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Gilmer Smith Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$57.2k (2024)

Expenses
$103k (2024)

Total Assets
$1.11M (2024)

Total Liabilities
$1.01k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Nov.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$57,242
Expenses
$102,786
Net Income
-$45,544
Net Assets
$1,104,924
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $68
0.1%
Dividends $54,150
94.6%
Sales of Assets $2,819
4.9%
Other Income $205
0.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $82,514
80.3%
Compensation of Officers* $9,600
9.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,105,932
Total Liabilities $1,008
Net Assets $1,104,924
Compensation
Key Employees and Officers Compensation Other
George T Fawcett Jr (Chairman) $2,400 $0
Mary C Fawectt (Trustee) $2,400 $0
Faith B Ashby (Trustee) $2,400 $0
Paul G Patterson (Trustee) $2,400 $0

Document Links

Fiscal Year Ending Nov.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$44,853
Expenses
$101,912
Net Income
-$57,059
Net Assets
$1,150,979
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $48
0.1%
Dividends $54,921
> 100%
Sales of Assets -$10,324
Other Income $208
0.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $81,700
80.2%
Compensation of Officers* $9,600
9.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,152,051
Total Liabilities $1,072
Net Assets $1,150,979
Compensation
Key Employees and Officers Compensation Other
George Thomas Fawcett Jr (Chariman) $2,400 $0
Mary C Fawcett (Trustee) $2,400 $0
Faith B Ashby (Trustee) $2,400 $0
Paul G Patterson (Trustee) $2,400 $0

Document Links

Fiscal Year Ending Nov.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$399,696
Expenses
$130,778
Net Income
$268,918
Net Assets
$1,208,521
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $24
0.0%
Dividends $37,567
9.4%
Sales of Assets $361,720
90.5%
Other Income $385
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $110,804
84.7%
Compensation of Officers* $9,600
7.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,213,853
Total Liabilities $5,332
Net Assets $1,208,521
Compensation
Key Employees and Officers Compensation Other
George Thomas Fawcett Jr (Chariman) $2,400 $0
Mary C Fawcett (Trustee) $2,400 $0
Faith B Ashby (Trustee) $2,400 $0
Paul G Patterson (Trustee) $2,400 $0

Document Links

Fiscal Year Ending Nov.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$89,369
Expenses
$100,623
Net Income
-$11,254
Net Assets
$944,876
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2
0.0%
Dividends $37,509
42.0%
Sales of Assets $51,428
57.5%
Other Income $430
0.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $80,470
80.0%
Compensation of Officers* $9,600
9.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $946,159
Total Liabilities $1,283
Net Assets $944,876
Compensation
Key Employees and Officers Compensation Other
George Thomas Fawcett Jr (Chariman) $2,400 $0
Mary C Fawcett (Trustee) $2,400 $0
Faith B Ashby (Trustee) $2,400 $0
Paul G Patterson (Trustee) $2,400 $0

Document Links

Fiscal Year Ending Nov.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$79,969
Expenses
$112,697
Net Income
-$32,728
Net Assets
$957,086
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $19
0.0%
Dividends $47,289
59.1%
Sales of Assets $31,532
39.4%
Other Income $1,129
1.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $92,164
81.8%
Compensation of Officers* $9,600
8.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $958,142
Total Liabilities $1,056
Net Assets $957,086
Compensation
Key Employees and Officers Compensation Other
George Thomas Fawcett Jr (Chariman) $2,400 $0
Mary C Fawcett (Trustee) $2,400 $0
Faith B Ashby (Trustee) $2,400 $0
Paul G Patterson (Trustee) $2,400 $0

Document Links

Fiscal Year Ending Nov.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$95,598
Expenses
$123,093
Net Income
-$27,495
Net Assets
$990,397
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $78
0.1%
Dividends $52,643
55.1%
Sales of Assets $42,507
44.5%
Other Income $370
0.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $102,148
83.0%
Compensation of Officers* $9,600
7.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $991,480
Total Liabilities $1,083
Net Assets $990,397
Compensation
Key Employees and Officers Compensation Other
George Thomas Fawcett Jr (Chariman) $2,400 $0
Mary C Fawcett (Trustee) $2,400 $0
Faith B Ashby (Trustee) $1,600 $0
Paul G Patterson (Trustee) $1,400 $0
Betty B Patterson (Trustee) $1,000 $0
David J Beal (Trustee) $800 $0

