Indiana · Nonprofit
SAM SCHMIDT FOUNDATION
SAM SCHMIDT FOUNDATION (Indiana) receives grants from 23 organizations whose IRS filings report $16,891,291 to it, the largest being RAYMOND JAMES CHARITABLE ENDOWMENT FUND ($13,267,655). 10 of them have funded it in more than one year, and 86% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $13M
- Funders on record
- 23
- Grants received
- $17M
- Net assets
- $33M
What Sam Schmidt Foundation does
Mission
The organization is committed to finding treatments and/or cures for spinal cord injuries and/or paralysis. The schmidt family has made a multi-year commitment to underwrite all of conquer paralysis now's administrative costs to ensure that 100% of every dollar donated to the foundation will go directly to finding treatments and/or cures for spinal cord injuries and/or paralysis.
As stated on its FY2024 Form 990.
Program
The organization provides rehabilitation and therapy services to patients and recognizes service income from those patients at the time services are rendered.
$1,785,908 spentof which $125,001 as grants$304,258 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,785,908.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $4.6M to $23M (+399%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 5% · 2022 15%. Grants only. Government contracts and fees sit inside program revenue.
90% of SAM SCHMIDT FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Sam Schmidt
Chairman of the board
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2017 and FY2018, and between the FY2018 and FY2019, and between the FY2019 and FY2020 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 7 funders, grant income rose $267k → $4.9M.
12 of 23 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 86% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of SAM SCHMIDT FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SAM SCHMIDT FOUNDATION leans on a few funders — its largest provides 79% of grant income and the top three 92%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
86% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SAM SCHMIDT FOUNDATION.
Largest funder’s share by year: 2017 75% · 2018 77% · 2019 40% · 2020 68% · 2021 77% · 2022 61% · 2023 88% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
38% of SAM SCHMIDT FOUNDATION's funders are still giving 3 years after their first grant; 43% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
86% of SAM SCHMIDT FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2.4M that is directly attributable, 99% of it comes from funders outside Indiana, across 9 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $14M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
SAM SCHMIDT FOUNDATION runs a healthier operating margin than three-quarters of the 4,580 health nonprofits its size.
this organization peer median middle 50% of peers· 4,580 health nonprofits $10M–$100M, FY2024
Organizations like SAM SCHMIDT FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
75% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 27 states
Screen this organization
A dated, signed PDF of the compliance screen for SAM SCHMIDT FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SAM SCHMIDT FOUNDATION?
- SAM SCHMIDT FOUNDATION (Indiana) receives grants from 23 organizations whose IRS filings report $16,891,291 to it, the largest being RAYMOND JAMES CHARITABLE ENDOWMENT FUND ($13,267,655). 10 of them have funded it in more than one year, and 86% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does SAM SCHMIDT FOUNDATION have?
- IRS filings report 23 organizations giving $16,891,291 in grants to SAM SCHMIDT FOUNDATION, 10 of which have funded it in more than one year.
- Who is the largest funder of SAM SCHMIDT FOUNDATION?
- RAYMOND JAMES CHARITABLE ENDOWMENT FUND is the largest funder on record, with $13,267,655 in grants. The full list of funders is on this page.
- How can an organization like SAM SCHMIDT FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 23 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing