Russell H & Maxine E Smith Charitable
Russell H & Maxine E Smith Charitable is a private foundation, based in BAY CITY, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 9 grants totaling $120K. Net investment income was $123K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
-0.2% YoY
Annual Giving
$120K
-11.2% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$13K
-1.3% YoY
Under IRS private-foundation payout rules, Russell H & Maxine E Smith Charitable reported a distributable amount of $133K for 2024 — the minimum it must pay out in qualifying distributions.
About Russell H & Maxine E Smith Charitable
Based on IRS filings
Russell H & Maxine E Smith Charitable is a private foundation, based in BAY CITY, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 9 grants totaling $120K. Net investment income was $123K.
Ready to take the next step with Russell H & Maxine E Smith Charitable?
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 | $2,053,207 | $2,058,104 | $2,079,377 |
| Revenue | $141,574 | $136,641 | $150,203 |
| Expenses | $146,471 | $157,914 | $202,640 |
| Qualifying Distributions | $126,194 | $139,348 | $182,852 |
| Net Investment Income | $123,007 | $119,739 | $132,258 |
| Distributable Amount | $132,528 | $122,273 | $127,627 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hidden Harvest ($25,000), Linwood Civic Improvement Club Inc ($20,000), Great Lakes Bay Health Centers ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BAY AREA COMMUNITY FOUNDATION BAY CITY, MI | SCHOLARSHIP ENDOWMENT | $10,000 |
| GOOD SAMARITAN RESCUE MISSION BAY CITY, MI | LABADIE LOFTS | $10,000 |
| LINWOOD CIVIC IMPROVEMENT CLUB INC LINWOOD, MI | LINWOOD SCENIC ACCESS SITE IMPROVEMENTS | $20,000 |
| UNITED WE GO BAY CITY, MI | 2024 CITY OF MURALS COMMUNITY FESTIVAL | $6,000 |
| SELF LOVE BEAUTY DBA LEAD MIDLAND, MI | EMPOWERING BAY COUNTY TEENS PROGRAM | $10,000 |
| GREAT LAKES BAY HEALTH CENTERS BAY CITY, MI | MOBILE DENTAL AND VISION PROGRAM | $15,000 |
| FRIENDS OF THE HISTORIC MASONIC TEMPLE BAY CITY, MI | GRANT FOR RESTORATION AND REPAIR | $8,500 |
| HIDDEN HARVEST SAGINAW, MI | HUNGER SOLUTION CENTER EXPANSION PROJECT | $25,000 |
| THE JEFFERSON PROJECT BAY CITY, MI | SCULPTURE PARK AND GARDEN | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOMINIC MONASTIERE | TTEE/PRESIDENT | — | — |
| JEAN MANNING | TTEE/V-P | — | — |
| THOMAS H TABOR | TTEE/SECRETARY | — | — |
| HEATHER GALLEGOS | TTEE | — | — |
| G MATTHEW JEFFREY | TTEE | — | — |
| BARBARA ENGELHARDT-CARTER | TTEE/TREASURER | — | — |
Frequently Asked Questions
How large is Russell H & Maxine E Smith Charitable?
As of 2024, Russell H & Maxine E Smith Charitable holds $2.1M in total assets with $142K in annual revenue. It awarded 9 grants totaling $120K in 2024.
Where does Russell H & Maxine E Smith Charitable operate?
Russell H & Maxine E Smith Charitable has awarded grants in Michigan.
What size grants does Russell H & Maxine E Smith Charitable award?
In 2024, Russell H & Maxine E Smith Charitable awarded 9 grants totaling $120K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Russell H & Maxine E Smith Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Russell H & Maxine E Smith Charitable reported a distributable amount of $133K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Russell H & Maxine E Smith Charitable's EIN?
Russell H & Maxine E Smith Charitable's EIN (Employer Identification Number) is 38-2978504. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Russell H & Maxine E Smith Charitable's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Bay Area Community Foundation
BAY CITY, MI
Assets
$63.9M
Grants
59
Total Given
$1.1M
The Kantzler Foundation
BAY CITY, MI
Assets
$6.1M
Grants
7
Total Given
$337K
Gougeon Employees Foundation
BAY CITY, MI
Assets
$193K
Grants
70
Total Given
$120K
Midland Area Community Foundation
MIDLAND, MI
Assets
$138.8M
Grants
116
Total Given
$6.0M
Consumers Energy Foundation
JACKSON, MI
Assets
$67.1M
Grants
296
Total Given
$7.5M
Bierlein Companies Foundation
MIDLAND, MI
Assets
$5.2M
Grants
108
Total Given
$250K
Saginaw Community Foundation
SAGINAW, MI
Assets
$105.7M
Grants
71
Total Given
$1.9M
Allison K Short Foundation
BAY CITY, MI
Assets
$1.2M
Grants
11
Total Given
$53K
Dow Company Foundation
MIDLAND, MI
Assets
$250.1M
Grants
221
Total Given
$19.6M
Harry a and Margaret D Towsley
ANN ARBOR, MI
Assets
—
Grants
103
Total Given
$3.6M
Nickless Family Charitable
SAGINAW, MI
Assets
—
Grants
32
Total Given
$641K
Richard Barton Law Memorial Trust
BAY CITY, MI
Assets
—
Grants
24
Total Given
$40K
More Funders in Michigan
Data last updated April 2026. Sourced from IRS Form 990-PF filings.