Garatoni-Smith Scholarship Corporation

Private foundation · Grantmaker Mishawaka, IN EIN: 88-3042043

Garatoni-Smith Scholarship Corporation is a private foundation based in Mishawaka, Indiana. Its 2025 filing reports 13 gifts totaling $230,887, primarily to universities and colleges.

Garatoni-Smith Scholarship Corporation at a glance

In short: Garatoni-Smith Scholarship Corporation gave $231K across 13 grants in 2025 (avg $18K), mostly in Indiana. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$230,887
+75.2% vs 2024
Grants made (2025)
13
+85.7% vs 2024
Average grant
$17,761
-5.6% vs 2024
Median grant
$10,000
Total assets
$335
-52.6% vs 2024
Primary geography
Indiana (82% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

How to apply to Garatoni-Smith Scholarship Corporation

Contact

Mailing address: 4215 Edison Lakes Parkway Suite 32, Mishawaka, IN 46545
Phone: (574) 271-5145

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Garatoni-Smith Scholarship Corporation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

University of Notre Dame: $60KUniversity of Notre Dame$60KTrine University: $30KTrine University$30KBall State University - Financial Aid & Scholarships: $25KBall State University -Financial Aid & Scholarships$25KUniversity of Oklahoma: $24KUniversity of Oklahoma$24KIndiana University of South Bend: $23KIndiana University of SouthBend$23KRose-Hulman Institute of Technology: $19KRose-Hulman Institute ofTechnology$19KHawaii Pacific University: $10KHawaii Pacific University$10KUniversity of Evansville: $9KUniversity of Evansville$9KPurdue University: $9KPurdue University$9KHoly Cross College: $8KHoly Cross College$8K

The largest 2025 recipient was University of Notre Dame ($60K). Together the top 10 received $216K.

Grant Size Distribution

23 grants across all recorded years

21<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 21 grants of 23 (91%).

Geographic Focus

Where this funder awards grants

In 2025, 82% of grant dollars went to recipients in Indiana, 10% to Oklahoma, 4% to Hawaii, and 3% to Illinois.

Grant Distribution by State

4states

Share of 2025 grant dollars across all 13 itemized grants.

Cities

South BendEvansvilleNormanNotre DameTerre HauteAngolaBloomingtonChicagoHonoluluMuncieNorth ManchesterWest Lafayette

How Garatoni-Smith Scholarship Corporation gives

  • 38% of 2025 grantees were also funded in 2024. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K3 grants2023 7 grants2024 13 grants2025

From 2023 to 2025, annual grant giving ranged from $53K (2023) to $231K (2025). In 2025 it made 13 grants totaling $231K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Notre Dame South Bend, INGIFT$59,774
Trine University Angola, INGIFT$30,000
Ball State University - Financial Aid & Scholarships Muncie, INGIFT$24,500
University of Oklahoma Norman, OKGIFT$23,556
Indiana University of South Bend South Bend, INGIFT$23,469
Rose-Hulman Institute of Technology Terre Haute, INGIFT$19,138
Hawaii Pacific University Honolulu, HIGIFT$10,000
University of Evansville Evansville, INGIFT$9,000
Purdue University West Lafayette, INGIFT$9,000
Holy Cross College Notre Dame, INGIFT$8,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2025$335$247,100$238,872$230,88713$230,887$26
2024$707$132,980$141,611$131,7507$131,750$36
2023$738$24,100$77,349$53,2953$53,295$102

Under IRS private-foundation payout rules, Garatoni-Smith Scholarship Corporation reported a distributable amount of $26 for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its reported 2025 grants went to educational institutions. The grantees describe a range of educational missions: Rose-Hulman Institute of Technology emphasizes undergraduate education in engineering, mathematics, and science; Columbia College Chicago focuses on preparing students for creative occupations in arts and media; and Manchester University says it aims to graduate people who lead principled, productive, and compassionate lives.

Grantmaking

In 2025, the foundation reported 13 grants totaling $230,887. Grant amounts ranged from $400 to $59,774, with a median of $10,000. Among the largest reported gifts were $59,774 to the University of Notre Dame, $30,000 to Trine University, $24,500 to Ball State University’s Financial Aid & Scholarships, $23,556 to the University of Oklahoma, and $23,469 to Indiana University of South Bend.

The foundation’s 2024 filing states that it does not restrict giving to preselected organizations. The available information does not describe an application process, required materials, or deadlines.

Leadership & Key People

Leadership team and compensation from IRS filings

Lawrence Garatoni is listed as an officer on the 2025 filing.

Garatoni-Smith Scholarship Corporation's only listed officer is Lawrence Garatoni, Officer on every filing since 2023 (uncompensated).

Officers on the 2025 filing

  • Lawrence Garatoni

    Officer

    On filings since 2023

    No compensation reported

Data from IRS Form 990 filings, 2023–2025. "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 Garatoni-Smith Scholarship Corporation

How much does Garatoni-Smith Scholarship Corporation give each year?

Garatoni-Smith Scholarship Corporation gave $231K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $132K across 7 grants.

What is Garatoni-Smith Scholarship Corporation's typical grant size?

Garatoni-Smith Scholarship Corporation's median grant in 2025 was $10,000, and its average grant was $17,761, across 13 grants on its 2025 IRS Form 990-PF.

Where does Garatoni-Smith Scholarship Corporation give grants?

Garatoni-Smith Scholarship Corporation gives mostly in Indiana: 82% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Oklahoma (10%). The most frequent recipient cities were South Bend, IN (2 grants).

Does Garatoni-Smith Scholarship Corporation give general operating support?

Not in 2025: none of the 13 grants with a stated purpose on Garatoni-Smith Scholarship Corporation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Gift" (13 grants).

Who are Garatoni-Smith Scholarship Corporation's largest grantees?

Garatoni-Smith Scholarship Corporation's largest 2025 grantees include University of Notre Dame ($59,774), Trine University ($30,000) and Ball State University - Financial Aid & Scholarships ($24,500), according to its 2025 IRS Form 990-PF. Together they received 49% of its itemized 2025 grant dollars.

How large is Garatoni-Smith Scholarship Corporation?

Garatoni-Smith Scholarship Corporation reported $335 in total assets on its 2025 IRS Form 990-PF. It paid out $231K in qualifying distributions that year, against a required minimum of $26 (roughly 5% of its investment assets).

What does Garatoni-Smith Scholarship Corporation fund?

No mission statement for the foundation is provided. Its reported 2025 grants went to educational institutions. See mission & focus areas ↑

How do I apply for a grant from Garatoni-Smith Scholarship Corporation?

Garatoni-Smith Scholarship Corporation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

What is Garatoni-Smith Scholarship Corporation's EIN?

Garatoni-Smith Scholarship Corporation's EIN (Employer Identification Number) is 88-3042043. IRS Form 990 filing data is available on this page for 2023–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2023–2025

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Cite this profile

Grantable. (2026). Garatoni-Smith Scholarship Corporation funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/garatoni-smith-scholarship-corporation-morg_5136c22e90ed4fdda1779c3b2e444896

BibTeX
@misc{grantable_883042043_2026,
  author       = {{Grantable}},
  title        = {{Garatoni-Smith Scholarship Corporation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/garatoni-smith-scholarship-corporation-morg_5136c22e90ed4fdda1779c3b2e444896},
  note         = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Garatoni-Smith Scholarship Corporation'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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