Edward R. Schmidt is President and CEO of Silver Creek Partners, LLC, based in suburban Indianapolis. He is a retired partner of the Indianapolis based law firm Krieg DeVault, LLP, a former Executive Vice President of Sallie Mae, Inc., and the former Executive Vice President, General Counsel and Secretary of USA Group, Inc. Mr. Schmidt is a member of the American, Indiana, and Indianapolis Bar Associations, where he is a Distinguished Fellow of the Indianapolis Bar Foundation. Mr. Schmidt received a B.S. from Susquehanna University, a Juris Doctor degree from the University of Notre Dame and is licensed to practice law in the states of Indiana, Michigan, and Pennsylvania.

Edward R. Schmidt serves as chairman of the board of Strada Education Network, formerly known as USA Funds, and is a member of its Governance Committee. In addition, he is chairman of Healthcare Initiatives, Inc., an Indianapolis based public charity, vice chair of the board of trustees of Susquehanna University, and a member of the board of chancellors of the Indiana chapter of the Juvenile Diabetes Research Foundation.  Mr. Schmidt is a former member of several other boards of directors, including Metro Bank, Lumina Foundation for Education Inc., Crossroads Rehabilitation Services and Riverview Hospital Foundation.

Mr. Schmidt serves as a member of the IHTC Finance and Executive Committees.