Bill and Pam Smith Foundation Inc

BIRMINGHAM, AL EIN: 82-2489078

Bill and Pam Smith Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.4M in total assets. In 2024, it awarded 2 grants totaling $201K. Net investment income was $706K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.4M

+3.9% YoY

Annual Giving

$201K

-65.8% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$101K

-48.7% YoY

Under IRS private-foundation payout rules, Bill and Pam Smith Foundation Inc reported a distributable amount of $696K for 2024 — the minimum it must pay out in qualifying distributions.

About Bill and Pam Smith Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $2.4M (99%)

Georgia $20K (1%)

States

Alabama Georgia

Cities

AlpharettaBirminghamHomewoodMontgomeryVestavia Hills

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$13,354,379	$12,851,545	$13,136,338
Revenue	$869,213	$458,306	$336,403
Expenses	$365,653	$743,018	$729,117
Qualifying Distributions	$209,391	$596,607	$600,654
Net Investment Income	$705,854	$317,561	$256,357
Distributable Amount	$695,765	$643,853	$651,281

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

19 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Community Foundation of Greater Birmingham ($201,300), Charitable Contributions From Passthroughs ($41).

Recipient	Purpose	Amount
CHARITABLE CONTRIBUTIONS FROM PASSTHROUGHS BIRMINGHAM, AL	CHARITABLE CONTRIBUTION	$41
COMMUNITY FOUNDATION OF GREATER BIRMINGHAM BIRMINGHAM, AL	CHARITABLE	$201,300

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BILL I SMITH	PRESIDENT	5	—
PAMELA YAU SMITH	VICE PRESIDENT/ SECRETARY	5	—
KENNETH H POLK	TREASURER	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Bill and Pam Smith Foundation Inc?

Bill and Pam Smith Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. It holds $13.4M in total assets as of 2024.

How large is Bill and Pam Smith Foundation Inc?

As of 2024, Bill and Pam Smith Foundation Inc holds $13.4M in total assets with $869K in annual revenue. It awarded 2 grants totaling $201K in 2024.

Where does Bill and Pam Smith Foundation Inc operate?

Bill and Pam Smith Foundation Inc has awarded grants in Alabama, Georgia.

What size grants does Bill and Pam Smith Foundation Inc award?

In 2024, Bill and Pam Smith Foundation Inc awarded 2 grants totaling $201K — an average of about $101K per grant, based on its IRS Form 990 filings.

How much is Bill and Pam Smith Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bill and Pam Smith Foundation Inc reported a distributable amount of $696K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bill and Pam Smith Foundation Inc's EIN?

Bill and Pam Smith Foundation Inc's EIN (Employer Identification Number) is 82-2489078. IRS Form 990 filing data is available on this page for 2020–2024.