The Erma and Owen Smith Foundation

Private foundation · Grantmaker New York, NY EIN: 45-3641366

The Erma and Owen Smith Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $188K in total assets. In 2025, it awarded 1 grant totaling $20K. Net investment income was $13K.

Key facts about The Erma and Owen Smith Foundation

In short: The Erma and Owen Smith Foundation gave $20K across 1 grant in 2025 (avg $20K), mostly in California. Source: 2025 IRS Form 990-PF.

EIN
45-3641366
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$20,000
Grants made (2025)
1
Average grant
$20,000
Median grant
$20,000
Total assets
$187,727
Primary geography
California (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$188K

-4.3% YoY

Annual Giving

$20K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$20K

+0.0% YoY

Under IRS private-foundation payout rules, The Erma and Owen Smith Foundation reported a distributable amount of $12K for 2025 — the minimum it must pay out in qualifying distributions.

How The Erma and Owen Smith Foundation gives

  • Giving fell 67% from 2022 to 2025. Method
  • In 2025 it paid out 183% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Castro ValleySan Francisco

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2020 2 grants2021 2 grants2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $15K (2020) to $60K (2022). In 2025 it made 1 grant totaling $20K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Castro Valley Unified School District: $20KCastro Valley Unified SchoolDistrict$20K

The largest 2025 recipient was Castro Valley Unified School District ($20K).

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Castro Valley Unified School District Castro Valley, CAGeneral Support$20,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$187,727$196,225$193,877
Revenue$14,657$25,263$22,785
Expenses$23,155$22,917$22,857
Qualifying Distributions$21,875$21,775$21,775
Net Investment Income$13,377$4,319$3,397
Distributable Amount$11,966$11,320$9,761

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 2, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Erma and Owen Smith Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Chere Villines

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Erma Smith

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kelly Smith Cole

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Erma and Owen Smith Foundation

How much does The Erma and Owen Smith Foundation give each year?

The Erma and Owen Smith Foundation gave $20K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 1 grant.

How large is The Erma and Owen Smith Foundation?

The Erma and Owen Smith Foundation reported $188K in total assets on its 2025 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).

Where does The Erma and Owen Smith Foundation operate?

The Erma and Owen Smith Foundation has awarded grants in California.

What is The Erma and Owen Smith Foundation's EIN?

The Erma and Owen Smith Foundation's EIN (Employer Identification Number) is 45-3641366. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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