Louis & Mary Kay Smith Family Foundation

HOUSTON, TX EIN: 45-2632241

The Louis & Mary Kay Smith Family Foundation is a private foundation established in Texas and based in Houston, TX. The foundation operates as a 501(c)(3) organization with tax-exempt status since November 2011. It functions as a family foundation with limited staffing, relying primarily on board members for governance and decision-making.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$425K

+27.2% YoY

Grant Count

58

-6.5% YoY

Avg Grant Size

$7K

+36.0% YoY

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

Mission & Focus Areas

The foundation's primary funding interests include:

  • Education — including youth education, K-12 schools, and educational institutions
  • Poverty Issues — poverty relief and economic empowerment
  • Religious Organizations — church support and community support through faith-based institutions
  • General Support — unspecified charitable causes

Grantmaking

The foundation indicates it makes contributions to preselected charitable organizations only and does not accept unsolicited applications.

Grant Range

$1,000 to $35,000

Average Grant

amount: $6,000–$6,332 (varies by program area)

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Minnesota, Texas, and Massachusetts.

Grant Distribution by State

13states
+5 more states

Cities

AMARILLOATLANTAAUSTINBALTIMOREBOONEBOSTONBRONXBROOKLYN PARKCAMPBELLCHICAGOCROSSLAKEDARTMOUTHDES MOINESEDINAFRANKLINGOLDEN VALLEYGRAND RAPIDSHOPKINSHOUSTONHUNT

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending December 2024:

Metric Amount
Total Assets $1,056,503
Total Revenue $516,983
Total Expenses $478,826
Total Giving $425,000–$447,624
Investment Income & Dividends $108,252

Giving Rate: 43.1% of assets distributed annually

Historical Assets (2023): $7.5 million

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$106K$213K$319K$425K76 grants201969 grants202070 grants202165 grants202262 grants202358 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CROSSLAKE PRESBYTERIAN C…$31KMEDFIELD FOUNDATION INCL…$30KLAGRANGE COLLEGE$25KRICE UNIVERSITYWILLIAM M…$23KAUSTIN CLASSICAL GUITAR …$15KROTARY CLUB OF HOUSTON H…$13KAUSTIN CHAMBER MUSIC CEN…$10KBALLET AUSTIN$10KCASA MARIANELLA$10KTHE LAKE FOUNDATION$10K

Grant Size Distribution

250 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Name Title Hours/Week Compensation
Louis Smith President/Treasurer 2.3 $0
Mary Kay Smith Secretary 2.3 $0
Janet Hughes Vice President 3 $30,032
Matthew Smith Director 1 $0
Marcia Robitaille Director 1 $0
Waldinei D Costa Director 1 $0

Compensation Overview

From 2024 IRS filing

JANET HUGHESVICE PRESIDENT$30K

From 2024 filing

NameTitleHoursCompensation
LOUIS SMITHPRESIDENT/TREASURER2.3
MARY KAY SMITHSECRETARY2.3
JANET HUGHESVICE PRESIDENT3$30,032
MATTHEW SMITHDIRECTOR1
MARCIA ROBITAILLEDIRECTOR1
WALDINEI D COSTADIRECTOR1

Contact Information

  • Address: 11607 Oak Glen Court, Houston, TX 77024-5147
  • Phone: 713-461-6878
  • EIN: 45-2632241

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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