Richard and Theresa Smith Memorial FD
Richard and Theresa Smith Memorial FD is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $907K in total assets. In 2025, it awarded 2 grants totaling $53K. Net investment income was $45K.
Richard and Theresa Smith Memorial FD at a glance
In short: Richard and Theresa Smith Memorial FD gave $53K across 2 grants in 2025 (avg $27K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $53,384
- +10.9% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $26,692
- +10.9% vs 2024
- Median grant
- $26,692
- Total assets
- $907,064
- -1.7% vs 2024
- Primary geography
- New York (50% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Richard and Theresa Smith Memorial FD funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Damon Runyon-Cancer Research Foundation ($27K). Together the top 2 received $53K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Richard and Theresa Smith Memorial FD gives
- Giving held roughly steady from 2022 to 2025 (−12%). Method
- In 2025 it paid out 95% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $44K (2021) to $61K (2022). In 2025 it made 2 grants totaling $53K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Damon Runyon-Cancer Research Foundation New York, NY | General | $26,692 |
| American Heart Association St Petersburg, FL | General | $26,692 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $907,064 | $58,654 | $74,657 | $53,384 | 2 | $60,813 | $45,069 | $64,238 |
| 2024 | $923,092 | $46,731 | $69,048 | $48,128 | 2 | $55,133 | $33,851 | $60,388 |
| 2023 | $949,897 | $66,015 | $68,379 | $50,382 | 2 | $56,725 | $49,122 | $54,471 |
| 2022 | $952,072 | $22,059 | $81,701 | $60,979 | 2 | $67,650 | $23,813 | $62,927 |
| 2021 | $1,006,111 | $93,440 | $65,416 | $43,580 | 2 | $50,890 | $78,804 | $62,416 |
| 2020 | $977,848 | $50,887 | $75,485 | $49,750 | 2 | — | $38,827 | $56,127 |
Under IRS private-foundation payout rules, Richard and Theresa Smith Memorial FD reported a distributable amount of $64K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Richard and Theresa Smith Memorial FD's only listed officer is Jpmorgan Chase Bank NA, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
Jpmorgan Chase Bank NA
Trustee
On filings since 2021
2 hrs/week
$20K (2021) → $20K (2025)
Former officers (1)
- Former: JP Morgan Chase Bank NA (2020) — Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $20K, to JPMorgan Chase Bank NA (Trustee).
Frequently asked questions about Richard and Theresa Smith Memorial FD
How much does Richard and Theresa Smith Memorial FD give each year?
Richard and Theresa Smith Memorial FD gave $53K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $48K across 2 grants.
How large is Richard and Theresa Smith Memorial FD?
Richard and Theresa Smith Memorial FD reported $907K in total assets on its 2025 IRS Form 990-PF. It paid out $61K in qualifying distributions that year, against a required minimum of $64K (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.
Where does Richard and Theresa Smith Memorial FD operate?
Richard and Theresa Smith Memorial FD has awarded grants in Florida, New York.
What is Richard and Theresa Smith Memorial FD's EIN?
Richard and Theresa Smith Memorial FD's EIN (Employer Identification Number) is 26-6154934. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 22, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 29, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
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