The Horace Smith Fund
The Horace Smith Fund is a private foundation, based in WESTFIELD, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $6.9M in total assets. In 2025, it awarded 2 grants totaling $301K. Net investment income was $558K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$6.9M
+1.3% YoY
Annual Giving
$301K
-0.8% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$150K
-0.8% YoY
Under IRS private-foundation payout rules, The Horace Smith Fund reported a distributable amount of $377K for 2025 — the minimum it must pay out in qualifying distributions.
About The Horace Smith Fund
Based on IRS filings
The Horace Smith Fund is a private foundation, based in WESTFIELD, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $6.9M in total assets. In 2025, it awarded 2 grants totaling $301K. Net investment income was $558K.
Ready to take the next step with The Horace Smith Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $6,907,342 | $6,815,464 | $6,959,364 |
| Revenue | $631,413 | $390,651 | $-220,767 |
| Expenses | $545,736 | $535,269 | $534,808 |
| Qualifying Distributions | $450,015 | $446,795 | $449,306 |
| Net Investment Income | $558,119 | $117,778 | $44,378 |
| Distributable Amount | $376,951 | $349,572 | $351,058 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Scholarship Recipients ($238,482), Fellowship Recipients ($62,092).
| Recipient | Purpose | Amount |
|---|---|---|
| FELLOWSHIP RECIPIENTS WESTFIELD, MA | FELLOWSHIPS | $62,092 |
| SCHOLARSHIP RECIPIENTS WESTFIELD, MA | SCHOLARSHIPS | $238,482 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WAYNE L WEBSTER | PRESIDENT | 1 | — |
| ANTHONY GIACOMONI | TREASURER | 1 | — |
| JAMES W BRODERICK JR | ASSISTANT TR | 1 | — |
| JOSEPHINE SARNELLI | CLERK/ EXEC | 10 | $38,179 |
| TERESA REGINA | TRUSTEE | 1 | — |
| KATHLEEN BOURQUE | TRUSTEE | 1 | — |
Frequently Asked Questions
How large is The Horace Smith Fund?
As of 2025, The Horace Smith Fund holds $6.9M in total assets with $631K in annual revenue. It awarded 2 grants totaling $301K in 2025.
Where does The Horace Smith Fund operate?
The Horace Smith Fund has awarded grants in Massachusetts.
What size grants does The Horace Smith Fund award?
In 2025, The Horace Smith Fund awarded 2 grants totaling $301K — an average of about $150K per grant, based on its IRS Form 990 filings.
How much is The Horace Smith Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Horace Smith Fund reported a distributable amount of $377K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Horace Smith Fund's EIN?
The Horace Smith Fund's EIN (Employer Identification Number) is 04-2235130. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in The Horace Smith Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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