Document Links

Fiscal Year Ending Nov.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$123,697
Expenses
$135,514
Net Income
-$11,817
Net Assets
$1,018,635
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $99
0.1%
Dividends $53,483
43.2%
Sales of Assets $70,085
56.7%
Other Income $30
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $113,860
84.0%
Compensation of Officers* $10,400
7.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,020,043
Total Liabilities $1,408
Net Assets $1,018,635
Compensation
Key Employees and Officers Compensation Other
David J Beal (Chairman) $2,600 $0
Betty B Patterson (Trustee) $2,600 $0
George Thomas Fawcett Jr (Secretary) $2,600 $0
Mary C Fawcett (Trustee) $2,600 $0

Document Links

Fiscal Year Ending Nov.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$118,580
Expenses
$131,922
Net Income
-$13,342
Net Assets
$1,031,472
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $46
0.0%
Dividends $58,197
49.1%
Sales of Assets $59,819
50.4%
Other Income $518
0.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $103,186
78.2%
Compensation of Officers* $19,200
14.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,032,819
Total Liabilities $1,347
Net Assets $1,031,472
Compensation
Key Employees and Officers Compensation Other
David J Beal (Chairman) $4,800 $0
Betty B Patterson (Trustee) $4,800 $0
George Thomas Fawcett Jr (Secretary) $4,800 $0
Mary C Fawcett (Trustee) $4,800 $0

Document Links

Fiscal Year Ending Nov.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$90,123
Expenses
$128,177
Net Income
-$38,054
Net Assets
$1,046,054
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $35
0.0%
Dividends $59,437
66.0%
Sales of Assets $29,491
32.7%
Other Income $1,160
1.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $99,610
77.7%
Compensation of Officers* $19,200
15.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,047,168
Total Liabilities $1,114
Net Assets $1,046,054
Compensation
Key Employees and Officers Compensation Other
David J Beal (Chairman) $4,800 $0
Betty B Patterson (Trustee) $4,800 $0
George Thomas Fawcett Jr (Secretary) $4,800 $0
Mary C Fawcett (Trustee) $4,800 $0

Document Links

Fiscal Year Ending Nov.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$93,500
Expenses
$131,095
Net Income
-$37,595
Net Assets
$1,085,388
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $24
0.0%
Dividends $66,141
70.7%
Sales of Assets $26,696
28.6%
Other Income $639
0.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $102,314
78.0%
Compensation of Officers* $19,200
14.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,086,477
Total Liabilities $1,089
Net Assets $1,085,388
Compensation
Key Employees and Officers Compensation Other
David J Beal (Chairman) $4,800 $0
Betty B Patterson (Trustee) $4,800 $0
George Thomas Fawcett Jr (Secretary) $4,800 $0
Mary C Fawcett (Trustee) $4,800 $0

Document Links

Fiscal Year Ending Nov.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$95,298
Expenses
$144,548
Net Income
-$49,250
Net Assets
$1,124,318
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $30
0.0%
Dividends $68,468
71.8%
Sales of Assets $26,800
28.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $105,674
73.1%
Compensation of Officers* $19,200
13.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,125,203
Total Liabilities $885
Net Assets $1,124,318
Compensation
Key Employees and Officers Compensation Other
David J Beal (Chairman) $4,800 $0
Betty B Patterson (Trustee) $4,800 $0
George Thomas Fawcett Jr (Secretary) $4,800 $0
Mary C Fawcett (Trustee) $4,800 $0

Document Links

Fiscal Year Ending Nov.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$72,768
Expenses
$155,662
Net Income
-$82,894
Net Assets
$1,175,094
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $37
0.1%
Dividends $71,496
98.3%
Sales of Assets $0
Other Income $1,516
2.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $108,578
69.8%
Compensation of Officers* $19,375
12.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,176,630
Total Liabilities $1,536
Net Assets $1,175,094

Document Links

Fiscal Year Ending Nov.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$206,034
Expenses
$218,840
Net Income
-$12,806
Net Assets
$1,260,452
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $178
0.1%
Dividends $80,573
39.1%
Sales of Assets $124,477
60.4%
Other Income $806
0.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $165,023
75.4%
Compensation of Officers* $21,800
10.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,263,223
Total Liabilities $2,771
Net Assets $1,260,452

Document Links

Fiscal Year Ending Nov.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$85,565
Expenses
$211,210
Net Income
-$125,645
Net Assets
$1,275,357
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $47
0.1%
Dividends $83,584
97.7%
Sales of Assets $0
Other Income $1,934
2.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $171,659
81.3%
Compensation of Officers* $20,800
9.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,277,592
Total Liabilities $2,235
Net Assets $1,275,357

Document Links

Fiscal Year Ending Nov.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

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Types of Nonprofits

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