The Schmidt Family Foundation
Palo Alto, CA · EIN 20-4170342 · Education · Rank 5,227 by total revenue
Money, Form 990-PF for tax year 2024
- Total revenue
- $103,699,636
- Total expenses
- $227,730,180
- Total assets
- $1,990,498,177
- Salary base (all salaries and wages)
- not reported
- Salaries, other pay and benefits
- $2,436,898
- Employees
- not reported
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (8)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Joseph Sciortino | EXECUTIVE DIRECTOR/DIRECTOR | Officer | 40 | $570,060 |
| Frances Babb | SECRETARY | Officer | 0.5 | None reported |
| Jeanne Huey | CHIEF FINANCIAL OFFICER | Officer | 10 | None reported |
| Wendy Schmidt | PRESIDENT/DIRECTOR | Board | 20 | None reported |
| Eric Schmidt | DIRECTOR | Board | 0.5 | None reported |
| Sophie Schmidt | DIRECTOR | Board | 0.25 | None reported |
| Amy Rao | DIRECTOR | Board | 5 | None reported |
| Maria Seferian | GENERAL COUNSEL/DIRECTOR | Board | 2 | None reported |
Top 10 paid people listed
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Joseph Sciortino | EXECUTIVE DIRECTOR/DIRECTOR | Officer | 40 | $530,010 | $0 | $40,050 | $570,060 |
Sources
- IRS e-file return 202513219349104316 (Form 990-PF, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 20-4170342
- Organization website (as filed): https://11thhourproject.org/about, https://schmidtmarine.org