Ryan and Ashley Smith Foundation

SALT LAKE CITY, UT EIN: 84-1918005

The Ryan and Ashley Smith Foundation is a private family foundation established in 2019 and based in Salt Lake City, Utah. Operating as a 501(c)(3) organization, the foundation functions as a private independent foundation focused on strategic philanthropy through trustee-directed giving. The foundation has quickly established itself as a significant philanthropic force since its inception.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$67.9M

-5.1% YoY

Annual Giving

$5.2M

-2.3% YoY

Grant Count

-16.7% YoY

Avg Grant Size

$1.0M

+17.2% YoY

Under IRS private-foundation payout rules, Ryan and Ashley Smith Foundation reported a distributable amount of $3.9M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation does not operate formal grant programs or maintain a public application process. Instead, it makes substantial discretionary grants determined by trustee decision-making.

Grant Range

$100,000 to $5,000,000

Grant Types

General unrestricted grants and major strategic initiatives

How to Apply

. Instead, it makes substantial discretionary grants determined by trustee decision-making.

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Geographic Focus

Where this funder awards grants

The foundation maintains a national geographic focus with particular emphasis on Utah.

Grant Distribution by State

Utah $20.8M (95%)

Virginia $600K (3%)

California $230K (1%)

Georgia $150K (1%)

States

California Florida Georgia New York Utah Virginia

Cities

AlbanyAtlantaBeverly HillsCharlottesvilleHenricoJacksonvilleMidvaleOremPebble BeachProvoSalt Lake CitySandySouth JordanSouth Salt LakeWest Valley City

Financial History

Multi-year comparison from IRS filings

As of 2023:

Total assets: $71.6 million
Total revenues: $1.11 million
Total expenses: $5.57 million
Total liabilities: $0
Number of employees: 0

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$67,903,762	$71,551,460	$75,879,266
Revenue	$2,153,622	$1,112,151	$11,669,968
Expenses	$5,424,831	$5,565,549	$6,633,778
Qualifying Distributions	$5,204,345	$5,329,116	$6,479,030
Net Investment Income	$2,145,065	$1,926,332	$11,517,068
Distributable Amount	$3,936,463	$4,046,404	$4,165,001

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

72 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Five for the Fight Foundation ($5,000,000), The Will Hardy Foundation ($100,000), The Discovery Land Company Foundation ($80,000).

Recipient	Purpose	Amount
ACADEMY FOR CHILD ADVOCACY PROVO, UT	GENERAL UNRESTRICTED	$10,000
BALLET WEST SALT LAKE CITY, UT	GENERAL UNRESTRICTED	$5,000
FIVE FOR THE FIGHT FOUNDATION PROVO, UT	GENERAL UNRESTRICTED	$5,000,000
THE DISCOVERY LAND COMPANY FOUNDATION BEVERLY HILLS, CA	GENERAL UNRESTRICTED	$80,000
THE WILL HARDY FOUNDATION HENRICO, VA	GENERAL UNRESTRICTED	$100,000

Leadership & Key People

Leadership team and compensation from IRS filings

Ryan Smith serves as President of the foundation (as of 2024).

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RYAN SMITH	TRUSTEE	5	—
ASHLEY SMITH	TRUSTEE	5	—

Recent News & Activity

Recent developments and announcements

2022

In November 2022, the Ryan and Ashley Smith Foundation announced a $20 million donation to Primary Children's Hospital to support pediatric cancer research. This major gift represents one of the foundation's most significant philanthropic commitments to date.

Ryan and Ashley Smith Foundation Gives $20 Million to Support Pediatric Cancer

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

How do I apply for a grant from Ryan and Ashley Smith Foundation?

The foundation does not operate formal grant programs or maintain a public application process. Instead, it makes substantial discretionary grants determined by trustee decision-making. **Grant Characteristics:** • Grant range: $100,000 to $5,000,000 • Annual giving: Approximately $5.5 million • Grant types: General unrestricted grants and major strategic initiatives **Recent Grants (2023):** • Five for the Fight Foundation: $5,000,000 • Pebble Beach Company Foundation: $150,000 • University of…

Where does Ryan and Ashley Smith Foundation make grants?

The foundation maintains a national geographic focus with particular emphasis on Utah.

What size grants does Ryan and Ashley Smith Foundation award?

In 2024, Ryan and Ashley Smith Foundation awarded 5 grants totaling $5.2M — an average of about $1.0M per grant, based on its IRS Form 990 filings.

How much is Ryan and Ashley Smith Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ryan and Ashley Smith Foundation reported a distributable amount of $3.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ryan and Ashley Smith Foundation's EIN?

Ryan and Ashley Smith Foundation's EIN (Employer Identification Number) is 84-1918005. IRS Form 990 filing data is available on this page for 2020–2024.