David And Vickie Smick Foundation
- Assets
- $24.2m
- Revenue
- $2.2m
- Investments
- $18.0m
- Employees
- 0
- Location
- Vero Beach, FL
- Founding
- 02/1995
- Data as of
- 12/2019
- EIN
- 52-1904519
Organization Overview
David And Vickie Smick Foundation is located in Vero Beach, FL. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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.
For the year ending 12/2019, David And Vickie Smick Foundation generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $904.0k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, David And Vickie Smick Foundation has awarded 95 individual grants totaling $3,197,845. 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 |
|---|---|---|---|
David Smick President | 0 | $0 | |
Vickie Smick Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,500,000 |
| Interest on Savings | $60,000 |
| Dividends & Interest | $115,296 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $569,272 |
| Capital Gain Net Income | $569,272 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,244,568 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $903,970 |
| Total expenses and disbursements | $903,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,273,387 |
| 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 | $17,954,016 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,227,403 |
| 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, David And Vickie Smick Foundation has awarded $903,970 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: CHARITABLE | $500,000 |
NANTUCKET COTTAGE HOSPITAL PURPOSE: CHARITABLE | $150,500 |
CEDARS SINAI PURPOSE: CHARITABLE | $50,000 |
New York, NY PURPOSE: CHARITABLE | $50,000 |
Nantucket, MA PURPOSE: CHARITABLE | $38,000 |
Stonington, CT PURPOSE: CHARITABLE | $18,220 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Audrey And Martin Gruss Foundation West Palm Beach, FL | $30,663,516 | $13,144,328 |
John Bulow Campbell Foundation Atlanta, GA | $613,384,398 | $44,680,375 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $59,301,388 | $18,134,073 |
Ted Arison Family Found Aventura, FL | $453,889,828 | $59,166,192 |
Arison Arts Foundation Coral Gables, FL | $382,697,492 | $20,724,479 |
Naples Children And Education Naples, FL | $64,099,663 | $36,333,001 |
Kovner Foundation Jupiter, FL | $248,507,218 | $20,059,374 |
The Frederick A Deluca Foundation Inc Fort Lauderdale, FL | $600,132,888 | $178,380,883 |
Pentecost Foundation Bradenton, FL | $0 | $18,642,737 |
Jim Moran Foundation Inc Deerfield Beach, FL | $164,314,225 | $29,377,819 |
Mercer Family Foundation West Palm Beach, FL | $45,700,386 | $29,513,438 |
Thomas W Smith Foundation Boca Raton, FL | $0 | $18,397,811 |