Annette and Paul Smith Charitable Fund

OMAHA, NE EIN: 37-1773564

The Annette and Paul Smith Charitable Fund is a public charity and supporting organization of the Omaha Community Foundation, based in Omaha, Nebraska. Established in 2015, the fund operates as a vehicle for philanthropic giving by Paul and Annette Smith, focusing on charitable, educational, and religious purposes aligned with the Omaha Community Foundation's mission.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+47.4% YoY

Annual Giving

$3.2M

-0.4% YoY

Grant Count

45

+4.7% YoY

Avg Grant Size

$71K

-4.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The fund is organized and operated exclusively for charitable, educational, or religious purposes by supporting the Omaha Community Foundation's mission.

Primary funding areas include:

  • Arts, Culture & Humanities — including support for museums, music organizations, and contemporary arts centers
  • Education & Youth — including support for private schools, colleges, and youth organizations
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

The fund does not currently list active grant opportunities for external applicants, as it operates as a supporting organization of the Omaha Community Foundation.

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Geographic Focus

Where this funder awards grants

The fund's giving focuses primarily on the Omaha, Nebraska region, with additional support in New York and Illinois.

Grant Distribution by State

4states

Cities

Arnolds ParkAshlandChicagoHastingsKearneyLincolnNew YorkOmahaRed Cloud

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (2023):

  • Total assets: $981,127
  • Total revenues: $3,550,227
  • Total expenses: $3,373,784
  • Number of employees: 0

Earlier Data (2024):

  • Total assets: $1,445,703
  • Total giving: $3,301,490
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$1,445,703$981,127$809,025
Revenue$3,827,859$3,550,227$2,515,762
Expenses$3,354,282$3,373,784$3,270,662
Qualifying Distributions
Net Investment Income$27,859$50,227$15,762
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$799K$2M$2M$3M41 grants202040 grants202140 grants202243 grants202345 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Joslyn Art Museum$1.1MAshland Area Foundation$250KCommunity Information Tr…$125KBoys & Girls Club Midlands$110KDowntown Riverfront Trust$100KOmaha Conservatory of Mu…$100KOpera Omaha$100KOmaha Botanical Center Inc$80KGreat Plains Theatre Com…$75KNebraska Public Media Fd…$75K

Grant Size Distribution

209 grants across all recorded years

141<$50K29$50–100K31$100–250K3$250–500K$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Paul G. Smith

  • Graduated from Iowa State University with a B.S. in mechanical engineering
  • Holds an M.B.A. from the University of Nebraska at Omaha
  • Senior managing director of Tenaska Capital Management, a private equity firm focused on power and energy sector investments
  • Founded Paul G. Smith Associates
  • Chairman of the board of Joslyn Art Museum
  • Past chairman of boards for Film Streams, Omaha Conservatory of Music, and Bemis Center for Contemporary Arts

Annette Smith

  • Graduated from Dana College with a bachelor's degree in psychology and business administration
  • Holds a degree in architecture from the University of Nebraska
  • Active fundraiser and community volunteer
  • Works with Alley, Poyner, Macchietto Architecture
  • Board member of Boys & Girls Club of the Midlands

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Todd SimonDirector0.5
Susan LebensDirector1
Michael C LebensDirector1
Paul G SmithVice Pres/Sec1
Annette L SmithPresident/Treas1

Recent News & Activity

Recent developments and announcements

The Smiths have demonstrated sustained commitment to major cultural and educational institutions in Omaha. Their giving has supported:

**Creighton Prep** — at least $1 million in cumulative support to the private, Jesuit high school for boys

**Joslyn Art Museum** — significant ongoing support, with Paul Smith serving as board chairman

**Omaha Conservatory of Music** — major funding and board leadership

**Boys & Girls Club of the Midlands** — family support and Annette's board service

**Jesuit Academy** — educational support

**Bemis Center for Contemporary Arts** — board leadership and support

The couple's philanthropy reflects a focus on arts and culture institutions, educational access, and youth development in the Omaha region.

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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