Torrey Smith Foundation Inc is located in Boca Raton, FL. Torrey Smith Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE TORREY SMITH FOUNDATION IS TO BETTER THE LIVES OF YOUTH BY PROVIDING EDUCATIONAL SUPPORT, OPPORTUNITIES AND RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BACK TO SCHOOL FUN FESTEACH SUMMER THE FOUNDATION PARTNERS WITH WALMART TO HOST A "BACK TO SCHOOL EVENT" TO PROVIDE RESOURCES TO STUDENTS IN LOW-INCOME ELEMENTARY SCHOOLS. TEACHERS AND STUDENTS RECEIVE SUPPLIES TO START THE SCHOOL YEAR. IN ADDITIONAL TO THE SUPPLY GIVE AWAY, STUDENTS PARTICIPATE IN FUN ACTIVITIES INCLUDING A STEM STATION.
TORREY SMITH FAMILY FUND - A DONOR ADVISED FUND SET UP IN 2016, BEING MANAGED BY THE DRIVING FORCE GIVING CIRCLE INC., WHICH IS A NOT-FOR-PROFIT ORGANZIATION UNDER IRC SECTION 501(C)(3).
L.E.V.E.L TEEN SUMMITTHE L.E.V.E.L (LEADERSHIP, EDUCATION, VISION, EFFORT, LOVE) TEEN SUMMIT IS GEARED TOWARDS HIGH SCHOOL BOYS IN NEED OF SUPPORT AND GUIDANCE AS THEY NAVIGATE THROUGH CRITICAL TEENAGE YEARS AND PLAN FOR LIFE AFTER HIGH SCHOOL. THE PROGRAM BEGINS AS A THREE-DAY SUMMIT AND CONTINUES THROUGH THE YEAR. THE PROGRAM INCLUDES A HOST OF WORKSHOPS AND PRESENTATIONS THAT FOCUS ON CHARACTER BUILDING, DECISION MAKING, LEADERSHIP DEVELOPMENT, AND GOAL SETTING. THE VISION OF THE PROGRAM IS TO INTRODUCE STUDENTS TO POSITIVE MENTORS, ENCOURAGE STUDENTS TO PURSUE HIGHER EDUCATION, DEVELOP STRATEGIES TO ADDRESS BARRIERS THEY MAY FACE, CONNECT WITH AND INSPIRE EACH OTHER TO ACHIEVE THEIR GOALS, AND HELP THEM CREATE A FOUNDATION FOR A SUCCESSFUL FUTURE.
HOLIDAY CHEERTHE FOUNDATION HELPS FAMILIES ENJOY THE HOLIDAY SEASON BY PREPARING AND SERVING HOLIDAY MEALS AND PURCHSING GIFTS FOR FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James T Smith President | OfficerTrustee | 1 | $0 |
Chanel Smith Vice President | OfficerTrustee | 1 | $0 |
Elizabeth Buck Sec/treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $90,383 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $63,781 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $154,164 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$19,181 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $134,983 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $141,280 |
Grants and other assistance to domestic individuals. | $500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,725 |
Fees for services: Accounting | $15,578 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,679 |
Advertising and promotion | $7,670 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,656 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $24,098 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,068 |
All other expenses | $0 |
Total functional expenses | $219,521 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |
Over the last fiscal year, Torrey Smith Foundation Inc has awarded $130,348 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
DRIVING FORCE GROUP INC PURPOSE: FUNDING TORREY SMITH FAMILY FUND (DONOR ADVISED FUND) BEING MANAGED BY DRIVING FORCE GROUP. | $105,348 |
DONORSCHOOSEORG PURPOSE: CHARITABLE | $25,000 |