Mike and Jackie Smith Foundation Inc

NAPLES, FL EIN: 59-3539820

Mike and Jackie Smith Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available for 2020. In 2020, it awarded 5 grants totaling $13K. Net investment income was $770.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$13K

Grant Count

Avg Grant Size

$3K

Under IRS private-foundation payout rules, Mike and Jackie Smith Foundation Inc reported a distributable amount of $7K for 2020 — the minimum it must pay out in qualifying distributions.

About Mike and Jackie Smith Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $5K (39%)

North Carolina $5K (38%)

Florida $2K (15%)

Ohio $1K (8%)

States

Florida North Carolina Ohio Tennessee

Cities

BooneNaplesSmithvilleWooster

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	—
Revenue	$-82
Expenses	$14,566
Qualifying Distributions	—
Net Investment Income	$770
Distributable Amount	$7,336

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2020

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Smithville Town Cemetery Association ($5,194), Samaritan's Purse ($5,000), Harry Chapin Food Bank ($1,000).

Recipient	Purpose	Amount
Harry Chapin Food Bank Naples, FL	Unrestricted	$1,000
Salvation Army Naples, FL	Unrestricted	$1,000
People to People Ministries Wooster, OH	Unrestricted	$1,000
Samaritan's Purse Boone, NC	Unrestricted	$5,000
Smithville Town Cemetery Association Smithville, TN	Unrestricted	$5,194

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
Jeffrey E Smith	Director	1	—
Jill A Carmichael	Director	1	—
Charles H Carmichael	Director	1	—
Patrice Smith	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mike and Jackie Smith Foundation Inc?

Mike and Jackie Smith Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. It holds — in total assets as of 2020.

Where does Mike and Jackie Smith Foundation Inc operate?

Mike and Jackie Smith Foundation Inc has awarded grants in Florida, North Carolina, Ohio, Tennessee.

What size grants does Mike and Jackie Smith Foundation Inc award?

In 2020, Mike and Jackie Smith Foundation Inc awarded 5 grants totaling $13K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Mike and Jackie Smith Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Mike and Jackie Smith Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mike and Jackie Smith Foundation Inc's EIN?

Mike and Jackie Smith Foundation Inc's EIN (Employer Identification Number) is 59-3539820. IRS Form 990 filing data is available on this page for 2020.