Frank And Laura Smock Foundation is located in Clayton, MO. The organization was established in 1959. 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. Frank And Laura Smock 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, Frank And Laura Smock Foundation generated $267.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $942.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wells Fargo Bank N A Trustee | 1 | $500 | |
Midwest Trust Trustee | 1 | $34,709 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $307,446 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$40,322 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $20,292 |
| Profit on Inventory Sales | $0 |
| Other Income | $214 |
| Total Revenue | $267,338 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,783 |
| Other employee salaries and wages | $33,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,941 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,989 |
| Total operating and administrative expenses | $188,611 |
| Contributions, gifts, grants paid | $754,273 |
| Total expenses and disbursements | $942,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,073,678 |
| Savings and temporary cash investments | $39,526 |
| 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 | $1,639,655 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,692,792 |
| 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 |