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Also known as: RICHARD SCHWARTZ TRUSTEE
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Phillip Smith Foundation is a private corporation based in CINCINNATI, OH. The foundation received its IRS ruling in 1996. It holds total assets of $1M. Annual income is reported at $99K. Total assets have grown from $706K in 2010 to $994K in 2023. The foundation is governed by 1 officer or trustee. 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 2015 to 2023. Grantmaking is concentrated in Ohio. According to available records, Phillip Smith Foundation has made 23 grants totaling $128K, with a median grant of $5K. Annual giving has grown from $41K in 2020 to $87K in 2022. Individual grants have ranged from $750 to $20K, with an average award of $6K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$20K
Based on 7 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.
Phillip Smith Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in OH.
Phillip Smith Foundation has distributed a total of $128K across 23 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $750 to $20K.
Phillip Smith Foundation typically selects its grantees rather than accepting unsolicited proposals.
Phillip Smith Foundation is headquartered in CINCINNATI, OH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard M Schwartz | TRUSTEE | $0 | $0 | N/A |
Total Giving
$48K
Total Assets
$994K
Fair Market Value
$994K
Net Worth
$994K
Grants Paid
$47K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
$43K
Total: $945K
Total Grants
23
Total Giving
$128K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
8
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Big Brothers Big SistersKIDS IN NEED | Cincinnati, OH | $4K | 2022 |
| Shriners HospitalKIDS IN NEED | Cincinnati, OH | $750 | 2022 |
| Ronald Mcdonald HouseKIDS IN NEED | Cincinnati, OH | $20K | 2022 |
| Temple SholomCHILDREN PROGRAMMING | Blue Ash, OH | $5K | 2022 |
| Jewish Family ServicesKIDS IN NEED | Cincinnati, OH | $5K | 2022 |
| Cincinnati Dreams Come TrueKIDS IN NEED | Cincinnati, OH | $5K | 2022 |
| Neediest Kids Of AllKIDS IN NEED | Cincinnati, OH | $2K | 2022 |
| ProkidsKIDS IN NEED | Cincinnati, OH | $2K | 2022 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH