Frank & Emily Smith Foundation

Private foundation · Grantmaker Seattle, WA EIN: 93-1329668

Frank & Emily Smith Foundation is a private foundation, based in Seattle, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.4M in total assets. In 2024, it awarded 9 grants totaling $596K. Net investment income was $408K.

Frank & Emily Smith Foundation at a glance

In short: Frank & Emily Smith Foundation gave $596K across 9 grants in 2024 (avg $66K), top state Oregon. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$595,530
+6.0% vs 2023
Grants made (2024)
9
+80.0% vs 2023
Average grant
$66,170
-41.1% vs 2023
Median grant
$23,000
Total assets
$15,389,561
+7.7% vs 2023
Primary geography
Oregon (45% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Frank & Emily Smith Foundation funds

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Northwest Reading Clinic: $271KNorthwest Reading Clinic$271KHere for Kids International: $165KHere for Kids International$165KKing's Schools: $60KKing's Schools$60KNorthside Boxing Club: $50KNorthside Boxing Club$50KRun to Win: $23KRun to Win$23KFellowship of Christian Athletes: $10KFellowship of ChristianAthletes$10KSeattle Children's Foundation: $10KSeattle Children's Foundation$10KDurham Rescue Mission: $5KDurham Rescue Mission$5KReliant Mission: $2KReliant Mission$2K

The largest 2024 recipient was Northwest Reading Clinic ($271K). Together the top 9 received $596K.

Grant Size Distribution

29 grants across all recorded years

13<$50K5$50–100K9$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 29 (45%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

EdmondsOrindaTigardPalm SpringsStaten IslandChicagoDurhamIndioKansas CityOrlandoPalm DesertPlymouthPullmanSeattle

How Frank & Emily Smith Foundation gives

  • Giving grew 39% from 2021 to 2024. Method
  • In 2024 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K4 grants2020 5 grants2021 6 grants2022 5 grants2023 9 grants2024

From 2020 to 2024, annual grant giving ranged from $429K (2021) to $620K (2022). In 2024 it made 9 grants totaling $596K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Northwest Reading Clinic Tigard, ORGeneral Operating Support$270,830
Here for Kids International Orinda, CAGeneral Operating Support$164,700
King's Schools Palm Springs, CAGeneral Operating Support$60,000
Northside Boxing Club Plymouth, MNGeneral Operating Support$50,000
Run to Win Edmonds, WAGeneral Operating Support$23,000
Fellowship of Christian Athletes Kansas City, MOGeneral Operating Support$10,000
Seattle Children's Foundation Seattle, WAGeneral Operating Support$10,000
Durham Rescue Mission Durham, NCGeneral Operating Support$5,000
Reliant Mission Orlando, FLGeneral Operating Support$2,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$15,389,561$445,073$796,504$595,5309$753,132$407,537$759,096
2023$14,284,030$3,442,103$685,901$561,6085$658,559$418,331$711,992
2022$11,527,828$534,273$765,276$620,1006$745,856$55,503$583,893
2021$11,758,831$783,683$569,372$428,8175—$332,298$576,714
2020$11,237,505$-579,240$655,460$431,3754——$578,749

Under IRS private-foundation payout rules, Frank & Emily Smith Foundation reported a distributable amount of $759K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Frank & Emily Smith Foundation is led by Nichole Weed, Executive Director on every filing since 2022; 2 of 5 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Nichole Weed

    Executive Director

    On filings since 2022

    20 hrs/week

    $80K (2022) → $15K (2024)

  • Larry Pyne

    Executive Director

    New on the 2024 filing

    40 hrs/week

    $38K (2024)

  • Gary Smith

    President

    On filings since 2020

    30 hrs/week

    No compensation reported

  • Katie Smith

    Board Member

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Kyle Smith

    Board Member

    New on the 2024 filing

    5 hrs/week

    No compensation reported

Former officers (2)
  • Former: Jason Johnson (2020–2022) — Secretary
  • Former: Susan Elder (2020) — Vice President

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Larry Pyne — Executive Director (Started 05/2024): $38KLarry PyneExecutive Director (Started…$38KNichole Weed — Executive Director (Until 05/2024): $15KNichole WeedExecutive Director (Until…$15K

The highest reported compensation on the 2024 filing was $38K, to Larry Pyne (Executive Director (Started 05/2024)). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Frank & Emily Smith Foundation

How much does Frank & Emily Smith Foundation give each year?

Frank & Emily Smith Foundation gave $596K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $562K across 5 grants.

What is Frank & Emily Smith Foundation's typical grant size?

Frank & Emily Smith Foundation's median grant in 2024 was $23,000, and its average grant was $66,170, across 9 grants on its 2024 IRS Form 990-PF.

Where does Frank & Emily Smith Foundation give grants?

Frank & Emily Smith Foundation's top state is Oregon, with 45% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (38%) and Minnesota (8%).

Does Frank & Emily Smith Foundation give general operating support?

Yes: 100% of Frank & Emily Smith Foundation's 2024 grants with a stated purpose (9 of 9) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Frank & Emily Smith Foundation's largest grantees?

Frank & Emily Smith Foundation's largest 2024 grantees include Northwest Reading Clinic ($270,830), Here for Kids International ($164,700) and King's Schools ($60,000), according to its 2024 IRS Form 990-PF. Together they received 83% of its itemized 2024 grant dollars.

How large is Frank & Emily Smith Foundation?

Frank & Emily Smith Foundation reported $15.4M in total assets on its 2024 IRS Form 990-PF. It paid out $753K in qualifying distributions that year, against a required minimum of $759K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Frank & Emily Smith Foundation's EIN?

Frank & Emily Smith Foundation's EIN (Employer Identification Number) is 93-1329668. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Frank & Emily Smith Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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