Also known as: FOUNDATION
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Russell H & Maxine E Smith Charitable Foundation is a private corporation based in BAY CITY, MI. The foundation received its IRS ruling in 1991. It holds total assets of $2.1M. Annual income is reported at $672K. The foundation is governed by 6 officers and trustees. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Michigan. According to available records, Russell H & Maxine E Smith Charitable Foundation has made 59 grants totaling $785K, with a median grant of $12K. The foundation has distributed between $135K and $354K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $354K distributed across 26 grants. Individual grants have ranged from $2K to $30K, with an average award of $13K. The foundation has supported 24 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$15K
Average Grant
$14K
Largest Grant
$30K
Based on 11 grants from the most recent 990-PF filing.
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.
Russell H & Maxine E Smith Charitable Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 59 grants. Its grantmaking reaches organizations primarily in MI.
Russell H & Maxine E Smith Charitable Foundation has distributed a total of $785K across 59 grants. The median grant size is $12K, with an average of $13K. Individual grants have ranged from $2K to $30K.
The application deadline is REQUESTS MUST BE RECEIVED BY THE LAST DAY OF THE MONTH PRECEEDING THE NEXT SCHEDULED BOARD MEETING.. Must be to a charitable organization for the support of programs and projects which benefit the residents of bay county.
Russell H & Maxine E Smith Charitable Foundation is headquartered in BAY CITY, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara Engelhardt-Carter | TTEE/TREASURER | $0 | $0 | N/A |
| Dominic Monastiere | TTEE/PRESIDENT | $0 | $0 | N/A |
| Jean Manning | TTEE/V-P | $0 | $0 | N/A |
| Thomas H Tabor | TTEE/SECRETARY | $0 | $0 | N/A |
| Heather Gallegos | TTEE | $0 | $0 | N/A |
| G Matthew Jeffrey | TTEE | $0 | $0 | N/A |
Total Giving
$158K
Total Assets
$2.1M
Fair Market Value
$2.6M
Net Worth
$2.1M
Grants Paid
$135K
Contributions
N/A
Net Investment Income
$120K
Distribution Amount
$122K
Total: $1.9M
Total Grants
59
Total Giving
$785K
Average Grant
$13K
Median Grant
$12K
Unique Recipients
24
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bay Area Soccer AssociationGRANT FOR IMPROVEMENTS TO MAPLEWOOD PARK | Bay City, MI | $30K | 2023 |
| City Of Bay CityGRANT FOR IMPROVEMENTS TO THE KANTZLER ARBORETUM | Bay City, MI | $20K | 2023 |
| Svsu FoundationGRANT TO FUND COLLEGE OF BUSINESS | University Center, MI | $15K | 2023 |
| Boys And Girls Club Of Bay CountyGRANT FOR BUILDING IMPROVEMENTS | Bay City, MI | $14K | 2023 |
| Foster Families Navigation & Resource CenterGRANT FOR THE CREATION OF HAVEN 127, WHERE YOUTH CAN RELAX WHILE THEY WAIT PLACEMENT AFTER REMOVAL | Bay City, MI | $13K | 2023 |
| Good Samaritan Rescue MissionGRANT FOR YOUTH HOUSING AREA | Bay City, MI | $10K | 2023 |
| Bay Area Community FoundationSCHOLARSHIP ENDOWMENT | Bay City, MI | $10K | 2023 |
| Disability Services Resource CenterGRANT FOR PARKING LOT REPAIRS, ADDITIONS AND STRIPING | Bay City, MI | $10K | 2023 |
| Friends Of The Historic Masonic TempleGRANT FOR RESTORATION AND REPAIR | Bay City, MI | $8K | 2023 |
| Dow Bay Area Family YmcaGRANT TO CONSTRUCT A NEW PARK ON SAGINAW STREET ACROSS FROM THE DOW BAY AREA FAMILY YMCCA | Bay City, MI | $25K | 2022 |
| Antique Toy And Firetruck MuseumGRANT FOR RENOVATIONS OF FIREHOUSE | Bay City, MI | $20K | 2022 |
| Camp Fish Tales IncGRANT FOR IMPROVEMENTS TO THE PLAYGROUND AREA | Pinconning, MI | $12K | 2022 |
| Leadership Bay County Class ProjectGRANT FOR FUNDING THE LEADERSHIP BAY COUNTY CLASS PROJECT | Bay City, MI | $11K | 2022 |
| Great Lakes Bay Regional AllianceSVSU CHIEF SCIENCE OFFICER PROGRAM FOR BAY COUNTY SCHOOLS | Freeland, MI | $2K | 2022 |
| Friends Of Pinconning Community CenterGRANT FOR PINCONNING COMMUNITY CENTER RENOVATIONS | Pinconning, MI | $30K | 2021 |
| State TheatreGRANT FOR PAVILION AND ANCILLARY BUILDING IN WENONAH PARK | Bay City, MI | $25K | 2021 |
| Studio 23GRANT FOR CLASSROOM/STUDIO RENOVATION | Bay City, MI | $20K | 2021 |
| Bay County Historical SocietyGRANT FOR RENOVATION OF LIBRARY | Bay City, MI | $15K | 2021 |
| Self Love BeautyGRANT FOR CONFIDENCE BUILDING PROGRAM | Midland, MI | $10K | 2021 |
| Saginaw Valley Naval Ship MuseumGRANT FOR SEA WALL CONSTRUCTION | Bay City, MI | $7K | 2021 |