Steven Russell Smith Foundation is located in Tulsa, OK. The organization was established in 2010. 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. Steven Russell 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 12/2023, Steven Russell Smith Foundation generated $181.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $418.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Steven Russell Smith Foundation has awarded 37 individual grants totaling $713,772. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven R Smith Trustee | 0 | $0 | |
Tamara Smith Trustee | 0 | $0 | |
Brandon Smith Trustee | 0 | $0 | |
Annette Hathcoat Trustee | 0 | $0 | |
Scott Haus Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,958 |
| Net Rental Income | -$176,304 |
| Net Gain on Sale of Assets | $123,494 |
| Capital Gain Net Income | $123,494 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $181,386 |
| 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 | $49 |
| Other expenses | $293,338 |
| Total operating and administrative expenses | $295,897 |
| Contributions, gifts, grants paid | $122,947 |
| Total expenses and disbursements | $418,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,021 |
| Savings and temporary cash investments | $787,505 |
| 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 | $0 |
| Net Land, buildings, and equipment | $3,279,460 |
| Other assets | $0 |
| Total assets | $4,165,986 |
| Accounts payable and accrued expenses | $5,500 |
| 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 | $525 |
| Total liabilities | $6,025 |
Over the last fiscal year, Steven Russell Smith Foundation has awarded $67,200 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE MENTAL HEALTH PURPOSE: MENTAL HEALTH | $32,000 |
PORCHES FOR PUPS PURPOSE: ANIMAL RESCUE | $5,000 |
OWASSO BASEBALL BOOSTER CLUB PURPOSE: AMATEUR SPORTS | $200 |
EUFAULA BACKPACK BUDDY PROGRAM PURPOSE: PUBLIC SCHOOLS | $5,000 |
EUFALA TEAM UP FOR CLEAN UP PURPOSE: CITY BEAUTIFICATION | $25,000 |