501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2023 · Form 990-PFIndependent: 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-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average surplus $2K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 1 of the last 6 filings.
990-PF Pt I · 6 filings
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
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.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$316K
+366% vs prior year
Spent
$378K
Net assets
$1.7M
By yearFY2020–FY2025
Revenue
$316K
FY2023▲ +366%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$75K
FY2022$68K
FY2023$316K
FY2024$414K
FY2025$335K
Expenses
$378K
FY2023▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$324K
FY2021$409K
FY2022$348K
FY2023$378K
FY2024$436K
FY2025$474K
Net assets
$1.7M
FY2023▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.4M
FY2021$2.0M
FY2022$1.7M
FY2023$1.7M
FY2024$1.7M
FY2025$1.5M

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1985.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 85% · $320K Operating & administrative 15% · $58K

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

The filing lists no officers, directors or key staff.

See Smith-Welsh Foundation executive salaries →

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Programs and updates

A private foundation based in Hailey, ID.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 47 grants · $388K · 2025–2025
Individual RecipientFY2025$50,000
Wood River Land TrustFY2025$25,000
Western Rivers ConservancyOR · FY2025$25,000
Individual RecipientFY2025$15,000
Individual RecipientFY2025$15,000
California Trout INCCA · FY2025$10,000
Individual RecipientFY2025$10,000
Children's Hospital of LaFY2025$10,000
Individual RecipientFY2025$10,000
Native Fish Society INCOR · FY2025$10,000
Catalina Island MuseumCA · FY2025$10,000
Project Big WoodFY2025$5,000
The Hunger CoalitionFY2025$5,000
The Community LibraryFY2025$5,000
See all 47 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV18
Average grantPart XV$8K
Median grantPart XV$5K
Largest grantPart XV$50K
Top cause focusNTEEEnvironment (9%)

By the numbers

The FY2023 990-PF, line by line.

1The main four
Money in
$316K
Investment income$316K
Money out
$378K
Grants paid$320K
Running costs$58K
Owns and owes
$1.7M
net assets
Cash and savings$56K
Total assets$1.7M
Liabilities$0
2In more detail
Revenue in detail
Investment income$316K
Total revenue$316K
Assets in detailEnd of year
Cash and savings together$56K
Total assets$1.7M
Liabilities$0
Net assets$1.7M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $335K$474K−$139K$1.5M 990 PDF
FY2024 $414K$436K−$22K$1.7M 990 PDF
FY2023 Viewing $316K$378K−$62K$1.7M 990 PDF
FY2022 $68K$348K−$280K$1.7M 990 PDF
FY2021 $75K$409K−$334K$2.0M 990 PDF
FY2020 $1.2M$324K$847K$2.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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