John and Gwen Smart Foundation

Private foundation · Grantmaker Lisle, IL EIN: 81-1535437

The John and Gwen Smart Foundation is a private foundation based in Lisle, Illinois. In 2024, it reported 18 grants totaling $3,380,000 to charitable organizations.

John and Gwen Smart Foundation at a glance

In short: John and Gwen Smart Foundation gave $3.4M across 18 grants in 2024 (avg $188K), mostly in California. 27% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$3,380,000
-0.6% vs 2023
Grants made (2024)
18
-14.3% vs 2023
Average grant
$187,778
+16.0% vs 2023
Median grant
$112,500
Total assets
$36,701,733
+2.9% vs 2023
New grantees (estimate)
27% first-time grantees (4 of 15, 2024; small sample)
Primary geography
California (53% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to John and Gwen Smart Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.

Contact

Mailing address: 1001 Warrenville Road 500, Lisle, IL 60532-4306
Phone: (331) 401-5961

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who John and Gwen Smart Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Stanford University: $1.2M across 4 grantsStanford University$1.2M · 4 grantsUsher III Initiative Inc: $500KUsher III Initiative Inc$500KNew York Women's Foundation: $450KNew York Women's Foundation$450KThe Nature Conservancy: $350KThe Nature Conservancy$350KRogosin Institute Inc: $210KRogosin Institute Inc$210KAmerican Nurses Foundation: $120KAmerican Nurses Foundation$120KCreativity Explored: $105KCreativity Explored$105KSanta Barbara Bird Sanctuary: $100KSanta Barbara Bird Sanctuary$100KCornell University: $85KCornell University$85KWomen in Need Inc: $80KWomen in Need Inc$80K

The largest 2024 recipient was Stanford University ($1.2M across 4 grants). Together the top 10 received $3.2M.

Grant Size Distribution

109 grants across all recorded years

14<$50K31$50–100K41$100–250K22$250–500K1$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 41 grants of 109 (38%).

Geographic Focus

Where this funder awards grants

In 2024, grant dollars were distributed among recipients in California (53%), New York (28%), Illinois (15%), and Maryland (4%).

Grant Distribution by State

5states

Share of 2024 grant dollars across all 18 itemized grants.

Cities

New YorkRedwood CitySan FranciscoSacramentoChicagoSanta BarbaraStanfordSummerlandDelhiSanta CruzAlturasBovina CenterCarpinteriaDenverSan JoseSilver SpringWoodside

Is John and Gwen Smart Foundation open to new grantees?

27%

first-time grantees, 2024

In 2024, 4 of 15 grantees (27%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $163K; repeat grants $248K. How we count

Medians: $85K first-time, $100K repeat.

  • 73% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+17%). Method
  • In 2024 it paid out 83% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M25 grants2020 22 grants2021 23 grants2022 21 grants2023 18 grants2024

From 2020 to 2024, annual grant giving ranged from $2.8M (2020) to $3.6M (2022). In 2024 it made 18 grants totaling $3.4M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Usher III Initiative Inc Chicago, ILGeneral Operations$500,000
New York Women's Foundation New York, NYGeneral Operations$450,000
Stanford University Redwood City, CAMetastatic Breast Cancer Research$420,000
The Nature Conservancy Sacramento, CASan Andreas Corrido$350,000
Stanford University Redwood City, CAByers Eye Institute$300,000
Stanford University Stanford, CAAllen Morgan Standish Library Fund$300,000
Rogosin Institute Inc New York, NYGeneral Operations$210,000
Stanford University Redwood City, CAParkinson's Research$150,000
American Nurses Foundation Silver Spring, MDGeneral Operations$120,000
Creativity Explored San Francisco, CAGeneral Operations$105,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$36,701,733$4,866,403$3,840,045$3,380,00018$3,401,503$4,482,861$4,077,226
2023$35,675,375$1,127,905$3,760,924$3,400,00021$3,420,212$692,772$3,399,006
2022$38,308,394$308,314$4,132,365$3,600,00023$3,684,107$56,543$3,467,635
2021$42,132,445$13,893,439$3,951,299$2,900,00022$2,960,860$13,078,000$3,643,421
2020$32,190,305$4,273,234$3,348,470$2,800,00025—$3,798,273$2,952,819

Under IRS private-foundation payout rules, John and Gwen Smart Foundation reported a distributable amount of $4.1M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No foundation mission statement is provided. Its 2024 grants show support for organizations working in a range of areas. For example, the Usher III Initiative describes its work as pursuing small-molecule chaperone therapy to develop a treatment to slow or reverse vision loss associated with Usher III. The New York Women’s Foundation describes its work as investing in women-led, community-based solutions to promote the economic security, safety, and health of overlooked women.

