Thomas W Smith Foundation
- Assets
- $35.4m
- Revenue
- $23.9m
- Investments
- $31.6m
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-3862135
Organization Overview
Thomas W Smith Foundation is located in Boca Raton, FL. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Thomas W 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.
Since 2016, Thomas W Smith Foundation has awarded 764 individual grants totaling $76,821,890. 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 |
|---|---|---|---|
James Piereson Trustee/director | 25 | $400,000 | |
Lori Smith Curley Trustee | 15 | $75,000 | |
Victoria Mckenzie Trustee | 1 | $5,000 | |
Diane G Smith Vice President, Trustee | 1 | $0 | |
Thomas W Smith President & Chairman | 15 | $0 | |
Randall Giberd Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
James Piereson | 12/30/21 | $400,000 |
Lori Smith Curley | 12/30/21 | $75,000 |
Stephen Moore | 12/30/21 | $110,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,254,800 |
| Interest on Savings | $0 |
| Dividends & Interest | $172 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,644,697 |
| Capital Gain Net Income | $16,836,502 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,899,669 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $480,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $175,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,710 |
| Printing and publications | $0 |
| Other expenses | $824 |
| Total operating and administrative expenses | $904,241 |
| Contributions, gifts, grants paid | $14,687,557 |
| Total expenses and disbursements | $15,591,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,809,542 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,865 |
| Total assets | $35,370,958 |
| 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, Thomas W Smith Foundation has awarded $21,623,557 in support to 136 organizations.
| Grant Recipient | Amount |
|---|---|
MANHATTAN INSTITUTE PURPOSE: EDUCATION/PUBLIC POLICY | $1,450,000 |
Gambier, OH PURPOSE: EDUCATION | $1,131,000 |
MANHATTAN INSTITUTE PURPOSE: EDUCATION/PUBLIC POLICY | $950,000 |
Arlington, VA PURPOSE: COMMUNITY | $770,000 |
Arlington, VA PURPOSE: COMMUNITY | $610,000 |
VMTS EDUCATION INC PURPOSE: EDUCATION | $600,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Frederick A Deluca Foundation Inc Pompano Beach, FL | $724,648,898 | $109,039,821 |
Ted Arison Family Found Aventura, FL | $489,424,665 | $63,628,275 |
Arison Arts Foundation Coral Gables, FL | $423,071,215 | $88,937,143 |
Poses Family Foundation Miami Beach, FL | $501,022,398 | $55,408,716 |
Jim Moran Foundation Inc Deerfield Beach, FL | $191,270,194 | $47,763,594 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
Kovner Foundation Jupiter, FL | $0 | $19,441,586 |
Naples Children And Education Naples, FL | $64,560,487 | $12,642,425 |
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |
Thomas W Smith Foundation Boca Raton, FL | $35,370,958 | $23,899,669 |