Smart Family Foundation of New York
The Smart Family Foundation of New York is a private philanthropic foundation based in New Rochelle, New York. The foundation operates as a 501(c)(3) organization and maintains a national grantmaking presence, supporting charitable initiatives across multiple states and regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$49.8M
-0.0% YoY
Annual Giving
$3.1M
+7.3% YoY
Grant Count
82
+5.1% YoY
Avg Grant Size
$38K
+2.0% YoY
Under IRS private-foundation payout rules, Smart Family Foundation of New York reported a distributable amount of $3.4M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation is primarily interested in education projects, with particular focus on initiatives that affect primary and secondary school children.
Grantmaking
The foundation makes contributions to preselected charitable organizations. Recent grantmaking activity shows:
Grant Range
** $25,000
Average Grant
** $37,000
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Geographic Focus
Where this funder awards grants
The foundation funds initiatives across multiple U.S. states and cities, including major urban centers such as New York, Chicago, and San Francisco, as well as smaller communities. Primary funding regions include:
- New York
- Connecticut
- New Jersey
- California
- Florida
- Illinois
- Texas
- Maryland
- Massachusetts
- Pennsylvania
- Oregon
Approximately 87% of all grants support organizations in New York, Connecticut, and New Jersey, though grantmaking reaches organizations across 11 states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total assets: $49.8 million
- Annual expenses: Approximately $3.67 million
- Annual revenue: Approximately $3.53 million
- Annual income (alternative reporting): $15.5 million
- IRS ruling year: 2016
- Tax deductibility: Contributions are tax-deductible
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $49,794,874 | $49,795,706 | $49,933,888 |
| Revenue | $4,037,042 | $3,534,285 | $2,921,384 |
| Expenses | $3,995,676 | $3,672,467 | $3,494,450 |
| Qualifying Distributions | $3,526,140 | $3,272,672 | $3,088,754 |
| Net Investment Income | $3,608,280 | $3,189,490 | $2,515,203 |
| Distributable Amount | $3,403,691 | $3,079,491 | $3,137,696 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New Jersey Performing Arts Center ($125,000), Folksbeine Yiddish Theatre Inc ($100,000), New Jersey Performing Arts Center ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AEOLIAN CHAMBER PLAYERS INC NEW YORK, NY | BACH VIRTUOSI FESTIVAL AND BACH VIRTUOSI FESTIVAL MAINE | $50,000 |
| AMERICAN ACADEMY IN BERLIN NEW YORK, NY | GENERAL SUPPORT | $10,000 |
| AMERICAN JEWISH COMMITTEE NEW YORK, NY | GENERAL OPERATING SUPPORT | $50,000 |
| AMERICANS FOR BEN-GURION UNIVERSITY INC NEW YORK, NY | FUND PROF SHOSH ARAD'S SULFATED POLYSACCHARIDES OF RED MICROALGAE-BIOTECHNOLOGY | $50,000 |
| ARTISIDES DESOUSA MENDES FOUNDATION US GREENLAWN, NY | SEYMON PINKHASOV FILM "THE HAGGADAHOF SARAJEVO" | $25,000 |
| ASPEN CENTER FOR PHYSICS ASPEN, CO | GENERAL OPERATING FUND | $20,000 |
| AT HOME ON THE SOUND INC MAMARONECK, NY | EXPAND PROGRAMS | $10,000 |
| BETH EL SYNAGOGUE CENTER NEW ROCHELLE, NY | PROGRAMMING FOR THE SENIOR POPULATION | $25,000 |
| CHAMELEON ARTS ENSEMBLE OF BOSTON INC BOSTON, MA | 2024-2024 SEASON PROGRAMS | $25,000 |
| CHATHAM DAY SCHOOL INC CHATHAM, NJ | TOGETHER WE PLAY CAPITAL CAMPAIGN | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Mary Smart — Chair, Secretary, and Director (compensation: $112,500 for 15 hours per week)
- David Stone — President, Treasurer, and Director (compensation: $112,500 for 15 hours per week)
- Jim Danatos — Director (compensation: $27,500 for 5 hours per week)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY SMART | CHAIR,SECRETARY AND DIRECT | 15 | $112,500 |
| DAVID STONE | PRESIDENT,TREASURER AND DI | 15 | $112,500 |
| JIM DANATOS | DIRECTOR | 5 | $27,500 |
Contact Information
- Address: 1333A North Avenue, No. 432, New Rochelle, NY 10804
- Phone: (914) 632-2762
- Fax: (203) 834-0412
- EIN: 06-1232323 (also listed as 81-3395492 in some records)
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Smart Family Foundation of New York fund?
The foundation is primarily interested in education projects, with particular focus on initiatives that affect primary and secondary school children.
How do I apply for a grant from Smart Family Foundation of New York?
The foundation makes contributions to preselected charitable organizations. Recent grantmaking activity shows: • **Total grants (recent period):** 226 grants totaling $8.5 million • **Median grant size:** $25,000 • **Average grant size:** $37,000 • **Grant range:** $5,000 to $175,000 • **Annual giving trend:** $5.5 million in 2022; $2.9 million in 2023 • **Unique organizations supported:** 99 organizations • **Application status:** Open to new applicants
Where does Smart Family Foundation of New York make grants?
The foundation funds initiatives across multiple U.S. states and cities, including major urban centers such as New York, Chicago, and San Francisco, as well as smaller communities. Primary funding regions include: • New York • Connecticut • New Jersey • California • Florida • Illinois • Texas • Maryland • Massachusetts • Pennsylvania • Oregon Approximately 87% of all grants support organizations in New York, Connecticut, and New Jersey, though grantmaking reaches organizations across 11 states.
What size grants does Smart Family Foundation of New York award?
In 2024, Smart Family Foundation of New York awarded 82 grants totaling $3.1M — an average of about $38K per grant, based on its IRS Form 990 filings.
How much is Smart Family Foundation of New York required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Smart Family Foundation of New York reported a distributable amount of $3.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Smart Family Foundation of New York's EIN?
Smart Family Foundation of New York's EIN (Employer Identification Number) is 81-3395492. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Smart Family Foundation of New York's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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