Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
THE WALTER E SCHMID FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)200 BELLEVUE PARKWAY SUITE 250
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE198093747
A Employer identification number

81-6908327
B Telephone number (see instructions)

(302) 793-3284
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$28,935,808J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 798,410 798,410  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 113,535
b Gross sales price for all assets on line 6a 3,217,073
7 Capital gain net income (from Part IV, line 2)... 113,535
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 911,945 911,945  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 199,336     199,336
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
92,630 92,630   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
14,825 8,825   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 306,791 101,455 0 199,336
25 Contributions, gifts, grants paid....... 1,053,000 1,053,000
26 Total expenses and disbursements. Add lines 24 and 25 1,359,791 101,455 0 1,252,336
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -447,846
b Net investment income (if negative, enter -0-) 810,490
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,038,574 890,361 890,361
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 13,038,722 Click to see attachment
List of Attached Documents:
// Content
12,121,341 		19,408,866
c Investments—corporate bonds (attach schedule)....... 6,260,957 Click to see attachment
List of Attached Documents:
// Content
6,701,342 		6,515,149
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,876,145 Click to see attachment
List of Attached Documents:
// Content
2,081,550 		2,121,432
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 22,214,398 21,794,594 28,935,808
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 22,214,398 21,794,594
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 22,214,398 21,794,594
30 Total liabilities and net assets/fund balances (see instructions). 22,214,398 21,794,594
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
22,214,398
2
Enter amount from Part I, line 27a .....................
2
-447,846
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
28,042
4
Add lines 1, 2, and 3 ..........................
4
21,794,594
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
21,794,594
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 50000. 3M COMPANY FEB 14 2024 3.25   2018-09-11 2024-02-14
b 15000. ENBRIDGE INC FEB 16 2024 0.001   2022-02-15 2024-02-16
c 18867.925 ISHARES MSCI EAFE     2024-03-11
d 1017.94 ISHARES RUSSELL 2000   2023-12-14 2024-03-11
e 27328.181 ISHARES RUSSELL 2000     2024-03-11
49.995 DFA REAL ESTATE   2023-12-11 2024-03-11
11027.007 DFA REAL ESTATE     2024-03-11
2006.318 STATE STREET HEDGED     2024-03-11
69000. BHP BILLITON FINANCE (USA) LIM SEP 8 2028 5.1     2024-03-26
23000. BANK OF AMERICA CORPORATION SEP 25 2025 0.981   2020-09-22 2024-03-26
16000. CITIGROUP INC. JUL 24 2028 3.668   2022-03-01 2024-03-26
23000. CROWN CASTLE INTERNATIONAL COR FEB 15 2028 3.8   2024-02-20 2024-03-26
57000. DOW CHEMICAL COMPANY (THE) NOV 30 2028 4.8   2022-10-12 2024-03-26
24000. ENTERGY CORP SEP 15 2025 0.9   2020-08-24 2024-03-26
16000. GENERAL MOTORS FINANCIAL COMPA APR 9 2025 4.35   2022-03-01 2024-03-26
15000. JPMORGAN CHASE & CO. MAR 13 2026 2.005   2020-03-10 2024-03-26
40000. MORGAN STANLEY JUL 22 2028 3.591   2023-12-26 2024-03-26
32000. MORGAN STANLEY JAN 24 2029 3.772   2023-12-26 2024-03-26
51000. NXP BV/NXP FUNDING LLC DEC 1 2028 5.55   2022-10-12 2024-03-26
22000. ROYAL BANK OF CANADA JAN 27 2026 4.65   2021-04-28 2024-03-26
49000. UNION PACIFIC CORPORATION SEP 10 2028 3.95   2021-09-16 2024-03-26
25000. U.S. TREASURY NOTE DEC 31 2025 2.625   2019-09-06 2024-03-26
50000. U.S. TREASURY NOTE FEB 15 2026 1.625   2018-09-13 2024-03-26
40000. U.S. TREASURY NOTE FEB 28 2026 0.5   2021-03-19 2024-03-26
130000. U.S. TREASURY NOTE MAR 31 2026 0.75   2021-04-28 2024-03-26
80000. U.S. TREASURY NOTE APR 30 2026 0.75   2021-06-17 2024-03-26
40000. CNA FINANCIAL CORPORATION MAY 15 2024 3.95   2018-08-31 2024-05-15
16000. FISERV, INC. JUL 1 2024 2.75   2019-12-17 2024-07-01
7000. BANK OF AMERICA CORPORATION SEP 25 2025 0.981   2020-09-22 2024-09-25
20000. SIMON PROPERTY GROUP, L.P. OCT 1 2024 3.375   2021-06-17 2024-10-01
85000. U.S. TREASURY NOTE OCT 31 2026 1.625   2021-02-17 2024-11-04
330000. U.S. TREASURY NOTE DEC 31 2026 1.75   2021-04-28 2024-11-04
120000. U.S. TREASURY NOTE FEB 28 2027 1.125     2024-11-04
40000. U.S. TREASURY NOTE MAR 31 2027 0.625   2021-06-17 2024-11-04
50000. U.S. TREASURY NOTE AUG 31 2027 0.5   2020-09-04 2024-11-04
50000. FHLB DEC 13 2024 2.75   2018-09-11 2024-12-13
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 50,000   49,878 122
b 15,000   15,000  
c 300,000   266,170 33,830
d 23,881   23,067 814
e 641,119   615,879 25,240
1,944   1,850 94
428,840   401,245 27,595
235,000   213,906 21,094
69,698   68,594 1,104
22,465   23,000 -535
15,219   16,462 -1,243
21,750   21,717 33
56,869   54,312 2,557
22,503   23,905 -1,402
15,806   16,276 -470
14,502   15,000 -498
38,053   38,114 -61
30,437   30,460 -23
51,777   49,364 2,413
21,756   23,293 -1,537
47,709   53,656 -5,947
24,135   25,486 -1,351
47,320   45,682 1,638
36,981   39,283 -2,302
120,483   129,437 -8,954
73,931   79,544 -5,613
40,000   40,000  
16,000   16,000  
7,000   7,000  
20,000   20,000  
80,966   86,541 -5,575
314,002   335,159 -21,157
112,092   120,016 -7,924
36,826   39,038 -2,212
45,207   50,046 -4,839
50,000   49,158 842
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
      67,802
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       122
b        
c       33,830
d       814
e       25,240
      94
      27,595
      21,094
      1,104
      -535
      -1,243
      33
      2,557
      -1,402
      -470
      -498
      -61
      -23
      2,413
      -1,537
      -5,947
      -1,351
      1,638
      -2,302
      -8,954
      -5,613
       
