Patrick & Janet Smith Memorial is a private foundation focused on Education, based in BENSALEM, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $271K in total assets. In 2024, it awarded 8 grants totaling $21K. Net investment income was $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$271K
+8.2% YoY
Annual Giving
$21K
-8.7% YoY
Grant Count
8
-11.1% YoY
Avg Grant Size
$3K
+2.7% YoY
Under IRS private-foundation payout rules, Patrick & Janet Smith Memorial reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
About Patrick & Janet Smith Memorial
Based on IRS filings
Patrick & Janet Smith Memorial is a private foundation focused on Education, based in BENSALEM, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $271K in total assets. In 2024, it awarded 8 grants totaling $21K. Net investment income was $11K.
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 | $270,672 | $250,155 | $230,081 |
| Revenue | $58,835 | $58,349 | $59,803 |
| Expenses | $47,318 | $41,275 | $47,711 |
| Qualifying Distributions | $38,100 | $38,046 | $44,025 |
| Net Investment Income | $10,864 | $9,800 | $9,670 |
| Distributable Amount | $12,970 | $11,804 | $12,138 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 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 Mackenzey Beatrice ($3,000), Samantha Crompton ($3,000), Nicholas Rogers ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| NICHOLAS ROGERS PHILADELPHIA, PA | TUITION | $2,500 |
| ANTHONY FINOCCHIARO PHILADELPHIA, PA | TUITION | $2,500 |
| PATRICK MCCROSSAN PHILADELPHIA, PA | TUITION | $2,500 |
| CONRAD KANIA PHILADELPHIA, PA | TUITION | $2,500 |
| SOPHIA COZZI PHILADELPHIA, PA | TUITION | $2,500 |
| SEAN BROWN PHILADELPHIA, PA | TUITION | $2,500 |
| MACKENZEY BEATRICE PHILADELPHIA, PA | TUITION | $3,000 |
| SAMANTHA CROMPTON PHILADELHIA, PA | TUITION | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PATRICK SMITH JR | PRESIDENT | 10 | — |
| ANTHONY SMITH | VICE PRESIDE | 2 | — |
| JANET PERRY | DIRECTOR | 2 | — |
| MICHAEL SMITH | DIRECTOR | 2 | — |
| COLLIN WALSH | DIRECTOR | 2 | — |
| STEPHEN SHARP | TREASURER | 2 | — |
| MARTIN KAHRIMANIAN | DIRECTOR | 2 | — |
| RACHAEL DEPAN | DIRECTOR | 2 | — |
| EMILY SMITH | SECRETARY | 5 | — |
| PATRICK J SMITH | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Patrick & Janet Smith Memorial?
Patrick & Janet Smith Memorial is a private foundation focused on Education, based in BENSALEM, PA. It holds $271K in total assets as of 2024.
How large is Patrick & Janet Smith Memorial?
As of 2024, Patrick & Janet Smith Memorial holds $271K in total assets with $59K in annual revenue. It awarded 8 grants totaling $21K in 2024.
Where does Patrick & Janet Smith Memorial operate?
Patrick & Janet Smith Memorial has awarded grants in Pennsylvania.
What size grants does Patrick & Janet Smith Memorial award?
In 2024, Patrick & Janet Smith Memorial awarded 8 grants totaling $21K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Patrick & Janet Smith Memorial required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Patrick & Janet Smith Memorial reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Patrick & Janet Smith Memorial's EIN?
Patrick & Janet Smith Memorial's EIN (Employer Identification Number) is 23-2791619. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Patrick & Janet Smith Memorial's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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