The Will Smith Charitable Foundation
- Assets
- $1.7m
- Revenue
- $304.2k
- Investments
- $1.5m
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 09/2007
- Data as of
- 12/2021
- EIN
- 37-1545757
Organization Overview
The Will Smith Charitable Foundation is located in San Antonio, TX. The organization was established in 2007. 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. Will Smith Charitable 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 12/2021, Will Smith Charitable Foundation generated $304.2k 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 (3.4%) each year. All expenses for the organization totaled $398.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Will Smith Charitable Foundation has awarded 58 individual grants totaling $1,567,807. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Nm Moulton President | 20 | $0 | |
Rex Robinson Vice President | 0 | $0 | |
Theresa Brandon Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $209,875 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,567 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $54,780 |
| Capital Gain Net Income | $54,780 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $304,222 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,455 |
| Total operating and administrative expenses | $30,984 |
| Contributions, gifts, grants paid | $367,000 |
| Total expenses and disbursements | $397,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $205,431 |
| 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 | $1,535,159 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,740,590 |
| 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, The Will Smith Charitable Foundation has awarded $367,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Dripping Springs, TX PURPOSE: TO SUPPORT THEIR PROGRAM OF HELPING BRIDGE THE GAP BY WELCOMING VETERANS OF ALL AGES AND MILITARY SERVICE TO EXPLORE THERAPEUTIC WORKSHOPS, ART CLASSES, WEEKEND CAMPOUTS, EDUCATION AND EMPLOYMENT SEMINARS, FAMILY GATHERINGS, LAND STEWARDSHIP, VA CLAIMS ASSISTANCE AND WELLNESS CLINIC. | $250,000 |
HIDALGO FOUNDATION OF BEXAR COUNTY PURPOSE: TO SUPPORT THE EAGLES COURT. A THERAPEUTIC FOSTER CARE COURT THAT INVESTS TIME AND RESOURCES INTO HIGH RISK/HIGH NEED BOYS THAT ARE "AGING OUT" OF THE FOSTER CARE SYSTEM. | $100,000 |
CHRISTMAS 4 KIDS PURPOSE: DONATION USED TO HELP PROVIDE CHRISTMAS FOR APPROXIMATELY 400 LOW INCOME CHILDREN IN MIDDLE TENNESSEE. | $15,000 |
ROOTS SCHOOL PURPOSE: TO SUPPORT THEIR PERFORMING ARTS PROGRAM. | $2,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Will Smith Charitable Foundation has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Kittie Nelson Ferguson Foundation San Antonio, TX PURPOSE: UNRESTRICTED GRANT | $100,000 |
Peer Organizations
| 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 |