Michael R Smith Memorial Scholarship is a private foundation focused on Education, based in UPTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 2 grants totaling $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10K
-10.2% YoY
Annual Giving
$2K
+100.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$1K
+0.0% YoY
Under IRS private-foundation payout rules, Michael R Smith Memorial Scholarship reported a distributable amount of $510 for 2024 — the minimum it must pay out in qualifying distributions.
About Michael R Smith Memorial Scholarship
Based on IRS filings
Michael R Smith Memorial Scholarship is a private foundation focused on Education, based in UPTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 2 grants totaling $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,008 | $11,143 | $6,643 |
| Revenue | $859 | $5,500 | $5,500 |
| Expenses | $2,000 | $1,000 | $1,025 |
| Qualifying Distributions | $2,000 | $1,000 | $1,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $510 | $346 | $108 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Anika Challa ($1,000), Kyle Sharma ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Anika Challa Harvard, MA | College Scholarship | $1,000 |
| Kyle Sharma Harvard, MA | College Scholarship | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Brett Simas | Acting President | 1 | — |
| Christopher Demerjian | Treaurer | 1 | — |
| Leslie Fincke | Secratary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Michael R Smith Memorial Scholarship?
Michael R Smith Memorial Scholarship is a private foundation focused on Education, based in UPTON, MA. It holds $10K in total assets as of 2024.
How large is Michael R Smith Memorial Scholarship?
As of 2024, Michael R Smith Memorial Scholarship holds $10K in total assets with $859 in annual revenue. It awarded 2 grants totaling $2K in 2024.
Where does Michael R Smith Memorial Scholarship operate?
Michael R Smith Memorial Scholarship has awarded grants in Massachusetts.
What size grants does Michael R Smith Memorial Scholarship award?
In 2024, Michael R Smith Memorial Scholarship awarded 2 grants totaling $2K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Michael R Smith Memorial Scholarship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael R Smith Memorial Scholarship reported a distributable amount of $510 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Michael R Smith Memorial Scholarship's EIN?
Michael R Smith Memorial Scholarship's EIN (Employer Identification Number) is 84-4720618. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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