The Michael & Patricia Smith Foundation

EIN 954765933 Private Foundation

Lake Success, NY 11042 |(323) 681-5571

Total Given 2016–2024
$1.0M
386 grants · $115K avg/year
based on 9 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$2K
typical micro grants · $1K–$2K
grant size
41%
supporter · 72/174 multi-year
repeat
$456K
Assets (2024)
174
Distinct Recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending August 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $277,500. This amount represents 25% or more of the Foundation's net assets of $681,212 (as measured by fair market value) at the beginning of the Foundation's taxable year ending August 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Education Arts & Culture

Application Information

Accepts Unsolicited Proposals No. Preselected Only
Phone (323) 681-5571

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $74K $1.2M $48K 40
2017 $64K $1.2M $10K 35
2018 $82K $1.2M $89K 32
2020 $63K $1.1M $58K 29
2021 $71K $1.2M $60K 46
2022 $162K $896K $107K 73
2023 $240K $681K $101K 59
2024 $278K $456K $106K 72

Grant Size Distribution

Based on 386 grants on record

Minimum
$250
25th Pctl
$1K
Median
$2K
Average
$3K
75th Pctl
$2K
Maximum
$55K

Geographic Distribution


Texas Counties Served

0.3% of US grants · Rank #8 of 13 states $500 across 1 grant 1 of 254 counties

Top 1 counties

  1. 1 El Paso 1 grant · $500

Officers & Directors

Grants Awarded (386 total)

Purpose
St Bede Catholic School La Canada Flt, CA $55,000 Scholarship Fund 2023
Verbum Dei High School Los Angeles, CA $32,000 Scholarship Fund 2024
St Francis High School of La Canada Flintridge La Canada, CA $25,000 Scholarship Fund 2024
Holy Family Cathedral School Orange, CA $24,000 Scholarship Fund 2023
Holy Family Cathedral School Orange, CA $20,000 Scholarship fund 2020
Roman Archbishop of Los Angeles a Corporation Sole Los Angeles, CA $20,000 Cardinal's Award for Good Shepherds Center & Good shepherd shelter 2023
Holy Family Cathedral School Orange, CA $20,000 Scholarship Fund 2022
Holy Family Cathedral School Orange, CA $18,000 Scholarship Fund 2018
Holy Family Cathedral School Orange, CA $16,000 Scholarship fund 2023
Holy Family Cathedral School Orange, CA $15,000 Scholarship Fund 2024
Loyola High School of Los Angeles Los Angeles, CA $15,000 Scholarship Fund 2024
St Bede Catholic School La Canada Flt, CA $15,000 2024 Scholarship Fund 2024
The Roman Catholic Archbishop of Los Angeles a Co Los Angeles, CA $15,000 Bishop's Transportation Fund 2024
Jesuits West Los Gatos, CA $12,000 General & Unrestricted 2024
Mater Dei High School Santa Ana, CA $10,000 Scholarship Fund 2024
Saint Edward Retreat Center La Canada, CA $10,000 General & Unrestricted 2022
St Francis High School of La Canada Flintridge La Canada, CA $10,000 Scholarship Fund 2022
Mount Saint Marys University Los Angeles, CA $9,500 General & Unrestricted 2016
Flintridge Sacred Heart Academy La Canada, CA $8,000 Scholarship Fund 2023
Loyola High School of Los Angeles Los Angeles, CA $8,000 Scholarship Fund 2023
Sovereign Order of Malta-Western Association San Francisco, CA $7,650 General & Unrestricted 2016
Dolores Mission Los Angeles, CA $7,500 General & Unrestricted 2021
St Lawrence of Brindisi Los Angeles, CA $7,500 General & Unrestricted 2022
St John Chrysostom Catholic Church Inglewood, CA $7,000 General & Unrestricted 2023
Sisters of Saint Joseph of Carondelet Los Angeles, CA $7,000 St. Joseph Worker Program 2022

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