Smith Family Foundation Inc is located in Carmel, IN. 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. Smith Family 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 03/2022, Smith Family Foundation Inc generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $3.6m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Smith Family Foundation Inc has awarded 418 individual grants totaling $15,433,141. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey H Thomasson Director/secretary & Treas | 2 | $0 | |
Cheryl D Smith Director/vice-President | 2 | $0 | |
Lonnie M Smith Director/president | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $3,321,243 |
Interest on Savings | $0 |
Dividends & Interest | $231,536 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $4,080,994 |
Capital Gain Net Income | $4,830,082 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $7,633,773 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $42,775 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $113,332 |
Contributions, gifts, grants paid | $3,465,000 |
Total expenses and disbursements | $3,578,332 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,579,658 |
Savings and temporary cash investments | $0 |
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 | $26,931,135 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $31,510,793 |
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, Smith Family Foundation Inc has awarded $3,465,000 in support to 70 organizations.
Grant Recipient | Amount |
---|---|
Mountain View, CA PURPOSE: GENERAL SUPPORT OF CHARITY | $500,000 |
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: GENERAL SUPPORT OF CHARITY | $250,000 |
MENON FAMILY FOUNDATION PURPOSE: GENERAL SUPPORT OF CHARITY | $250,000 |
LDS PHILANTHROPIES PURPOSE: GENERAL SUPPORT OF HUMANITARIAN FUND, FAMILY SEARCH AND PERPETURAL EDUCATION FUND | $175,000 |
Rexburg, ID PURPOSE: SUPPORT OF PATHWAY PROGRAM | $150,000 |
CURE ALZHEIMER'S FUND PURPOSE: GENERAL SUPPORT OF CHARITY | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Roger And Susan Stone Family Foundation Northbrook, IL | $23,476,805 | $8,385,528 |
Galashiels Fund Ltd Northbrook, IL | $154,593,436 | $48,314,988 |