Michael S Smith Family Foundation

HILLSBORO BEACH, FL EIN: 81-6506101

Michael S Smith Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HILLSBORO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $890K in total assets. In 2024, it awarded 4 grants totaling $88K. Net investment income was $28K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$890K

+12.5% YoY

Annual Giving

$88K

Grant Count

4

Avg Grant Size

$22K

Under IRS private-foundation payout rules, Michael S Smith Family Foundation reported a distributable amount of $67K for 2024 — the minimum it must pay out in qualifying distributions.

About Michael S Smith Family Foundation

Based on IRS filings

Michael S Smith Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HILLSBORO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $890K in total assets. In 2024, it awarded 4 grants totaling $88K. Net investment income was $28K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

BeverlyBoca RatonBostonDallasDavieFort LauderdaleFraminghamLos AngelesMemphisMiamiNew YorkPembroke ParkSafety HarborWashingtonWest Hollywood

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$53K$106K$159K$212K20202021202220232024
Metric202420232022
Total Assets$889,593$790,899$1,093,771
Revenue$193,108$35,000$26,390
Expenses$94,414$5,948$6,748
Qualifying Distributions$87,572
Net Investment Income$27,629$30,327$18,489
Distributable Amount$66,661$1,814$54,545

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$44K$66K$88K23 grants20202 grants20210 grants20220 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

IDF$78KAIPAC$10KSPECIAL OLYMPICS$20HABITAT FOR HUMANITY$20

Grant Size Distribution

29 grants across all recorded years

28<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Idf ($77,532), Aipac ($10,000), Special Olympics ($20).

RecipientPurposeAmount
SPECIAL OLYMPICS DAVIE, FLGENERAL SUPPORT$20
HABITAT FOR HUMANITY FORT LAUDERDALE, FLGENERAL SUPPORT$20
AIPAC WASHINGTON, DCGENERAL SUPPORT$10,000
IDF NEW YORK, NYGENERAL SUPPOR$77,532

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL SMITHPRESIDENT2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Michael S Smith Family Foundation?

Michael S Smith Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HILLSBORO BEACH, FL. It holds $890K in total assets as of 2024.

How large is Michael S Smith Family Foundation?

As of 2024, Michael S Smith Family Foundation holds $890K in total assets with $193K in annual revenue. It awarded 4 grants totaling $88K in 2024.

Where does Michael S Smith Family Foundation operate?

Michael S Smith Family Foundation has awarded grants in California, District of Columbia, Florida, Massachusetts, New York, Tennessee, Texas.

What size grants does Michael S Smith Family Foundation award?

In 2024, Michael S Smith Family Foundation awarded 4 grants totaling $88K — an average of about $22K per grant, based on its IRS Form 990 filings.

How much is Michael S Smith Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael S Smith Family Foundation reported a distributable amount of $67K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Michael S Smith Family Foundation's EIN?

Michael S Smith Family Foundation's EIN (Employer Identification Number) is 81-6506101. 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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