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EIN 20-4170342

The Schmidt Family Foundation (TSFF)

IRS 501(c) type
501(c)(3)
Num. employees
36
City
Palo Alto
State
California
Year formed
2007
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Schmidt Family Foundation (TSFF) works to advance the wiser use of energy and natural resources and to support efforts worldwide that empower communities to build resilient systems for food, water, and human resources.
Total revenues
$116,291,888
2023
Total expenses
$168,451,929
2023
Total assets
$1,834,552,574
2023
Num. employees
36
2023

Program areas at TSFF

11th hour project - funded events and activities related to increasing education and awareness around climate change, renewable energy, sustainable food and agriculture, human rights and marine technology
Remain nantucket - sponsored community events with social, climate and environmental sustainability messages
Middle c - property 100% used by nantucket non-profits - nantucket community music center and nantucket adult community school

Grants made by TSFF

GranteeGrant descriptionAmount
Human Rights WatchProtecting Human Rights in Africa, Capacity Building for Partners$8,480,000
Ellen Macarthur Foundation USAAdvancing Sustainable Materials$5,000,000
RSF Social Finance (RSF)Protecting Human Rights in Africa$3,881,900
...and 443 more grants made totalling $119,770,187

Personnel at TSFF

NameTitleCompensation
Jeanne HueyChief Financial Officer$101,920
N DaraniVice President , 11th Hour Projec$353,250
Joseph SciortinoExecutive Director and Director$395,705
L DavisProgram Director$259,544
Maria SeferianGeneral Counsel and Director$0
...and 1 more key personnel

Financials for TSFF

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,265,333
Investment income and dividends$16,064,342
Net rental income$112,864
Net gain from sale of non-inventory assets$98,398,979
Gross sales of inventory$0
Miscellaneous revenues$450,370
Total revenues$116,291,888

Form 990s for TSFF

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990PFView PDF
2022-122023-11-15990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-14990PFView PDF
2019-122021-06-23990PFView PDF
...and 8 more Form 990s
Data update history
December 28, 2023
Received grants
Identified 1 new grant, including a grant for $233,273 from New Venture Fund
December 27, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 24, 2023
Used new vendors
Identified 1 new vendor, including
August 17, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedTax deductible donationsAccepts online donations
General information
Address
555 Bryant St 370
Palo Alto, CA 94301
Metro area
San Jose-Sunnyvale-Santa Clara, CA
County
Santa Clara County, CA
Website URL
tsffoundation.org/ 
Phone
(650) 376-7100
IRS details
EIN
20-4170342
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
129360
FTB Entity ID
2849685
AB 488 data last updated ("as-of") date
2024-12-31
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