Private foundation · EIN 23-7423942 · Rochester, Minnesota

Carl and Verna Schmidt Foundation

Should you approach them?

Yes, approach them if you're in Minnesota. The foundation accepts applications (No deadlines) and its median grant is $2.0M.

From the 2024 Form 990-PF: 1 grants paid, $2.0M total, median $2.0M. 100% of grants stayed in Minnesota. Stated restrictions: General restrictions: Section 501(c)(3)organization one request per calendar year

Accepts applications
Yes
per 990-PF Part XV
Grants paid, 2024
1
$2.0M
Median grant
$2.0M
Stays in MN
100%
of grants
Deadline
No deadlines
Assets
$44M

How to apply

By application only; telephone applications are not accepted. Brief description of purpose, location and amount of request on foundation's grant application form. Contact: Carl and Verna Schmidt Foundation, Po Box 638, Rochester, Mn, 5072852517 Deadlines: No deadlines Restrictions: General restrictions: Section 501(c)(3)organization one request per calendar year

Quoted from Part XV of the foundation's 2024 Form 990-PF; the full text is in the filing. Confirm on the foundation's website before you write.

Grants paid in 2024

1 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Schedule of GrantsRochester, MNSee schedule attached$2.0M

About this foundation

Carl and Verna Schmidt Foundation is a private grantmaking foundation in Rochester, Minnesota, tax-exempt since 1958. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Carl and Verna Schmidt Foundation accept grant applications?

Yes. On its 2024 Form 990-PF the foundation indicates it accepts applications. By application only; telephone applications are not accepted. Brief description of purpose, location and amount of request on foundation's grant application form. Deadlines: No deadlines.

How much does Carl and Verna Schmidt Foundation give each year?

In tax year 2024 it paid $2.0M across 1 grants, a median of $2.0M.

Where does Carl and Verna Schmidt Foundation give?

Minnesota (1 grants), per its latest filing.

More foundations near Rochester that accept applications

All in Minnesota
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Remick Family Foundationsince 2005 Rochester, MN $1.8M19 grants · 2025 $75KPreselected only $44M
Charles and Marlys Elliott Foundationsince 2022 Rochester, MN $145K4 grants · 2025 $18KPreselected only $7.6M
Joyce Family Foundationsince 1996 Rochester, MN $8,1505 grants · 2025 $500Preselected only $3.5M
Alder Branch Foundation Incsince 2025 Rochester, MN $111K5 grants · 2025 $15KPreselected only $3.0M
William E Bradley Research Foundationsince 2003 Rochester, MN $380K1 grants · 2024 $380KPreselected only $2.9M
Poterucha Family Foundationsince 1977 Rochester, MN $128K17 grants · 2025 $5,000Yes $2.4M
Vance Lee Prigge Foundationsince 2024 Rochester, MN $52K22 grants · 2025 $2,500Preselected only $2.0M
M E Muller Foundation of North America Incsince 1984 Rochester, MN — —Preselected only $1.8M
Email me matching grants