Dennis J Smith Legacy Foundationinc
- Assets
- $139.8k
- Revenue
- $121.2k
- Investments
- $129.9k
- Employees
- 0
- Location
- Kankakee, IL
- Founding
- 11/2007
- Data as of
- 12/2022
- EIN
- 26-0334261
Organization Overview
Dennis J Smith Legacy Foundationinc is located in Kankakee, IL. The organization was established in 2007. 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. Dennis J Smith Legacy Foundationinc 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, Dennis J Smith Legacy Foundationinc generated $121.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $178.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Dennis J Smith Legacy Foundationinc has awarded 211 individual grants totaling $988,706. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION PAID TO BISHOP MCNAMARA HIGH SCHOOL
DONATION PAID TO TYLER BAILEY FOUNDATION
DONATION PAID TO LES TURNER ALS FOUNDATION
DONATION PAID TO KCC
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 |
|---|---|---|---|
William F Smith Secretary | 0 | $0 | |
Michael Smith Director | 0 | $0 | |
Kelly Smith-Haley Director | 0 | $0 | |
Michael O'brien President | 0 | $0 | |
Dennis O'brien Director | 0 | $0 | |
Pamela Smith Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12 |
| Dividends & Interest | $2,169 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,874 |
| Capital Gain Net Income | $4,874 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $114,120 |
| Total Revenue | $121,175 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $62,962 |
| Total operating and administrative expenses | $63,692 |
| Contributions, gifts, grants paid | $114,965 |
| Total expenses and disbursements | $178,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,420 |
| Savings and temporary cash investments | $0 |
| 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 | $129,880 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,502 |
| Total assets | $139,802 |
| 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, Dennis J Smith Legacy Foundationinc has awarded $114,965 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
BISHOP MC NAMERA PURPOSE: DONATION | $88,550 |
KCC FOUNDATION PURPOSE: DONATION | $5,000 |
LES TURNER ALS FOUNDATION PURPOSE: DONATION | $5,000 |
STILL I RISE PURPOSE: DONATION | $700 |
HIPPOCRATES MEDICAL CENTER PURPOSE: DONATION | $100 |
NAACP PURPOSE: DONATION | $300 |