-26 | $254,025 | $227,455 | $26,570 | $26,570 |
| SPDR S&P 500 ETF | P | 2022-03-28 | 2024-04-04 | $10,470 | $9,098 | $1,372 | $1,372 |
| UNITED PARCEL SERVICE INC | P | 2023-04-25 | 2024-05-28 | $15,036 | $19,566 | -$4,530 | -$4,530 |
| UNITED STATES TREASURY SER | P | 2021-02-16 | 2024-10-31 | $500,000 | $500,000 | $0 | $0 |
| UNITED STATES TREASURY SER | P | 2021-08-26 | 2024-12-31 | $500,000 | $500,000 | $0 | $0 |
| VANGUARD 500 INDEX ADMIRAL | P | 2015-09-11 | 2024-09-30 | $1,199,970 | $414,871 | $785,099 | $785,099 |
| VANGUARD 500 INDEX ADMIRAL | P | 2015-09-11 | 2024-10-14 | $49,970 | $16,991 | $32,979 | $32,979 |
| VANGUARD 500 INDEX ADMIRAL | P | 2015-09-11 | 2024-11-06 | $249,970 | $83,926 | $166,044 | $166,044 |
| VANGUARD 500 INDEX ADMIRAL | P | 2015-09-11 | 2024-11-07 | $99,970 | $33,322 | $66,648 | $66,648 |
| VANGUARD 500 INDEX ADMIRAL | P | 2015-09-11 | 2024-11-08 | $99,970 | $33,190 | $66,780 | $66,780 |
| VANGUARD 500 INDEX ADMIRAL | P | 2015-09-11 | 2024-11-26 | $49,970 | $16,510 | $33,460 | $33,460 |
| VANGUARD 500 INDEX ADMIRAL | P | 2015-09-11 | 2024-11-29 | $99,970 | $32,956 | $67,014 | $67,014 |
| WILLIAMS SONOMA INC | P | 2022-05-18 | 2024-03-07 | $24,845 | $10,927 | $13,918 | $13,918 |
| CALL BX | P | 2024-02-29 | 2024-03-01 | $590 | $1,701 | -$1,111 | -$1,111 |
| CALL BX | P | 2024-03-07 | 2024-03-08 | $1,049 | $922 | $127 | $127 |
| CALL CHWY | P | 2024-11-19 | 2024-11-20 | $3,923 | $10,707 | -$6,784 | -$6,784 |
| CALL GOOGL | P | 2024-03-07 | 2024-03-08 | $1,121 | $1,921 | -$800 | -$800 |
| CALL MTCH | P | 2024-06-05 | 2024-06-06 | $2,172 | $493 | $1,679 | $1,679 |
| CALL PAYC | P | 2024-06-06 | 2024-06-07 | $2,831 | $1,707 | $1,124 | $1,124 |
| CALL PAYC | P | 2024-06-06 | 2024-06-07 | $2,912 | $100 | $2,812 | $2,812 |
| CALL SPY | P | 2024-02-07 | 2024-02-08 | $1,485 | $5,162 | -$3,677 | -$3,677 |
| CALL SPY | P | 2024-06-12 | 2024-06-13 | $2,737 | $5,222 | -$2,485 | -$2,485 |
| CALL SPY | P | 2024-10-01 | 2024-10-02 | $2,437 | $4,398 | -$1,961 | -$1,961 |
| CALL WDAY | P | 2024-06-05 | 2024-06-06 | $1,861 | $302 | $1,559 | $1,559 |
| CALL WSM | P | 2024-03-07 | 2024-03-08 | $1,464 | $11,271 | -$9,807 | -$9,807 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,588,623 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $31,807 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $31,807 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $31,807 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $16,200 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $16,200 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $428 | EsPenaltyAmt |
| Tax Due | $16,035 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | SCHMIDTCOMPETITION.ORG | WebsiteAddressTxt |
| Individual With Books | HARDING SHYMANSKI CO PSC | IndividualWithBooksNm |
| Phone | 8124649161 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 SE THIRD ST STE 500 | AddressLine1Txt |
| City | EVANSVILLE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47708 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| CHESTER SCHMIDT | ||||||||
| PO BOX 6783 | EVANSVILLE | IN | 477190783 | CHAIRMAN | 1.00 | $12,000 | $0 | $0 |
| DOUGLAS SCHMIDT | ||||||||
| PO BOX 6783 | EVANSVILLE | IN | 477190783 | TREASURER | 1.00 | $12,000 | $0 | $0 |
| J MICHAEL SMALL | ||||||||
| PO BOX 6783 | EVANSVILLE | IN | 477190783 | SECRETARY | 1.00 | $12,000 | $0 | $0 |
| LISA HAMILTON | ||||||||
