Smith Edmonds Family Foundation
- Assets
- $14.9m
- Revenue
- $1.5m
- Investments
- $14.4m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2022
- EIN
- 86-3980809
Organization Overview
Smith Edmonds Family Foundation is located in Los Angeles, CA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smith Edmonds Family 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, Smith Edmonds Family Foundation generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (68.5%) each year. All expenses for the organization totaled $290.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Smith President | 2 | $0 | |
Joseph Edmonds CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $805 |
| Interest on Savings | $48,585 |
| Dividends & Interest | $220,446 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,223,380 |
| Capital Gain Net Income | $1,223,380 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,493,216 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,651 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,813 |
| Total operating and administrative expenses | $33,505 |
| Contributions, gifts, grants paid | $256,915 |
| Total expenses and disbursements | $290,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $466,391 |
| 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 | $11,775,779 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,912,136 |
| 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 Edmonds Family Foundation has awarded $256,915 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY PARTNERS INTERNATIONAL PURPOSE: DONATION | $150,000 |
GOLDMAN SACHS PHILANTHROPY FUND PURPOSE: DONATION | $106,915 |