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.
Key facts about William R & Sara Babb Smith
- EIN
- 58-6306403
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $221,956
- Grants made (2024)
- 10
- Average grant
- $22,196
- Median grant
- $21,378
- Total assets
- $2,859,186
- Primary geography
- Georgia (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who William R & Sara Babb Smith funds
By grant dollars, the top recipient states for William R & Sara Babb Smith's 10 itemized 2024 grants were Georgia (100%). The most frequent recipient cities were McDonough, GA (5 grants) and Stockbridge, GA (4 grants). None of its 10 grants with a stated purpose were described as general or operating support.
How William R & Sara Babb Smith gives
- Giving grew 30% from 2021 to 2024. Method
- In 2024 it paid out 112% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with William R & Sara Babb Smith
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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
Ready to take the next step with William R & Sara Babb Smith?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients include A Friend's House ($45,000), The Food Pantry ($40,000), Hands of Hope Medical Clinic ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A FRIEND'S HOUSE McDonough, GA | SHELTER FOR YOUTH | $45,000 |
| THE FOOD PANTRY Stockbridge, GA | FOOD ASSISTANCE | $40,000 |
| HANDS OF HOPE MEDICAL CLINIC Stockbridge, GA | MEDICAL ASSISTANCE | $25,000 |
| SAMARITANS TOGETHER Stockbridge, GA | ASSISTANCE TO FAMILIES | $25,000 |
| THE GENEALOGICAL SOCEITY McDonough, GA | EDUCATION | $22,756 |
| JOSEPH SAMS SCHOOL Fayetteville, GA | SCHOLARSHIPS FOR HENRY CO STUDENTS | $20,000 |
| HENRY SCHOLARSHIP McDonough, GA | SCHOLARSHIP | $20,000 |
| THE BRIDGE WELLNESS SOUTH Stockbridge, GA | EDUCATION | $12,000 |
| CROSSWALK McDonough, GA | TEENS & JUVENILE PROGRAMS | $8,000 |
| FERST READERS OF HENRY CO McDonough, GA | READING/BOOKS | $4,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS 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 September 2026. Sourced from IRS Form 990-PF filings.