Louise K Smith Foundation
Louise K Smith Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $636K in total assets. In 2024, it awarded 50 grants totaling $104K. Net investment income was $53K.
Key facts about Louise K Smith Foundation
- EIN
- 34-7183475
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $104,005
- Grants made (2024)
- 50
- Average grant
- $2,080
- Median grant
- $225
- New grantees (estimate)
- 24% first-time grantees (12 of 50, 2024)
- Total assets
- $635,983
- Primary geography
- New York (57% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Louise K Smith Foundation funds
By grant dollars, the top recipient states for Louise K Smith Foundation's 50 itemized 2024 grants were New York (57%) and Illinois (39%). The most frequent recipient cities were New York, NY (24 grants), Chicago, IL (13 grants), Washington, DC (2 grants) and Bronx, NY (2 grants). 88% of grants with a stated purpose were for general or operating support. Recurring purposes include "Generalgeneral" (3 grants).
Is Louise K Smith Foundation open to new grantees?
24%
first-time grantees, 2024
In 2024, 12 of 50 grantees (24%) were first-time recipients. First grants averaged $389; repeat grants $3K. How we count
Medians: $225 first-time, $225 repeat.
- 72% of 2024 grantees were also funded in 2023. Method
- Giving grew 23% from 2021 to 2024. Method
- In 2024 it paid out 115% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Louise K Smith Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$636K
-6.3% YoY
Annual Giving
$104K
+33.8% YoY
Grant Count
50
-19.4% YoY
Avg Grant Size
$2K
+65.9% YoY
Under IRS private-foundation payout rules, Louise K Smith Foundation reported a distributable amount of $99K for 2024 — the minimum it must pay out in qualifying distributions.
About Louise K Smith Foundation
Based on IRS filings
Louise K Smith Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $636K in total assets. In 2024, it awarded 50 grants totaling $104K. Net investment income was $53K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 50 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $635,983 | $678,435 | $707,863 |
| Revenue | $64,016 | $56,852 | $54,731 |
| Expenses | $106,468 | $86,280 | $116,950 |
| Qualifying Distributions | $114,024 | $86,265 | $117,589 |
| Net Investment Income | $52,941 | $48,313 | $43,131 |
| Distributable Amount | $99,430 | $87,369 | $91,440 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
267 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Concert Artists Guild ($42,600), Third Coast Percussion ($30,000), University of Chicago ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CONCERT ARTISTS GUILD New York, NY | GENERAL | $42,600 |
| THIRD COAST PERCUSSION Chicago, IL | GENERAL | $30,000 |
| UNIVERSITY OF CHICAGO Chicago, IL | GENERAL | $5,000 |
| METROPOLITAN OPERA New York, NY | GENERAL | $3,750 |
| ASSN CHAMBER MUSIC PLAYERS New York, NY | GENERAL | $3,000 |
| TIMELINE THEATRE Chicago, IL | GENERAL | $3,000 |
| WAYNE STATE UNIVERSITY Detroit, MI | GENERAL | $2,500 |
| FOUR NATIONS ENSEMBLE Hudson, NY | GENERAL | $2,200 |
| AMERICAN COMPOSERS ORCHESTRA New York, NY | GENERAL | $1,000 |
| ACCESS CONTEMPORARY MUSIC Chicago, IL | GENERAL | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Louise K Smith | Trustee | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Louise K Smith Foundation?
Louise K Smith Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds $636K in total assets as of 2024.
How large is Louise K Smith Foundation?
As of 2024, Louise K Smith Foundation holds $636K in total assets with $64K in annual revenue. It awarded 50 grants totaling $104K in 2024.
Where does Louise K Smith Foundation operate?
Louise K Smith Foundation has awarded grants in Alabama, Arizona, California, District of Columbia, Illinois, Maryland, Michigan, Minnesota, North Carolina, New Jersey, New York, Oregon, Texas, Virginia.
What size grants does Louise K Smith Foundation award?
In 2024, Louise K Smith Foundation awarded 50 grants totaling $104K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Louise K Smith Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Louise K Smith Foundation reported a distributable amount of $99K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Louise K Smith Foundation's EIN?
Louise K Smith Foundation's EIN (Employer Identification Number) is 34-7183475. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.