Ray and June Smith Charitable Foundation
Ray and June Smith Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.4M in total assets. In 2024, it awarded 15 grants totaling $320K. Net investment income was $229K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.4M
-2.1% YoY
Annual Giving
$320K
+3.2% YoY
Grant Count
15
-6.3% YoY
Avg Grant Size
$21K
+10.1% YoY
Under IRS private-foundation payout rules, Ray and June Smith Charitable Foundation reported a distributable amount of $322K for 2024 — the minimum it must pay out in qualifying distributions.
About Ray and June Smith Charitable Foundation
Based on IRS filings
Ray and June Smith Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.4M in total assets. In 2024, it awarded 15 grants totaling $320K. Net investment income was $229K.
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 | $5,377,626 | $5,493,650 | $5,668,590 |
| Revenue | $307,286 | $253,133 | $320,479 |
| Expenses | $417,957 | $401,921 | $397,887 |
| Qualifying Distributions | $332,967 | $322,880 | $323,122 |
| Net Investment Income | $228,950 | $215,450 | $245,714 |
| Distributable Amount | $322,109 | $320,381 | $327,195 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
66 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include First Presbyterian Church ($125,000), Museum of Fine Arts ($30,000), University of Houston ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FIRST PRESBYTERIAN CHURCH HOUSTON, TX | CHURCH BUILDING FUNDS | $125,000 |
| WESTMINSTER PRESBYTERIAN CHURCH CHEHALIS, WA | CHURCH BUILDING REPAIRS | $20,000 |
| MUSEUM OF FINE ARTS HOUSTON, TX | MUSEUM OPERATING FUNDS | $30,000 |
| UNIVERSITY OF HOUSTON HOUSTON, TX | SCHOLARSHIPS | $30,000 |
| RICE UNIVERSITY HOUSTON, TX | ACADEMIC PROGRAMS STUDENT PROJECTS | $30,000 |
| PRESBYTERIAN SCHOOL HOUSTON, TX | SUPPORT FOR EDUCATIONAL ABD ATHELETIC PROGRAMS | $15,000 |
| NEAMIAH CENTER HOUSTON, TX | EDUCATIONAL FUNDS FOR UNDERPRIVILEGED CHILDREN | $10,000 |
| PRESBYTERIAN CHILDRENS HOME AUSTIN, TX | CHRIST CENTERED CHILDREN SERVICES | $10,000 |
| CANCARE HOUSTON, TX | ONE-ON-ONE SUPPORT FOR CANCER PATIENTS | $15,000 |
| THERAPY PET PALS AUSTIN, TX | ANIMAL ASSISTED THERAPY FOR HOSPITALIZED PERSONS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROL HANEY | TRUSTEE | — | — |
| MICHAEL GAUS | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ray and June Smith Charitable Foundation?
Ray and June Smith Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $5.4M in total assets as of 2024.
How large is Ray and June Smith Charitable Foundation?
As of 2024, Ray and June Smith Charitable Foundation holds $5.4M in total assets with $307K in annual revenue. It awarded 15 grants totaling $320K in 2024.
Where does Ray and June Smith Charitable Foundation operate?
Ray and June Smith Charitable Foundation has awarded grants in Texas, Washington.
What size grants does Ray and June Smith Charitable Foundation award?
In 2024, Ray and June Smith Charitable Foundation awarded 15 grants totaling $320K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is Ray and June Smith Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ray and June Smith Charitable Foundation reported a distributable amount of $322K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ray and June Smith Charitable Foundation's EIN?
Ray and June Smith Charitable Foundation's EIN (Employer Identification Number) is 26-4442351. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ray and June Smith Charitable Foundation'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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