Smith Foundation - Trustee

ORLANDO, FL EIN: 90-0587749

Smith Foundation - Trustee, formerly known as the Edward P. and Mary Klein Smith Charitable Trust, is a private charitable foundation based in Orlando, Florida. The foundation operates as a 501(c)(3) private foundation with a single employee and is administered by Truist Bank as corporate trustee. The foundation was reorganized and adopted its current name in November 2023, when it received its IRS ruling.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.4M

+0.6% YoY

Annual Giving

$812K

-20.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$30K

-20.8% YoY

Under IRS private-foundation payout rules, Smith Foundation - Trustee reported a distributable amount of $973K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

Primary funding focus areas include:

Education
Philanthropy, Voluntarism & Grantmaking
Health Care

Grantmaking

The foundation operates without a public application process. Grants are made at trustee discretion according to the terms of the original trust document established by Edward P. and Mary Klein Smith.

Grant Range

approximately $33,000

Average Grant

approximately $33,000

How to Apply

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Geographic Focus

Where this funder awards grants

Primary funding regions:

Kentucky
Texas
Ohio

Secondary funding regions:

California
Connecticut
Illinois
North Carolina

Grant Distribution by State

Kentucky $3.5M (80%)

California $215K (5%)

North Carolina $215K (5%)

Illinois $172K (4%)

Ohio $103K (2%)

Texas $86K (2%)

Connecticut $86K (2%)

States

California Connecticut Illinois Kentucky North Carolina Ohio Texas

Cities

BereaCharlotteChicagoCincinnatiCovingtonDanburyEdgewoodErlangerFlorenceFort MitchellFt MitchellGarden GroveHebronIrvingLexingtonLouisvilleMasonic HomeUnionWaltonWilliamsburg

Financial History

Multi-year comparison from IRS filings

As of 2024:

Total assets: $12,439,218
Total revenues: $1,007,251
Total expenses: $952,099
Total giving: $812,047

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,439,218	$12,365,155	$13,106,523
Revenue	$1,007,251	$327,274	$887,857
Expenses	$952,099	$1,196,515	$994,873
Qualifying Distributions	$881,685	$1,091,747	$914,618
Net Investment Income	$938,754	$324,513	$807,072
Distributable Amount	$972,552	$994,047	$910,999

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

133 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Louisville ($81,005), University of the Cumberlands ($81,005), University of Kentucky ($81,005).

Recipient	Purpose	Amount
ALZHEIMER'S ASSOCIATION CHICAGO, IL	GENERAL OPERATING	$32,402
GIDEONS OF NORTHERN KENTUCKY FLORENCE, KY	GENERAL OPERATING	$16,201
RYLE HIGH SCHOOL UNION, KY	GENERAL OPERATING	$16,201
ST ELIZABETH HEALTHCARE EDGEWOOD, KY	GENERAL OPERATING	$16,201
ST ELIZABETH MEDICAL CENTER INC FLORENCE, KY	GENERAL OPERATING	$24,302
THE SALVATION ARMY COVINGTON, KY	GENERAL OPERATING	$16,201
GUIDEPOSTS FOUNDATION DANBURY, CT	GENERAL OPERATING	$16,201
CHILDREN'S HOME OF NORTHERN KY COVINGTON, KY	GENERAL OPERATING	$56,704
UNIVERSITY OF LOUISVILLE LOUISVILLE, KY	GENERAL OPERATING	$81,005
RICHWOOD PRESBYTERIAN CHURCH WALTON, KY	GENERAL OPERATING	$16,201

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Contact Information

Mailing Address: PO Box 919798, Orlando, FL 32891-9798
Corporate Trustee: Truist Bank (formerly SunTrust Bank)
General Truist Philanthropic Solutions Contact: sofia.b.aun@truist.com
Email: Not publicly available
Phone: Not publicly available
Website: None identified

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Smith Foundation - Trustee fund?

The charitable trust was established to provide donations of cash to various charitable organizations designated by the donors. The foundation's interest, dividends, and capital gains are used to make annual donations. Primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Health Care

How do I apply for a grant from Smith Foundation - Trustee?

**Grant Distribution:** • Annual giving: $812,000–$882,000 • Number of grants per year: 25–27 grants • Average grant size: approximately $33,000 • Typical grant range: $16,000–$175,000 **Application Process:** The foundation operates without a public application process. Grants are made at trustee discretion according to the terms of the original trust document established by Edward P. and Mary Klein Smith. **Recent Grantees (2024):** • University of the Cumberlands: $81,005 • Redwood School an…

Where does Smith Foundation - Trustee make grants?

Primary funding regions: • Kentucky • Texas • Ohio Secondary funding regions: • California • Connecticut • Illinois • North Carolina

What size grants does Smith Foundation - Trustee award?

In 2024, Smith Foundation - Trustee awarded 27 grants totaling $812K — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is Smith Foundation - Trustee required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Smith Foundation - Trustee reported a distributable amount of $973K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.