Smeed Memorial Foundation
- Assets
- $15.0k
- Revenue
- $38.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Caldwell, ID
- Founding
- 10/2012
- Data as of
- 12/2021
- EIN
- 45-3753483
Organization Overview
Smeed Memorial Foundation is located in Caldwell, ID. The organization was established in 2012. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smeed Memorial Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Smeed Memorial Foundation has awarded 38 individual grants totaling $2,231,700. 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 |
|---|---|---|---|
Rick Coffman President | 15 | $36,000 | |
Dick Anderson Vice President | 0 | $0 | |
Elizabeth Allan-Hodge Secretary | 0 | $0 | |
Matthew Clements Director | 0 | $0 | |
Stan Hawkins Director | 0 | $0 | |
Theron Nelson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14 |
| Dividends & Interest | $11,620 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,007 |
| Capital Gain Net Income | $27,007 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,641 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,522 |
| Total operating and administrative expenses | $50,628 |
| Contributions, gifts, grants paid | $1,003,200 |
| Total expenses and disbursements | $1,053,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,974 |
| 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 | $14,974 |
| 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, Smeed Memorial Foundation has awarded $1,003,200 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Nampa, ID PURPOSE: LIBRARY RESOURCE FUND | $1,000,000 |
Boise, ID PURPOSE: SUPPORT IDAHO PRAYER BREAKFAST | $3,000 |
Boise, ID PURPOSE: TO HELP UNDERWRITE SPEAKER FOR FUND RAISING AND GENERAL OPERATING EXPENSES. | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montana Higher Education Student Assistance Corporation Helena, MT | $454,297,151 | $15,047,614 |
The Rogers Foundation Las Vegas, NV | $98,020,626 | $8,861,096 |
Davis Education Foundation Farmington, UT | $5,085,973 | $8,327,640 |
Western States Learning Corporation Cheyenne, WY | $7,278,085 | $6,097,150 |
J R Simplot Company Foundation Inc Boise, ID | $71,703,701 | $5,686,010 |
College Spark Washington Seattle, WA | $104,693,147 | $3,230,019 |
Idaho Association For The Education Of Young Children Boise, ID | $1,636,700 | $5,141,669 |
Pwh Educational Foundation Inc Spokane, WA | $62,473,304 | $11,260,767 |
Zions Bancorporation Foundation Salt Lake City, UT | $5,900,087 | $233,506 |
College Dreams Inc Grants Pass, OR | $2,542,440 | $3,694,638 |
Bilinski Educational Foundation Reno, NV | $12,333,809 | $1,097,407 |
The Nu Skin Force For Good Foundation Provo, UT | $3,982,547 | $2,620,205 |