Founded 2045 CE in Umoja by Erin Schmidt (2015-2093 CE) as a legacy of her father, a Nexus operative whose codename was JJJSchmidt ("for John Jacob Jingleheimer Schmidt"). The Schmidt Foundation was an early investor in the Martian colonies and Dalanian Antigravitics; by 2100 CE it was one of the largest and richest corporations in Earthspace.
In 2071 CE, Erin's son Raymond Schmidt (2046-2108 CE) married Jannet Hoister, and so the Schmidt Foundation became allied with the Hoister Family. By 2153 CE, the Foundation was essentially the business arm of the Hoister Family.
Subsidiaries of the Schmidt Foundation included:
| Term | Board Chair | Term | Masayyid | |
|---|---|---|---|---|
| 2045 - 2090 | Erin Schmidt | |||
| 2090 - 2108 | Raymond Schmidt | |||
| 2108 - 2148 | Derek Schmidt | |||
| 2148 - 2175 | Galen Schmidt | 2153 - 2242 | Sayyid Galen Schmidt | |
| 2175 - 2207 | David Schmidt | 2242 - 2285 | Sayyid Ophelia Schmidt | |
| 2207 - 2256 | Manuel Schmidt | 2285 - 2336 | Sayyid Julius Gipe kwa Schmidt | |
| 2256 - 2300 | Isador Schmidt | 2336 - 2399 | Sayyid Nelita Hoister kwa Schmidt | |
| 2300 - 2337 | Jean Schmidt | 2399 - 2482 | Sayyid Xanthe Hoister kwa Schmidt | |
| 2337 - 2351 | Celeste Gipe kwa Schmnidt | 2483 - 2488 | Sayyid Robin Hoister kwa Schmidt | |
| 2351- 2387 | Samuel Hoister kwa Schmidt | 2488 - 2500 | Sayyid Leona Hoister kwa Schmidt | |
| 2387 - 2480 | Kurt Hoister kwa Schmidt | 2500 - | Sayyid Balerat R'Tapitk kwa Schmidt | |
| 2480 - 2488 | Rickard Hoister kwa Schmidt | |||
| 2488 - 2500 | Gregori Hoister kwa Schmidt | |||
| 2500 - | Jeratth R'Tapitk kwa Schmidt |
Upon the extinction of the Idara Schmidt, Imperial Law & Custom demanded that a new representative be found. The Hoisters (themselves the legitimate heirs of the Idara Schmidt) proposed a most unusual settlement, which was adopted under Jef Leonov's reign: a family of Heloxans, the R'Tapitk tribe, was designated as the new Idara Schmidt.
After their discovery c. 2100, the Heloxans were moved to another world; at this time, they numbered about 3,000. The Hoisters oversaw their development, taught them, and meddled with their genes. By TE 200 the Heloxans were recognized as an intelligent race, and by TE 250 their world was granted Protectorate status. The R'Tapaitk line in particular was nurtured by the Hoisters, and after TE 335 a Hoister task force made up of Ian, Nicole, Quinn, June, and Leona undertook the training of ten-year-old Balerat R'Tapitk for the position of Sayyid Schmidt. Balerat was officially adopted by Leona, the reigning Sayyid Schmidt, and on the day of his majority in TE 347 Balerat became Balerat R'Tapitk kwa Sayidi Schmidt, and his family the Idara Schmidt. At the same time, his aunt Jeratth R'Tapitk took over as Chair of the Schmidt Foundation.