William R & Sara Babb Smith
William R & Sara Babb Smith is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCDONOUGH, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 10 grants totaling $222K. Net investment income was $55K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+1.1% YoY
Annual Giving
$222K
+22.4% YoY
Grant Count
10
+0.0% YoY
Avg Grant Size
$22K
+22.4% YoY
Under IRS private-foundation payout rules, William R & Sara Babb Smith reported a distributable amount of $203K for 2024 — the minimum it must pay out in qualifying distributions.
About William R & Sara Babb Smith
Based on IRS filings
William R & Sara Babb Smith is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCDONOUGH, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 10 grants totaling $222K. Net investment income was $55K.
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 | $2,859,186 | $2,827,813 | $2,882,429 |
| Revenue | $318,879 | $188,918 | $249,129 |
| Expenses | $287,506 | $240,786 | $201,676 |
| Qualifying Distributions | $226,937 | $186,362 | $146,439 |
| Net Investment Income | $54,803 | $39,324 | $195,763 |
| Distributable Amount | $203,362 | $185,317 | $187,850 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include A Friend's House ($45,000), The Food Pantry ($40,000), Hands of Hope Medical Clinic ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HANDS OF HOPE MEDICAL CLINIC STOCKBRIDGE, GA | MEDICAL ASSISTANCE | $25,000 |
| JOSEPH SAMS SCHOOL FAYETTEVILLE, GA | SCHOLARSHIPS FOR HENRY CO STUDENTS | $20,000 |
| SAMARITANS TOGETHER STOCKBRIDGE, GA | ASSISTANCE TO FAMILIES | $25,000 |
| THE FOOD PANTRY STOCKBRIDGE, GA | FOOD ASSISTANCE | $40,000 |
| A FRIEND'S HOUSE MCDONOUGH, GA | SHELTER FOR YOUTH | $45,000 |
| CROSSWALK MCDONOUGH, GA | TEENS & JUVENILE PROGRAMS | $8,000 |
| FERST READERS OF HENRY CO MCDONOUGH, GA | READING/BOOKS | $4,200 |
| HENRY SCHOLARSHIP MCDONOUGH, GA | SCHOLARSHIP | $20,000 |
| THE GENEALOGICAL SOCEITY MCDONOUGH, GA | EDUCATION | $22,756 |
| THE BRIDGE WELLNESS SOUTH STOCKBRIDGE, GA | EDUCATION | $12,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HANS BRODER | PRESIDENT | 1 | — |
| NANCY R SMITH | VICE PRESIDE | 1 | — |
| HON JAMES T CHAFIN III | TREASURER | 1 | — |
| ALLISON AUSBAND | TRUSTEE | 1 | — |
| MARY LYNN LAMBERT | TRUSTEE | 1 | — |
| KATHY ENGEMAN | TRUSTEE | 1 | — |
| CANDACE HOOVER | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is William R & Sara Babb Smith?
William R & Sara Babb Smith is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCDONOUGH, GA. It holds $2.9M in total assets as of 2024.
How large is William R & Sara Babb Smith?
As of 2024, William R & Sara Babb Smith holds $2.9M in total assets with $319K in annual revenue. It awarded 10 grants totaling $222K in 2024.
Where does William R & Sara Babb Smith operate?
William R & Sara Babb Smith has awarded grants in Georgia.
What size grants does William R & Sara Babb Smith award?
In 2024, William R & Sara Babb Smith awarded 10 grants totaling $222K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is William R & Sara Babb Smith required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, William R & Sara Babb Smith reported a distributable amount of $203K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is William R & Sara Babb Smith's EIN?
William R & Sara Babb Smith's EIN (Employer Identification Number) is 58-6306403. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.