Herman & Patsy Smith Charitable Foundation

Private foundation · Grantmaker Colleyville, TX EIN: 75-2610418

Herman & Patsy Smith Charitable Foundation is a private foundation, based in Colleyville, TX. IRS filing data is available from 2019 through 2021. In 2021, it awarded 1 grant totaling $4.0M. Net investment income was $288K.

Key facts about Herman & Patsy Smith Charitable Foundation

In short: Herman & Patsy Smith Charitable Foundation gave $4.0M across 1 grant in 2021 (avg $4.0M), mostly in Texas. Source: 2021 IRS Form 990-PF.

EIN
75-2610418
Latest 990 filing
Form 990-PF, 2021
Annual giving (2021)
$4,013,983
Grants made (2021)
1
Average grant
$4,013,983
Median grant
$4,013,983
Primary geography
Texas (100% of itemized 2021 grant dollars)

Data from IRS Form 990-PF, 2021; updated September 2026.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$4.0M

+1974.4% YoY

Grant Count

1

-94.4% YoY

Avg Grant Size

$4.0M

+37239.4% YoY

Under IRS private-foundation payout rules, Herman & Patsy Smith Charitable Foundation reported a distributable amount of $183K for 2021 — the minimum it must pay out in qualifying distributions.

How Herman & Patsy Smith Charitable Foundation gives

  • In 2021 it paid out well above its IRS minimum distribution (the 5% rule). 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

6states

Share of the 2021 grant dollars on its one itemized grant.

Cities

BedfordDallasWacoAustinHonoluluHoustonMarshallPhiladelphiaPhoenixWashingtonPlanoRichland HillsSan Fransisco

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M18 grants2019 18 grants2020 1 grant2021

From 2019 to 2021, annual grant giving ranged from $183K (2019) to $4.0M (2021). In 2021 it made 1 grant totaling $4.0M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2021

Baptist Foundation of Texas: $4.0MBaptist Foundation of Texas$4.0M

The largest 2021 recipient was Baptist Foundation of Texas ($4.0M).

Grant Size Distribution

37 grants across all recorded years

34<$50K$50–100K2$100–250K$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 34 grants of 37 (92%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Baptist Foundation of Texas Plano, TXReligious, Education, Charitable and Scientific Purposes$4,013,983

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2019 2020 2021
Metric202120202019
Total Assets—$3,728,024$4,373,920
Revenue$310,140$-441,012$182,081
Expenses$4,038,164$204,884$189,779
Qualifying Distributions$4,015,605——
Net Investment Income$287,581$85,136$176,262
Distributable Amount$182,953$179,774$195,828

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 18, 2020)
  2. IRS filings on file for fiscal years 2020–2021

Leadership & Key People

Officers and directors from IRS filings

Herman & Patsy Smith Charitable Foundation's 2021 filing lists 3 officers; none of the 3 officers listed in 2021 report compensation.

Officers on the 2021 filing

  • Linda L. Hamilton

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Madelyn B. Ivey

    Director & Vice President

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Patsy R. Smith

    Director, P & T

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2021. "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 Herman & Patsy Smith Charitable Foundation

How much does Herman & Patsy Smith Charitable Foundation give each year?

Herman & Patsy Smith Charitable Foundation gave $4.0M across 1 grant in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $194K across 18 grants.

Where does Herman & Patsy Smith Charitable Foundation operate?

Herman & Patsy Smith Charitable Foundation has awarded grants in Arizona, California, District of Columbia, Hawaii, Pennsylvania, Texas.

How much is Herman & Patsy Smith Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Herman & Patsy Smith Charitable Foundation reported a distributable amount of $183K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Herman & Patsy Smith Charitable Foundation's EIN?

Herman & Patsy Smith Charitable Foundation's EIN (Employer Identification Number) is 75-2610418. IRS Form 990 filing data is available on this page for 2019–2021.

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

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