Robert L Smith Jr Memorial Education Fund
Robert L Smith Jr Memorial Education Fund is a private foundation, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $50K in total assets. In 2024, it awarded 4 grants totaling $4K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$50K
-6.3% YoY
Annual Giving
$4K
-5.3% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$1K
-29.0% YoY
Under IRS private-foundation payout rules, Robert L Smith Jr Memorial Education Fund reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Robert L Smith Jr Memorial Education Fund
Based on IRS filings
Robert L Smith Jr Memorial Education Fund is a private foundation, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $50K in total assets. In 2024, it awarded 4 grants totaling $4K. Net investment income was $2K.
Ready to take the next step with Robert L Smith Jr Memorial Education Fund?
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 | $50,120 | $53,492 | $55,625 |
| Revenue | $2,714 | $2,684 | $2,373 |
| Expenses | $6,086 | $4,817 | $7,880 |
| Qualifying Distributions | $4,475 | $4,725 | $7,430 |
| Net Investment Income | $1,853 | $2,592 | $1,923 |
| Distributable Amount | $4,393 | $3,894 | $4,659 |
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
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rebecca Davenport ($1,325), Kyle Elizabeth Burnette ($1,325), Annaelxa MarieJose Ponce-Castello ($1,325).
| Recipient | Purpose | Amount |
|---|---|---|
| Rebecca Davenport Farmville, NC | Educationa | $1,325 |
| Kyle Elizabeth Burnette Fountain, NC | Education | $1,325 |
| Annaelxa MarieJose Ponce-Castello Farmville, NC | Education | $1,325 |
| Avery Johnson Farmville, NC | Education | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BUXTON S COPELAND | TRUSTEE | 0.2 | — |
| BILL DAVIS | COMMITTEE MEMBER | 0.06 | — |
| CARL W BLACKWOOD | COMMITTEE MEMBER | 0.2 | — |
| BILL BASS | COMMITTEE MEMBER | 0.06 | — |
Frequently Asked Questions
How large is Robert L Smith Jr Memorial Education Fund?
As of 2024, Robert L Smith Jr Memorial Education Fund holds $50K in total assets with $3K in annual revenue. It awarded 4 grants totaling $4K in 2024.
Where does Robert L Smith Jr Memorial Education Fund operate?
Robert L Smith Jr Memorial Education Fund has awarded grants in North Carolina.
What size grants does Robert L Smith Jr Memorial Education Fund award?
In 2024, Robert L Smith Jr Memorial Education Fund awarded 4 grants totaling $4K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Robert L Smith Jr Memorial Education Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Robert L Smith Jr Memorial Education Fund reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Robert L Smith Jr Memorial Education Fund's EIN?
Robert L Smith Jr Memorial Education Fund's EIN (Employer Identification Number) is 56-1709175. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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