Fred R Smith Foundation
Only null% goes to programs Strong reserves Declining revenue
Fred R Smith Foundation is a 501(c)(3) organization based in Seattle, Washington, registered in 2019, with $288,916 in FY2024 revenue. CharityIndex grades it C+.
1916 Pike Pl Ste 12 Pmb 18, Seattle, WA, 98101 EIN 82-4331996 Since 2019
Revenue (FY2024)
$289K
▲ 4.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$148K
Net assets
$17.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Fred R Smith Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating1430 mo reserves · +49% margin
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 Fred R Smith Foundation: 1430 mo reserves · +49% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Fred R Smith Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Fred R Smith Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1916 Pike Pl Ste 12 Pmb 18, Seattle, WA, 98101
- City
- Seattle
- State
- Washington
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $1.0M (FY2019) to $289K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $12Net assets $17.6M
Operating margin
48.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$17.6M
Total liabilities
$12
Net assets
$17.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $288,916▲4.0% | $147,927▼37.8% | $17,629,092▲0.8% | $17,629,104▲0.8% | 990PF |
| 2023 | $277,743▼80.8% | $237,668▼79.7% | $17,488,103▲0.2% | $17,488,120▲0.2% | 990PF |
| 2022 | $1,443,012▼91.8% | $1,170,175▲68.7% | $17,448,028▲1.6% | $17,448,028▲1.6% | 990PF |
| 2021 | $17,679,503▲1971% | $693,601▼61.9% | $17,175,191▲8974% | $17,175,191▲8974% | 990PF |
| 2020 | $853,751▼15.1% | $1,821,356▲850% | $189,289▼83.6% | $189,289▼83.6% | 990PF |
| 2019 | $1,005,386 | $191,808 | $1,156,894 | $1,156,894 | 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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Frequently asked questions
- Is Fred R Smith Foundation a legitimate nonprofit?
- Yes. Fred R Smith Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-4331996, based in Seattle, Washington. Donations are tax-deductible.
- What is Fred R Smith Foundation's EIN?
- Fred R Smith Foundation's Employer Identification Number (EIN) is 82-4331996.
- How much revenue does Fred R Smith Foundation report?
- Fred R Smith Foundation reported $288,916 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Fred R Smith Foundation have?
- CharityIndex grades Fred R Smith Foundation C+, based on financial health (reserves and operating margin).
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Data for Fred R Smith Foundation (EIN 82-4331996) 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.