The Smith-mcdermott Charitable

LAKE CITY, FL EIN: 58-6367424

The Smith-mcdermott Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE CITY, FL. IRS filing data is available from 2020 through 2022.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Revenue

Net Investment Income

Expenses

$6K

-85.1% YoY

Under IRS private-foundation payout rules, The Smith-mcdermott Charitable reported a distributable amount of $165 for 2022 — the minimum it must pay out in qualifying distributions.

About The Smith-mcdermott Charitable

Based on IRS filings

The Smith-mcdermott Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE CITY, FL. IRS filing data is available from 2020 through 2022.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BellKernersville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$11K$21K$32K$42K202020212022
Metric202220212020
Total Assets$5,752$44,252
Revenue$567
Expenses$5,752$38,500$19,159
Qualifying Distributions$37,000
Net Investment Income
Distributable Amount$165$296$2,413

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$19K$28K$37K1 grants20201 grants20210 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2022

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2022.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

RICHARD A MCDERMOTTDIRECTOR$3K

From 2022 filing

NameTitleHoursCompensation
RICHARD A MCDERMOTTDIRECTOR1$3,492

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Smith-mcdermott Charitable?

The Smith-mcdermott Charitable is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE CITY, FL. It holds — in total assets as of 2022.

Where does The Smith-mcdermott Charitable operate?

The Smith-mcdermott Charitable has awarded grants in Florida, North Carolina.

How much is The Smith-mcdermott Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, The Smith-mcdermott Charitable reported a distributable amount of $165 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Smith-mcdermott Charitable's EIN?

The Smith-mcdermott Charitable's EIN (Employer Identification Number) is 58-6367424. IRS Form 990 filing data is available on this page for 2020–2022.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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