George G & Alva Hudson Smith Foundation

HILLSBORO, TX EIN: 74-2653426

George G & Alva Hudson Smith Foundation is a private foundation, based in HILLSBORO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 7 grants totaling $106K. Net investment income was $32K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-3.6% YoY

Annual Giving

$106K

-4.9% YoY

Grant Count

7

-12.5% YoY

Avg Grant Size

$15K

+8.7% YoY

Under IRS private-foundation payout rules, George G & Alva Hudson Smith Foundation reported a distributable amount of $122K for 2024 — the minimum it must pay out in qualifying distributions.

About George G & Alva Hudson Smith Foundation

Based on IRS filings

George G & Alva Hudson Smith Foundation is a private foundation, based in HILLSBORO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 7 grants totaling $106K. Net investment income was $32K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AquillaAustinBlumCovingtonHillsboroHubbardIrvineItascaWacoWhitney

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$110K$165K$219K20202021202220232024
Metric202420232022
Total Assets$1,539,252$1,596,244$1,615,082
Revenue$83,870$123,670$22,658
Expenses$140,047$143,543$159,240
Qualifying Distributions$108,796$114,230$130,797
Net Investment Income$31,725$95,687
Distributable Amount$121,765$109,340$110,446

Giving Over Time

Total grant dollars and number of grants per year

$0$32K$64K$96K$128K9 grants20209 grants20217 grants20228 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

FRIENDS OF THE HILLSBORO…$67KHILL COUNTY CHILD PROTEC…$10KAQUILLA ISD$9KMEALS ON WHEELS WACO$9KHILL COUNTY KIDS$7KCASA OF HILL COUNTY$4KMISSION HILLSBORO MEDICA…$500

Grant Size Distribution

40 grants across all recorded years

38<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from George G & Alva Hudson Smith Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Friends of the Hillsboro City Library ($66,666), Hill County Child Protection Services Board ($10,000), Aquilla Isd ($9,000).

RecipientPurposeAmount
CASA OF HILL COUNTY HILLSBORO, TXPURCHASE RECRUITMENT MATERIALS$3,800
FRIENDS OF THE HILLSBORO CITY LIBRARY HILLSBORO, TXLIBRARY EXPANSION PROJECT$66,666
HILL COUNTY KIDS HILLSBORO, TXTO PURCHASE A TRAILER AND SHELVING$7,000
MEALS ON WHEELS WACO WACO, TXNEW PROGRAMS,PARTNERSHIPS AND PROMOTIONS-HILL COUNTY SENIOR CTR$8,600
HILL COUNTY CHILD PROTECTION SERVICES BOARD HILLSBORO, TXCLOTHING ALLOWANCE FOR FALL & SPRING$10,000
MISSION HILLSBORO MEDICAL CLINIS HILLSBORO, TXGENERAL FUND$500
AQUILLA ISD AQUILLA, TXPURCHASE TOOLS FOR THE AG MECHANICS PROGRAM$9,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
D'ETTE COWANPRESIDENT4
ANDREW L SMITHTREASURER1
PAUL BAKERSECRETARY1
JOHN B TUGGLEDIRECTOR1
BETH DOHONEY KENNARDVICE PRESIDENT1
BETTY RAY DOHONEYDIRECTOR1

Frequently Asked Questions

How large is George G & Alva Hudson Smith Foundation?

As of 2024, George G & Alva Hudson Smith Foundation holds $1.5M in total assets with $84K in annual revenue. It awarded 7 grants totaling $106K in 2024.

Where does George G & Alva Hudson Smith Foundation operate?

George G & Alva Hudson Smith Foundation has awarded grants in California, Texas.

What size grants does George G & Alva Hudson Smith Foundation award?

In 2024, George G & Alva Hudson Smith Foundation awarded 7 grants totaling $106K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is George G & Alva Hudson Smith Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, George G & Alva Hudson Smith Foundation reported a distributable amount of $122K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is George G & Alva Hudson Smith Foundation's EIN?

George G & Alva Hudson Smith Foundation's EIN (Employer Identification Number) is 74-2653426. IRS Form 990 filing data is available on this page for 2020–2024.

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

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