Comprehensive foundation profile based on the most recent IRS Form 990 filing
The SMART FAMILY FOUNDATION OF NEW YORK is a philanthropic organization based in New Rochelle, NY, with assets totaling approximately $49.8 million. The foundation's annual expenses are around $3.67 million, with a revenue of about $3.53 million. It supports a wide range of cities across the United States, including major urban centers like New York, Chicago, and San Francisco, as well as smaller towns. The foundation funds initiatives in various states such as California, Connecticut, Florida, and Texas, among others. Key personnel include Mary Smart, who serves as Chair, Secretary, and Director, and David Stone, who is the President, Treasurer, and Director, both receiving a compensation of $112,500 for 15 hours of work per week. Jim Danatos is also a Director, compensated $27,500 for 5 hours of work per week. The foundation does not specify particular subject areas of focus on its public records.
Focus Areas
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Financials
+2.6% from previous year
78 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $200,000 | FRACTURED ATLAS INC | RUTKA | Hartsdale, NY, US | 2022 |
| $175,000 | NEW YORK UNIVERSITY | NYU SCHOOL OF LAW BOIES PRIZE | New york, NY, US | 2024 |
| $150,000 | NEW YORK UNIVERSITY | JONATHAN BOIES MEMORIAL FUND | New york, NY, US | 2022 |
| $150,000 | NEW YORK UNIVERSITY | JONATHAN BOIES MEMORIAL FUND | New york, NY, US | 2023 |
| $150,000 | AMERICAN JEWISH COMMITTEE | GENERAL SUPPORT | New york, NY, US | 2024 |
| $150,000 | PEF ISRAEL ENDOWMENT FUNDS INC | GENERAL OPERATIONS | New york, NY, US | 2024 |
| $125,000 | AMERICAN FRIENDS OF HEBREW UNIVERSITY | HEBREW UNIVERSITY OF JERUSALEM INITIATIVE | New york, NY, US | 2022 |
| $125,000 | NEW JERSEY PERFORMING ARTS CENTER | GENERAL OPERATING | Newark, NJ, US | 2022 |
| $125,000 | NEW JERSEY PERFORMING ARTS CENTER | GENERAL OPERATING | Newark, NJ, US | 2023 |
| $125,000 | NEW JERSEY PERFORMING ARTS CENTER | SUPPORT PROGRAMMING DURING THE ARTS CENTER 2023-2024 SEASON | Newark, NJ, US | 2024 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
MS
MARY SMART
| CHAIR,SECRETARY AND DIRECT | $112,500 | 2024 |
DS
DAVID STONE
| PRESIDENT,TREASURER AND DI | $112,500 | 2024 |
JD
JIM DANATOS
| DIRECTOR | $27,500 | 2024 |
MARY SMART
CHAIR,SECRETARY AND DIRECT
DAVID STONE
PRESIDENT,TREASURER AND DI
JIM DANATOS
DIRECTOR
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025