The Phillip Smith Foundation

AMBERLEY VILLAGE, OH EIN: 31-1469256

The Phillip Smith Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AMBERLEY VILLAGE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 9 grants totaling $50K. Net investment income was $20K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+4.7% YoY

Annual Giving

$50K

+6.4% YoY

Grant Count

9

-10.0% YoY

Avg Grant Size

$6K

+18.2% YoY

About The Phillip Smith Foundation

Based on IRS filings

The Phillip Smith Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AMBERLEY VILLAGE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 9 grants totaling $50K. Net investment income was $20K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

Blue AshCincinnatiCoral GablesMemphisPhoenix

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16K$33K$49K$66K20202021202220232024
Metric202420232022
Total Assets$1,040,673$994,083$973,063
Revenue$49,426$28,899$26,135
Expenses$59,836$47,900$45,093
Qualifying Distributions$50,000$47,000$43,250
Net Investment Income$19,707$18,558$15,251
Distributable Amount$42,633$46,691

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$25K$38K$50K7 grants20207 grants20218 grants202210 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

RONALD MCDONALD HOUSE$20KTEMPLE SHOLOM$10KCINCINNATI DREAMS COME T…$5KJEWISH FAMILY SERVICES$5KBIG BROTHERS BIG SISTERS$5KPROKIDS$2KCINCINNATI CHILDRENS HOS…$2KHAPPINESS IS ADVISORY CO…$2KNEEDIEST KIDS OF ALL$1K

Grant Size Distribution

41 grants across all recorded years

41<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ronald Mcdonald House ($20,000), Temple Sholom ($9,500), Cincinnati Dreams Come True ($5,000).

RecipientPurposeAmount
RONALD MCDONALD HOUSE CINCINNATI, OHKIDS IN NEED$20,000
CINCINNATI DREAMS COME TRUE CINCINNATI, OHKIDS IN NEED$5,000
NEEDIEST KIDS OF ALL CINCINNATI, OHKIDS IN NEED$1,000
PROKIDS CINCINNATI, OHKIDS IN NEED$1,500
JEWISH FAMILY SERVICES CINCINNATI, OHKIDS IN NEED$5,000
BIG BROTHERS BIG SISTERS CINCINNATI, OHKIDS IN NEED$5,000
TEMPLE SHOLOM BLUE ASH, OHCHILDREN PROGRAMMING$9,500
CINCINNATI CHILDRENS HOSPITAL CINCINNATI, OHKIDS IN NEED$1,500
HAPPINESS IS ADVISORY COMMITTE PHOENIX, AZFIGHT CHILDHOOD HUNGRY$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RICHARD M SCHWARTZTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Phillip Smith Foundation?

The Phillip Smith Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AMBERLEY VILLAGE, OH. It holds $1.0M in total assets as of 2024.

How large is The Phillip Smith Foundation?

As of 2024, The Phillip Smith Foundation holds $1.0M in total assets with $49K in annual revenue. It awarded 9 grants totaling $50K in 2024.

Where does The Phillip Smith Foundation operate?

The Phillip Smith Foundation has awarded grants in Arizona, Florida, Ohio, Tennessee.

What size grants does The Phillip Smith Foundation award?

In 2024, The Phillip Smith Foundation awarded 9 grants totaling $50K — an average of about $6K per grant, based on its IRS Form 990 filings.

What is The Phillip Smith Foundation's EIN?

The Phillip Smith Foundation's EIN (Employer Identification Number) is 31-1469256. 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.

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