//
Also known as: FOUNDATION
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Jim And Cathy Smith Family Foundation is a private trust based in MIDDLEBURY, CT. The foundation received its IRS ruling in 2019. The principal officer is Tim Kim. It holds total assets of $3.1M. Annual income is reported at $1.2M. The foundation is governed by 4 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 2020 to 2023. According to available records, Jim And Cathy Smith Family Foundation has made 4 grants totaling $1M, with a median grant of $263K. Annual giving has decreased from $130K in 2021 to $80K in 2023. Grantmaking activity was highest in 2022 with $790K distributed across 2 grants. Individual grants have ranged from $80K to $395K, with an average award of $250K. Grant recipients are concentrated in Connecticut. Contributions to this foundation are tax-deductible.
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.
Jim And Cathy Smith Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CT.
Jim And Cathy Smith Family Foundation has distributed a total of $1M across 4 grants. The median grant size is $263K, with an average of $250K. Individual grants have ranged from $80K to $395K.
Jim And Cathy Smith Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jim And Cathy Smith Family Foundation is headquartered in MIDDLEBURY, CT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Haley W Smith | DIRECTOR | $0 | $0 | N/A |
| James C Smith | PRESIDENT | $0 | $0 | N/A |
| M Catherine Smith | TREASURER | $0 | $0 | N/A |
| James V Smith | DIRECTOR | $0 | $0 | N/A |
Total Giving
$95K
Total Assets
$3.1M
Fair Market Value
$3.1M
Net Worth
$3.1M
Grants Paid
$80K
Contributions
N/A
Net Investment Income
$66K
Distribution Amount
$139K
Total: $2.9M
Total Grants
4
Total Giving
$1M
Average Grant
$250K
Median Grant
$263K
Unique Recipients
1
Most Common Grant
$395K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Connecticut Community FoundationGENERAL OPERATING SUPPORT | Waterbury, CT | $80K | 2023 |