Marion L Smith Charitable Trust

BROOKLYN, OH EIN: 14-6161012

Marion L Smith Charitable Trust is a private foundation, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $686K in total assets. In 2024, it awarded 7 grants totaling $15K. Net investment income was $32K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$686K

+2.0% YoY

Annual Giving

$15K

-60.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2K

-60.0% YoY

Under IRS private-foundation payout rules, Marion L Smith Charitable Trust reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.

About Marion L Smith Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $139K (86%)

Maryland $18K (11%)

Florida $5K (3%)

States

Florida Maryland New York

Cities

AlbanyBethesdaCohoesHomestead

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$686,039	$672,838	$695,384
Revenue	$40,768	$26,056	$-39,098
Expenses	$27,238	$48,626	$59,350
Qualifying Distributions	$18,716	$41,097	$50,897
Net Investment Income	$32,330	$18,276	$12,619
Distributable Amount	$39,610	$37,152	$39,182

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

36 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cystic Fibrosis Foundation ($2,142), Northeastern Assn of the Blind at Albany ($2,142), St Catherines Ctr for Children ($2,142).

Recipient	Purpose	Amount
CYSTIC FIBROSIS FOUNDATION BETHESDA, MD	SATISFY EXEMPT PURPOSE OF	$2,142
NORTHEASTERN ASSN OF THE BLIND AT ALBANY ALBANY, NY	SATISFY EXEMPT PURPOSE OF	$2,142
ST CATHERINES CTR FOR CHILDREN ALBANY, NY	SATISFY EXEMPT PURPOSE OF	$2,142
PARSON'S CHILD AND FAMILY CENTER ALBANY, NY	SATISFY EXEMPT PURPOSE OF	$2,141
GENERAL PETER GANSEVOORT COHOES, NY	SATISFY EXEMPT PURPOSE OF	$2,142
ST PETERS HOSPITAL FOUNDATION ALBANY, NY	SATISFY EXEMPT PURPOSE OF	$2,141
CENTER FOR THE DISABLED ALBANY, NY	SATISFY EXEMPT PURPOSE OF	$2,141

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KEYBANK N A	TRUSTEE	1	$10,502

Frequently Asked Questions

How large is Marion L Smith Charitable Trust?

As of 2024, Marion L Smith Charitable Trust holds $686K in total assets with $41K in annual revenue. It awarded 7 grants totaling $15K in 2024.

Where does Marion L Smith Charitable Trust operate?

Marion L Smith Charitable Trust has awarded grants in Florida, Maryland, New York.

What size grants does Marion L Smith Charitable Trust award?

In 2024, Marion L Smith Charitable Trust awarded 7 grants totaling $15K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Marion L Smith Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Marion L Smith Charitable Trust reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Marion L Smith Charitable Trust's EIN?

Marion L Smith Charitable Trust's EIN (Employer Identification Number) is 14-6161012. IRS Form 990 filing data is available on this page for 2020–2024.