Other supported organizations describe their work as advancing nursing education and research (American Nurses Foundation), creating an art studio-based collective with people with developmental disabilities (Creativity Explored), serving Northern California through community-supported media (KQED), and working to create a sustainable world for all animals (High Plateau Humane Society). The filing also lists grants for research, conservation, and other purposes, including metastatic breast cancer research and the San Andreas Corridor.

Grantmaking

In 2024, the foundation reported 18 grants totaling $3,380,000. Grants ranged from $30,000 to $500,000, with a median of $112,500. Among the largest were $500,000 to the Usher III Initiative for general operations; $450,000 to the New York Women’s Foundation for general operations; $420,000 to Stanford University for metastatic breast cancer research; and $350,000 to The Nature Conservancy for the San Andreas Corridor. Other reported grants included $300,000 to Stanford University for the Byers Eye Institute and $210,000 to Rogosin Institute for general operations.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Nancy Smart as president and director, Ellen Oswald as treasurer and director, and William Oswald as secretary and director.

John and Gwen Smart Foundation is led by Nancy Smart, President & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Nancy Smart

    President & Director

    On filings since 2020

    10 hrs/week

    $30K (2020) → $0 (2024)

  • Ellen Oswald

    Treasurer & Director

    On filings since 2020

    5 hrs/week

    $18K (2020) → $0 (2024)

  • William Oswald

    Secretary & Director

    On filings since 2020

    5 hrs/week

    $18K (2020) → $0 (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

William Oswald — Secretary and Director: $32KWilliam OswaldSecretary and Director$32KEllen Oswald — Treasurer and Director: $32KEllen OswaldTreasurer and Director$32KNancy Smart — President and Director: $30KNancy SmartPresident and Director$30K

The highest reported compensation on the 2022 filing was $32K, to William Oswald (Secretary and Director). 3 officers or directors reported compensation on that filing.

Frequently asked questions about John and Gwen Smart Foundation

How much does John and Gwen Smart Foundation give each year?

John and Gwen Smart Foundation gave $3.4M across 18 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.4M across 21 grants.

What is John and Gwen Smart Foundation's typical grant size?

John and Gwen Smart Foundation's median grant in 2024 was $112,500, and its average grant was $187,778, across 18 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from John and Gwen Smart Foundation that year got $163K on average.

Where does John and Gwen Smart Foundation give grants?

John and Gwen Smart Foundation gives mostly in California: 53% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New York (28%) and Illinois (15%). The most frequent recipient cities were New York, NY (6 grants), Redwood City, CA (3 grants) and San Francisco, CA (2 grants).

Does John and Gwen Smart Foundation give general operating support?

Yes: 56% of John and Gwen Smart Foundation's 2024 grants with a stated purpose (10 of 18) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are John and Gwen Smart Foundation's largest grantees?

John and Gwen Smart Foundation's largest 2024 grantees include Stanford University ($1,170,000 across 4 grants), Usher III Initiative Inc ($500,000) and New York Women's Foundation ($450,000), according to its 2024 IRS Form 990-PF. Together they received 63% of its itemized 2024 grant dollars.

How large is John and Gwen Smart Foundation?

John and Gwen Smart Foundation reported $36.7M in total assets on its 2024 IRS Form 990-PF. It paid out $3.4M in qualifying distributions that year, against a required minimum of $4.1M (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 does John and Gwen Smart Foundation fund?

No foundation mission statement is provided. Its 2024 grants show support for organizations working in a range of areas. See mission & focus areas ↑

How do I apply for a grant from John and Gwen Smart Foundation?

The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is John and Gwen Smart Foundation's EIN?

John and Gwen Smart Foundation's EIN (Employer Identification Number) is 81-1535437. IRS Form 990 filing data is available on this page for 2020–2024.

Does John and Gwen Smart Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). John and Gwen Smart Foundation funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/john-and-gwen-smart-foundation-morg_9e4d0eefcdc14ab093d843af8313da05

BibTeX
@misc{grantable_811535437_2026,
  author       = {{Grantable}},
  title        = {{John and Gwen Smart Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/john-and-gwen-smart-foundation-morg_9e4d0eefcdc14ab093d843af8313da05},
  note         = {Accessed 2026-10-19. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from John and Gwen Smart Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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