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Also known as: C/O INWOOD MANAGEMENT LP
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Julia And Albert Smith Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 1987. The principal officer is Inwood Mgmt Lp. It holds total assets of $4.5M. Annual income is reported at $5.1M. Total assets have decreased from $5.6M in 2010 to $4.2M in 2022. The foundation is governed by 2 officers and trustees. 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 Texas, Alabama and District of Columbia. According to available records, Julia And Albert Smith Foundation has made 20 grants totaling $1.1M, with a median grant of $30K. Annual giving has grown from $135K in 2020 to $394K in 2023. Individual grants have ranged from $750 to $225K, with an average award of $53K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Texas and Alabama and District of Columbia. Contributions to this foundation are tax-deductible.
Smallest Grant
$750
Median Grant
$21K
Average Grant
$23K
Largest Grant
$50K
Based on 6 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.
Julia And Albert Smith Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in TX, AL, DC.
Julia And Albert Smith Foundation has distributed a total of $1.1M across 20 grants. The median grant size is $30K, with an average of $53K. Individual grants have ranged from $750 to $225K.
Julia And Albert Smith Foundation typically selects its grantees rather than accepting unsolicited proposals.
Julia And Albert Smith Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William C Smith | VP/TREASURER | $0 | $0 | N/A |
| Julia Anne Smith Rawson | PRESIDENT | $0 | $0 | N/A |
Total Giving
$446K
Total Assets
$4.2M
Fair Market Value
$5M
Net Worth
$4.2M
Grants Paid
$394K
Contributions
N/A
Net Investment Income
$166K
Distribution Amount
$266K
Total: $3.5M
Total Grants
20
Total Giving
$1.1M
Average Grant
$53K
Median Grant
$30K
Unique Recipients
9
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Auburn University FoundationJCSMFA MUSEUM | Auburn, AL | $225K | 2023 |
| Empowered Women Of PurposeGENERAL FUND | Marble Falls, TX | $150K | 2023 |
| Hits TheatreGENERAL FUND | Houston, TX | $15K | 2023 |
| National Christian FoundationGENERAL FUND | Houston, TX | $70K | 2022 |
| The Women'S HomeGENERAL FUND | Houston, TX | $20K | 2022 |
| Philanthrophy RoundtableGENERAL FUND | Washington, DC | $1K | 2021 |
| St Luke'S United Methodist ChurchOPERATING FUND | Houston, TX | $40K | 2020 |
| Auburn United Methodist ChurchGENERAL FUND | Auburn, AL | $3K | 2020 |
| Blue Bird CircleMEMORIUM | Houston, TX | $1K | 2020 |