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Smithfield Preston Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541785583 ✦ Blacksburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is Smithfield Preston Foundation?

The Smithfield Preston Foundation is a nonprofit organization situated in Blacksburg, Virginia, with a postal address at PO Box 11531. With a team of five dedicated individuals, their primary focus is on preserving and interpreting the historical heritage of the region, achieved through the conservation of significant properties. By doing so, they contribute to the community's cultural development and encourage appreciation for its past.


Official website here: www.historicsmithfield.org

Is Smithfield Preston Foundation legitimate?

Smithfield Preston Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smithfield Preston Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $90,411
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,755

For more financial information, click here


Official website here: www.historicsmithfield.org

What is the mission statement of Smithfield Preston Foundation?

The Smithfield Preston Foundation's mission is centered around preserving and interpreting historical properties. By doing so, they aim to safeguard the region's heritage and offer insightful interpretations of its past. Their activities are primarily focused on utilizing historic properties as a means to achieve these objectives. The foundation's work is dedicated to preserving the historical significance of the region, ensuring that future generations can appreciate its rich heritage.


Official website here: www.historicsmithfield.org

Who is the CEO of Smithfield Preston Foundation?

Michael Hudson is the Executive Director of Smithfield Preston Foundation.


Official website here: www.historicsmithfield.org

What is the revenue of Smithfield Preston Foundation?

Smithfield Preston Foundation's revenue in 2023 was $133,861.


Official website here: www.historicsmithfield.org

Who are the executives of Smithfield Preston Foundation and what are their salaries?

The average compensation at Smithfield Preston Foundation during 2023 was $28,033. There are 5 employees and 60 volunteers at Smithfield Preston Foundation.


Here are 22 key members and their salaries:


Michael Hudson (Executive Director)
  • Compensation: $85,639
  • Related: $0
  • Other: $0
Ryan Spencer (Executive Director)
  • Compensation: $4,772
  • Related: $0
  • Other: $0
Marjorie Mcrae (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Robertson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Brizendine (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathalie Gilfoyle (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Wedin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis Phelan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Ryan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Shadle (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Linkous (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Mitchell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Preston Fanney (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Stuart Cassell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Akers (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Masterson Brown (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brockenbrough A Lamb (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Breyton Fraction (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marisela Rosas Hemphill (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Thorp (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Fox Iv (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Riley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.historicsmithfield.org

Where can I find the form 990 for Smithfield Preston Foundation?

Smithfield Preston Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.historicsmithfield.org

Learn more at the official website: www.historicsmithfield.org

Mission Statement of Smithfield Preston Foundation

The Smithfield Preston Foundation is dedicated to preserving and interpreting the rich historical heritage of a particular region. This nonprofit organization takes a proactive approach in safeguarding the past by utilizing historic properties as its primary tools. By doing so, the Smithfield Preston Foundation aims to educate and enlighten individuals about the region's history, thereby fostering a deeper appreciation for its cultural heritage. This mission of preservation and interpretation serves as a testament to the organization's commitment to preserving the region's historical legacy for future generations.

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Impact




October, 2024

The Smithfield Preston Foundation plays a significant role in the preservation and interpretation of historic property in Blacksburg, Virginia. By focusing on the region's heritage, the foundation ensures that vital pieces of history are maintained and accessible to the public. This commitment allows for educational opportunities and cultural enrichment, fostering a deeper understanding and appreciation of the area's historical context. Through its activities, the foundation not only safeguards these historic sites but also promotes the arts, enhancing community engagement and encouraging local pride in the region's diverse heritage.




This information is meant to be a general summary of Smithfield Preston Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$133,861 (2023)
Expenses
$336,690 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $11,355
  • Program Service Revenue: $8,115
  • Gross Receipts: $304,996

Assets and Liabilities:

  • Total Assets: $3,312,598
  • Total Liabilities: $5,056
  • Net Assets: $3,307,542

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Museum admissions

Revenue

$8,115

Organization Details

Founding Year

2000

Principal Officer

Michael Hudson

Main Address

PO Box 11531, Blacksburg, VA, 24062

NTEE Category

Code: A540 - Arts

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