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Nonprofit · EIN 81-4631478

SMIDT FOUNDATION

Tax-exempt · BEVERLY HILLS, CA 90210

Financials

$6.5M$26.9M2023$8.1M$17.2M2024
Revenue Expenses · by fiscal year end
Financials of SMIDT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$8,134,180$17,163,900-$9,029,720$269,880,874$7,260,974$262,619,900
December 31, 2023990-PF$6,459,114$26,913,265-$20,454,151$267,841,665$13,544,074$254,297,591
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$5,042,491
Interest
$3,059,925
Net gain from sales of assets
$31,716
Other income
$48

Expenses

Grants and similar amounts paid
$14,641,527
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$23,050,141
Excise tax on investment income
$109,251

Balance sheet and other

Total assets, start of year
$267,841,665
Total assets, end of year
$269,880,874
Total liabilities, end of year
$7,260,974
Net assets, end of year
$262,619,900
Fair market value of assets
$269,880,874
Qualifying distributions
$23,050,141
Net investment income
$8,119,634

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ERIC L SMIDT
9355 WILSHIRE BOULEVARD SUITE 400, BEVERLY HILLS, CA 90210
DIRECTOR / PRESIDENT1$0
ALLAN G MUTCHNIK
9355 WILSHIRE BOULEVARD SUITE 400, BEVERLY HILLS, CA 90210
DIRECTOR / TREASURER1$0
SABA YAZDANI
9355 WILSHIRE BOULEVARD SUITE 400, BEVERLY HILLS, CA 90210
SECRETARY1$0
SUSAN SMIDT
9355 WILSHIRE BOULEVARD SUITE 400, BEVERLY HILLS, CA 90210
BOARD MEMBER (TERM BEG 7/1/2024)1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ERIC L SMIDT
9355 WILSHIRE BOULEVARD SUITE 400, BEVERLY HILLS, CA 90210
DIRECTOR / PRESIDENT1$0
ALLAN G MUTCHNIK
9355 WILSHIRE BOULEVARD SUITE 400, BEVERLY HILLS, CA 90210
DIRECTOR / TREASURER1$0
SABA YAZDANI
9355 WILSHIRE BOULEVARD SUITE 400, BEVERLY HILLS, CA 90210
SECRETARY1$0

Address and contacts

Address (IRS master file)
9355 WILSHIRE BLVD STE 400, BEVERLY HILLS, CA 90210-5436
Signed the 990-PF
ALLAN MUTCHNIK, DIRECTOR/TREASURER
Phone
(310) 800-1873
Return prepared by
ERNST & YOUNG US LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
81-4631478
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2017
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$269,880,874
Income (IRS master file)
$8,134,180

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$8,134,180$17,163,900$269,880,874XML
990-TDecember 2024–––IRS
990-PFDecember 2023$6,459,114$26,913,265$267,841,665XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about SMIDT FOUNDATION

What is the EIN of SMIDT FOUNDATION?
The employer identification number (EIN) of SMIDT FOUNDATION is 81-4631478.
Is SMIDT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to SMIDT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SMIDT FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SMIDT FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SMIDT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of SMIDT FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does SMIDT FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $8,134,180, expenses of $17,163,900 and total assets of $269,880,874 at year end.

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