The Lester and Roberta Smith Foundation
The Lester and Roberta Smith Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TUCSON, AZ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.6M in total assets. In 2025, it awarded 7 grants totaling $106K. Net investment income was $210K.
Key facts about The Lester and Roberta Smith Foundation
- EIN
- 86-0986636
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $106,000
- Grants made (2025)
- 7
- Average grant
- $15,143
- Median grant
- $10,000
- Total assets
- $2,614,037
- Primary geography
- Arizona (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated April 2026.
Who The Lester and Roberta Smith Foundation funds
By grant dollars, the top recipient states for The Lester and Roberta Smith Foundation's 7 itemized 2025 grants were Arizona (100%). The most frequent recipient cities were Tucson, AZ (5 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support" (7 grants).
How The Lester and Roberta Smith Foundation gives
- Giving held roughly steady from 2022 to 2025 (−1%). Method
- In 2025 it paid out 83% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.6M
+2.6% YoY
Annual Giving
$106K
+8.9% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$15K
-22.2% YoY
Under IRS private-foundation payout rules, The Lester and Roberta Smith Foundation reported a distributable amount of $174K for 2025 — the minimum it must pay out in qualifying distributions.
About The Lester and Roberta Smith Foundation
Based on IRS filings
The Lester and Roberta Smith Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TUCSON, AZ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.6M in total assets. In 2025, it awarded 7 grants totaling $106K. Net investment income was $210K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,614,037 | $2,547,116 | $2,511,772 |
| Revenue | $217,975 | $171,263 | $256,305 |
| Expenses | $151,054 | $135,897 | $189,061 |
| Qualifying Distributions | $145,084 | $124,282 | $178,014 |
| Net Investment Income | $209,673 | $164,291 | $253,522 |
| Distributable Amount | $174,418 | $4,103 | $147,035 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Southern Arizona AIDS Foundation ($30,000), AZ Cyber Initiative ($25,000), Youth on Their Own ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SOUTHERN ARIZONA AIDS FOUNDATION TUCSON, AZ | SUPPORT | $30,000 |
| AZ CYBER INITIATIVE NOGALES, AZ | SUPPORT | $25,000 |
| YOUTH ON THEIR OWN TUCSON, AZ | SUPPORT | $20,000 |
| KXCI TUCSON COMMUNITY RADIO TUCSON, AZ | SUPPORT | $10,000 |
| TUCSON BADGER YOUTH WRESTLING CLUB TUCSON, AZ | SUPPORT | $10,000 |
| BOOKS FOR CLASSROOMS GREEN VALLEY, AZ | SUPPORT | $6,000 |
| ANGEL HEART PAJAMA PROJECT TUCSON, AZ | SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Todd Ackerman | Treasurer | 1 | — |
| Jennifer L Carrell | President | 1 | — |
| John Pedicone | Vice President | 1 | — |
| Kris Boswell | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lester and Roberta Smith Foundation?
The Lester and Roberta Smith Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TUCSON, AZ. It holds $2.6M in total assets as of 2025.
How large is The Lester and Roberta Smith Foundation?
As of 2025, The Lester and Roberta Smith Foundation holds $2.6M in total assets with $218K in annual revenue. It awarded 7 grants totaling $106K in 2025.
Where does The Lester and Roberta Smith Foundation operate?
The Lester and Roberta Smith Foundation has awarded grants in Arizona.
What size grants does The Lester and Roberta Smith Foundation award?
In 2025, The Lester and Roberta Smith Foundation awarded 7 grants totaling $106K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is The Lester and Roberta Smith Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Lester and Roberta Smith Foundation reported a distributable amount of $174K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lester and Roberta Smith Foundation's EIN?
The Lester and Roberta Smith Foundation's EIN (Employer Identification Number) is 86-0986636. IRS Form 990 filing data is available on this page for 2021–2025.
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Browse active grant opportunities in The Lester and Roberta Smith Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.