V O Smith Family Foundation
- Assets
- $2.2m
- Revenue
- $97.7k
- Investments
- $2.2m
- Employees
- 0
- Location
- Rocklin, CA
- Founding
- 11/1998
- Data as of
- 12/2022
- EIN
- 68-0414165
Organization Overview
V O Smith Family Foundation is located in Rocklin, CA. The organization was established in 1998. 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. V O 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 12/2022, V O Smith Family Foundation generated $97.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $110.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, V O Smith Family Foundation has awarded 57 individual grants totaling $953,000. 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.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Van Dorn President | 0.25 | $0 | |
Ryan Cloney Treasurer | 0.25 | $0 | |
Daniel S Mount Secretary | 0.05 | $0 | |
Kathleen A Smith Director | 0.01 | $0 | |
Mark O Smith Director | 0.01 | $0 | |
Barbara Mount Director | 0.01 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $41,014 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $56,710 |
| Capital Gain Net Income | $56,710 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $97,724 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $524 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,887 |
| Total operating and administrative expenses | $23,411 |
| Contributions, gifts, grants paid | $87,500 |
| Total expenses and disbursements | $110,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $47,043 |
| 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 | $1,172,904 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,248,555 |
| 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, V O Smith Family Foundation has awarded $87,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
TEEN ESTEEM PURPOSE: DIRECT SUPPORT OF EDUCATIONAL PROGRAMS FOR YOUNG PEOPLE | $10,000 |
Y SCHOLARS PURPOSE: DIRECT SUPPORT OF AFTER SCHOOL PROGRAMS FOR AT RISK YOUTH | $15,000 |
HOLY NAMES UNIVERSTIY PURPOSE: DIRECT SUPPORT OF EDUCATIONAL PROGRAMS | $12,500 |
OPEN HEART KITCHEN PURPOSE: DIRECT SUPPORT OF HOT MEAL PROGRAM | $25,000 |
SCIENCE IS ELEMENTARY PURPOSE: DIRECT SUPPORT OF SCIENCE EDUCATIONAL PROGRAMS | $25,000 |