Frank P & Nancy B Smith
Frank P & Nancy B Smith is a private foundation, based in Lake Forest, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $586K in total assets. In 2025, it awarded 6 grants totaling $56K. Net investment income was $31K.
Frank P & Nancy B Smith at a glance
In short: Frank P & Nancy B Smith gave $56K across 6 grants in 2025 (avg $9K), mostly in Missouri. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $56,200
- +12.4% vs 2024
- Grants made (2025)
- 6
- +100.0% vs 2024
- Average grant
- $9,367
- -43.8% vs 2024
- Median grant
- $7,100
- Total assets
- $586,266
- +62.2% vs 2024
- Primary geography
- Missouri (53% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Frank P & Nancy B Smith funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Barnabus Founation Inc ($30K). Together the top 6 received $56K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 19 grants of 20 (95%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
States
Cities
How Frank P & Nancy B Smith gives
- Giving held roughly steady from 2022 to 2025 (+10%). Method
- In 2025 it paid out 118% of its IRS minimum distribution (the 5% rule). 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
From 2019 to 2025, annual grant giving ranged from $45K (2021) to $59K (2023). In 2025 it made 6 grants totaling $56K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Barnabus Founation Inc Branson, MO | Education and Disabilities | $30,000 |
| FedEx Family House (Leboneur) Memphis, TN | Charitable | $10,000 |
| Vanerbilt University Medical Center Nashville, TN | Medical Research | $8,200 |
| Children's Brain Tumor Foundation New York, NY | Medical Research | $6,000 |
| World Vision Federal Way, WA | Charitable | $1,000 |
| Kappa Sigma Endowment Found Charlotte, VA | Education Scholarships | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $586,266 | $35,178 | $61,114 | $56,200 | 6 | $56,640 | $31,084 | $48,108 |
| 2024 | $361,387 | $151,288 | $51,572 | $50,000 | 3 | $50,000 | $31,816 | $47,782 |
| 2023 | $379,503 | $109,995 | $61,970 | $58,968 | 3 | $60,070 | $80,281 | $38,523 |
| 2022 | $331,580 | $30,691 | $54,568 | $51,000 | 3 | $51,996 | $28,967 | $41,524 |
| 2021 | $354,716 | $68,809 | $47,613 | $45,000 | 5 | $46,021 | $66,386 | $37,898 |
| 2020 | $333,858 | $23,783 | $52,914 | $50,500 | 8 | — | $22,873 | $35,184 |
| 2019 | $361,454 | $29,870 | $52,712 | $50,000 | 8 | — | $28,201 | $42,725 |
Under IRS private-foundation payout rules, Frank P & Nancy B Smith reported a distributable amount of $48K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Frank P & Nancy B Smith's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Gary P. Smith
Director
On filings since 2019
No compensation reported
Gregory L. Smith
Director
On filings since 2019
No compensation reported
Former officers (1)
- Former: Nancy B. Smith (2019–2023) — Director · Filing note: Deceased 2122023
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Frank P & Nancy B Smith
How much does Frank P & Nancy B Smith give each year?
Frank P & Nancy B Smith gave $56K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $50K across 3 grants.
What is Frank P & Nancy B Smith's typical grant size?
Frank P & Nancy B Smith's median grant in 2025 was $7,100, and its average grant was $9,367, across 6 grants on its 2025 IRS Form 990-PF.
Where does Frank P & Nancy B Smith give grants?
Frank P & Nancy B Smith gives mostly in Missouri: 53% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Tennessee (32%) and New York (11%).
Does Frank P & Nancy B Smith give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on Frank P & Nancy B Smith's 2025 IRS Form 990-PF were described as general or operating support.
Who are Frank P & Nancy B Smith's largest grantees?
Frank P & Nancy B Smith's largest 2025 grantees include Barnabus Founation Inc ($30,000), FedEx Family House (Leboneur) ($10,000) and Vanerbilt University Medical Center ($8,200), according to its 2025 IRS Form 990-PF. Together they received 86% of its itemized 2025 grant dollars.
How large is Frank P & Nancy B Smith?
Frank P & Nancy B Smith reported $586K in total assets on its 2025 IRS Form 990-PF. It paid out $57K in qualifying distributions that year, against a required minimum of $48K (roughly 5% of its investment assets).
What is Frank P & Nancy B Smith's EIN?
Frank P & Nancy B Smith's EIN (Employer Identification Number) is 31-1658742. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 10, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 3, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
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