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.
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
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 |
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 include Wendy Brainerd ($145,200), O Whitman Smith ($145,000), Tyler Smith ($135,254).
| Recipient | Purpose | Amount |
|---|---|---|
| DAMON SMITH OLD LYME, CT | LIST AVAILABLE UPON REQUEST | $120,000 |
| O WHITMAN SMITH CHARLOTTE, VT | LIST AVAILABLE UPON REQUEST | $145,000 |
| TYLER SMITH HARTFORD, CT | LIST AVAILABLE UPON REQUEST | $135,254 |
| WENDY BRAINERD ESSEX, CT | LIST AVAILABLE UPON REQUEST | $145,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.