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W. W. Smith Charitable Trust

Profile

Last Updated: 2016-08-25

At A Glance

W. W. Smith Charitable Trust

200 Four Falls Corporate Ctr., Ste. 300

West Conshohocken, PA United States 19428-2958

Telephone: (610) 397-1844

URL: www.wwsmithcharitabletrust.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2015-06-30)

Assets: $156,276,722

Total giving: $8,061,557

EIN

236648841

BRIDGE Number

2364215813

Background

Trust established in 1977 in PA - Mr. Smith was chairman of Kewanee Oil Co. and a resident of Montgomery County, PA. Mary L. Smith, the donor's widow, is a trustee of the foundation.

Purpose and Activities

Support for college financial aid programs for qualified needy students at accredited universities and colleges in the Philadelphia, PA area; and for basic medical research programs dealing with cancer, AIDS, and heart disease; and for programs providing food and clothing for children and the elderly.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

College Scholarships

Assistance for needy, worthy full-time undergraduate students at specific accredited four-year universities and colleges in the Philadelphia, PA area (by invitation from the trust only). Out-of-State students who gain residency status due to college enrollment are not eligible for funding. In the Scholars Program the number of and percentage of students on aid determine the size of the trust’s grant to each institution. Further, all stewardship and reporting requirements must have been met in the previous year. The dollar amount of each award made to the individual students is determined by the financial aid office at the institutions. The trust encourages the renewal of the scholarship aid for more than one year. Many students receive a grant for multiple years beginning the freshman year. .

Food, Clothing, and Shelter for Children and the Aged

The program provides basic needs food, clothing and emergency related shelter needs for identified target groups. Site visits prior to the submission of a written proposal are discouraged. Please do telephone the trust’s West Conshohocken office to ask questions prior to preparing a full proposal. All proposals are reviewed carefully. If the request falls within the framework of present priorities, more detailed information may be requested and a site visit initiated by trust staff. Final decisions about qualified proposals and all grant terms are made by the trustees. Proposal endorsement letters are discouraged by the trustees. The trust only funds basic needs .

Heart Disease, Cancer, and AIDS Research

This program supports basic, medical research projects dealing with cancer, heart disease, and AIDS. Grants for basic scientific research for faculty with primary appointments in universities, hospitals, and research centers in the Delaware Valley. To further enhance the effectiveness of the research grants, a distinguished medical advisory committee comprised of leading scientists informs staff and the trustees. This group of experts review the many proposals submitted each year and advise the trustees as to how to fund those projects that will hopefully have an immediate and direct influence upon the fight against heart and cancer disease and AIDS. As the trust principally supports projects in the Delaware Valley, the medical advisors come from institutions outside the Delaware Valley in order to avoid any conflict of interest .

Maritime

Maritime grants provide funding support to non-profit organizations in the Philadelphia, Delaware River, area for maritime educational activities designed to: preserve historic maritime resources, increase public awareness, develop an appreciation for the maritime heritage of Philadelphia, or teach basic or advanced maritime skills. Grants will also be available to support on-going maintenance and preservation of the sailing ship, Gazela, through the Philadelphia Ship Preservation Guild, and eventually develop educational activities using the Gazela as a teaching tool. Grants will be reviewed through the year. Grant requests are funded for one year. Applicants are limited to one proposal at a time and one grant within any 12-month period. This program is restricted to the Philadelphia waterfront and funds only non-profit organizations whose main purpose is maritime education and/or maritime heritage preservation, and the preservation of the Gazela. Educational activities include: activities to enhance public access, use and appreciation for maritime collections; activities designed to encourage preservation of traditional maritime skills; activities designed to teach basic and/or advanced maritime skills; minor construction projects which will improve public access, use and appreciation of educational and/or exhibit spaces of maritime organizations. Preservation of the Gazela: activities related to preservation, restoration and maintenance of the Gazela; activities designed to encourage the preservation of traditional maritime skills;eentually, the development of educational activities using the Gazela as a teaching tool. .

Fields of Interest

Subjects
  • Basic and emergency aid
  • Child welfare
  • Diseases and conditions
  • Education
  • Food aid
  • Heart and circulatory system diseases
  • Higher education
  • HIV/AIDS
  • Homeless services
  • Housing development
  • Housing for the homeless
  • Human services
  • Senior services
  • University education
  • Women's services
Population Groups
  • Academics
  • Adolescents
  • Adults
  • Children and youth
  • Economically disadvantaged people
  • Homeless people
  • Infants and toddlers
  • Low-income and poor people
  • Seniors

Financial Data

Year ended 2015-06-30

Assets: $156,276,722 (market value)

Expenditures: $8,857,884

Total giving: $8,061,557

Qualifying distributions: $8,426,763