       
       
       
      -5,575
      -21,157
      -7,924
      -2,212
      -4,839
      842
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 113,535
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 11,266
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 11,266
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 11,266
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 7,874
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,874
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 3,392
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowDE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowGoldman Sachs Trust Company of Delaware Telephone no.right arrow (302) 793-3284

Located atright arrow200 BELLEVUE PARKWAY SUITE 250WILMINGTONDE ZIP+4right arrow198093747
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
GOLDMAN SACHS TRUST CO ADMINISTRATIVE TRUSTEE
40 		164,336    
200 BELLEVUE PARKWAY SUITE 250
WILMINGTON,DE19809
ROBERT A BILTEKOFF TRUST PROTECTOR
1 		35,000    
43 COURT ST STE 930
BUFFALO,NY14202
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
27,325,971
b
Average of monthly cash balances.......................
1b
1,146,565
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
28,472,536
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
28,472,536
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
427,088
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
28,045,448
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,402,272
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,402,272
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
11,266
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
11,266
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,391,006
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,391,006
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,391,006
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,252,336
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,252,336
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 1,391,006
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 1,053,301
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 0
b From 2020...... 0
c From 2021...... 0
d From 2022...... 0
e From 2023...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,252,336
a Applied to 2023, but not more than line 2a 1,053,301
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 199,035
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		1,191,971
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 0
d Excess from 2023.... 0
e Excess from 2024.... 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ASYLUM HILL CONGREGATIONAL CHURCH