| PO BOX 6783 | EVANSVILLE | IN | 477190783 | PRESIDENT | 1.00 | $12,000 | $0 | $0 |
| CHESTER SCHMIDT IV | ||||||||
| PO BOX 6783 | EVANSVILLE | IN | 477190783 | BOARD MEMBER | 1.00 | $12,000 | $0 | $0 |
| JANET PETERSON | ||||||||
| PO BOX 6783 | EVANSVILLE | IN | 477190783 | BOARD MEMBER | 1.00 | $12,000 | $0 | $0 |
| CHRISTINE GOERKE HOLLOWAY | ||||||||
| PO BOX 6783 | EVANSVILLE | IN | 477190783 | BOARD MEMBER | 1.00 | $12,750 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $43,901,682 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,475,008 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $129,729 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $47,506,419 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $47,506,419 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $712,596 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $46,793,823 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,339,691 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,339,691 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $31,807 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $31,807 | TotalTaxAmt |
| Distributable Before Adj | $2,307,884 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,307,884 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,307,884 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,050,351 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,050,351 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,307,884 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,862,004 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,050,351 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,862,004 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $188,347 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $2,119,537 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | LINDA MCALISTER EXECUTIVE DIRECTOR | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 EAST 5TH STREET SUITE 406 | AddressLine1Txt |
| City | COVINGTON | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 41011 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5137832583 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATION AND RULES ARE AVAILABLE FROM THE FOUNDATION WEBSITE: WWW.SCHMIDTCOMPETITION.ORG. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | APPLICATION DEADLINES ARE DISCLOSED AND ANNUALLY ON THE FOUNDATION WEBSITE AND APPLICATION. | SubmissionDeadlinesTxt |
| Restrictions On Awards | HIGH SCHOOL SOPHOMORES, JUNIORS, OR SENIORS FROM AREAS WHERE COMPETITIONS ARE HELD WITH WRITTEN RECOMMENDATION BY CHORAL DIRECTOR OR VOCAL TEACHER. FOR INFORMATION CONTACT: SCHMIDTCOMPINFO@GMAIL.COM | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (35 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| ARAPAHO UNITED METHODIST CHURCH | |||||||
| 1400 W ARAPAHO RD | RICHARDSON | TX | 75080 | PC | DONATION | $5,000 | |
| BEA GADDY FAMILY CENTERS INC | |||||||
| 425 N CHESTER ST | BALTIMORE | MD | 21231 | PC | DONATION | $5,000 | |
| BUTLER UNIVERSITY | |||||||
| 4600 SUNSET AVE | INDIANAPOLIS | IN | 46208 | PC | DONATION | $2,000 | |
| DAN SCISM COLLEGE SCHOLARSHIP FUND | |||||||
| 601 PFEIFFER RD | EVANSVILLE | IN | 47711 | PC | SCHOLARSHIP SPONSOR | $25,000 | |
| DREAM CENTER EVANSVILLE | |||||||
| 1516 N MAIN ST | EVANSVILLE | IN | 47711 | PC | DONATION | $15,000 | |
| EVANSVILLE PHILHARMONIC ORCHESTRA | |||||||
