Harold Tn Smith Memorial Foundation

SALEM, MA EIN: 04-6049997

The Harold C Smith Foundation is a private grantmaking foundation based in Wheaton, Illinois. Designated as a 501(c)(3) organization, it operates as a private grantmaking foundation focused on philanthropic activities.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.3M

+0.6% YoY

Annual Giving

$80K

-4.9% YoY

Grant Count

27

-3.6% YoY

Avg Grant Size

$3K

-1.4% YoY

Under IRS private-foundation payout rules, Harold Tn Smith Memorial Foundation reported a distributable amount of $97K for 2025 — the minimum it must pay out in qualifying distributions.

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Salem

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $79 million
  • Total Revenue: $2.23 million
  • Total Expenses: $6.12 million
  • Total Liabilities: $37.3 thousand

The foundation has maintained significant assets and consistent grantmaking activity over time, with tax-exempt status since September 2015.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$35K$70K$106K$141K202020212022202320242025
Metric202520242023
Total Assets$1,253,209$1,246,106$1,276,632
Revenue$107,709$72,833$63,801
Expenses$100,606$103,359$97,691
Qualifying Distributions$80,350$84,500$79,000
Net Investment Income$89,024$54,609$46,861
Distributable Amount$97,218$87,049$74,575

Giving Over Time

Total grant dollars and number of grants per year

$0$27K$54K$81K$108K24 grants202022 grants202123 grants202226 grants202328 grants202427 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

COAST GUARD FOUNDATION S…$10KSALEM ROTARY SCHOLARSHIP…$10KMass General Brigham Sal…$8KSalem Rotary$5KBOYS AND GIRLS CLUB OF S…$5KLIFE BRIDGE$5KBUSTER BRUSH OLD GLORY$4KCAMP SUNSHINE$3KCOMMUNITY SUPPER HOLIDAY…$3KFRIENDS FOREVER$3K

Grant Size Distribution

126 grants across all recorded years

126<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Coast Guard Foundation Scholarship ($10,000), Salem Rotary Scholarship Foundation ($10,000), Mass General Brigham Salem Hospital ($8,000).

RecipientPurposeAmount
BOYS AND GIRLS CLUB OF SALEM SALEM, MADONATION$5,000
BRIDPORT FIRE & RESCUE SALEM, MADONATION$100
BUSTER BRUSH OLD GLORY SALEM, MADONATION$3,500
CAMP SUNSHINE SALEM, MADONATION$2,500
COAST GUARD FOUNDATION SCHOLARSHIP SALEM, MADONATION$10,000
COMMUNITY SUPPER HOLIDAY DINNERS SALEM, MADONATION$2,500
Addison County Home Health & Hospice SALEM, MADONATION$300
FRIENDS FOREVER SALEM, MADONATION$2,500
HOME FOR LITTLE WANDERERS SALEM, MADONATION$2,500
HOUSE OF SEVEN GABLES SALEM, MADONATION$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
ELIZABETH SMITHTRUSTEE5
WILLIAM LUNDREGANCLERK1
VANCE M SMITH IVTRUSTEE1
RICHARD D HILL JRTRUSTEE1
BRIAN CRANNEYTRUSTEE1

Frequently Asked Questions

What size grants does Harold Tn Smith Memorial Foundation award?

In 2025, Harold Tn Smith Memorial Foundation awarded 27 grants totaling $80K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Harold Tn Smith Memorial Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Harold Tn Smith Memorial Foundation reported a distributable amount of $97K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Harold Tn Smith Memorial Foundation's EIN?

Harold Tn Smith Memorial Foundation's EIN (Employer Identification Number) is 04-6049997. IRS Form 990 filing data is available on this page for 2020–2025.

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

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