The Smith Family Foundation
The Smith Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 5 grants totaling $1.1M. Net investment income was $668K.
Key facts about The Smith Family Foundation
In short: The Smith Family Foundation gave $1.1M across 5 grants in 2025 (avg $210K), mostly in Iowa. Source: 2025 IRS Form 990-PF.
- EIN
- 33-1211325
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $1,050,000
- Grants made (2025)
- 5
- Average grant
- $210,000
- Median grant
- $12,500
- Total assets
- $1,734,595
- Primary geography
- Iowa (99% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.7M
-11.4% YoY
Annual Giving
$1.1M
+95.2% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$210K
+56.1% YoY
Under IRS private-foundation payout rules, The Smith Family Foundation reported a distributable amount of $95K for 2025 — the minimum it must pay out in qualifying distributions.
How The Smith Family Foundation gives
- Giving grew 2088% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| IOWA STATE UNIVERSITY FOUNDATION Ames, IA | SCHOLARSHIP | $1,000,000 |
| ARNOLDS PARK HIGH SCHOOL ALUMNI ASSOCIATION Milford, IA | SCHOLARSHIP | $20,000 |
| MARCUS-MERIDIAN CLEGHORN FOUNDATION Marcus, IA | SCHOLARSHIP | $12,500 |
| VIBORG PUBLIC SCHOOL Viborg, SD | SCHOLARSHIP | $10,000 |
| OKOBOJI EDUCATION FOUNDATION Milford, IA | SCHOLARSHIP | $7,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,734,595 | $1,958,200 | $1,939,467 |
| Revenue | $1,407,284 | $1,022,882 | $74,661 |
| Expenses | $1,076,954 | $555,610 | $72,324 |
| Qualifying Distributions | $1,050,000 | $537,984 | $68,000 |
| Net Investment Income | $667,787 | $513,817 | $70,337 |
| Distributable Amount | $94,738 | $99,477 | $92,038 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 24, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Smith Family Foundation is led by Thomas A. Smith, Director & President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Thomas A. Smith
Director & President
On filings since 2020
1 hr/week
No compensation reported
Evonne E. Smith
Director, Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Kyle T. Smith
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Smith Family Foundation
How much does The Smith Family Foundation give each year?
The Smith Family Foundation gave $1.1M across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $538K across 4 grants.
What is The Smith Family Foundation's typical grant size?
The Smith Family Foundation's median grant in 2025 was $12,500, and its average grant was $210,000, across 5 grants on its 2025 IRS Form 990-PF.
Where does The Smith Family Foundation give grants?
The Smith Family Foundation gives mostly in Iowa: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Milford, IA (2 grants).
Does The Smith Family Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on The Smith Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (5 grants).
Who are The Smith Family Foundation's largest grantees?
The Smith Family Foundation's largest 2025 grantees include Iowa State University Foundation ($1,000,000), Arnolds Park High School Alumni Association ($20,000) and Marcus-Meridian Cleghorn Foundation ($12,500), according to its 2025 IRS Form 990-PF. Together they received 98% of its itemized 2025 grant dollars.
How large is The Smith Family Foundation?
The Smith Family Foundation reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $95K (roughly 5% of its investment assets).
What is The Smith Family Foundation?
The Smith Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. It holds $1.7M in total assets as of 2025.
What is The Smith Family Foundation's EIN?
The Smith Family Foundation's EIN (Employer Identification Number) is 33-1211325. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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