The Preston Smith Memorial Foundation

Private foundation · Grantmaker Austin, TX EIN: 85-4175071

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.

Key facts about The Preston Smith Memorial Foundation

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.

EIN
85-4175071
Latest 990 filing
Form 990-PF, 2022
Annual giving (2022)
$13,590
Grants made (2022)
8
Average grant
$1,699
Median grant
$1,374
Total assets
$93,809
Primary geography
Texas (60% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$94K

-14.5% YoY

Annual Giving

$14K

+996.0% YoY

Grant Count

8

+300.0% YoY

Avg Grant Size

$2K

+174.0% YoY

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2022 grant dollars across all 8 itemized grants.

Cities

AustinCedar ParkMonongahelaRound RockUhlandDripping SpringsMissoula

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K2 grants2020 2 grants2021 8 grants2022

From 2020 to 2022, annual grant giving ranged from $1K (2021) to $14K (2022). In 2022 it made 8 grants totaling $14K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2022

Casey Arnold: $5K across 2 grantsCasey Arnold$5K · 2 grantsLibby Clark: $3KLibby Clark$3KBrett Greenlee: $3K across 2 grantsBrett Greenlee$3K · 2 grantsTehreem Bilal: $2K across 2 grantsTehreem Bilal$2K · 2 grantsJennifer Irvin: $1KJennifer Irvin$1K

The largest 2022 recipient was Casey Arnold ($5K across 2 grants). Together the top 5 received $14K.

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 12 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Casey Arnold Round Rock, TXCar Repairs$2,904
Libby Clark Missoula, MTRent Assistance$2,720
Casey Arnold Round Rock, TXChildcare Expenses$2,456
Brett Greenlee Monongahela, PAMortgage Assistance$1,422
Jennifer Irvin Dripping Springs, TXChildcare Expenses$1,326
Brett Greenlee Monongahela, PAChildcare Expenses$1,250
Tehreem Bilal Austin, TXMoving Expenses$833
Tehreem Bilal Austin, TXCar Maintenance$679

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$50K$100K$150K2020 2021 2022
Metric202220212020
Total Assets$93,809$109,671$11,406
Revenue—$100,000$23,025
Expenses$15,862$1,735$11,619
Qualifying Distributions$13,590$1,240—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 18, 2023)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2023)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  4. IRS filings on file for fiscal years 2020–2022

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%). The most frequent recipient cities were Round Rock, TX (2 grants), Monongahela, PA (2 grants) and Austin, TX (2 grants).

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).

Who are The Preston Smith Memorial Foundation's largest grantees?

The Preston Smith Memorial Foundation's largest 2022 grantees include Casey Arnold ($5,360 across 2 grants), Libby Clark ($2,720) and Brett Greenlee ($2,672 across 2 grants), according to its 2022 IRS Form 990-PF. Together they received 79% of its itemized 2022 grant dollars.

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.

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