Smith & Atcheson Fund For
- Assets
- $1.2m
- Revenue
- $65.4k
- Investments
- $1.2m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/2018
- Data as of
- 12/2023
- EIN
- 82-3533349
Organization Overview
Smith & Atcheson Fund For is located in Washington, DC. The organization was established in 2018. 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. Smith & Atcheson Fund For 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, Smith & Atcheson Fund For generated $65.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (32.4%) each year. All expenses for the organization totaled $82.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Smith & Atcheson Fund For has awarded 62 individual grants totaling $355,257. 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
DISBURSE FUNDS TO NON-PROFITS VOTED ON BY BOARD
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gene M Smith President & Founder | 1 | $0 | |
Rachel K Atcheson Secretary | 1 | $0 | |
Gail S Cornell Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,011 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,881 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,500 |
| Capital Gain Net Income | $37,500 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $65,392 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,220 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $275 |
| Total operating and administrative expenses | $22,121 |
| Contributions, gifts, grants paid | $60,618 |
| Total expenses and disbursements | $82,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,834 |
| Savings and temporary cash investments | $8,470 |
| 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 | $154,542 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,233,893 |
| 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, Smith & Atcheson Fund For has awarded $60,618 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTIAN APPALACHIAN PROJECT PURPOSE: GENERAL MISSION | $10,000 |
ANIMAL OUTLOOK PURPOSE: GENERAL MISSION | $2,618 |
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL MISSION | $2,500 |
FISH WELFARE INITIATIVE PURPOSE: GENERAL MISSION | $5,000 |
GOOD FOOD INSTITUTE PURPOSE: GENERAL MISSION | $2,500 |
MERCY FOR ANIMALS PURPOSE: GENERAL MISSION | $10,000 |