The Flying Horse Foundation

Private foundation · Grantmaker Colorado Springs, CO EIN: 82-4061560

The Flying Horse Foundation is a private foundation focused on Human Services, based in Colorado Springs, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.7M in total assets. In 2024, it awarded 1 grant totaling $18K. Net investment income was $50K.

The Flying Horse Foundation at a glance

In short: The Flying Horse Foundation gave $18K across 1 grant in 2024 (avg $18K), mostly in Colorado. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$17,749
Grants made (2024)
1
Average grant
$17,749
Median grant
$17,749
Total assets
$12,654,361
+17.6% vs 2023
Primary geography
Colorado (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Flying Horse Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Focus on the Family: $18KFocus on the Family$18K

The largest 2024 recipient was Focus on the Family ($18K).

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 11 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Colorado Springs

How The Flying Horse Foundation gives

  • Giving fell 63% from 2021 to 2024. Method
  • In 2024 it paid out 242% of its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2020 9 grants2021 0 grants2022 0 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $18K (2024) to $48K (2021). In 2024 it made 1 grant totaling $18K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Focus on the Family Colorado Springs, COGeneral support$17,749
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$12,654,361$3,575,400$2,005,417$17,7491$861,516$49,610$356,430
2023$10,759,919$4,269,618$1,585,563——$573,916—$348,757
2022$8,087,042$2,266,717$1,331,087——$519,751—$357,704
2021$7,032,074$8,290,420$1,362,238$47,7319$47,731—$166,205
2020$100,914$675,072$680,976$25,0001——$1,075

Under IRS private-foundation payout rules, The Flying Horse Foundation reported a distributable amount of $356K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Flying Horse Foundation is led by Jeffrey B Smith, Chair & President on every filing since 2020; none of the 10 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jeffrey B Smith

    Chair & President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Cindy Smith

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Alyssandra Huffman

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jacob Smith

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Marlene Green

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Maxwell Smith

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Katherine Doyal

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Patty Winter

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Gregory Gandy

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Matt Schmidt

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (4)
  • Former: David Wismer (2020–2022) — Director
  • Former: Patty Smith (2020–2022) — Director
  • Former: Katherine Smith (2022) — Director
  • Former: Jim Hinkle (2020–2021) — Vice President

Data from IRS Form 990 filings, 2020–2024. "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 Flying Horse Foundation

How much does The Flying Horse Foundation give each year?

The Flying Horse Foundation gave $18K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.

How large is The Flying Horse Foundation?

The Flying Horse Foundation reported $12.7M in total assets on its 2024 IRS Form 990-PF. It paid out $862K in qualifying distributions that year, against a required minimum of $356K (roughly 5% of its investment assets).

What is The Flying Horse Foundation?

The Flying Horse Foundation is a private foundation focused on Human Services, based in Colorado Springs, CO. It holds $12.7M in total assets as of 2024.

Where does The Flying Horse Foundation operate?

The Flying Horse Foundation has awarded grants in Colorado.

What is The Flying Horse Foundation's EIN?

The Flying Horse Foundation's EIN (Employer Identification Number) is 82-4061560. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Flying Horse Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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