Ifs Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLD GREENWICH, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it awarded 7 grants totaling $390K. Net investment income was $207K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.7M
-2.2% YoY
Annual Giving
$390K
-19.6% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$56K
-19.6% YoY
Under IRS private-foundation payout rules, Ifs Family Foundation Inc reported a distributable amount of $519K for 2024 — the minimum it must pay out in qualifying distributions.
About Ifs Family Foundation Inc
Based on IRS filings
Ifs Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLD GREENWICH, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it awarded 7 grants totaling $390K. Net investment income was $207K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,714,550 | $7,884,245 | $8,457,604 |
| Revenue | $294,670 | $26,603 | $1,044,143 |
| Expenses | $475,544 | $577,805 | $492,715 |
| Qualifying Distributions | $390,000 | $485,000 | $388,000 |
| Net Investment Income | $206,806 | $113,828 | $937,961 |
| Distributable Amount | $519,142 | $468,758 | $489,828 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Little Star Foundation ($250,000), University of Wisconson Children's Hospital ($50,000), Bowdoin College ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOWDOIN COLLEGE BRUNSWICK, ME | EDUCATION | $25,000 |
| BREAST CANCER ALLLIANCE GREENWICH, CT | MEDICAL | $10,000 |
| LITTLE STAR FOUNDATION SANTA ROSA BEACH, FL | MEDICAL | $250,000 |
| NYU LANGONE NEW YORK, NY | MEDICAL | $10,000 |
| RONALD MACDONALD HOUSE MARSHFIELD, WI | PROVIDES A TEMPORARY "HOME AWAY FROM HOME" FOR SERIOUSLY ILL OR INJURED CHILDREN AND THEIR FAMILIES. | $25,000 |
| UNIVERSITY OF WASHINGTON(SLAVIC) SEATLE, WA | EDUCATION | $20,000 |
| UNIVERSITY OF WISCONSON CHILDREN'S HOSPITAL MILWAUKEE, WI | HIGHEST QUALITY CARE TO AGING ADULTS WHILE OFFERING GUIDANCE AND SUPPORT TO THEIR CAREGIVERS | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LINDA S SMITH | VICE PRESIDENT/SECRETARY | — | — |
| SUSAN N SMITH | VICE PRESIDENT | — | — |
| STEPHEN D SMITH | PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ifs Family Foundation Inc?
Ifs Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLD GREENWICH, CT. It holds $7.7M in total assets as of 2024.
How large is Ifs Family Foundation Inc?
As of 2024, Ifs Family Foundation Inc holds $7.7M in total assets with $295K in annual revenue. It awarded 7 grants totaling $390K in 2024.
Where does Ifs Family Foundation Inc operate?
Ifs Family Foundation Inc has awarded grants in Arizona, Connecticut, Florida, Maine, New York, Washington, Wisconsin.
What size grants does Ifs Family Foundation Inc award?
In 2024, Ifs Family Foundation Inc awarded 7 grants totaling $390K — an average of about $56K per grant, based on its IRS Form 990 filings.
How much is Ifs Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ifs Family Foundation Inc reported a distributable amount of $519K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ifs Family Foundation Inc's EIN?
Ifs Family Foundation Inc's EIN (Employer Identification Number) is 06-1552716. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ifs Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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