Russell H & Maxine E Smith Charitable Foundation

Organization Overview

Russell H & Maxine E Smith Charitable Foundation is located in Bay City, MI. The organization was established in 1991. 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. Russell H & Maxine E Smith Charitable 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 12/2021, Russell H & Maxine E Smith Charitable Foundation generated $194.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $185.4k during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 6 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 2016, Russell H & Maxine E Smith Charitable Foundation has awarded 42 individual grants totaling $540,375. 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.

Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $12,366
Dividends & Interest $45,030
Net Rental Income$0
Net Gain on Sale of Assets $137,369
Capital Gain Net Income $138,517
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $194,765

Grants Awarded

Over the last fiscal year, Russell H & Maxine E Smith Charitable Foundation has awarded $159,375 in support to 11 organizations.

Grant RecipientAmount

FRIENDS OF PINCONNING COMMUNITY CENTER

Org PageRecipient Profile

Pinconning, MI

PURPOSE: GRANT FOR PINCONNING COMMUNITY CENTER RENOVATIONS

$30,000

STATE THEATRE

PURPOSE: GRANT FOR PAVILION AND ANCILLARY BUILDING IN WENONAH PARK

$25,000

Bay City, MI

PURPOSE: GRANT FOR CLASSROOM/STUDIO RENOVATION

$20,000

ANTIQUE TOY AND FIRETRUCK MUSEUM

PURPOSE: GRANT FOR RENOVATIONS OF FIREHOUSE

$20,000

SVSU FOUNDATION

PURPOSE: GRANT TO FUND COLLEGE OF BUSINESS

$15,000

BAY COUNTY HISTORICAL SOCIETY

Org PageRecipient Profile

Bay City, MI

PURPOSE: GRANT FOR RENOVATION OF LIBRARY

$15,000
View Grant Profile

Create an account to unlock the data you need.

or