814 ASYLUM AVE
HARTFORD,CT061052805 		NONE PC PROGRAM SUPPORT 20,000

LABS4RESCUE INC

PO BOX 955
KILLINGWORTH,CT064190955 		NONE PC PROGRAM SUPPORT 20,000

KLEINHANS MUSIC HALL MANAGEMENT INC

786 DELAWARE AVE
BUFFALO,NY14209 		NONE PC GENERAL 250,000

BUFFALO PHILHARMONIC ORCHESTRA SOCIETY

786 DELAWARE AVENUE
BUFFALO,NY14209 		NONE PC GENERAL 250,000

WESTERN NEW YORK PUBLIC BROADCASTING
ASSOCIATION
140 LOWER TERRACE ST
Buffalo,NY14202 		NONE PC GENERAL 50,000

ERIE COMMUNITY COLLEGE FOUNDATION INC

121 ELLICOTT STREET
BUFFALO,NY142032601 		NONE PC PROGRAM SUPPORT 67,725

HEALTH MANAGEMENT GROUP LTD

55 DODGE ROAD
GETZVILLE,NY14068 		NONE PC GENERAL 50,000

GRAYCLIFF CONSERVANCY INC

6473 OLD LAKE SHORE RD
DERBY,NY140470000 		NONE PC PROGRAM SUPPORT 200,000

MERCY FLIGHT INC

100 AMHERT VILLA ROAD
BUFFALO,NY142250224 		NONE PC PROGRAM SUPPORT 65,275

COMMUNICATION ADVOCACY NETWORK CORP

151 NEW PARK AVE STE 101 83
HARTFORD,CT061062191 		NONE PC PROGRAM SUPPORT 20,000

REDEEMER LUTHERAN CHURCH

321 VILLAGE HILL ROAD
LEBANON,CT06249 		NONE PC PROGRAM SUPPORT 20,000

LIVING HOPE DEAF CHURCH

240 HILLSTOWN ROAD
MANCHESTER,CT06040 		NONE PC GENERAL 20,000

HH-STONEWALL COMMUNITY FARM INC

174 WILCOX RD
MIDDLETOWN,CT064575584 		NONE PC PROGRAM SUPPORT 20,000
Total .................................right arrow 3a 1,053,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 798,410  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 113,535  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   911,945  
13Total. Add line 12, columns (b), (d), and (e)..................
13
911,945
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE WALTER E SCHMID FAMILY FOUNDATION
EIN:
81-6908327
Name of Bond End of Year Book Value End of Year Fair Market Value
31420B300 FEDERATED HERMES INS 2,296,882 2,128,737
38141W232 GS FINANCIAL SQUARE    
05531FBG7 BB&T CORPORATION MTN    
00287YAL3 ABBVIE INC. 2.9% 11/    
172967LV1 CITIGROUP INC. HYBRI    
98978VAB9 ZOETIS INC. 3.25% 02    
69371RQ82 PACCAR FINANCIAL COR    
89153UAF8 TOTAL CAPITAL CANADA    
13607RAD2 CANADIAN IMPERIAL BA    
717081EN9 PFIZER INC. 3.2% 09/    
527288BE3 LEUCADIA NATIONAL CO    
05348EAT6 AVALONBAY COMMUNITIE    
29278NAM5 ENERGY TRANSFER LP 5    
6174468W2 MORGAN STANLEY HYBRI    
88579YBB6 3M COMPANY MTN 3.25%    
126117AS9 CNA FINANCIAL CORPOR    
337738AS7 FISERV, INC. 2.75% 0    
828807CS4 SIMON PROPERTY GROUP    
55336VAA8 MPLX LP 4.0% 02/15/2 25,032 25,347
06406HDA4 THE BANK OF NY MELLO 15,047 15,122
24422EUE7 JOHN DEERE CAPITAL C    
06051GFP9 BANK OF AMERICA CORP 35,273 35,173
98389BAR1 XCEL ENERGY INC 3.3% 30,254 29,862
761713BG0 REYNOLDS AMERICAN IN 40,497 39,983
00914AAH5 AIR LEASE CORP 3.375 20,190 20,182
87165BAG8 SYNCHRONY FINANCIAL 25,348 25,394
58013MFL3 MCDONALD'S CORPORATI 29,945 29,515
29364GAM5 ENTERGY CORP 0.9% 09 35,858 35,106
06051GJG5 BANK OF AMERICA CORP    
94974BGP9 WELLS FARGO & COMPAN 49,846 50,058
42824CAW9 HEWLETT PACKARD ENTE 41,030 40,411
756109BE3 REALTY INCOME CORP 4 28,069 25,162
780082AD5 ROYAL BANK OF CANADA 28,969 28,519
74432QCH6 PRUDENTIAL FINANCIAL 49,786 48,472
46647PBH8 JPMORGAN CHASE & CO.    
097023CH6 BOEING CO 3.1% 05/01 35,615 34,300
11134LAH2 BROADCOM CORPORATION    
46647PBA3 JPMORGAN CHASE & CO. 52,098 50,448
855244AV1 STARBUCKS CORPORATIO 34,857 33,281
92343VFF6 VERIZON COMMUNICATIO 34,983 34,094
00206RJX1 AT&T INC. 2.3% 06/01    
00751YAF3 ADVANCE AUTO PARTS, 14,951 13,456
68389XBN4 ORACLE CORPORATION 3 27,865 26,077
49446RAX7 KIMCO REALTY CORPORA 14,933 13,798
49456BAP6 KINDER MORGAN INC 4. 44,545 41,816
907818EY0 UNION PACIFIC CORPOR    
912828V72 U.S. TREASURY NOTE 1    
912828W55 U.S. TREASURY NOTE 1    
3130A5P45 FEDERAL HOME LOAN BA    
912828XQ8 U.S. TREASURY NOTE 2    
912828T91 U.S. TREASURY NOTE 1    
3130A3GE8 FHLB 2.75% 12/13/202    
