Linda I Smith Foundation
- Assets
- $2.0m
- Revenue
- $228.9k
- Investments
- $1.9m
- Employees
- 0
- Location
- Costa Mesa, CA
- Founding
- 10/1998
- Data as of
- 12/2022
- EIN
- 33-0804049
Organization Overview
Linda I Smith Foundation is located in Costa Mesa, CA. The organization was established in 1998. 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. Linda I 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, Linda I Smith Foundation generated $228.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $254.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Linda I Smith Foundation has awarded 253 individual grants totaling $1,571,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda I Smith Director/president | 1 | $0 | |
Tracey L Gaede Director/treasurer | 0.5 | $0 | |
Diana G Blatz Director/secretary | 0.5 | $0 | |
Tyler I Gaede Director | 0.5 | $0 | |
Whit Batchelor Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $140,683 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $88,260 |
| Capital Gain Net Income | $88,260 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $228,943 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,437 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $129 |
| Total operating and administrative expenses | $37,873 |
| Contributions, gifts, grants paid | $217,000 |
| Total expenses and disbursements | $254,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,631 |
| Savings and temporary cash investments | $37,106 |
| Net Accounts receivable | $1,647 |
| 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 | $1,978,001 |
| 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, Linda I Smith Foundation has awarded $217,000 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF LAGUNA BEACH PURPOSE: GENERAL USE - EDUCATION & ENRICHMENT | $7,500 |
CASA TERESA PURPOSE: GENERAL USE - ASSIST PREGNANT WOMEN IN CRISIS | $5,000 |
CATERINA'S CLUB PURPOSE: GENERAL USE - MEALS FOR HOMELESS/LOW INCOME FAMILIES | $10,000 |
CHILDRENS HOSPITAL OF ORANGE COUNTY PURPOSE: GENERAL USE - MEDICAL RESEARCH, PROGRAMS & SVCS | $5,000 |
CDF FIREFIGHTERS BENEVOLENT FOUNDATION PURPOSE: GENERAL USE - CA FIREFIGHTER ASSISTANCE | $10,000 |
4 PAWS 4 PATRIOTS PURPOSE: GENERAL USE - PROVIDE SERVICE DOGS TO TRAIN WITH/FOR DISABLED VETERANS | $5,000 |