Eg & Klara M Smith Foundation

WYOMISSING, PA EIN: 23-2494804

The EG & Klara M Smith Foundation is a family foundation based in Wyomissing, Pennsylvania. Established in 1987, the foundation was co-founded by E. George Smith and Klara Margarete Smith, who built their wealth through ownership of multiple business ventures in Pennsylvania.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+9.8% YoY

Annual Giving

$207K

+0.5% YoY

Grant Count

26

+8.3% YoY

Avg Grant Size

$8K

-7.2% YoY

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

Mission & Focus Areas

The foundation's giving focuses on three primary areas:

  • Religious organizations
  • Educational institutions
  • Medical organizations

Grantmaking

Recent grant activity demonstrates the foundation's commitment to education. The foundation awarded $2,000 to the Exeter Community Education Foundation in 2023 for educational purposes.

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Geographic Focus

Where this funder awards grants

The foundation primarily supports organizations in Pennsylvania, with a particular emphasis on the local Reading and surrounding areas.

Grant Distribution by State

7states

Cities

AllentownBirdsboroDouglassvilleLancasterLebanonNew HollandNew YorkOrlandoPalm SpringsPinehurstPrincetonReadingRehrersurgScottsdaleTrappeWest LawnWyomissing

Financial History

Multi-year comparison from IRS filings

EIN: 23-2494804

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$124K$248K$371K$495K20202021202220232024
Metric202420232022
Total Assets$1,714,484$1,562,155$1,335,609
Revenue$376,063$450,134$233,802
Expenses$223,734$223,588$266,860
Qualifying Distributions$212,400$212,434$255,500
Net Investment Income$65,063$24,057$5,508
Distributable Amount$72,800$57,956$59,300

Giving Over Time

Total grant dollars and number of grants per year

$0$63K$126K$189K$252K25 grants202023 grants202124 grants202224 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CITY LIGHTS MINISTRY$75KGLAD TIDINGS ASSEMBLY OF…$40KALLIANCE CHRISTIAN SCHOOL$6KATONEMENT LUTHERAN CHURCH$6KAUGUSTUS LUTHERAN CHURCH$6KBERKS CATHOLIC$6KFIRST BAPTIST CHURCH$6KSCHWARZWALD UNITED CHURC…$6KSPRING VALLEY CHURCH OF …$6KST IGNATIUS LOYOLA$6K

Grant Size Distribution

122 grants across all recorded years

115<$50K7$50–100K$100–250K$250–500K$500K–1M$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

Klara Margarete Smith served as president of the foundation. She and her husband E. George Smith co-founded the organization. Klara passed away on May 25, 2007, at age 91. E. George Smith preceded her in death, passing away in 2001.

The Smiths had two children: Edwin G. Smith and Janis L. Smith (Weller), who may be involved in foundation governance.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRIAN WELLERCHAIRMAN OF THE BOARD1
JEFF SMITHPRESIDENT1
JULIE A FRYSECRETARY/TREASURER1
MICHELE WELLERVICE PRESIDENT1

Contact Information

Address: PO Box 6234, Wyomissing, PA 19610-0234

Telephone: 610-670-1000

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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