Pete And Sally Smith Foundation is located in Las Vegas, NV. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pete And Sally 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 12/2021, Pete And Sally Smith Foundation generated $515.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $454.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Pete And Sally Smith Foundation has awarded 36 individual grants totaling $1,628,015. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $112,870 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $70,352 | 
| Capital Gain Net Income | $70,352 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $332,313 | 
| Total Revenue | $515,535 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $76,360 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $24,371 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $50,383 | 
| Total operating and administrative expenses | $168,996 | 
| Contributions, gifts, grants paid | $285,325 | 
| Total expenses and disbursements | $454,321 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $220,025 | 
| 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 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $4,408,869 | 
| 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 | 
Over the last fiscal year, Pete And Sally Smith Foundation has awarded $289,005 in support to 7 organizations.
| Grant Recipient | Amount | 
|---|---|
| AMERICAN CANCER SOCIETY PURPOSE: GENERAL OPERATING | $50,000 | 
| UPSTATE INSTITUTE OF YOUTH PROGRAMS PURPOSE: GENERAL OPERATING | $30,755 | 
| NATURE CONSERVANCY PURPOSE: GENERAL OPERATING | $50,000 | 
| TENNESSEE WESLEYAN UNIVERSITY PURPOSE: GENERAL OPERATING | $75,000 | 
| LAND TRUST FOR TENNESSEE INC PURPOSE: GENERAL OPERATING | $50,000 | 
| CHATTOOGA CONSERVANCY INC PURPOSE: GENERAL OPERATING | $8,250 |