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Donald And Paula Smith Family Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2001. The principal officer is Donald Smith & Co Inc.. It holds total assets of $93.6M. Annual income is reported at $32.7M. Total assets have grown from $66.1M in 2010 to $93.4M in 2023. The foundation is governed by 9 officers and trustees. The foundation operates in the area of community development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in District of Columbia and Rhode Island. According to available records, Donald And Paula Smith Family Foundation Inc. has made 10 grants totaling $38.6M, with a median grant of $3.1M. The foundation has distributed between $18.4M and $20.2M annually from 2022 to 2023. Individual grants have ranged from $150K to $8.6M, with an average award of $3.9M. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Rhode Island and Virginia and District of Columbia. Contributions to this foundation are tax-deductible.
Smallest Grant
$150K
Median Grant
$450K
Average Grant
$3.1M
Largest Grant
$8.6M
Based on 3 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.
Donald And Paula Smith Family Foundation Inc. primarily funds organizations in the area of community development. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in RI, VA, DC.
Donald And Paula Smith Family Foundation Inc. has distributed a total of $38.6M across 10 grants. The median grant size is $3.1M, with an average of $3.9M. Individual grants have ranged from $150K to $8.6M.
Donald And Paula Smith Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Donald And Paula Smith Family Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Julie Smith | PRESIDENT/DIR. | $100K | $0 | $100K |
| Paula Smith | DIRECTOR | $0 | $0 | N/A |
| Nikolaos Monoyios | DIRECTOR | $0 | $0 | N/A |
| Ken Levy | DIRECTOR | $0 | $0 | N/A |
| Robert Gelfond | DIRECTOR | $0 | $0 | N/A |
| Scott Barbee | DIRECTOR | $0 | $0 | N/A |
| Jon Hartsel | SECRETARY/DIR. | $0 | $0 | N/A |
| Richard Greenberg | TREASURER/DIR. | $0 | $0 | N/A |
| Laura Winner | VP/DIRECTOR. | $0 | $0 | N/A |
Total Giving
$11.8M
Total Assets
$93.4M
Fair Market Value
N/A
Net Worth
$93.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$14.9M
Distribution Amount
$4.7M
Total Grants
10
Total Giving
$38.6M
Average Grant
$3.9M
Median Grant
$3.1M
Unique Recipients
4
Most Common Grant
$150K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vanguard CharitableTO FURTHER DONEE'S EXEMPT PURPOSE | Warwick, RI | $7M | 2023 |
| Atlas NetworkTO FURTHER DONEE'S EXEMPT PURPOSE | Arlington, VA | $3.1M | 2023 |
| Cato InstituteTO FURTHER DONEE'S EXEMPT PURPOSE | Washington, DC | $450K | 2022 |
| Young VoicesTO FURTHER DONEE'S EXEMPT PURPOSE | Washington, DC | $150K | 2022 |