Martin V And Martha K Smith Foundation

Organization Overview

Martin V And Martha K Smith Foundation is located in Camarillo, CA. The organization was established in 1985. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Martin V And Martha K 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.

For the year ending 09/2021, Martin V And Martha K Smith Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 26.3% each year . All expenses for the organization totaled $4.2m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Martin V And Martha K Smith Foundation has awarded 83 individual grants totaling $6,942,500. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENHANCE THE QUALITY OF LIFE FOR THE RESIDENTS OF VENTURA COUNTY, WITH A PREFERENCE FOR SERVING THE OXNARD PLAINS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS ARE AWARDED TO IMPROVE THE HUMAN CONDITION AND TO STRENGTHEN THE COMMUNITY OF VENTURA COUNTY.


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Board, Officers & Key Employees

Name (title)Compensation
Stacy Cannon
Co-Chair
$0
Brando Pozzi
Secretary
$0
Nicholas Joseph
Treasurer
$0
Marjorie Tegland
Co-Chair
$0
Jack E Neely
Director
$0
Doug Shaw
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $205,558
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,254,965
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,460,523

Grants Awarded

Over the last fiscal year, Martin V And Martha K Smith Foundation has awarded $4,052,000 in support to 13 organizations.

Grant RecipientAmount

CALIFORNIA STATE UNIVERSITY CHANNEL ISLANDS FOUNDATION

Org PageRecipient Profile

Camarillo, CA

PURPOSE: TO COVER THE CONSTRUCTION COSTS OF RENOVATION OF THE MANZANITA FIRST FLOOR WEST WING AND RESTORATION OF THE COURTYARD ADJACENT TO THE BUILDING PER THE GIFT AGREEMENT BETWEEN THE MARTIN V AND MARTHA K SMITH FOUNDATION AND THE CALIFORNIA STATE UNIVERSITY CHANNEL ISLANDS FOUNDATION

$3,532,000

Oxnard, CA

PURPOSE: TO SUPPORT ONGOING OPERATIONS

$75,000

BOYS & GIRLS CLUB OF GREATER OXNARD & PORT HUENEME

Org PageRecipient Profile

Oxnard, CA

PURPOSE: TO SUPPORT THE BELIEVE IN OUR NEXT GENERATION CAMPAIGN TO UPGRADE FACILTIES AND EXPAND STEAM CENTERS

$75,000

DRAGG INC

PURPOSE: TO SUPPORT ONGOING OPERATIONS

$50,000

WESTMINSTER FREE CLINIC

Org PageRecipient Profile

Thousand Oaks, CA

PURPOSE: TO SUPPORT ONGOING OPERATIONS - LIMITED TO SERVICES IN THE CITY OF OXNARD

$50,000

LIVINGSTON MEMORIAL VNA

Org PageRecipient Profile

Ventura, CA

PURPOSE: TO SUPPORT PROGRAM EXPANSION OF THE GRIEF & BEREAVEMENT CENTER SERVICES

$50,000
View Grant Profile

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