The Wilson L Smith Family Foundation is located in Salisbury, NC. The organization was established in 1989. 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. Wilson L Smith 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 12/2023, Wilson L Smith Family Foundation generated $1.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. While expenses have increased by 8.5% per year over the past 5 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 2020, Wilson L Smith Family Foundation has awarded 53 individual grants totaling $7,428,588. 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 |
---|---|---|---|
Felicia Eagle Board Member | 0 | $0 | |
Janis L Smith President & | 0 | $0 | |
T Stuart Smith Board Member | 0 | $0 | |
Ronald L Smith Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $732,949 |
Interest on Savings | $703,901 |
Dividends & Interest | $240,342 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$30,738 |
Capital Gain Net Income | $719 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $189,381 |
Total Revenue | $1,835,835 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $28,859 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $64,860 |
Total operating and administrative expenses | $100,694 |
Contributions, gifts, grants paid | $2,523,188 |
Total expenses and disbursements | $2,623,882 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $4,894,331 |
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 | $282,798 |
Investments—mortgage loans | $0 |
Investments—other | $3,014,763 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $32,121,364 |
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 | $200,000 |
Total liabilities | $200,000 |
Over the last fiscal year, The Wilson L Smith Family Foundation has awarded $2,523,188 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
THE BADDOUR CENTER PURPOSE: GENERAL FUND | $5,000 |
SAMARITAN'S PURSE PURPOSE: GENERAL FUND | $3,000 |
FRIENDS OF ROWAN PURPOSE: GENERAL FUND | $1,414,688 |
DEPARTMENT OF LUTHERAN STUDIES AT G PURPOSE: GENERAL FUND | $100,000 |
WEST ROWAN BIBLE TEACHING ASSOCIATI PURPOSE: GENERAL FUND | $500 |
UNIVERSITY OF NC EDUCATIONAL FD PURPOSE: GENERAL FUND | $1,000,000 |