Kaye B Smith Foundation Inc is located in Eastman, GA. The organization was established in 1997. 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. Kaye B 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.
For the year ending 12/2023, Kaye B Smith Foundation Inc generated $38.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $61.7k during the year ending 12/2023. While expenses have increased by 7.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Kaye B Smith Foundation Inc has awarded 172 individual grants totaling $210,223. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO CHURCHES AND ASSOCIATIONS OF CHURCHES
DONATIONS TO RESTORATION PROJECTS
DONATION TO CHILDRENS CHRISTMAS GIFTS
DONATION TO SUPPORT SERVICES TO SENIORS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kaye B Smith President Director | 1 | $0 | |
Hal M Smith Jr Treasurer Director | 1 | $0 | |
Hal M Smith III Director | 1 | $0 | |
Evelyn Huntley Director | 1 | $0 | |
Marla Smith Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12 |
| Dividends & Interest | $31,454 |
| 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 | $7,187 |
| Total Revenue | $38,653 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $332 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36 |
| Total operating and administrative expenses | $368 |
| Contributions, gifts, grants paid | $61,300 |
| Total expenses and disbursements | $61,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,078 |
| 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 | $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 | $0 |
| Other assets | $0 |
| Total assets | $1,353,799 |
| 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, Kaye B Smith Foundation Inc has awarded $61,300 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSOCIATION PURPOSE: SUPPORT ALZHEIMERS RESEARCH | $250 |
AMERICAN CANCER SOCIETY PURPOSE: SUPPORT CANCER RESEARCH | $250 |
AMERICAN HEART ASSOCIATION PURPOSE: SUPPORT HEART RESEARCH | $250 |
ATLANTA CHRISTIAN CHURCH PURPOSE: SUPPORT RELIGIOUS ACTIVITIES | $6,000 |
BASEBALL HALL OF FAME PURPOSE: SUPPORT BASEBALL HISTORY | $500 |
COOPERATIVE BAPTIST FELLOWSHIP PURPOSE: SUPPORT RELIGIOUS ACTIVITIES | $1,000 |