The Preston Smith Memorial Foundation
The Preston Smith Memorial Foundation is a private foundation, based in Austin, TX. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $94K in total assets. In 2022, it awarded 8 grants totaling $14K.
The Preston Smith Memorial Foundation at a glance
In short: The Preston Smith Memorial Foundation gave $14K across 8 grants in 2022 (avg $2K), mostly in Texas. Source: 2022 IRS Form 990-PF.
- Annual giving (2022)
- $13,590
- +996.0% vs 2021
- Grants made (2022)
- 8
- +300.0% vs 2021
- Average grant
- $1,699
- +174.0% vs 2021
- Median grant
- $1,374
- Total assets
- $93,809
- -14.5% vs 2021
- Primary geography
- Texas (60% of itemized 2022 grant dollars)
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated September 2026.
Who The Preston Smith Memorial Foundation funds
How this funder distributes its grants
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2022 grant dollars across all 8 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $1K (2021) to $14K (2022). In 2022 it made 8 grants totaling $14K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 8 grants to individuals Recipients not named | — | $13,590 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|---|
| 2022 | $93,809 | — | $15,862 | $13,590 | 8 | $13,590 |
| 2021 | $109,671 | $100,000 | $1,735 | $1,240 | 2 | $1,240 |
| 2020 | $11,406 | $23,025 | $11,619 | $11,401 | 2 | — |
Leadership & Key People
Officers and directors from IRS filings
The Preston Smith Memorial Foundation is led by Nichole Smith, President on every filing since 2020; none of the 3 officers listed in 2022 report compensation.
Officers on the 2022 filing
Nichole Smith
President
On filings since 2020
No compensation reported
Richard Smith
Director
On filings since 2020
No compensation reported
Ruby Ochoa
Vice President
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Preston Smith Memorial Foundation
How much does The Preston Smith Memorial Foundation give each year?
The Preston Smith Memorial Foundation gave $14K across 8 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $1K across 2 grants.
What is The Preston Smith Memorial Foundation's typical grant size?
The Preston Smith Memorial Foundation's median grant in 2022 was $1,374, and its average grant was $1,699, across 8 grants on its 2022 IRS Form 990-PF.
Where does The Preston Smith Memorial Foundation give grants?
The Preston Smith Memorial Foundation gives mostly in Texas: 60% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there. The next largest states were Montana (20%) and Pennsylvania (20%).
Does The Preston Smith Memorial Foundation give general operating support?
Not in 2022: none of the 8 grants with a stated purpose on The Preston Smith Memorial Foundation's 2022 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Childcare Expenses" (3 grants).
How large is The Preston Smith Memorial Foundation?
The Preston Smith Memorial Foundation reported $94K in total assets on its 2022 IRS Form 990-PF.
What is The Preston Smith Memorial Foundation's EIN?
The Preston Smith Memorial Foundation's EIN (Employer Identification Number) is 85-4175071. IRS Form 990 filing data is available on this page for 2020–2022.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 18, 2023)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2023)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- IRS filings on file for fiscal years 2020–2022
Live grants for the work The Preston Smith Memorial Foundation funds
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