Logo for "Richard and Susan Smith Family Foundation"

Richard and Susan Smith Family Foundation

Richard and Susan Smith Family Foundation

Newton, MA, US
501(c)(3)
EIN
23-7090011
Open for Solicitation
Private Foundation
Regional Funder
Family Foundation
Women Led
Logo for "Richard and Susan Smith Family Foundation"

Richard and Susan Smith Family Foundation

Newton, MA, US
501(c)(3)
EIN
23-7090011
Open for Solicitation
Private Foundation
Regional Funder
Family Foundation
Women Led

Income Statement

Fiscal Year Start:
May 1
Revenues in 2024

$5,681,852

Investments
49%
Other
35%
Contributions
16%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$26,492,706

Grants
69%
Fees to Service Providers
22%
Salaries & Benefits
6%
Other
2%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$5,400,000
$935,101
-83%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,453,011
$2,774,683
+13%
Other
$22,766,642
$1,972,068
-91%
Total Revenues
$30,619,653
$5,681,852
-81%
Expenses
2023
2024
Change
Grants
$18,325,319
$18,236,150
0%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,435,404
$1,554,379
+8%
Fees to Service Providers
$6,553,213
$5,891,566
-10%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$197,363
$201,817
+2%
Interest
$0
$0
-
Depreciation
$740
$740
+0%
Other
$2,889,464
$608,054
-79%
Total Expenses
$29,401,503
$26,492,706
-10%
Net income
2023
2024
Change
Net income
+$1,218,150
-$20,810,854
-1808%
Income Statement
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