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Bill & Lois Smith Family Foundation is a private corporation based in ALLEGAN, MI. The foundation received its IRS ruling in 2000. The principal officer is Billy W Smith. It holds total assets of $4.4M. Annual income is reported at $1.1M. Total assets have grown from $2.7M in 2011 to $4.4M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Michigan. According to available records, Bill & Lois Smith Family Foundation has made 74 grants totaling $843K, with a median grant of $8K. Annual giving has grown from $174K in 2020 to $476K in 2022. Individual grants have ranged from $3K to $40K, with an average award of $11K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in Michigan, North Carolina, Texas, which account for 53% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$8K
Average Grant
$10K
Largest Grant
$40K
Based on 17 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bill & Lois Smith Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 74 grants. Its grantmaking reaches organizations primarily in MI, NC, TX.
Bill & Lois Smith Family Foundation has distributed a total of $843K across 74 grants. The median grant size is $8K, with an average of $11K. Individual grants have ranged from $3K to $40K.
Bill & Lois Smith Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bill & Lois Smith Family Foundation is headquartered in ALLEGAN, MI. While based in MI, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lois J Smith | VICE PRESIDE | $0 | $0 | N/A |
| Wesley H Smith | TREASURER, T | $0 | $0 | N/A |
| Cassandra J Atkins | SECRETARY, T | $0 | $0 | N/A |
Total Giving
$331K
Total Assets
$4.4M
Fair Market Value
$4.4M
Net Worth
$4.4M
Grants Paid
$280K
Contributions
N/A
Net Investment Income
$211K
Distribution Amount
$303K
Total: N/A
Total Grants
74
Total Giving
$843K
Average Grant
$11K
Median Grant
$8K
Unique Recipients
21
Most Common Grant
$8K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Baptist ChurchOPERATIONS | Allegan, MI | $36K | 2022 |
| Salvation ArmyOPERATIONS | Holland, MI | $8K | 2022 |
| Camp Beechpoint IncOPERATIONS | Allegan, MI | $40K | 2022 |
| Lead IncOPERATIONS | Grandville, MI | $30K | 2022 |
| Billy Graham Evangelical AssocOPERATIONS | Charlotte, NC | $25K | 2022 |
| Women At RiskOPERATIONS | Wyoming, MI | $10K | 2022 |
| Love IncOPERATIONS | Muskegon, MI | $10K | 2022 |
| Life Outreach InternationalOPERATIONS | Forth Worth, TX | $10K | 2022 |
| Kalamazoo Gospel MinistriesOPERATIONS | Kalamazoo, MI | $8K | 2022 |
| The Mail Box ClubOPERATIONS | Valdosta, GA | $8K | 2022 |
| Filters Of HopeOPERATIONS | Tuscaloosa, AL | $7K | 2022 |
| International Fellowship Of ChristiOPERATIONS | Washington, DC | $7K | 2022 |
| Big Creek MissionsOPERATIONS | Bear Brancj, KY | $6K | 2022 |
| Child Evangelism FellowshipOPERATIONS | Warrenton, MO | $6K | 2022 |
| Compassion InternationalOPERATIONS | Colorado Springs, CO | $6K | 2022 |
| The Congregational KitchenOPERATIONS | Allegan, MI | $5K | 2022 |
| Bible Visuals InternationalOPERATIONS | Akron, PA | $5K | 2022 |
| Prison FellowshipOPERATIONS | Lansdowne, VA | $4K | 2022 |
| Wycliffe Bible TranslatorsOPERATIONS | Orlando, FL | $4K | 2022 |
| Bible TractsOPERATIONS | Bloomington, IL | $3K | 2022 |