Charles and Carol Smith Foundation

PACIFIC PALISADES, CA EIN: 95-4137627

Charles and Carol Smith Foundation is a private foundation, based in PACIFIC PALISADES, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $284K in total assets. In 2024, it awarded 7 grants totaling $5K. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$284K

+53.5% YoY

Annual Giving

$5K

Grant Count

Avg Grant Size

$657.143

Under IRS private-foundation payout rules, Charles and Carol Smith Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

About Charles and Carol Smith Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $12K (90%)

Minnesota $500 (4%)

New York $500 (4%)

Ohio $250 (2%)

States

California Minnesota New York Ohio

Cities

BellflowerClevelandCommerceDuarteEncinoLos AngelesMalibuMission HillsNew YorkPacific PalisadesPasadenaRedondo BeachSanta MonicaSt CloudTehachapiVenice

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$283,985	$184,947	$136,652
Revenue	$103,869	$49,646	$14,245
Expenses	$4,831	$1,351	$8,772
Qualifying Distributions	$4,715	$675	$8,486
Net Investment Income	$3,078	$41	$206
Distributable Amount	$10,287	$8,013	$4,279

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

31 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bay Cities Tree Preservation ($1,650), Union Rescue Mission ($1,100), LA Phil Affiliates ($500).

Recipient	Purpose	Amount
LA Phil Affiliates Los Angeles, CA	OPERATIONs	$500
Union Rescue Mission Los Angeles, CA	Operations	$1,100
ST Joseph Center Venice, CA	Operations	$250
American Red Cross Commerce, CA	Operations	$500
Bay Cities Tree Preservation Pacific Palisades, CA	Operations	$1,650
Library Foundation of Los Angeles Los Angeles, CA	Operations	$500
The Blake King Corp Redondo Beach, CA	Operations	$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CHARLES SMITH	TRUSTEE	1	—
CAROL SMITH	TRUSTEE	1	—
DAVID AIKENHEAD	DIRECTOR	—	—

Frequently Asked Questions

How large is Charles and Carol Smith Foundation?

As of 2024, Charles and Carol Smith Foundation holds $284K in total assets with $104K in annual revenue. It awarded 7 grants totaling $5K in 2024.

Where does Charles and Carol Smith Foundation operate?

Charles and Carol Smith Foundation has awarded grants in California, Minnesota, New York, Ohio.

What size grants does Charles and Carol Smith Foundation award?

In 2024, Charles and Carol Smith Foundation awarded 7 grants totaling $5K — an average of about $657.143 per grant, based on its IRS Form 990 filings.

How much is Charles and Carol Smith Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles and Carol Smith Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Charles and Carol Smith Foundation's EIN?

Charles and Carol Smith Foundation's EIN (Employer Identification Number) is 95-4137627. IRS Form 990 filing data is available on this page for 2021–2024.