R Templeton Smith Foundation

CLEVELAND HEIGHTS, OH EIN: 34-1823830

R Templeton Smith Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND HEIGHTS, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 4 grants totaling $41K. Net investment income was $1K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

+3.9% YoY

Annual Giving

$41K

+173.3% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$10K

+36.7% YoY

Under IRS private-foundation payout rules, R Templeton Smith Foundation reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.

About R Templeton Smith Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $40K (44%)

Ohio $36K (39%)

Illinois $6K (7%)

Wisconsin $5K (5%)

District of Columbia $4K (4%)

Virginia $1K (1%)

States

District of Columbia Illinois Ohio Pennsylvania Virginia Wisconsin

Cities

CharlottesvilleChicagoMacedoniaMadisonMiddleburg HeightsPittsburghSteubenvilleWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,051,887	$1,975,721	$1,970,910
Revenue	$1,166	$29,244	$158,217
Expenses	$45,748	$24,433	$31,505
Qualifying Distributions	$41,000	$15,000	$20,100
Net Investment Income	$1,166	$22,156	$146,812
Distributable Amount	$36,324	$33,084	$27,673

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Veranova Health ($25,000), Beatrice Institute ($10,000), Athenaeum Center for Thought & Culture ($5,000).

Recipient	Purpose	Amount
ATHENAEUM CENTER FOR THOUGHT & CULTURE CHICAGO, IL	GENERAL SUPPORT	$5,000
BEATRICE INSTITUTE PITTSBURGH, PA	GENERAL SUPPORT	$10,000
HILDEBRAND PROJECT STEUBENVILLE, OH	GENERAL SUPPORT	$1,000
VERANOVA HEALTH MIDDLEBURG HEIGHTS, OH	GENERAL SUPPORT	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
EDWARD C SMITH	SECRETARY	1	—
MARY SMITH PODLES	TRUSTEE	1	—
ANN T SEABRIGHT	TRUSTEE	1	—
FREDERICK A SMITH	PRESIDENT	1	—
MARK T SMITH	VICE PRESIDENT	1	—
KENNEDY SMITH JR	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is R Templeton Smith Foundation?

R Templeton Smith Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND HEIGHTS, OH. It holds $2.1M in total assets as of 2024.

How large is R Templeton Smith Foundation?

As of 2024, R Templeton Smith Foundation holds $2.1M in total assets with $1K in annual revenue. It awarded 4 grants totaling $41K in 2024.

Where does R Templeton Smith Foundation operate?

R Templeton Smith Foundation has awarded grants in District of Columbia, Illinois, Ohio, Pennsylvania, Virginia, Wisconsin.

What size grants does R Templeton Smith Foundation award?

In 2024, R Templeton Smith Foundation awarded 4 grants totaling $41K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is R Templeton Smith Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, R Templeton Smith Foundation reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.