funder logo

THE WALTER E SCHMID FAMILY FOUNDATION

THE WALTER E SCHMID FAMILY FOUNDATION

WILMINGTON, DE, US
501(c)(3)
EIN
81-6908327
Private Foundation
Regional Funder
Family Foundation
funder logo

THE WALTER E SCHMID FAMILY FOUNDATION

WILMINGTON, DE, US
501(c)(3)
EIN
81-6908327
Private Foundation
Regional Funder
Family Foundation

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$911,945

Investments
88%
Other
12%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$1,359,791

Grants
77%
Salaries & Benefits
15%
Fees to Service Providers
7%
Other
1%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$693,665
$798,410
+15%
Other
$121,107
$113,535
-6%
Total Revenues
$814,772
$911,945
+12%
Expenses
2023
2024
Change
Grants
$910,000
$1,053,000
+16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$178,883
$199,336
+11%
Fees to Service Providers
$85,009
$92,630
+9%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$11,033
$14,825
+34%
Total Expenses
$1,184,925
$1,359,791
+15%
Net income
2023
2024
Change
Net income
-$370,153
-$447,846
-21%
Income Statement
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