Nonprofit · EIN 68-0422838
THEODORE AND ELIZABETH SCHMIDT FAMILY FOUNDATION
Tax-exempt · PROVO, UT 84604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $136,932 | $157,397 | -$20,465 | $2,049,834 | $0 | $2,049,834 |
| December 31, 2024 | 990-PF | $137,004 | $176,363 | -$39,359 | $2,070,299 | $0 | $2,070,299 |
| December 31, 2023 | 990-PF | $150,562 | $181,715 | -$31,153 | $2,109,658 | $0 | $2,109,658 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $122,877
- Net gain from sales of assets
- $14,055
Expenses
- Grants and similar amounts paid
- $123,225
- Disbursements for charitable purposes
- $123,225
- Excise tax on investment income
- $1,486
Balance sheet and other
- Total assets, start of year
- $2,070,299
- Total assets, end of year
- $2,049,834
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,049,834
- Fair market value of assets
- $5,855,949
- Qualifying distributions
- $123,225
- Net investment income
- $136,932
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THEODORE G SCHMIDT JR 2115 CONNOR PARK COVE, SALT LAKE CITY, UT 84109 | President | 0 | $0 |
| SANDEFUR SCHMIDT 501 E NORMANDY DR, PROVO, UT 846045956 | Treasurer | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THEODORE G SCHMIDT JR 2115 CONNOR PARK COVE, SALT LAKE CITY, UT 84109 | President | 0 | $0 |
| SANDEFUR SCHMIDT 501 E NORMANDY DRIVE, PROVO, UT 84604 | Treasurer | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THEODORE G SCHMIDT JR 2115 CONNOR PARK COVE, SALT LAKE CITY, UT 84109 | President | 0 | $0 |
| SANDEFUR SCHMIDT 501 E NORMANDY DRIVE, PROVO, UT 84604 | Treasurer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 501 E NORMANDY DR, PROVO, UT 84604-5956
- In care of
- % THEODORE G SCHMIDT JR
- Signed the 990-PF
- SANDEFUR SCHMIDT, Treasurer
- Phone
- (801) 361-1075
- Return prepared by
- WEAVER CALL & HOUSE LC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 68-0422838
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Housing and shelter (L11)
- Assets (IRS master file)
- $2,049,834
- Income (IRS master file)
- $538,085
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $136,932 | $157,397 | $2,049,834 | IRS |
| 990-PF | December 2024 | $137,004 | $176,363 | $2,070,299 | IRS |
| 990-PF | December 2023 | $150,562 | $181,715 | $2,109,658 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | July 2018 | – | – | – | 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 68-0422838).
Questions about THEODORE AND ELIZABETH SCHMIDT FAMILY FOUNDATION
- What is the EIN of THEODORE AND ELIZABETH SCHMIDT FAMILY FOUNDATION?
- The employer identification number (EIN) of THEODORE AND ELIZABETH SCHMIDT FAMILY FOUNDATION is 68-0422838.
- Is THEODORE AND ELIZABETH SCHMIDT FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to THEODORE AND ELIZABETH SCHMIDT FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THEODORE AND ELIZABETH SCHMIDT FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THEODORE AND ELIZABETH SCHMIDT FAMILY FOUNDATION 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 THEODORE AND ELIZABETH SCHMIDT FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of THEODORE AND ELIZABETH SCHMIDT FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does THEODORE AND ELIZABETH SCHMIDT FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $136,932, expenses of $157,397 and total assets of $2,049,834 at year end.
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