| 20 NW 3RD ST 500 | EVANSVILLE | IN | 47708 | PC | DONATION | $10,000 | |
| EPISCOPAL SCHOOL OF NASHVILLE | |||||||
| 1310 ORDWAY PL | NASHVILLE | TN | 37206 | PC | DONATION | $1,250 | |
| GRACE UNITED METHODIST CHURCH | |||||||
| 3012 S TWYCKENHAM DR | SOUTH BEND | IN | 46614 | PC | DONATION | $1,000 | |
| GREAT LAKES CHAMBER MUSIC FESTIVAL | |||||||
| 24901 NORTHWESTERN HIGHWAY SUITE | SOUTHFIELD | MI | 48075 | PC | DONATION | $3,000 | 312 |
| HELEN B GOODLIN FOUNDATION | |||||||
| C/O HUA WANG TREASURER 13290 | SAN DIEGO | CA | 92129 | PC | CONTEST FUNDS | $10,000 | TRAILHEAD PLACE |
| MANATEE TECHNICAL COLLEGE | |||||||
| 6305 FL-70 | BRADENTON | FL | 34203 | PC | DONATION | $20,000 | |
| MATTHEW 25 INC | |||||||
| 101 NW 1ST ST 215 | EVANSVILLE | IN | 47713 | PC | DONATION | $500 | |
| MATTINGLY CHARITIES | |||||||
| 2 CORPORATE DRIVE STE 923 | SHELTON | CT | 06484 | PC | GRANT | $8,000 | |
| MIAMI UNIVERSITY | |||||||
| 501 E HIGH ST | OXFORD | OH | 45056 | PC | DONATION | $25,000 | |
| NASHVILLE ADULT LITERACY COUNCIL INC | |||||||
| 4805 PARK AVE | NASHVILLE | TN | 37209 | PC | DONATION | $250 | |
| NAVY LEAGUE MEMPHIS COUNCIL | |||||||
| 2095 EXESTER RD SUITE 80-377 | GERMANTOWN | TN | 38138 | PC | DONATION | $5,000 | |
| NETWORK OF COMMUNITY MINISTRIES | |||||||
| 1500 INTERNATIONAL PKWY STE 300 | RICHARDSON | TX | 75081 | PC | DONATION | $1,000 | |
| NORTH UNITED METHODIST CHURCH | |||||||
| 4201 STRINGTOWN ROAD | EVANSVILLE | IN | 47711 | PC | DONATION | $2,000 | |
| OPERA ON TAP | |||||||
| 190 OCEAN PARKWAY 3 | BROOKLYN | NY | 11218 | PC | DONATION | $5,000 | |
| PALM BEACH ATLANTIC UNIVERSITY | |||||||
| 901 S FLAGLER DR | WEST PALM BEACH | FL | 33401 | PC | DONATION | $5,000 | |
| SARASOTA OPERA ASSOCIATION | |||||||
| 1 N PINEAPPLE AVE | SARASOTA | FL | 34236 | PC | YOUTH OPERA PLEDGE | $105,000 | |
| ST DAVID'S EPISCOPAL CHURCH | |||||||
| 6501 PENNYWELL DR | NASHVILLE | TN | 37205 | PC | DONATION | $516 | |
| ST LUKE'S COMMUNITY HOUSE | |||||||
| 5601 NEW YORK AVE | NASHVILLE | TN | 37209 | PC | GRANT | $250 | |
| STUDIO TENN THEATRE COMPANY | |||||||
| 230 FRANKLIN RD | FRANKLIN | TN | 37064 | PC | DONATION | $9,000 | |
| SUMMER STOCK STAGE | |||||||
| PO BOX 55012 | INDIANAPOLIS | IN | 46205 | PC | DONATION | $1,000 | |
| SYNERGY WESLEY FOUNDATION | |||||||
| 3000 NORTHSIDE BLVD 2-116 | RICHARDSON | TX | 75080 | PC | DONATION | $500 | |
| TENNESSEE GOLF FOUNDATION | |||||||
| 400 FRANKLIN ROAD | FRANKLIN | TN | 37069 | PC | SCHOLARSHIP | $40,000 | |
| TRANSFORMATION LIFE CENTER | |||||||
| 395 FLOYD ACKERT ROAD | WEST PARK | NY | 12493 | PC | DONATION | $400 | |
| TRINITY UNITED METHODIST CHURCH | |||||||
| 216 SE 3RD ST | EVANSVILLE | IN | 47713 | PC | DONATION | $20,000 | |
| TRANSFORMATION NASHVILLE | |||||||
| 1319 RIVERWOOD DR | NASHVILLE | TN | 37216 | PC | DONATION | $20,000 | |
| UMOJA PARTNERSHIP INC | |||||||
| 1300 E 86TH ST | INDIANAPOLIS | IN | 46240 | PC | DONATION | $3,000 | |
| UNITED METHODIST COMMITTEE ON RELIEF | |||||||
| 458 PONCE DE LEON AVENEUE NE | ATLANTA | GA | 30308 | PC | DONATION | $1,000 | BUILDING A SUITE 1 |
| UNIVERSITY OF EVANSVILLE | |||||||
| 1800 LINCOLN AVE | EVANSVILLE | IN | 47722 | PC | DONATION | $25,000 | |
| YMCA CAMP CARSON | |||||||
| 2034 OUTER LAKE ROAD | PRINCETON | IN | 47670 | PC | MILITARY FAMILY SUPPORT | $37,500 | |
| YMCA OF METROPOLITAN DALLAS | |||||||
