Phil and Susan Smith Family Foundation Inc

Private foundation · Grantmaker Lighthouse Point, FL EIN: 46-0848162

Phil and Susan Smith Family Foundation Inc is a private foundation, based in Lighthouse Point, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 4 grants totaling $38K. Net investment income was $96K.

Key facts about Phil and Susan Smith Family Foundation Inc

In short: Phil and Susan Smith Family Foundation Inc gave $38K across 4 grants in 2025 (avg $9K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
46-0848162
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$37,774
Grants made (2025)
4
Average grant
$9,444
Median grant
$10,000
Total assets
$2,201,989
Primary geography
Florida (53% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.2M

+33.4% YoY

Annual Giving

$38K

-15.1% YoY

Grant Count

4

-33.3% YoY

Avg Grant Size

$9K

+27.3% YoY

Under IRS private-foundation payout rules, Phil and Susan Smith Family Foundation Inc reported a distributable amount of $103K for 2025 — the minimum it must pay out in qualifying distributions.

How Phil and Susan Smith Family Foundation Inc gives

  • Giving fell 49% from 2022 to 2025. Method
  • In 2025 it paid out 44% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

5states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

Fort LauderdalePepper PikeBoca RatonBradentonGainesvilleBoulderCarthageChapel HillCoral SpringsDavieFayettevilleGainsvilleGreenvilleManchesterMiamiOrlandoPinehurstPort Saint LucieTampaVero Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K7 grants2019 8 grants2020 9 grants2021 8 grants2022 8 grants2023 6 grants2024 4 grants2025

From 2019 to 2025, annual grant giving ranged from $38K (2025) to $292K (2021). In 2025 it made 4 grants totaling $38K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Broward Health: $10KBroward Health$10KHealth Network Foundation: $10KHealth Network Foundation$10K

The largest 2025 recipient was Broward Health ($10K). Together the top 2 received $20K.

Organizations only. It also paid 2 individual scholarships ($17,774), which are not listed by name.

Grant Size Distribution

35 grants across all recorded years

33<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 33 grants of 35 (94%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
2 individual scholarships Recipients not named —$17,774
Broward Health Fort Lauderdale, FLProgram Support$10,000
Health Network Foundation Pepper Pike, OHProgram Support$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,201,989$1,650,983$1,611,704
Revenue$610,506$168,556$67,208
Expenses$59,500$129,277$101,135
Qualifying Distributions$44,953$115,098$85,304
Net Investment Income$95,959$154,377$51,377
Distributable Amount$102,700$98,486$87,056

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 21, 2024)
  2. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 30, 2025)
  3. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  4. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 9, 2020)
  5. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
  6. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
  7. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 26, 2023)
  8. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Phil and Susan Smith Family Foundation Inc is led by Susan A. Smith, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Susan A. Smith

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Michael R. Dayhoff

    Vice President, Treasurer & Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Shawn P. Smith

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Phil and Susan Smith Family Foundation Inc

How much does Phil and Susan Smith Family Foundation Inc give each year?

Phil and Susan Smith Family Foundation Inc gave $38K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $44K across 6 grants.

What is Phil and Susan Smith Family Foundation Inc's typical grant size?

Phil and Susan Smith Family Foundation Inc's median grant in 2025 was $10,000, and its average grant was $9,444, across 4 grants on its 2025 IRS Form 990-PF.

Where does Phil and Susan Smith Family Foundation Inc give grants?

Phil and Susan Smith Family Foundation Inc gives mostly in Florida: 53% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Ohio (26%) and New Hampshire (21%).

Does Phil and Susan Smith Family Foundation Inc give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Phil and Susan Smith Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.

How large is Phil and Susan Smith Family Foundation Inc?

Phil and Susan Smith Family Foundation Inc reported $2.2M in total assets on its 2025 IRS Form 990-PF. It paid out $45K in qualifying distributions that year, against a required minimum of $103K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Phil and Susan Smith Family Foundation Inc's EIN?

Phil and Susan Smith Family Foundation Inc's EIN (Employer Identification Number) is 46-0848162. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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