Nonprofit · EIN 31-1279071
MONSIGNOR JEROME SCHMIT CHARITABLE FOUNDATION INC
Tax-exempt · SYLVANIA, OH 43560
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $27,619 | $93,238 | -$65,619 | $590,531 | $200 | $590,331 |
| December 31, 2024 | 990 | $292,309 | $83,668 | $208,641 | $656,150 | $200 | $655,950 |
| December 31, 2023 | 990 | $91,737 | $77,418 | $14,319 | $447,509 | $200 | $447,309 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,136
- Program service revenue
- $0
- Investment income
- $26,483
- Net gain from sales of assets
- $6,565
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $81,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,862
- Program services (functional)
- $81,000
- Management and general (functional)
- $12,238
Balance sheet and other
- Total assets, start of year
- $656,150
- Total assets, end of year
- $590,531
- Total liabilities, end of year
- $200
- Net assets, end of year
- $590,331
- Publicly traded securities
- $587,297
- Gross receipts
- $101,746
- Employees
- 0
- Year formed
- 1989
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT J SAVAGE | OFFICERTRUSTEE Trustee or director | 0 | $0 |
| STEPHEN D TAYLOR | OFFICERTRUSTEE Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT J SAVAGE | OFFICERTRUSTEE Trustee or director | 0 | $0 |
| STEPHEN D TAYLOR | OFFICERTRUSTEE Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT J SAVAGE | OFFICER/TTEE Trustee or director | 0 | $0 |
| STEPHEN D TAYLOR | OFFICER/TTEE Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 6711 MONROE STREET STE STE A, SYLVANIA, OH 43560-1993
- In care of
- % SCOTT SAVAGE
- Signed the 990
- SCOTT SAVAGE, OFFICERTRUSTEE
- Phone
- (419) 885-2626
- Return prepared by
- RAYNER FOOS KRUSE & IRWIN INC
Mission
THE PRIMARY PURPOSE OF THE MONSIGNOR JEROME SCHMIT FOUNDATION IS TO PROVIDE FINANCIAL SUPPORT TO OR FOR ORGANIZATIONS WHICH ENGAGE IN ACTIVITES IN SUPPORT OF THE POOR, ESTABLISHMENT AND CONTINUATION OF THE ARTS AND LITERATURE & THE BETTERMENT OF THE GREATER TOLEDO AREA COMMUNITY
Program accomplishments
- CATHOLIC CLUBExpenses $25,000 · grants $25,000
- CATHOLIC YOUTH ORGANIZATIONExpenses $20,000 · grants $20,000
- CAMPUS MINISTRYExpenses $15,000 · grants $15,000
- ST JOHNS JESUITExpenses $6,000 · grants $6,000
- CENTRAL CATHOLIC HIGH SCHOOLExpenses $3,000 · grants $3,000
- ST FRANCIS DESALES HIGH SCHOOLExpenses $3,000 · grants $3,000
- CARDINAL STRITCH HIGH SCHOOLExpenses $3,000 · grants $3,000
- NOTRE DAME ACADEMYExpenses $3,000 · grants $3,000
- ST URSULA ACADEMYExpenses $3,000 · grants $3,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1279071
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $590,531
- Income (IRS master file)
- $101,746
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $27,619 | $93,238 | $590,531 | XML |
| 990 | December 2024 | $292,309 | $83,668 | $656,150 | IRS |
| 990 | December 2023 | $91,737 | $77,418 | $447,509 | XML |
| 990 | December 2022 | $17,675 | $68,003 | $510,861 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1279071).
Questions about MONSIGNOR JEROME SCHMIT CHARITABLE FOUNDATION INC
- What is the EIN of MONSIGNOR JEROME SCHMIT CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of MONSIGNOR JEROME SCHMIT CHARITABLE FOUNDATION INC is 31-1279071.
- Is MONSIGNOR JEROME SCHMIT CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to MONSIGNOR JEROME SCHMIT CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONSIGNOR JEROME SCHMIT CHARITABLE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MONSIGNOR JEROME SCHMIT CHARITABLE FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MONSIGNOR JEROME SCHMIT CHARITABLE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of MONSIGNOR JEROME SCHMIT CHARITABLE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does MONSIGNOR JEROME SCHMIT CHARITABLE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $27,619, expenses of $93,238 and total assets of $590,531 at year end.
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