Gordon V & Helen C Smith Foundation
- Assets
- $4.6m
- Revenue
- $28.3k
- Investments
- $1.9m
- Employees
- 0
- Location
- Potomac, MD
- Founding
- 04/1986
- Data as of
- 12/2022
- EIN
- 52-1440846
Organization Overview
Gordon V & Helen C Smith Foundation is located in Potomac, MD. The organization was established in 1986. 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. Gordon V & Helen C 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 12/2022, Gordon V & Helen C Smith Foundation generated $28.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (34.5%) each year. All expenses for the organization totaled $317.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gordon V & Helen C Smith Foundation has awarded 106 individual grants totaling $4,893,752. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT ATTACHED TO RETURN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Smith President | 20 | $0 | |
Gordon V Smith Treasurer | 3 | $0 | |
Cynthia J Skarbek Vice President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $26,193 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,132 |
| Total Revenue | $28,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $13,189 |
| Printing and publications | $0 |
| Other expenses | $43,848 |
| Total operating and administrative expenses | $58,331 |
| Contributions, gifts, grants paid | $259,571 |
| Total expenses and disbursements | $317,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,536,069 |
| Savings and temporary cash investments | $0 |
| 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 | $225,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,853,183 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $100 |
| Total assets | $4,614,352 |
| Accounts payable and accrued expenses | $150,211 |
| 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 | $103,601 |
| Total liabilities | $253,812 |
Grants Awarded
Over the last fiscal year, Gordon V & Helen C Smith Foundation has awarded $259,571 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
OHIO WESLEYAN UNIVERSITY PURPOSE: GENERAL SUPPORT | $40,100 |
BETHESDA UNITED METHODIST CHURCH PURPOSE: GENERAL SUPPORT | $48,023 |
TUKUTANA PURPOSE: GENERAL SUPPORT | $2,000 |
OPPORTUNITY INTERNATIONAL PURPOSE: GENERAL SUPPORT | $97,000 |
RIVENDELL SCHOOL PURPOSE: GENERAL SUPPORT | $5,000 |
AMERICAN FRIENDS SCH OF ST JUDE PURPOSE: GENERAL SUPPORT | $33,148 |