Garatoni-smith Scholarship Corporation is a private foundation focused on Education, based in MISHAWAKA, IN. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $335 in total assets. In 2025, it awarded 13 grants totaling $231K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$335
-52.6% YoY
Annual Giving
$231K
+75.2% YoY
Grant Count
13
+85.7% YoY
Avg Grant Size
$18K
-5.6% YoY
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.
About Garatoni-smith Scholarship Corporation
Based on IRS filings
Garatoni-smith Scholarship Corporation is a private foundation focused on Education, based in MISHAWAKA, IN. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $335 in total assets. In 2025, it awarded 13 grants totaling $231K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $335 | $707 | $738 |
| Revenue | $247,100 | $132,980 | $24,100 |
| Expenses | $238,872 | $141,611 | $77,349 |
| Qualifying Distributions | $230,887 | $131,750 | $53,295 |
| Net Investment Income | — | — | — |
| Distributable Amount | $26 | $36 | $102 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include University of Notre Dame ($59,774), Trine University ($30,000), Ball State University - Financial Aid & Scholarships ($24,500).
| Recipient | Purpose | Amount |
|---|---|---|
| INDIANA UNIVERSITY OF SOUTH BEND SOUTH BEND, IN | GIFT | $23,469 |
| ROSE-HULMAN INSTITUTE OF TECHNOLOGY TERRE HAUTE, IN | GIFT | $19,138 |
| UNIVERSITY OF EVANSVILLE EVANSVILLE, IN | GIFT | $9,000 |
| UNIVERSITY OF NOTRE DAME SOUTH BEND, IN | GIFT | $59,774 |
| UNIVERSITY OF OKLAHOMA NORMAN, OK | GIFT | $23,556 |
| BALL STATE UNIVERSITY - FINANCIAL AID & SCHOLARSHIPS MUNCIE, IN | GIFT | $24,500 |
| COLUMBIA COLLEGE CHICAGO CHICAGO, IL | GIFT | $7,500 |
| HAWAII PACIFIC UNIVERSITY HONOLULU, HI | GIFT | $10,000 |
| HOLY CROSS COLLEGE NOTRE DAME, IN | GIFT | $8,000 |
| PURDUE UNIVERSITY WEST LAFAYETTE, IN | GIFT | $9,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAWRENCE GARATONI | OFFICER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Garatoni-smith Scholarship Corporation?
Garatoni-smith Scholarship Corporation is a private foundation focused on Education, based in MISHAWAKA, IN. It holds $335 in total assets as of 2025.
How large is Garatoni-smith Scholarship Corporation?
As of 2025, Garatoni-smith Scholarship Corporation holds $335 in total assets with $247K in annual revenue. It awarded 13 grants totaling $231K in 2025.
Where does Garatoni-smith Scholarship Corporation operate?
Garatoni-smith Scholarship Corporation has awarded grants in Hawaii, Illinois, Indiana, Oklahoma.
What size grants does Garatoni-smith Scholarship Corporation award?
In 2025, Garatoni-smith Scholarship Corporation awarded 13 grants totaling $231K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Garatoni-smith Scholarship Corporation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Garatoni-smith Scholarship Corporation reported a distributable amount of $26 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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