THE WILLIAM J AND BARBARA A SCHMIDT FAMILY FOUNDATION INC

EIN 391869271 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$117K
at fiscal year end
Grants out
$431K
from DAF accounts
Contributions in
$50K
received into DAFs
Payout rate
368.1%
median is 12.5%
Accounts
4
funds held at year end
Average account
$29K
assets per fund

At 368.1%, this sponsor granted several times its year-end balance. That is the signature of a pass-through platform: contributions are routed onward almost immediately, so little is ever held.

DAF assets by year

$538K
FY2019
$1.3M
FY2020
$1.2M
FY2021
$436K
FY2022
$117K
FY2023

Grants paid by year

$439K
FY2019
$478K
FY2020
$226K
FY2021
$544K
FY2022
$431K
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 89 grant lines totalling $5.3M across 2019–2024 — $60K per line.

$432K of this sponsor’s grants went to other DAF sponsors — 8% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Chicago Jesuit AcademyEIN 202091040 IL$933K
Community Foundation Of The Fox Valley Region runs a DAF programEIN 391548450 WI$432K
Pillars IncEIN 391582471 WI$425K
Ann & Robert H Lurie Children's Hospital of ChicagoEIN 362170833 IL$385K
Chiaravall Montessouri SchoolEIN 362580506 IL$366K
Connections for the HomelessEIN 363346917 IL$363K
Kenya Works IncEIN 050623727 WI$236K
Revolution WorkshopEIN 822354651 IL$210K
First Congregational United Church Of ChristEIN 390816821 WI$198K
CotsEIN 391913179 WI$195K
Us Venture Associates Caring Together Fund IncEIN 475297306 WI$175K
Leaven IncEIN 391572168 WI$175K
Riverview Gardens IncEIN 463208900 WI$174K
St Francis Xavier Catholic School System IncEIN 752975177 WI$110K
North Shore Country Day SchoolEIN 361558460 IL$110K

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.