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Also known as: C/O WILMINGTON TRUST COMPANY
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The Smith Foundation is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 1992. The principal officer is Wilmington Trust Co Ttee Aa Smith Jr. It holds total assets of $2.1M. Annual income is reported at $1.8M. Total assets have grown from $833K in 2011 to $2.1M in 2023. The foundation is governed by 3 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. According to available records, The Smith Foundation has made 13 grants totaling $328K, with a median grant of $10K. Annual giving has grown from $44K in 2020 to $140K in 2023. Grantmaking activity was highest in 2022 with $144K distributed across 2 grants. Individual grants have ranged from $500 to $100K, with an average award of $25K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in Connecticut and New York. 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.
The Smith Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in CT, NY.
The Smith Foundation has distributed a total of $328K across 13 grants. The median grant size is $10K, with an average of $25K. Individual grants have ranged from $500 to $100K.
The Smith Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Smith Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Margaret J Smith | ADVISOR | $0 | $0 | N/A |
| Whitney Smith | ADVISOR | $0 | $0 | N/A |
| Roger K Smith | ADVISOR | $0 | $0 | N/A |
Total Giving
$142K
Total Assets
$2.1M
Fair Market Value
$4.2M
Net Worth
$2.1M
Grants Paid
$140K
Contributions
$2.6M
Net Investment Income
$143K
Distribution Amount
$179K
Total: $2M
Total Grants
13
Total Giving
$328K
Average Grant
$25K
Median Grant
$10K
Unique Recipients
11
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hotchkiss SchoolGENERAL PURPOSE | Lakeville, CT | $100K | 2023 |
| Adirondack Medical Center FoundationGENERAL PURPOSE | Saranac Lake, NY | $10K | 2023 |
| Northern Dutchess HospitalGENERAL PURPOSE | New York, NY | $10K | 2023 |
| Adirondack Land Trust IncGENERAL PURPOSE | Keene, NY | $10K | 2023 |
| Adirondack FoundationGENERAL PURPOSE | Lake Placid, NY | $5K | 2023 |
| Mercy Care For The Adirondacks IncGENERAL PURPOSE | Lake Placid, NY | $1K | 2023 |
| Lake Placid North ElbaGENERAL PURPOSE | Lake Placid, NY | $1K | 2023 |
| Lake Placid Forum For The ArtsGENERAL PURPOSE | Lake Placid, NY | $1K | 2023 |
| Lake Placid Public LibraryGENERAL PURPOSE | Lake Placid, NY | $1K | 2023 |
| Foote School Association IncGENERAL PURPOSE | New Haven, CT | $500 | 2023 |
| Hotchkiss School Annual FundGENERAL PURPOSE | Lakeview, CT | $44K | 2020 |