The Smith Family Foundation

Foundation · Grantmaker Houston, TX EIN: 33-1211325

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

4states

Share of all 5 itemized 2025 grant dollars.

Cities

MilfordViborgMarcusAmesAustinChicago

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M5 grants20205 grants20215 grants20227 grants20234 grants20245 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Iowa State University Foundation: $1.0MIowa State UniversityFoundation$1.0MArnolds Park High School Alumni Association: $20KArnolds Park High SchoolAlumni Association$20KMarcus-Meridian Cleghorn Foundation: $13KMarcus-Meridian CleghornFoundation$13KViborg Public School: $10KViborg Public School$10KOkoboji Education Foundation: $8KOkoboji Education Foundation$8K

Grant Size Distribution

26 grants across all recorded years

23<$50K$50–100K$100–250K$250–500K1$500K–1M1$1–5M1$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
IOWA STATE UNIVERSITY FOUNDATION Ames, IASCHOLARSHIP$1,000,000
ARNOLDS PARK HIGH SCHOOL ALUMNI ASSOCIATION Milford, IASCHOLARSHIP$20,000
MARCUS-MERIDIAN CLEGHORN FOUNDATION Marcus, IASCHOLARSHIP$12,500
VIBORG PUBLIC SCHOOL Viborg, SDSCHOLARSHIP$10,000
OKOBOJI EDUCATION FOUNDATION Milford, IASCHOLARSHIP$7,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.5M$5M$7.5M$10M202020212022202320242025
Metric202520242023
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

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 24, 2026)
  2. 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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