3130A4CH3 FEDERAL HOME LOAN BA 70,225 70,209
912828ZL7 U.S. TREASURY NOTE 0    
912828K74 U.S. TREASURY NOTE 2    
9128285T3 U.S. TREASURY NOTE 2    
912828P46 U.S. TREASURY NOTE 1    
91282CBQ3 U.S. TREASURY NOTE 0    
91282CBT7 U.S. TREASURY NOTE 0    
91282CBW0 U.S. TREASURY NOTE 0    
3130A8XY4 FHLB 1.875% 09/11/20 80,309 77,228
912828YQ7 U.S. TREASURY NOTE 1    
912828YX2 U.S. TREASURY NOTE 1    
912828ZB9 U.S. TREASURY NOTE 1    
912828ZE3 U.S. TREASURY NOTE 0    
912828ZN3 U.S. TREASURY NOTE 0    
91282CAH4 U.S. TREASURY NOTE 0 10,009 9,076
9128283W8 U.S. TREASURY NOTE 2 42,296 38,605
912828W55A U.S. TREASURY NOTE    
780097AZ4 ROYAL BK SCOTLND GRP    
882508BH6 TEXAS INSTRUMENTS IN 64,903 64,866
14040HCH6 CAPITAL ONE FINANCIA 62,720 65,402
17327CAM5 CITIGROUP INC. HYBRI 22,856 23,162
172967LZ2 CITIGROUP INC. HYBRI    
172967LP4 CITIGROUP INC. HYBRI    
260543CY7 DOW CHEMICAL COMPANY    
29250NBM6 ENBRIDGE INC FRN 02/    
29379VBV4 ENTERPRISE PRODUCTS 39,533 41,518
30034WAB2 EVERGY INC 2.9% 09/1 28,778 30,303
37045XCK0 GENERAL MOTORS FINAN    
606822BH6 MITSUBISHI UFJ FIN G 29,210 29,050
617446448 MORGAN STANLEY HYBRI    
62947QBC1 NXP BV/NXP FUNDING L    
00914AAB8 SRS CCD 26745899 MTN 33,674 34,568
86562MBC3 SUMITOMO MITSUI FINA 60,454 63,245
91282CCY5 U.S. TREASURY NOTE 1 305,639 302,202
912828N30 U.S. TREASURY NOTE 2    
9128285Z9 U.S. TREASURY NOTE 2    
91282CEK3 U.S. TREASURY NOTE 2    
9128285C2 U.S. TREASURY NOTE 2    
95000U2X0 WELLS FARGO & COMPAN 24,547 25,103
912828ZQ6 U.S. TREASURY NOTE 0 442,931 442,636
91282CDP3 U.S. TREASURY NOTE 1 213,963 214,876
055451BC1 BHP BILLITON FINANCE    
912828ZB9_A U.S. TREASURY NOTE    
61744YAK4 MORGAN STANLEY HYBRI    
94106LBT52 WASTE MANAGEMENT IN 34,041 35,281
883556CW0 THERMO FISHER SCIENT 32,568 33,923
20030NDA6 COMCAST CORPORATION 30,947 31,735
61744YAP3 MORGAN STANLEY HYBRI    
256677AG0 DOLLAR GENERAL CORPO 29,757 30,545
35137LAL9 FOX CORP 3.5% 04/08/ 29,653 29,998
91159HJK7 US BANCORP HYBRID 02 27,575 28,266
071813CP2 BAXTER INTERNATIONAL 26,462 27,095
11135FBD2 BROADCOM INC. 5.0% 0 22,799 23,246
278642AW3 EBAY INC 2.7% 03/11/ 43,400 44,372
718172DA4 PHILIP MORRIS INTERN 20,134 20,482
126650DT4 CVS HEALTH CORP 5.12 19,592 19,951
88579YBG5 3M COMPANY MTN 3.375 18,979 19,090
92343VEU4 VERIZON COMMUNICATIO 18,134 18,289
91282CAV3 U.S. TREASURY NOTE 0 331,025 326,858
912810FT0 U.S. TREASURY BOND 4 223,211 219,463
91282CCS8 U.S. TREASURY NOTE 1 161,544 160,045
912828YB0 U.S. TREASURY NOTE 1 127,169 126,886
6174468G7 MORGAN STANLEY HYBRI 75,832 77,454
912810PT9 U.S. TREASURY BOND 4 70,934 70,228
91282CDJ7 U.S. TREASURY NOTE 1 68,918 67,964
24422ETQ2 JOHN DEERE CAPITAL C 49,873 50,402
125523CV0 THE CIGNA GROUP 5.25 42,804 43,036
260543DJ9 DOW CHEMICAL CO/THE 42,672 42,894
91282CBP5 U.S. TREASURY NOTE 1 44,561 40,982
172967ME8 CITIGROUP INC. HYBRI 38,861 39,612
857477BD4 STATE STREET CORPORA 35,851 36,085
15189WAP5 CENTERPOINT ENERGY R 33,394 33,922
444859BY7 HUMANA INC. 5.95% 03 32,004 31,762
502431AS8 L3HARRIS TECH INC 5. 30,857 31,120
756109BT0 REALTY INCOME CORPOR 26,065 26,786
29250NBR5 ENBRIDGE INC 5.7% 03 26,483 26,748
015271BA6 ALEXANDRIA REAL ESTA 24,829 24,657
22822VBD2 CROWN CASTLE INC 5.6 24,298 24,569
693475BR5 PNC FINANCIAL SERVIC 23,210 23,467
857477BV4 STATE STREET CORPORA 22,358 22,811
06051GKK4 BANK OF AMERICA CORP 22,298 22,698
49271VAP5 KEURIG DR PEPPER INC 22,092 22,318
06417XAP6 BANK OF NOVA SCOTIA 21,806 22,284
06406RBW6 BANK OF NY MELLON CO 21,806 22,135
46647PCR5 JPMORGAN CHASE & CO. 21,927 22,034
0778FPAM1 BELL CANADA 5.2% 02/ 21,775 21,908
06418JAC5 BANK OF NOVA SCOTIA 21,539 21,887
91324PEJ7 UNITEDHEALTH GROUP I 21,905 21,801
13607HR53 CANADIAN IMPERIAL BA 21,837 21,740
20030NCH2 COMCAST CORPORATION 21,638 21,512
73-1493906 ENERGY TRANSFER OPE 20,363 20,633
22822VAK7 CROWN CASTLE INTERNA 7,642 7,813

