Smaby Family Foundation
- Assets
- $0.0
- Revenue
- $78.8k
- Investments
- $1.8m
- Employees
- 0
- Location
- Marcell, MN
- Founding
- 05/1998
- Data as of
- 12/2021
- EIN
- 41-1876913
Organization Overview
Smaby Family Foundation is located in Marcell, MN. 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. Smaby Family 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, Smaby Family Foundation generated $78.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $91.7k during the year ending 12/2021. While expenses have increased by 10.0% per year over the past 4 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 2015, Smaby Family Foundation has awarded 42 individual grants totaling $356,900. 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 |
|---|---|---|---|
John Smaby Board Member | 0 | $0 | |
Mark Smaby Board Member | 0 | $0 | |
Anne Smaby Hersch Board Member | 0 | $0 | |
Gary Smaby President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $51,193 |
| Profit on Inventory Sales | $0 |
| Other Income | $128 |
| Total Revenue | $78,777 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $3,200 |
| Contributions, gifts, grants paid | $88,450 |
| Total expenses and disbursements | $91,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,346 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Smaby Family Foundation has awarded $114,700 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
PALM SPRINGS ART MUSEUM PURPOSE: TO PROVIDE SUPPORT FOR A PUBLIC CHARITABLE ORGANIZATION | $500 |
PALM SPRINGS CULTURAL CENTER PURPOSE: TO PROVIDE SUPPORT FOR A PUBLIC CHARITABLE ORGANIZATION | $1,200 |
PALM SPRINGS UNIFIED SCHOOL DISTRICT FOUNDATION PURPOSE: TO PROVIDE SUPPORT FOR A PUBLIC CHARITABLE ORGANIZATION | $15,000 |
SCIENCE MUSEUM OF MINNESOTA PURPOSE: TO PROVIDE SUPPORT FOR A PUBLIC CHARITABLE ORGANIZATION | $25,000 |
SENIOR ADVOCATES OF THE DESERT PURPOSE: TO PROVIDE SUPPORT FOR A PUBLIC CHARITABLE ORGANIZATION | $500 |
UNIVERSITY OF MN HHH SMABY PEACH PROJECTS FUND PURPOSE: TO PROVIDE SUPPORT FOR A PUBLIC CHARITABLE ORGANIZATION | $4,000 |