Francis T Smith Endowment Tr

Tax-deductible

Orlando, FL501(c)(3)Foundations & GrantmakersEIN 38-3766498

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509(a)(3)supporting organization related to christ church epis schl,greenville SC

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$19K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $198K a year · 43% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$19K
to officers and key staff · 8% of spending
Top officer’s pay lower than 82% of similar orgs
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
15 mo
of spending, in cash
Looks good: 15.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$307K
×80 vs prior year
Spent
$252K
To programs
70%
Net assets
$3.2M
By yearFY2020–FY2025
Revenue
$307K
FY2025▲ ×80
Revenue by fiscal year
FY2020$116K
FY2021$82K
FY2022$283K
FY2023$2.0M
FY2024$4K
FY2025$307K
Expenses
$252K
FY2025▼ -1%
Expenses by fiscal year
FY2020$252K
FY2021$270K
FY2022$304K
FY2023$261K
FY2024$256K
FY2025$252K
Net assets
$3.2M
FY2025▼ -15%
Net assets by fiscal year
FY2020$3.9M
FY2021$4.6M
FY2022$3.7M
FY2023$3.4M
FY2024$3.7M
FY2025$3.2M

From the FY2025 Form 990 (year ending October 2025) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $175K Management & general 30% · $77K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $19K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$18,919Pt VII · Sec A

Truist Bank’s $19K as Trustee is at the 18th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports Christ Church Episcopal School in Greenville, SC.

Provided by the organization

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1 program service account for $175K of program spending, described in the organization's own filed words · FY2024.
01

Financial support to christ church episcopal school, greenville south carolina, by means of a direct cash grant

$175Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $884K · 2020–2024
Christ Church Episcopal SchoolSC · FY2024$165,958
Christ Church Episcopal SchoolSC · FY2023$165,282
Christ Church Episcopal SchoolSC · FY2022$177,105
Christ Church Episcopal SchoolSC · FY2021$206,950
Christ Church Episcopal SchoolSC · FY2020$168,249

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$307K
Ln 12
Investment incomeLn 3$307K
Money outPt IX
$252K
Ln 25
Programscol B$175K
Managementcol C$77K
Owns and owesPt X
$3.2M
net assets · Ln 32
Cash and savingsLn 1–2$319K
Total assetsLn 16$3.2M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$307K
Gains on assetsLn 7$216K
Total revenueLn 12$307K
Assets in detailPt X, end of year
CashLn 1$319K
Cash and savings togetherLn 1–2$319K
InvestmentsLn 11–13$2.9M
Total assetsLn 16$3.2M
LiabilitiesLn 26$0
Net assetsLn 32$3.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderOctober
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$319K
InvestmentsLn 11–13$3.7M$2.9M
Total assetsLn 16$3.7M$3.2M
LiabilitiesLn 26$0$0
Net assetsLn 32$3.7M$3.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$166K$166K
Pay of current officers, directors and key staffLn 5$19K$9K$9K
Accounting feesLn 11c$3K$3K
Investment management feesLn 11f$63K$0$63K
Other fees for servicesLn 11g$30$30
Other expenses (24a–d)Ln 24$932$932
Total functional expensesLn 25$252K$175K$77K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $307K$252K$55K$3.2M 990 PDF
FY2024 $4K$256K−$252K$3.7M 990 PDF
FY2023 $2.0M$261K$1.7M$3.4M 990 PDF
FY2022 $283K$304K−$22K$3.7M 990 PDF
FY2021 $82K$270K−$187K$4.6M 990 PDF
FY2020 $116K$252K−$136K$3.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $306,799 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $90,764$90,764
VIII-7 Net gain or loss on sales of assetsExcluded from tax $216,035$216,035
VIII-12 Total revenueExcluded from tax $306,799$306,799
Part IX · Statement of functional expenses $252,174 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $165,958$165,958
IX-5 Pay of current officers, directors and key staffPrograms $9,460 · Management $9,460$18,920
IX-11c Accounting feesManagement $3,100$3,100
IX-11f Investment management feesPrograms $0 · Management $63,234$63,234
IX-11g Other fees for servicesManagement $30$30
IX-24 Other expenses (24a–d)Management $932$932
IX-25 Total functional expensesPrograms $175,418 · Management $76,756 · Fundraising $0$252,174
Part X · Balance sheet $3,172,356 assets, 6 lines filed
X-1 Cash, non-interest-bearing$318,692
X-11 Publicly traded securitiesStart of year $3,713,412$2,853,664
X-16 Total assetsStart of year $3,713,412$3,172,356
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $3,713,412$3,172,356
X-33 Total liabilities and net assetsStart of year $3,713,412$3,172,356
Part XI · Reconciliation of net assets $3,172,356 net assets at year end
XI-1 Total revenue$306,799
XI-2 Total expenses$252,174
XI-3 Revenue less expenses$54,625
XI-4 Net assets at start of year$3,713,412
XI-9 Other changes in net assets−$595,681
XI-10 Net assets at end of year$3,172,356

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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