Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Smerge Family Foundation is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 2006. The principal officer is Bank Of America Na. It holds total assets of $258K. Annual income is reported at $161K. Total assets have decreased from $1.1M in 2011 to $337K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. According to available records, Smerge Family Foundation has made 14 grants totaling $83K, with a median grant of $5K. Annual giving has grown from $6K in 2020 to $20K in 2022. Grantmaking activity was highest in 2021 with $57K distributed across 8 grants. Individual grants have ranged from $500 to $25K, with an average award of $6K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Texas, Illinois, Virginia, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. 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.
Smerge Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in TX, IL, VA.
Smerge Family Foundation has distributed a total of $83K across 14 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $500 to $25K.
QUALIFIED IRC SECTION 501(c)(3) PUBLIC CHARITIES.
Smerge Family Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Raymond G Smerge | PRESIDENT | $0 | $0 | N/A |
| Patricia A Smerge | DIRECTOR | $0 | $0 | N/A |
| Mark R Smerge | DIRECTOR | $0 | $0 | N/A |
Total Giving
$8K
Total Assets
$337K
Fair Market Value
$399K
Net Worth
$337K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$13K
Distribution Amount
$18K
Total: $300K
Total Grants
14
Total Giving
$83K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
10
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Perot Museum Of Nature & ScienceUNRESTRICTED GENERAL | Dallas, TX | $5K | 2022 |
| Jesuit College Preparatory SchoolSUPPORT 2022 AUCTION SILVER | Dallas, TX | $5K | 2022 |
| 287 R C Fire And RescueUNRESTRICTED GENERAL | Corsicana, TX | $10K | 2021 |
| The Catholic FoundationFOR THE UNRESTRICTED | Dallas, TX | $10K | 2021 |
| Fenwick High SchoolUNRESTRICTED GENERAL | Oak Park, IL | $5K | 2021 |
| Young America'S FoundationUNRESTRICTED GENERAL | Reston, VA | $3K | 2021 |
| Dallas Museum Of ArtUNRESTRICTED GENERAL | Dallas, TX | $3K | 2021 |
| Ymca Of Metropolitan Dallas FoundationSUPPORT SEMONES FAMILY YMCA | Dallas, TX | $1K | 2021 |
| St Jude Children'S Research HospitalUNRESTRICTED GENERAL | Memphis, TN | $1K | 2021 |
| Ymca Of Metropolitan DallasSUPPORT SEMONES FAMILY YMCA | Dallas, TX | $500 | 2020 |