Frank J Smith Endowment Foundation is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1994, with $209,366 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$209K
▲ 85.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$245K
Net assets
$3.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Frank J Smith Endowment Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Frank J Smith Endowment Foundation: 173 mo reserves · -17% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Frank J Smith Endowment Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Frank J Smith Endowment Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $313K (FY2013) to $209K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-17.0%
Spent more than it raised in the latest fiscal year.
Total assets
$3.5M
Total liabilities
$0
Net assets
$3.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $209,366▲85.9% | $244,931▲12.0% | $3,523,370▼1.1% | $3,523,370▼1.1% | 990PF |
| 2023 | $112,652▲3271% | $218,677▼23.0% | $3,561,405▼2.9% | $3,561,405▼2.9% | 990PF |
| 2022 | $3,342▼99.1% | $283,841▲5.4% | $3,665,996▼7.1% | $3,665,996▼7.1% | 990PF |
| 2021 | $360,854▲892% | $269,282▲3.4% | $3,946,228▲2.3% | $3,946,228▲2.3% | 990PF |
| 2020 | $36,362▼80.6% | $260,548▲8.9% | $3,856,408▼5.5% | $3,856,408▼5.5% | 990PF |
| 2019 | $187,250▼83.0% | $239,317▼7.7% | $4,081,483▼1.3% | $4,081,483▼1.3% | 990PF |
| 2018 | $1,104,142▲508% | $259,179▲10.3% | $4,133,542▲25.7% | $4,133,542▲25.7% | 990PF |
| 2017 | $181,458▲16.9% | $234,896▲0.8% | $3,288,568▼1.6% | $3,288,568▼1.6% | 990PF |
| 2016 | $155,216▼43.7% | $233,027▼2.6% | $3,342,006▼2.3% | $3,342,006▼2.3% | 990PF |
| 2015 | $275,867▼10.8% | $239,143▲3.1% | $3,419,821▲1.1% | $3,419,821▲1.1% | 990PF |
| 2014 | $309,361▼1.0% | $232,018▲6.9% | $3,383,092▲2.3% | $3,383,092▲2.3% | 990PF |
| 2013 | $312,630 | $217,080▲2.9% | $3,305,752▲3.0% | $3,305,752▲3.0% | 990PF |
| 2012 | — | $210,914▼5.8% | $3,210,200▼1.4% | $3,210,200▼1.4% | 990PF |
| 2011 | — | $223,855 | $3,257,082 | $3,257,082 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Frank J Smith Endowment Foundation (EIN 35-6598564) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.