Harold Webster Smith Foundation Inc
Harold Webster Smith Foundation Inc is a private foundation, based in Waterbury, CT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $7.1M in total assets. In 2025, it awarded 7 grants totaling $264K. Net investment income was $320K.
Key facts about Harold Webster Smith Foundation Inc
In short: Harold Webster Smith Foundation Inc gave $264K across 7 grants in 2025 (avg $38K), mostly in Connecticut. Source: 2025 IRS Form 990-PF.
- EIN
- 22-2947047
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $264,284
- Grants made (2025)
- 7
- Average grant
- $37,755
- Median grant
- $17,409
- Total assets
- $7,141,230
- Primary geography
- Connecticut (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$7.1M
+2.5% YoY
Annual Giving
$264K
+18.9% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$38K
-15.0% YoY
Under IRS private-foundation payout rules, Harold Webster Smith Foundation Inc reported a distributable amount of $397K for 2025 — the minimum it must pay out in qualifying distributions.
How Harold Webster Smith Foundation Inc gives
- Giving grew 26% from 2022 to 2025. Method
- In 2025 it paid out 87% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $200K (2023) to $323K (2019). In 2025 it made 7 grants totaling $264K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Neighborworks New Horizons ($103K). Together the top 7 received $264K.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 15 grants of 25 (60%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Neighborworks New Horizons New Haven, CT | Operating support - waterbury community investment llc, a single-member limited liablity company wholly owned and controlled by mutual housing association of south central Connecticut, inc., an organization described in section 170(c)(2) of the irc | $103,000 |
| Waterbury Land Bank Authority Waterbury, CT | Greater Waterbury Community Land Bank | $100,000 |
| Hispanic Coalition of Greater Waterbury Inc Waterbury, CT | Working Cities Challenge | $20,000 |
| CT Council of Philanthropy Hartford, CT | Grant to Fund the Suburban Rural Housing Program | $17,409 |
| Uconn Foundation Inc Storrs, CT | Grant to fund the uconn waterbury housing clinic program | $12,875 |
| United Way of Greater Waterbury Emergency Fund Waterbury, CT | United Way of Greater Waterbury Emergency Fund | $10,000 |
| Regional Plan Association New York, NY | Annual Conference Support | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $7,141,230 | $6,969,332 | $6,893,387 |
| Revenue | $542,741 | $393,765 | $330,440 |
| Expenses | $370,843 | $317,820 | $277,508 |
| Qualifying Distributions | $346,711 | $296,613 | $260,299 |
| Net Investment Income | $320,162 | $173,558 | $127,400 |
| Distributable Amount | $396,798 | $361,228 | $313,698 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 12, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Harold Webster Smith Foundation Inc is led by Kathryn Luria, Executive Director since 2023 (on filings since 2019); 1 of 8 officers listed in 2025 is compensated.
Officers on the 2025 filing
Kathryn Luria
Executive Director
Vice President & Assistant Secretary → Executive Director, 2023
On filings since 2019
10 hrs/week
$33K (2023) → $72K (2025)
James C. Smith
Chairman & President
Chair → Chairman & President, 2020
On filings since 2019
5 hrs/week
No compensation reported
Robert F. Polito Jr.
Director
On filings since 2020
1 hr/week
No compensation reported
C. P. O'Donnell
Director
Member → Director, 2024
On filings since 2023
1 hr/week
No compensation reported
Ml O'Connor
Director
Member → Director, 2024
On filings since 2023
1 hr/week
No compensation reported
Gregory S. Madar
Senior Vice President & Treasurer
On filings since 2019
1 hr/week
No compensation reported
Katherine Vines Trumbull
Secretary
On filings since 2019
1 hr/week
No compensation reported
Fred M. Smith
Member
On filings since 2024
1 hr/week
No compensation reported
Former officers (4)
- Former: William E. Wrang (2019–2024) — Director
- Former: Peter Mosbacher (2019–2023) — Member
- Former: Bruce E. Wandelmaier (2019–2020) — Member
- Former: Nitin J. Mhatre (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $72K, to Kathryn Luria (Executive Director).
Frequently asked questions about Harold Webster Smith Foundation Inc
How much does Harold Webster Smith Foundation Inc give each year?
Harold Webster Smith Foundation Inc gave $264K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $222K across 5 grants.
What is Harold Webster Smith Foundation Inc's typical grant size?
Harold Webster Smith Foundation Inc's median grant in 2025 was $17,409, and its average grant was $37,755, across 7 grants on its 2025 IRS Form 990-PF.
Where does Harold Webster Smith Foundation Inc give grants?
Harold Webster Smith Foundation Inc gives mostly in Connecticut: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Waterbury, CT (3 grants).
Does Harold Webster Smith Foundation Inc give general operating support?
Yes: 14% of Harold Webster Smith Foundation Inc's 2025 grants with a stated purpose (1 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Harold Webster Smith Foundation Inc's largest grantees?
Harold Webster Smith Foundation Inc's largest 2025 grantees include Neighborworks New Horizons ($103,000), Waterbury Land Bank Authority ($100,000) and Hispanic Coalition of Greater Waterbury Inc ($20,000), according to its 2025 IRS Form 990-PF. Together they received 84% of its itemized 2025 grant dollars.
How large is Harold Webster Smith Foundation Inc?
Harold Webster Smith Foundation Inc reported $7.1M in total assets on its 2025 IRS Form 990-PF. It paid out $347K in qualifying distributions that year, against a required minimum of $397K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Harold Webster Smith Foundation Inc's EIN?
Harold Webster Smith Foundation Inc's EIN (Employer Identification Number) is 22-2947047. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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