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THE R C SMITH FOUNDATION INC
NORWICH, NY · EIN 201893940 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$862K
expenses
$176K
net assets
$17.4M
employees
—
profile · synthesized from sources

The R C Smith Foundation Inc is a private foundation based in Norwich, NY that makes grants to support community projects and organizations. It funds initiatives related to public spaces, building materials, and local infrastructure improvements. The foundation does not appear to conduct direct service programs itself.

named programs · 4 · from sources

What they call their work

Building Materials
Funds the purchase of building materials for community construction or renovation projects through grants to The Impact Project
Quarterly Distribution
Provides recurring financial support to religious and community organizations on a quarterly basis
South Broad Street Park
Supports development or improvement of a public park located on South Broad Street in Norwich, NY
Street Lights
Finances improvements to street lighting infrastructure in Norwich through grants to the Norwich BID
activities · 3 groups

What they do

  • Capital Infrastructure Funding 2 activities
    • Funding South Broad Street Park project
      Funds the Norwich Building Tomorrow organization for the South Broad Street Park project. This grant supports community development and public space improvement in Norwich.
    • Funding building materials for community initiatives
      Supports The Impact Project by financing the purchase of building materials, enabling the implementation of community development projects.
  • General Support for Catholic and Faith-Based Organizations 1 activity
    • Funding food distribution programs at faith-based organizations
      Provides funding to Holy Family Catholic Church and St Paul's Catholic Church to support their quarterly food distribution activities, addressing local food insecurity through established community partners.
  • Municipal and Community General Support 1 activity
    • Funding public infrastructure improvements
      Provides grants to the Norwich BID for the installation of street lights, contributing to enhanced public safety and urban revitalization efforts in downtown Norwich.
financials · form 990PF · fy2024
revenue
Total revenue$862K
Contributions & grants——
Program service revenue——
Investment income$500K58%
Other revenue$362K
expenses
Total expenses$176K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$64K
Grants paid out$861K
balance sheet
Total assets$17.38M
Cash—
Investments—
Liabilities—
Net assets$17.38M
3 years on record · 2020–2024 · YoY revenue +127.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
RICHARD M RUNYON ADMINISTRATOR 12 $64K
board members · 5
  • MARY W DAVIS — DIRECTOR
  • NANCY RITZEL — DIRECTOR
  • ROY E FULLER — DIRECTOR
  • TERRA CARNRIKE-GRANATA — DIRECTOR
  • WILLIAM TROXELL — DIRECTOR
relationships · 5

Who they work with

  • HOLY FAMILY CATHOLIC CHURCH Partner — Recipient of multiple $45,000 grants for quarterly distribution activities.
  • NORWICH BID Partner — Recipient of a $25,000 grant for street lights.
  • NORWICH BUILDING TOMORROW Partner — Recipient of a $50,000 grant for the South Broad Street Park project.
  • ST PAUL'S CATHOLIC CHURCH Partner — Recipient of multiple $45,000 grants for quarterly distribution activities.
  • THE IMPACT PROJECT Partner — Recipient of $40,000 grants for building materials.