Friends Of The Guiomar Smeets Foundation Inc
- Assets
- $464.4k
- Revenue
- $300.2k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 12/2007
- Data as of
- 12/2022
- EIN
- 26-0260044
Organization Overview
Friends Of The Guiomar Smeets Foundation Inc is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Guiomar Smeets Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Friends Of The Guiomar Smeets Foundation Inc generated $300.2k in total revenue. All expenses for the organization totaled $248.9k during the year ending 12/2022. While expenses have increased by 11.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Friends Of The Guiomar Smeets Foundation Inc has awarded 22 individual grants totaling $1,237,793. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATING AND FUNDING SCHOLARSHIPS TO ASSIST HIGHLY MOTIVATED AND/OR TALENTED STUDENTS WHO INTEND TO PURSUE, WITH A PASSION FOR EXCELLENCE, UNDERGRADUATE, GRADUATE, OR DOCTORAL DEGREES IN THE FIELDS OF MUSIC, ENGLISH LITERATURE, BUSINESS, OR LAW, OR, IN VERY SPECIAL CASES, OTHER FIELDS, SO LONG AS THE PURSUIT OF EXCELLENCE HAS BEEN ESTABLISHED, BY MAKING DONATIONS TO ORGANIZATIONS IN THE UNITED STATES AND ABROAD WITH CHARITABLE PURPOSES THAT ARE SIMILAR TO THOSE OF THE CORPORATION AND THAT WILL BE USED ONLY FOR SUCH PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lazara Ameng-Torres President | 2.5 | $0 | |
Bastiaan Jansen Vice President | 1 | $0 | |
Jay Brian Peller Treasurer | 1 | $0 | |
Charles Rund Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $300,000 |
| Interest on Savings | $246 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $300,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,786 |
| Contributions, gifts, grants paid | $244,096 |
| Total expenses and disbursements | $248,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $464,444 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $464,444 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Friends Of The Guiomar Smeets Foundation Inc has awarded $244,096 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GUIOMAR SMEETS FOUNDATION PURPOSE: SCHOLARSHIPS TO STUDENTS | $69,096 |
MANHATTANVILLE COLLEGE PURPOSE: SCHOLARSHIP FUND SUPPORT | $15,000 |
NEW YORK UNIVERSITY PURPOSE: SCHOLARSHIP FUND SUPPORT | $25,000 |
THE NIGHTINGALE-BAMFORD SCHOOL PURPOSE: SCHOLARSHIP FUND SUPPORT | $110,000 |
YALE UNIVERSITY PURPOSE: SCHOLARSHIP FUND SUPPORT | $25,000 |