Smith Family Foundation is located in Livingston, TX. The organization was established in 1993. 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. 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 12/2020, Smith Family Foundation generated $523.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 60.9% each year . All expenses for the organization totaled $188.0k during the year ending 12/2020. While expenses have increased by 10.8% per year over the past 6 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 2016, Smith Family Foundation has awarded 89 individual grants totaling $746,981. 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 |
---|---|---|---|
Robert M Smith Trustee | 1 | $0 | |
Fred M Smith Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $9,738 |
Interest on Savings | $75,897 |
Dividends & Interest | $95,189 |
Profit on Inventory Sales | $0 |
Other Income | -$208 |
Total Revenue | $523,253 |
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 | $94,960 |
Contributions, gifts, grants paid | $93,030 |
Total expenses and disbursements | $187,990 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $49,974 |
Investments—mortgage loans | $0 |
Investments—other | $351,310 |
Other assets | $1,500 |
Mortgages and other notes payable | $0 |
Other liabilities | $5,780 |
Over the last fiscal year, Smith Family Foundation has awarded $227,714 in support to 22 organizations.
Grant Recipient | Amount |
---|---|
POLK COUNTY MEMORIAL MUSEUM PURPOSE: JONAS DAVID CABIN RESTORATION | $43,148 |
GREEN & WHITE SCHOLARSHIP FUND PURPOSE: EDUCATION | $40,000 |
CENTRAL BAPTIST CHURCH PURPOSE: RELIGIOUS | $40,000 |
ACTS TWO MINISTRIES INTERNATIONAL PURPOSE: RELIGIOUS | $20,000 |
LIVINGSTON INDEPENDENT SCHOOL DIST PURPOSE: ROBO LIONS | $17,000 |
Livingston, TX PURPOSE: OPERATIONS | $10,000 |
Over the last fiscal year, we have identified 1 grants that Smith Family Foundation has recieved totaling $18,888.
Awarding Organization | Amount |
---|---|
The Longleaf Alliance Inc Andalusia, AL PURPOSE: LONGLEAF HABITAT MANAGEMENT AND RESTORATION | $18,888 |
Organization Name | Assets | Revenue |
---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |