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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education The Schmidt Family Foundation

The Schmidt Family Foundation

Fiscal year ending 2024. Filed on November 17, 2025.

555 Bryant Street 370
508
Palo Alto, California 94301

The Schmidt Family Foundation (EIN: 20-4170342) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, The Schmidt Family Foundation, a 501(c)(3) charitable organization, reported compensation for 8 employees. Among the employees shown here, the average compensation is $570,060. The highest compensated employee at The Schmidt Family Foundation is Joseph Sciortino with fiscal year 2024 compensation of $570,060.

Revenue, expenses, and employee compensation

Revenue

$103,699,636

Expenses

$227,730,180

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Joseph Sciortino
Executive Director and Director
$570,060
$530,010 No related comp$40,050
Amy Rao
Director
$0
Sophie Schmidt
Director
$0
Maria Seferian
General Counsel/Director
$0
Eric Schmidt
Director
$0
Frances Babb
Secretary
$0
Jeanne Huey
Chief Financial Officer
$0
Wendy Schmidt
President and Director
$0

Benchmark Employee Compensation

Revisions to this organization profile

November 17, 2025:
2024 The Schmidt Family Foundation 990 filed
November 15, 2024:
2023 The Schmidt Family Foundation 990 filed
November 15, 2023:
2022 The Schmidt Family Foundation 990 filed

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John and Julie Schmidt Family Foundation
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The William J and Barbara a Schmidt Family Foundation Inc.
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Volker Schmidt Family Foundation
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