TY 2024 InvestmentsCorpStockSchedule
Name:
THE WALTER E SCHMID FAMILY FOUNDATION
EIN:
81-6908327
Name of Stock End of Year Book Value End of Year Fair Market Value
66923194 ISHARES S&P 500 INDEX    
09253F887 ISHARES RUSSELL 2000    
233203835 DFA REAL ESTATE SECU    
09253F879 ISHARES MSCI EAFE IN    
85749T889 STATE STREET HEDGED 1,598,174 1,930,304
85749T202 STATE STREET EMERGIN 643,851 649,080
464287655 ISHARES RUSSELL 2000 899,560 1,148,696
066922204 ISHARES S&P 500 INDE 7,448,069 13,870,695
09253F861 ISHARES MSCI EAFE IN 1,531,687 1,810,091

TY 2024 InvestmentsOtherSchedule2
Name:
THE WALTER E SCHMID FAMILY FOUNDATION
EIN:
81-6908327
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
38150B293 GS STRATEGIC FACTOR AT COST 1,054,572 1,083,836
38150B244 GS TACTICAL TILT OVE AT COST 1,026,978 1,037,596

TY 2024 OtherIncreasesSchedule
Name:
THE WALTER E SCHMID FAMILY FOUNDATION
EIN:
81-6908327
Description Amount
COST BASIS ADJUSTMENT 28,042


TY 2024 OtherProfessionalFeesSchedule
Name:
THE WALTER E SCHMID FAMILY FOUNDATION
EIN:
81-6908327
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 92,630 92,630    


TY 2024 TaxesSchedule
Name:
THE WALTER E SCHMID FAMILY FOUNDATION
EIN:
81-6908327
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 8,825 8,825   0
FEDERAL ESTIMATED PAYMENTS 6,000 0   0