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 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 4 grants totaling $538K. Net investment income was $514K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+1.0% YoY
Annual Giving
$538K
+691.2% YoY
Grant Count
4
-42.9% YoY
Avg Grant Size
$134K
+1284.5% YoY
Under IRS private-foundation payout rules, The Smith Family Foundation reported a distributable amount of $99K for 2024 — the minimum it must pay out in qualifying distributions.
About The Smith Family Foundation
Based on IRS filings
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 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 4 grants totaling $538K. Net investment income was $514K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,958,200 | $1,939,467 | $1,937,130 |
| Revenue | $1,022,882 | $74,661 | $-16,573 |
| Expenses | $555,610 | $72,324 | $109,464 |
| Qualifying Distributions | $537,984 | $68,000 | $48,000 |
| Net Investment Income | $513,817 | $70,337 | $23,666 |
| Distributable Amount | $99,477 | $92,038 | $94,075 |
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
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Iowa State University Foundation ($500,484), Arnolds Park High School Alumni Association ($20,000), Okoboji Education Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| OKOBOJI EDUCATION FOUNDATION MILFORD, IA | SCHOLARSHIP | $10,000 |
| ARNOLDS PARK HIGH SCHOOL ALUMNI ASSOCIATION MILFORD, IA | SCHOLARSHIP | $20,000 |
| VIBORG PUBLIC SCHOOL VIBORG, SD | SCHOLARSHIP | $7,500 |
| IOWA STATE UNIVERSITY FOUNDATION AMES, IA | SCHOLARSHIP | $500,484 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS A SMITH | DIRECTOR/PRESIDENT | 1 | — |
| EVONNE E SMITH | DIRECTOR/SECRETARY/TREASURER | 1 | — |
| KYLE T SMITH | DIRECTOR/VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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 $2.0M in total assets as of 2024.
How large is The Smith Family Foundation?
As of 2024, The Smith Family Foundation holds $2.0M in total assets with $1.0M in annual revenue. It awarded 4 grants totaling $538K in 2024.
Where does The Smith Family Foundation operate?
The Smith Family Foundation has awarded grants in Iowa, Illinois, South Dakota, Texas.
What size grants does The Smith Family Foundation award?
In 2024, The Smith Family Foundation awarded 4 grants totaling $538K — an average of about $134K per grant, based on its IRS Form 990 filings.
How much is The Smith Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Smith Family Foundation reported a distributable amount of $99K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Smith Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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