The Olcott & Lucy Smith Foundation Inc
The Olcott & Lucy Smith Foundation Inc is a private foundation, based in Hartford, CT. IRS filing data is available from 2020 through 2024. In 2024, it awarded 4 grants totaling $545K. Net investment income was $267K.
Key facts about The Olcott & Lucy Smith Foundation Inc
- EIN
- 06-6064116
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $545,454
- Grants made (2024)
- 4
- Average grant
- $136,364
- Median grant
- $140,127
- Primary geography
- Connecticut (73% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Olcott & Lucy Smith Foundation Inc funds
By grant dollars, the top recipient states for The Olcott & Lucy Smith Foundation Inc's 4 itemized 2024 grants were Connecticut (73%) and Vermont (27%). None of its 4 grants with a stated purpose were described as general or operating support. Recurring purposes include "List Available Upon Request" (4 grants).
How The Olcott & Lucy Smith Foundation Inc gives
- Giving grew 569% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with The Olcott & Lucy Smith Foundation Inc
- How to evaluate The Olcott & Lucy Smith Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to The Olcott & Lucy Smith Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$545K
+1826.3% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$136K
+1826.3% YoY
Under IRS private-foundation payout rules, The Olcott & Lucy Smith Foundation Inc reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.
About The Olcott & Lucy Smith Foundation Inc
Based on IRS filings
The Olcott & Lucy Smith Foundation Inc is a private foundation, based in Hartford, CT. IRS filing data is available from 2020 through 2024. In 2024, it awarded 4 grants totaling $545K. Net investment income was $267K.
Ready to take the next step with The Olcott & Lucy Smith Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 4 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $320,761 | $349,348 |
| Revenue | $275,126 | $6,766 | $56,201 |
| Expenses | $552,902 | $35,649 | $40,671 |
| Qualifying Distributions | $545,454 | $28,316 | $33,356 |
| Net Investment Income | $267,199 | $3,441 | $46,409 |
| Distributable Amount | $10,656 | $27,289 | $28,300 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Wendy Brainerd ($145,200), O Whitman Smith ($145,000), Tyler Smith ($135,254).
| Recipient | Purpose | Amount |
|---|---|---|
| WENDY BRAINERD Essex, CT | LIST AVAILABLE UPON REQUEST | $145,200 |
| O WHITMAN SMITH Charlotte, VT | LIST AVAILABLE UPON REQUEST | $145,000 |
| TYLER SMITH Hartford, CT | LIST AVAILABLE UPON REQUEST | $135,254 |
| DAMON SMITH Old Lyme, CT | LIST AVAILABLE UPON REQUEST | $120,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Tyler Smith | Secr/Treas | 1 | — |
| Damon Smith | President | 1 | — |
| Wendy M Brainerd | Vice President | 1 | — |
| O Whitman Smith | Vice President | 1 | — |
Frequently Asked Questions
Where does The Olcott & Lucy Smith Foundation Inc operate?
The Olcott & Lucy Smith Foundation Inc has awarded grants in Connecticut, Vermont.
What size grants does The Olcott & Lucy Smith Foundation Inc award?
In 2024, The Olcott & Lucy Smith Foundation Inc awarded 4 grants totaling $545K — an average of about $136K per grant, based on its IRS Form 990 filings.
How much is The Olcott & Lucy Smith Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Olcott & Lucy Smith Foundation Inc reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Olcott & Lucy Smith Foundation Inc's EIN?
The Olcott & Lucy Smith Foundation Inc's EIN (Employer Identification Number) is 06-6064116. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Olcott & Lucy Smith Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Ge Aerospace Foundation
Norwalk, CT
Assets
$22.5M
Grants
2,467
Total Given
$15.3M
American Savings Foundation Inc
New Britain, CT
Assets
$98.1M
Grants
636
Total Given
$3.2M
Hartford Foundation for Public Giving
Hartford, CT
Assets
$1.2B
Grants
613
Total Given
$51.5M
Eversource Energy Foundation Inc
Hartford, CT
Assets
$12.5M
Grants
606
Total Given
$6.2M
The Community Foundation for Greater New
New Haven, CT
Assets
$627.4M
Grants
505
Total Given
$23.4M
Women's Business Development Council
Stamford, CT
Assets
$12.5M
Grants
470
Total Given
$8.6M
Fairfield County's Community Foundation
Norwalk, CT
Assets
$291.4M
Grants
448
Total Given
$25.7M
Viking Global Foundation Inc
Stamford, CT
Assets
$7.1M
Grants
423
Total Given
$3.6M
Ion Bank Foundation Inc
Naugatuck, CT
Assets
—
Grants
419
Total Given
$1.0M
Synchrony Foundation
Stamford, CT
Assets
$72.3M
Grants
394
Total Given
$20.5M
Knights of Columbus Charitable Fund Inc
New Haven, CT
Assets
$127.1M
Grants
358
Total Given
$77.1M
Thomaston Savings Bank Foundation Inc
Thomaston, CT
Assets
—
Grants
281
Total Given
$814K
More Funders in Connecticut
Data last updated September 2026. Sourced from IRS Form 990-PF filings.