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Smang Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2008. The principal officer is Foundation Source. It holds total assets of $5.1M. Annual income is reported at $2.3M. Total assets have grown from $929K in 2011 to $5.1M in 2024. The foundation is governed by 2 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 2024. According to available records, Smang Family Foundation has made 5 grants totaling $800K, with a median grant of $250K. Annual giving has grown from $250K in 2021 to $550K in 2022. Individual grants have ranged from $25K to $250K, with an average award of $160K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in California and Washington. 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.
Smang Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in CA, WA.
Smang Family Foundation has distributed a total of $800K across 5 grants. The median grant size is $250K, with an average of $160K. Individual grants have ranged from $25K to $250K.
Smang Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Smang Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Benjamin Smith | Pres, Dir, Sec | $0 | $0 | N/A |
| Diane Tang | Dir, VP | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$5.1M
Fair Market Value
N/A
Net Worth
$5.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$800K
Average Grant
$160K
Median Grant
$250K
Unique Recipients
2
Most Common Grant
$250K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Synapse SchoolGeneral & Unrestricted | Menlo Park, CA | $250K | 2022 |
| Code OrgGeneral & Unrestricted | Seattle, WA | $25K | 2022 |