Smith Family Foundation Inc

Foundation · Grantmaker Hamilton, NJ EIN: 32-0637996

Smith Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hamilton, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 25 grants totaling $220K. Net investment income was $385K.

Key facts about Smith Family Foundation Inc

EIN: 32-0637996
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $220,000
Grants made (2024): 25
Average grant: $8,800
Median grant: $5,000
New grantees (estimate): 20% first-time grantees (5 of 25, 2024)
Total assets: $4,536,569
Primary geography: New Jersey (58% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Smith Family Foundation Inc funds

By grant dollars, the top recipient states for Smith Family Foundation Inc's 25 itemized 2024 grants were New Jersey (58%), District of Columbia (11%) and Pennsylvania (11%). The most frequent recipient cities were Princeton, NJ (5 grants), McLean, VA (3 grants), Washington, DC (2 grants) and Villanova, PA (2 grants). None of its 25 grants with a stated purpose were described as general or operating support. Recurring purposes include "For Charitable Purpose" (25 grants).

Is Smith Family Foundation Inc open to new grantees?

20%

first-time grantees, 2024

In 2024, 5 of 25 grantees (20%) were first-time recipients. First grants averaged $5K; repeat grants $10K. How we count

Medians: $5K first-time, $5K repeat.

72% of 2024 grantees were also funded in 2023. Method
Giving held roughly steady from 2021 to 2024 (−8%). Method
In 2024 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Smith Family Foundation Inc

How to evaluate Smith Family Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Smith Family Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.5M

+3.7% YoY

Annual Giving

$220K

-3.5% YoY

Grant Count

+25.0% YoY

Avg Grant Size

$9K

-22.8% YoY

Under IRS private-foundation payout rules, Smith Family Foundation Inc reported a distributable amount of $242K for 2024 — the minimum it must pay out in qualifying distributions.

About Smith Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Your AI grants department

Ready to take the next step with Smith Family Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $128K (58%)

District of Columbia $25K (11%)

Pennsylvania $24K (11%)

Virginia $14K (6%)

New Hampshire $10K (5%)

All other $20K (9%)

Share of all 25 itemized 2024 grant dollars.

States

Connecticut District of Columbia Florida Maryland New Hampshire New Jersey Pennsylvania Virginia

Cities

PrincetonWashingtonMcleanPhiladelphiaVillanovaHanoverLawrencevilleLewisburgMorristownAnnapolisPlainsboro TwpAmblerDevonWest Palm BeachBrigantineHartfordPlainsboroPort TobaccoWynnewood

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,536,569	$4,375,091	$4,392,590
Revenue	$422,522	$246,361	$165,701
Expenses	$261,044	$263,860	$259,344
Qualifying Distributions	$220,000	$228,000	$230,500
Net Investment Income	$384,652	$240,978	$144,904
Distributable Amount	$241,563	$220,554	$220,636

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2021–2024

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

84 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Community Foundation of NJ ($77,500), Princeton Medical Center Foundation ($20,000), Institute for the Study of War ($15,000).

Recipient	Purpose	Amount
Community Foundation of NJ Morristown, NJ	For Charitable Purpose	$77,500
Princeton Medical Center Foundation Plainsboro Twp, NJ	For Charitable Purpose	$20,000
Institute for the Study of War Washington, DC	For Charitable Purpose	$15,000
Trustees of the Lawrenceville Schoo Lawrenceville, NJ	For Charitable Purpose	$12,500
St Luke Catholic School McLean, VA	For Charitable Purpose	$10,500
Dartmouth College Hanover, NH	For Charitable Purpose	$10,000
Victims of Communism Memorial Found Washington, DC	For Charitable Purpose	$10,000
Trinity College Hartford, CT	For Charitable Purpose	$10,000
Princeton Day School Princeton, NJ	For Charitable Purpose	$5,000
Naval Academy Foundation Annapolis, MD	For Charitable Purpose	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Donald V Smith	President	8	—
Maureen Smith	Secretary	4	—
Colleen Smith	Vice President	4	—
Meghan Harrison	Vice President	4	—
Brian Smith	Treasurer	4	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Smith Family Foundation Inc?

Smith Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hamilton, NJ. It holds $4.5M in total assets as of 2024.

How large is Smith Family Foundation Inc?

As of 2024, Smith Family Foundation Inc holds $4.5M in total assets with $423K in annual revenue. It awarded 25 grants totaling $220K in 2024.

Where does Smith Family Foundation Inc operate?

Smith Family Foundation Inc has awarded grants in Connecticut, District of Columbia, Florida, Maryland, New Hampshire, New Jersey, Pennsylvania, Virginia.

What size grants does Smith Family Foundation Inc award?

In 2024, Smith Family Foundation Inc awarded 25 grants totaling $220K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Smith Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Smith Family Foundation Inc reported a distributable amount of $242K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.