Smith-prochaska Charitable Foundation

Foundation · Grantmaker HUDSON, OH EIN: 34-1577260

Smith-prochaska Charitable Foundation is a private foundation, based in HUDSON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $54K in total assets. In 2024, it awarded 4 grants totaling $7K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$54K

-7.2% YoY

Annual Giving

$7K

+42.0% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$2K

-29.0% YoY

Under IRS private-foundation payout rules, Smith-prochaska Charitable Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Smith-prochaska Charitable Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $14K (43%)

Georgia $12K (36%)

Michigan $7K (21%)

States

Georgia Michigan Ohio

Cities

AmericusClevelandMentorYpsilanti

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$53,745	$57,901	$63,474
Revenue	$5,215	$2,074	$1,625
Expenses	$8,460	$7,067	$7,700
Qualifying Distributions	$7,100	$5,000	$6,000
Net Investment Income	$5,215	$2,074	$1,499
Distributable Amount	$3,075	$3,206	$3,601

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Koinonia Partners ($2,500), Recovery Resources ($2,000), Music Alliance ($2,000).

Recipient	Purpose	Amount
KOINONIA PARTNERS AMERICUS, GA	SUPPORT OF CHARITABLE FUNCTION	$2,500
ED KEATING CENTER CLEVELAND, OH	SUPPORT OF CHARITABLE FUNCTION	$600
RECOVERY RESOURCES CLEVELAND, OH	SUPPORT OF CHARITABLE FUNCTION	$2,000
MUSIC ALLIANCE MENTOR, OH	SUPPORT OF CHARITABLE FUNCTION	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CAROLE P SMITH	PRESIDENT	—	—
KATIE OTOOLE SMITH	VICE PRESIDENT	—	—
JOHN SARROUGH	SECRETARY	—	—
THOMAS C SMITH	ADVISOR	—	—

Frequently Asked Questions

How large is Smith-prochaska Charitable Foundation?

As of 2024, Smith-prochaska Charitable Foundation holds $54K in total assets with $5K in annual revenue. It awarded 4 grants totaling $7K in 2024.

Where does Smith-prochaska Charitable Foundation operate?

Smith-prochaska Charitable Foundation has awarded grants in Georgia, Michigan, Ohio.

What size grants does Smith-prochaska Charitable Foundation award?

In 2024, Smith-prochaska Charitable Foundation awarded 4 grants totaling $7K — an average of about $2K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Smith-prochaska Charitable Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Smith-prochaska Charitable Foundation's EIN?

Smith-prochaska Charitable Foundation's EIN (Employer Identification Number) is 34-1577260. IRS Form 990 filing data is available on this page for 2020–2024.