William And Anne Smith Foundation
- Assets
- $2.3m
- Revenue
- $82.3k
- Investments
- $1.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2023
- EIN
- 83-2228010
Organization Overview
William And Anne Smith Foundation is located in Wilmington, DE. 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. William And Anne 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 12/2023, William And Anne Smith Foundation generated $82.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $60.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Smith Dir, Pres | 1 | $0 | |
William Smith Dir, Sec, Treas | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,895 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $78,426 |
| Capital Gain Net Income | $78,426 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $82,321 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,600 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,578 |
| Total operating and administrative expenses | $20,178 |
| Contributions, gifts, grants paid | $40,300 |
| Total expenses and disbursements | $60,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,180,433 |
| 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 | $2,254,993 |
| 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 | $1,041,760 |
| Total liabilities | $1,041,760 |
Grants Awarded
Over the last fiscal year, William And Anne Smith Foundation has awarded $40,300 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY OF CHARTER SCHOOLS INC PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
J SIGG PURPOSE: SHORT-TERM EMERGENCY ASSISTANCE GRANT | $1,500 |
HEALING WARRIORS PROGRAM PURPOSE: CHARITABLE EVENT | $1,000 |
LITTLE LEAGUE BASEBALL INC PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
PALMAS COMMUNITY CHURCH PURPOSE: GENERAL & UNRESTRICTED | $14,500 |
PALMAS COMMUNITY CHURCH PURPOSE: BACK TO SCHOOL BENEVOLENCE | $200 |