Wharton-Smith Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANFORD, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 7 grants totaling $1.7M. Net investment income was $382K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.5M
+86.9% YoY
Annual Giving
$1.7M
+5650.0% YoY
Grant Count
7
+600.0% YoY
Avg Grant Size
$246K
+721.4% YoY
Under IRS private-foundation payout rules, Wharton-Smith Foundation Inc reported a distributable amount of $211K for 2024 — the minimum it must pay out in qualifying distributions.
About Wharton-Smith Foundation Inc
Based on IRS filings
Wharton-Smith Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANFORD, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 7 grants totaling $1.7M. Net investment income was $382K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,506,064 | $2,410,819 | $2,096,431 |
| Revenue | $2,925,248 | $515,889 | $236,571 |
| Expenses | $1,768,175 | $68,435 | $155,507 |
| Qualifying Distributions | $1,725,000 | $30,000 | $131,000 |
| Net Investment Income | $382,073 | $30,979 | $21,300 |
| Distributable Amount | $211,205 | $111,611 | $100,659 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Foundation for Seminole State Colle ($1,500,000), City of Deland ($75,000), Community Housing Development Opera ($70,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Coalition for the Homless Orlando, FL | Charitable Donation | $10,000 |
| The Spring of Tampa Bay Tampa, FL | Charitable Donation | $20,000 |
| Foundation for Seminole State Colle Lake Mary, FL | Charitable Donation | $1,500,000 |
| The Christian Sharing Center Inc Longwood, FL | Charitable Donation | $25,000 |
| Community Housing Development Opera Orlando, FL | Charitable Donation | $70,000 |
| City of Deland Deland, FL | Charitable Donation | $75,000 |
| University of West Florida Pensacola, FL | Charitable Donation | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Tim Smith | President | 1 | — |
| Ron Davoli | Secretary | 1 | — |
| Stephanie Pompeo | Treasurer | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Wharton-Smith Foundation Inc?
Wharton-Smith Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANFORD, FL. It holds $4.5M in total assets as of 2024.
How large is Wharton-Smith Foundation Inc?
As of 2024, Wharton-Smith Foundation Inc holds $4.5M in total assets with $2.9M in annual revenue. It awarded 7 grants totaling $1.7M in 2024.
Where does Wharton-Smith Foundation Inc operate?
Wharton-Smith Foundation Inc has awarded grants in Florida.
What size grants does Wharton-Smith Foundation Inc award?
In 2024, Wharton-Smith Foundation Inc awarded 7 grants totaling $1.7M — an average of about $246K per grant, based on its IRS Form 990 filings.
How much is Wharton-Smith Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Wharton-Smith Foundation Inc reported a distributable amount of $211K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Wharton-Smith Foundation Inc's EIN?
Wharton-Smith Foundation Inc's EIN (Employer Identification Number) is 85-1227279. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Wharton-Smith Foundation Inc'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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