David Wallace Smith and Joan Stowell Smith
David Wallace Smith and Joan Stowell Smith is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 37 grants totaling $114K. Net investment income was $151K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
-2.9% YoY
Annual Giving
$114K
-11.6% YoY
Grant Count
37
-17.8% YoY
Avg Grant Size
$3K
+7.5% YoY
Under IRS private-foundation payout rules, David Wallace Smith and Joan Stowell Smith reported a distributable amount of $149K for 2024 — the minimum it must pay out in qualifying distributions.
About David Wallace Smith and Joan Stowell Smith
Based on IRS filings
David Wallace Smith and Joan Stowell Smith is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 37 grants totaling $114K. Net investment income was $151K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,113,778 | $2,175,906 | $2,211,755 |
| Revenue | $85,361 | $127,373 | $167,200 |
| Expenses | $148,989 | $163,222 | $198,835 |
| Qualifying Distributions | $130,643 | $144,609 | $165,905 |
| Net Investment Income | $150,666 | $263,051 | $486,334 |
| Distributable Amount | $148,729 | $129,054 | $126,250 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
154 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Center for Furniture Craftsmanship ($20,000), Johns Hopkins University ($10,000), Roper St Francis Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 15-10 FOUNDATION NIANTIC, CT | General & Unrestricted | $2,000 |
| AMERICAN HEART ASSOCIATION ST PETERSBURG, FL | General & Unrestricted | $2,500 |
| APPALACHIAN TRAIL CONSERVANCY HARPERS FERRY, WV | General & Unrestricted | $1,000 |
| BANTAM CINEMA & ARTS CENTER INC LITCHFIELD, CT | General & Unrestricted | $1,000 |
| BENEDICTINE CONGREGATION REGINA LAUDIS OF THE STRI BETHLEHEM, CT | Sheepfold Renovation Fund | $5,000 |
| BRYSON CITY FOOD PANTRY INC BRYSON CITY, NC | General & Unrestricted | $2,500 |
| CENTER FOR FURNITURE CRAFTSMANSHIP ROCKPORT, ME | Intensives and Comprehensives Program Fund | $20,000 |
| CENTER FOR REPRODUCTIVE RIGHTS INC NEW YORK, NY | General & Unrestricted | $1,000 |
| CHARLESTON SYMPHONY ORCHESTRA CHARLESTON, SC | General & Unrestricted | $100 |
| DANA HALL SCHOOLS WELLESLEY, MA | Dana Fund | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bruce Wyniard Smith | Dir, Pres | 2 | — |
| David S Smith | Dir, VP, Sec | 1 | — |
| Leslie W Smith | Dir, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is David Wallace Smith and Joan Stowell Smith?
David Wallace Smith and Joan Stowell Smith is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $2.1M in total assets as of 2024.
How large is David Wallace Smith and Joan Stowell Smith?
As of 2024, David Wallace Smith and Joan Stowell Smith holds $2.1M in total assets with $85K in annual revenue. It awarded 37 grants totaling $114K in 2024.
Where does David Wallace Smith and Joan Stowell Smith operate?
David Wallace Smith and Joan Stowell Smith has awarded grants in California, Connecticut, Florida, Georgia, Massachusetts, Maryland, Maine, North Carolina, New Hampshire, New York, South Carolina, South Dakota, Texas, West Virginia.
What size grants does David Wallace Smith and Joan Stowell Smith award?
In 2024, David Wallace Smith and Joan Stowell Smith awarded 37 grants totaling $114K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is David Wallace Smith and Joan Stowell Smith required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, David Wallace Smith and Joan Stowell Smith reported a distributable amount of $149K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is David Wallace Smith and Joan Stowell Smith's EIN?
David Wallace Smith and Joan Stowell Smith's EIN (Employer Identification Number) is 83-1462984. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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