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Lester And Bernice Smith Foundation is a private corporation based in BELLEVUE, WA. The foundation received its IRS ruling in 1983. The principal officer is Alexander Smith. It holds total assets of $3.1M. Annual income is reported at $388K. Total assets have decreased from $4.4M in 2010 to $3.1M in 2022. The foundation is governed by 2 officers and trustees. The lester and bernice smith foundation provides support to other qualified 501(c)(3) organization allowing them to carry out their charitable activities. Organizations served = 15. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. The foundation primarily funds organizations in Washington and Idaho. According to available records, Lester And Bernice Smith Foundation has made 93 grants totaling $1.1M, with a median grant of $5K. Annual giving has decreased from $311K in 2021 to $245K in 2023. Grantmaking activity was highest in 2022 with $558K distributed across 34 grants. Individual grants have ranged from $500 to $150K, with an average award of $12K. The foundation has supported 53 unique organizations. The foundation primarily supports organizations in Washington, Arizona, Oregon, which account for 85% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$6K
Average Grant
$16K
Largest Grant
$150K
Based on 17 grants from the most recent 990-PF filing.
The lester and bernice smith foundation provides support to other qualified 501(c)(3) organization allowing them to carry out their charitable activities. Organizations served = 15
Expenses: $279K
The lester and bernice smith foundation provides support to other qualified 501(c)(3) organization allowing them to carry out their charitable activities. Organizations served = 15. Based on available records, the foundation has funded 93 grants. Its grantmaking reaches organizations primarily in WA, AZ, OR.
Lester And Bernice Smith Foundation has distributed a total of $1.1M across 93 grants. The median grant size is $5K, with an average of $12K. Individual grants have ranged from $500 to $150K.
Lester And Bernice Smith Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lester And Bernice Smith Foundation is headquartered in BELLEVUE, WA. While based in WA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alexander M Smith | DIRECTOR (PART-TIME) | $0 | $0 | N/A |
| Kimberly Miller | DIRECTOR (PART-TIME) | $0 | $0 | N/A |
Total Giving
$279K
Total Assets
$3.1M
Fair Market Value
$3.8M
Net Worth
$3.1M
Grants Paid
$245K
Contributions
N/A
Net Investment Income
$47K
Distribution Amount
$197K
Total: $183K
Total Grants
93
Total Giving
$1.1M
Average Grant
$12K
Median Grant
$5K
Unique Recipients
53
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Rivkin Center For Ovarian CancerGENERAL OPERATION | Seattle, WA | $105K | 2023 |
| The Cuyamungue InstituteGENERAL OPERATION | Sedona, AZ | $25K | 2023 |
| Hawaii State Junior Golf AssociationGENERAL OPERATION | Lihue, HI | $16K | 2023 |
| Children'S Miracle Network HospitalsGENERAL OPERATION | Salt Lake City, UT | $15K | 2023 |
| Renton Schools FoundationGENERAL OPERATION | Renton, WA | $10K | 2023 |
| King County Sexual Assault Resource CenterGENERAL OPERATION | Renton, WA | $10K | 2023 |
| Bellevue Rotary FoundationGENERAL OPERATION | Bellevue, WA | $10K | 2023 |
| Congregations For The HomelessGENERAL OPERATIONS | Bellevue, WA | $10K | 2023 |
| Village TheatreGENERAL OPERATION | Issaquah, WA | $8K | 2023 |
| Kline Galland FoundationGENERAL OPERATION | Seattle, WA | $7K | 2023 |
| Holy Names Academy FoundationGENERAL OPERATIONS | Seattle, WA | $6K | 2023 |
| Justice And Soul FoundationGENERAL OPERATIONS | Shoreline, WA | $5K | 2023 |
| The Overlake SchoolGENERAL OPERATION | Redmond, WA | $5K | 2023 |
| Safe CrossingsGENERAL OPERATION | Seattle, WA | $5K | 2023 |
| Ho 'Ola Na PuaGENERAL OPERATION | Honolulu, HI | $3K | 2023 |
| Ocean Beach Hospital FoundationGENERAL OPERATIONS | Ilwaco, WA | $3K | 2023 |
| St Jude Children'S Research HospitalGENERAL OPERATIONS | Seattle, WA | $1K | 2023 |
| Ronald Mcdonald House CharitiesGENERAL OPERATIONS | Seattle, WA | $1K | 2023 |
| Space Needle FoundationGENERAL OPERATIONS | Seattle, WA | $1K | 2023 |
| Renton Regional Community FoundationGENERAL OPERATION | Renton, WA | $1K | 2023 |
| Providence Children'S Health FoundationGENERAL OPERATION | Portland, OR | $10K | 2022 |
| The Overlake HospitalGENERAL OPERATION | Bellevue, WA | $10K | 2022 |
| Children'S Miracle NetworkGENERAL OPERATION | Spokane, WA | $4K | 2022 |
| Camp Rainbow Gold IncGENERAL OPERATION | Boise, ID | $2K | 2022 |
| Generation AliveGENERAL OPERATION | Spokane, WA | $1K | 2022 |
| Idaho Ffa FoundationGENERAL OPERATION | Meridian, ID | $1K | 2022 |
| Financial Beginnings WashingtonGENERAL OPERATION | Tukwila, WA | $1K | 2022 |