| 146 TOWN CENTER BLVD | COPPELL | TX | 75019 | PC | DONATION | $500 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $412,666 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,975 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $749,901 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $124,661 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,588,623 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| APPLICANT FEES | $26,676 |
| BOARD MEMBERSHIP FEES | $900 |
| SCHMIDT SUMMER INSTITUTE | $21,390 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,466,160 | ExclusionAmt |
| Related Or Exempt Function Incm | $48,966 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,515,126 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11 | LineNumberTxt |
| Relationship Statement | INCOME RECEIVED IN RELATION TO EXEMPT PURPOSE OF THE FOUNDATION | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $61,880 | Amt |
| Net Investment Income | $10,477 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $51,403 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | BONDS | BondNm |
| EOY Book Value | $19,514,063 | EOYBookValueAmt |
| EOYFMV | $19,926,373 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | COMMON STOCKS | StockNm |
| EOY Book Value | $14,392,808 | EOYBookValueAmt |
| EOYFMV | $29,120,603 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $1,334 | LegalFeesAmt |
| Net Investment Income | $1,179 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $155 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENT IN WES ENERGY RESOURCES, LLC | $61,153 | $56,971 | $56,971 |
| WEBSITE | $2,139 | $0 | $0 |
| SECURITY DEPOSIT | $599 | $599 | $599 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (20 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES | $257 | $0 | $257 |
| DUES | $3,892 | $0 | $3,892 |
| INSURANCE | $9,681 | $3,925 | $5,756 |
| INVESTMENT FEES | $139,324 | $139,324 | $0 |
| OFFICE SUPPLIES | $13,795 | $707 | $13,088 |
| POSTAGE | $10,546 | $0 | $10,546 |
| TRAVEL | $174,304 | $2,221 | $172,083 |
| ADVERTISING | $66,027 | $0 | $66,027 |
| MARKETING | $15,786 | $0 | $15,786 |
| AMORTIZATION | $2,139 | $428 | $1,711 |
| UTILITIES | $8,417 | $0 | $8,417 |
| WEBSITE | $18,563 | $0 | $18,563 |
| COMPETITION EXPENSES | $352,487 | $0 | $352,487 |
| SCHOLARSHIP PAYMENTS | $472,500 | $0 | $472,500 |
| CONFERENCES | $4,680 | $0 | $4,680 |
| SCHMIDT VOCAL INSTITUTE | $35,867 | $0 | $35,867 |
| GRANTS AWARDED | $2,836 | $0 | $2,836 |
| REGISTRATIONS | $350 | $0 | $350 |
| CONTINUING PORFESSIONAL EDUCATION | $338 | $0 | $338 |
| INTEREST EXPENSE | $22 | $0 | $22 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ROYALTY INCOME FROM WES ENERGY K-1 | $124,661 | $124,661 | $124,661 |
| APPLICANT FEES | $26,676 | $26,676 | |
| BOARD MEMBERSHIP FEES | $900 | $900 | |
| SCHMIDT SUMMER INSTITUTE | $21,390 | $21,390 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAXES WITHHELD | Desc |
| BOY Book Value | $8,108 | BOYBookValueAmt |
| EOY Book Value | $1,812 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONSULTING | $26,691 | $1,000 | $25,691 |
| IT FEES | $7,344 | $0 | $7,344 |
| PROFESSIONAL FEES | $34,213 | $0 | $34,213 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ESTIMATED PAYMENTS | $16,200 | $0 | $0 |
| TAX DUE WITH PRIOR YEAR RETURN | $22,432 | $0 | $0 |
| TAXES - OTHER | $506 | $24 | $482 |
| PAYROLL TAX | $16,324 | $0 | $16,324 |
| PENALTIES | $1,719 | $0 | $0 |
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