C Lyman Smith And Ingrid L Smith Foundation Tr is located in Paola, KS. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. C Lyman Smith And Ingrid L Smith Foundation Tr 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 04/2024, C Lyman Smith And Ingrid L Smith Foundation Tr generated $30.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $32.8k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $1,909 |
Dividends & Interest | $24,675 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $3,942 |
Capital Gain Net Income | $3,942 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $216 |
Total Revenue | $30,742 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $10,523 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $121 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $12,542 |
Contributions, gifts, grants paid | $20,217 |
Total expenses and disbursements | $32,759 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $480 |
Savings and temporary cash investments | $45,465 |
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 | $561,045 |
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, C Lyman Smith And Ingrid L Smith Foundation Tr has awarded $26,750 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CITY OF LOUISBURG PURPOSE: DOG PARK | $15,000 |
MIAMI COUNTY SHERIFF'S OFFICE PURPOSE: ATV/ATV EQUIPMENT | $11,750 |