Also known as: FOUNDATION INC
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Robert H Smith School Of Business Foundation Inc. is a private corporation based in POTOMAC, MD. The foundation received its IRS ruling in 1975. It holds total assets of $13.5M. Annual income is reported at $5.7M. Total assets have grown from $7M in 2011 to $13.5M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. According to available records, Robert H Smith School Of Business Foundation Inc. has made 4 grants totaling $80K, with a median grant of $20K. Individual grants have ranged from $15K to $25K, with an average award of $20K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Robert H Smith School Of Business Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MD.
Robert H Smith School Of Business Foundation Inc. has distributed a total of $80K across 4 grants. The median grant size is $20K, with an average of $20K. Individual grants have ranged from $15K to $25K.
Robert H Smith School Of Business Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Robert H Smith School Of Business Foundation Inc. is headquartered in POTOMAC, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ron Olson | ASST TREASURER / ASST SECRETARY | $0 | $0 | N/A |
| Joanne W Weimer | SECRETARY | $0 | $0 | N/A |
| John Boyle | CHAIRMAN | $0 | $0 | N/A |
| Charles Olson | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$13.5M
Fair Market Value
N/A
Net Worth
$13.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$80K
Average Grant
$20K
Median Grant
$20K
Unique Recipients
2
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Maryland College Park FoundationTO SUPPORT THE ACTIVITIES OF THE UNIVERSITY OF MARYLAND | College Park, MD | $25K | 2023 |
| University Of MarylandTO SUPPORT THE ACTIVITIES OF THE UNIVERSITY OF MARYLAND | College Park, MD | $15K | 2023 |