Phillip Smith Foundation is located in Cincinnati, OH. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phillip Smith Foundation 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, Phillip Smith Foundation generated $26.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $45.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Phillip Smith Foundation has awarded 71 individual grants totaling $383,300. 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $628 |
Dividends & Interest | $13,199 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $12,308 |
Capital Gain Net Income | $1,424 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $26,135 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $243 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $1,843 |
Contributions, gifts, grants paid | $43,250 |
Total expenses and disbursements | $45,093 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,462 |
Savings and temporary cash investments | $26,200 |
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 | $973,063 |
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 |
Over the last fiscal year, Phillip Smith Foundation has awarded $43,250 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
RONALD MCDONALD HOUSE PURPOSE: KIDS IN NEED | $20,000 |
CINCINNATI DREAMS COME TRUE PURPOSE: KIDS IN NEED | $5,000 |
NEEDIEST KIDS OF ALL PURPOSE: KIDS IN NEED | $2,000 |
PROKIDS PURPOSE: KIDS IN NEED | $1,500 |
JEWISH FAMILY SERVICES PURPOSE: KIDS IN NEED | $5,000 |
BIG BROTHERS BIG SISTERS PURPOSE: KIDS IN NEED | $4,000 |