Smith-Welsh Foundation
- Assets
- $1.7m
- Revenue
- $67.7k
- Investments
- $1.7m
- Employees
- 0
- Location
- Woodland Hills, CA
- Founding
- 06/1985
- Data as of
- 12/2022
- EIN
- 95-3958030
Organization Overview
Smith-Welsh Foundation is located in Woodland Hills, CA. The organization was established in 1985. 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-Welsh 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, Smith-Welsh Foundation generated $67.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $348.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Smith-Welsh Foundation has awarded 283 individual grants totaling $1,974,920. 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 |
|---|---|---|---|
Nancy Welsh President | 0 | $0 | |
Peter Welsh Secretary | 0 | $0 | |
Robert T Welsh Chief Financial Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $116 |
| Dividends & Interest | $69,972 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,378 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $67,710 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $65,590 |
| Contributions, gifts, grants paid | $282,500 |
| Total expenses and disbursements | $348,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,271 |
| 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 | $148,463 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,739,698 |
| 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, Smith-Welsh Foundation has awarded $282,500 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
BEACONHOUSE PURPOSE: PROVIDE FUNDS TO REHAB CENTER | $5,000 |
BLIND CHILDREN'S CENTER PURPOSE: PROVIDE FUNDS FOR AIDING BLIND CHILDREN | $5,000 |
CATALINA ISLAND MUSEUM PURPOSE: DEDICATED TO THE ARTS, CULTURE AND HISTORY OF SANTA CATALINA ISLAND | $10,000 |
FRIENDS OF BANNING MUSEUM PURPOSE: PROVIDE FUNDS TO AID IN EDUCATION AND PRESERVATION | $2,500 |
LOS ANGELES SAILING FOUNDATION PURPOSE: TO SUPPORT THE SPORT OF SAILING AND TO PROMOTE THE STEWARDSHIP OF THE MARINE ENVIRONMENT. | $5,000 |
NATIVE FISH SOCIETY PURPOSE: ADVOCATES FOR THE RECOVERY OF WILD, NATIVE FISH | $10,000 |