Garatoni-Smith Scholarship Corporation
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
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
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
Share of 2025 grant dollars across all 13 itemized grants.
Cities
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
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
| Recipient | Purpose | Amount |
|---|---|---|
| University of Notre Dame South Bend, IN | GIFT | $59,774 |
| Trine University Angola, IN | GIFT | $30,000 |
| Ball State University - Financial Aid & Scholarships Muncie, IN | GIFT | $24,500 |
| University of Oklahoma Norman, OK | GIFT | $23,556 |
| Indiana University of South Bend South Bend, IN | GIFT | $23,469 |
| Rose-Hulman Institute of Technology Terre Haute, IN | GIFT | $19,138 |
| Hawaii Pacific University Honolulu, HI | GIFT | $10,000 |
| University of Evansville Evansville, IN | GIFT | $9,000 |
| Purdue University West Lafayette, IN | GIFT | $9,000 |
| Holy Cross College Notre Dame, IN | GIFT | $8,000 |
Ready to take the next step with Garatoni-Smith Scholarship Corporation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $335 | $247,100 | $238,872 | $230,887 | 13 | $230,887 | $26 |
| 2024 | $707 | $132,980 | $141,611 | $131,750 | 7 | $131,750 | $36 |
| 2023 | $738 | $24,100 | $77,349 | $53,295 | 3 | $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
- IRS filings on file for fiscal years 2023–2025
Live grants for the work Garatoni-Smith Scholarship Corporation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Garatoni-Smith Scholarship Corporation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Edward E Meyer Trust
Cincinnati, OH
Assets
$1.9M
Grants
1
Total Given
$104K
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Elevate Ventures Inc
Indianapolis, IN
Elevate Ventures' mission is growing the state's economy, driving economic development, helping businesses launch, grow and locate in the State of Indiana. We increase the amount of capital available to Indiana startup and early stage innovation driven companies to spur economic development through growth, research and development. IEDC has contracted with Elevate Ventures since 2011 to carry out the required tasks associated with making direct investments in private Indiana companies and the associated programming and technical support required to build a sufficient pipeline of investable companies and to support Indiana's entrepreneurial ecosystem.
Assets
$28.2M
Grants
8
Total Given
$898K
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Niccum Educational Trust
Greenfield, IN
The NICCUM EDUCATIONAL TRUST supports higher education through grants to colleges and universities and financial assistance for eligible students from public high schools in six Indiana counties. Its 2025 grants ranged from $500 to $3,000, with a median of $1,000. The 2024 filing describes a student application process, with applications available at Greenfield Banking Company and due April 15; it does not state whether unsolicited requests are accepted.
Assets
$425K
Grants
16
Total Given
$22K
IBM International Foundation
Armonk, NY
The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$357.7M
Grants
16
Total Given
$11.7M
More similar funders
More Funders in Indiana
Cite this profile
Grantable. (2026). Garatoni-Smith Scholarship Corporation funder profile. GrantGraph. Retrieved November 14, 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 2026-11-14. 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.
Garatoni-Smith Scholarship Corporation down — hundreds of funders to go?