Mark C Smith Family Foundation
Mark C Smith Family Foundation is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $57K. Net investment income was $151.
Key facts about Mark C Smith Family Foundation
In short: Mark C Smith Family Foundation gave $57K across 2 grants in 2023 (avg $29K), mostly in Alabama. Source: 2023 IRS Form 990-PF.
- EIN
- 20-3919012
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $57,325
- Grants made (2023)
- 2
- Average grant
- $28,663
- Median grant
- $28,663
- Primary geography
- Alabama (100% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated September 2026.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$57K
+1830.1% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$29K
+865.1% YoY
Under IRS private-foundation payout rules, Mark C Smith Family Foundation reported a distributable amount of $2K for 2023 — the minimum it must pay out in qualifying distributions.
How Mark C Smith Family Foundation gives
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2023, annual grant giving ranged from $3K (2022) to $57K (2023). In 2023 it made 2 grants totaling $57K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
The largest 2023 recipient was Kids to Love ($57K). Together the top 2 received $57K.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Kids to Love Madison, AL | General Support | $57,291 |
| St Jude Childrens Research Hospital Memphis, TN | General Support | $34 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $57,234 | $60,296 |
| Revenue | $151 | $83 | $8 |
| Expenses | $57,384 | $2,970 | $12 |
| Qualifying Distributions | $57,324 | $2,970 | — |
| Net Investment Income | $151 | $83 | $8 |
| Distributable Amount | $1,879 | $2,818 | $2,970 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Officers and directors from IRS filings
Mark C Smith Family Foundation is led by Linda J. Smith, President on every filing since 2020; none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Linda J. Smith
President
On filings since 2020
2 hrs/week
No compensation reported
Mark Clay Smith
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Cynthia Smith
Vice President
New on the 2023 filing
1 hr/week
No compensation reported
Former officers (1)
- Former: Cynthia S. Hughes (2020–2022) — Vice President
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Mark C Smith Family Foundation
How much does Mark C Smith Family Foundation give each year?
Mark C Smith Family Foundation gave $57K across 2 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $3K across 1 grant.
Where does Mark C Smith Family Foundation operate?
Mark C Smith Family Foundation has awarded grants in Alabama, Tennessee, Texas.
How much is Mark C Smith Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Mark C Smith Family Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mark C Smith Family Foundation's EIN?
Mark C Smith Family Foundation's EIN (Employer Identification Number) is 20-3919012. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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