Smith Brothers Family Foundation Inc
Smith Brothers Family Foundation Inc is a private family foundation based in Louisville, Kentucky. Established in April 2020, the foundation manages substantial assets and operates as a 501(c)(3) organization designated for philanthropic and grantmaking purposes. The foundation does not maintain a public website or specified subject area focus, but has demonstrated broad grantmaking activity across multiple states and cause areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$89.7M
+126.7% YoY
Annual Giving
$1.9M
+12.2% YoY
Grant Count
16
-23.8% YoY
Avg Grant Size
$119K
+47.2% YoY
Under IRS private-foundation payout rules, Smith Brothers Family Foundation Inc reported a distributable amount of $3.1M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, based on grantmaking patterns, the foundation supports a diverse range of causes including children's services, community foundations, health organizations, family support services, education, and human services. Geographic distribution of grants spans multiple states including Florida, New York, Virginia, and others.
Grantmaking
No public application guidelines or formal application process information is available. The foundation does not specify particular subject areas of focus in public materials.
Grant Range
approximately $80,868
Average Grant
approximately $80,868
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation supports organizations across multiple states including:
- District of Columbia
- Florida
- Georgia
- Hawaii
- Illinois
- Kentucky
- New York
- Ohio
- Pennsylvania
- Rhode Island
- Utah
- Virginia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- 2024: $89,729,261
- 2023: $39.6 million
Annual Giving & Revenue:
- 2024 Total Revenue: $56,326,109 (primarily from contributions of $50.1 million)
- 2024 Total Expenses: $2,429,916
- 2023 Total Giving: $1,698,236
- 2023 Total Revenue: $2.66 million
- 2023 Total Expenses: $2.62 million
Efficiency: The foundation maintains high charitable efficiency, with 82.8% of expenses directed to charitable disbursements.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $89,729,261 | $39,585,568 | $35,319,384 |
| Revenue | $56,326,109 | $3,163,119 | $-232,204 |
| Expenses | $2,429,916 | $3,069,073 | $1,587,509 |
| Qualifying Distributions | $2,012,711 | $1,846,072 | $1,026,955 |
| Net Investment Income | $5,805,473 | $1,940,118 | $1,117,247 |
| Distributable Amount | $3,103,670 | $1,821,434 | $1,827,272 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
56 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Palm Beach Community Foundation ($1,805,059), Brown University ($25,000), World Series of Golf Fdtn ($11,701).
| Recipient | Purpose | Amount |
|---|---|---|
| ADOPT A FAMILY LAKE WORTH, FL | TO SUPPORT ADOPT A FAMILY | $6,000 |
| BIG DOG RANCH RESCUE LOXAHATCHEE GROVES, FL | DONATION TO RESCUE AND REHABILITATE DOGS | $6,415 |
| BROWN UNIVERSITY PROVIDENCE, RI | TO SUPPORT BROWN UNIVERSITY | $25,000 |
| LEUKEMIA & LYMPHOA RYE BROOK, NY | DONATION FOR BLOOD CANCER RESEARCH | $1,250 |
| PALM BEACH COMMUNITY FOUNDATION WEST PALM BEACH, FL | TO SUPPORT PALM BEACH COMMUNITY FOUNDATION | $1,805,059 |
| SELFLESS LOVE FOUNDATION JUPITER, FL | TO SUPPORT SELFLESS LOVE FOUNDATION | $10,000 |
| EDNA W RUNNER JUPITER, FL | DONATION TO YOUNG PEOPLE FOR EDUCATIONAL PROGRAMS | $5,000 |
| HEALTHCORPS NEW YORK, NY | DONATION TO SUPPORT TEEN HEALTH | $5,000 |
| NATIONALMALLORG WASHINGTON, DC | DONATION TO THE WASHINGTON NATIONAL MALL | $3,000 |
| PIPER'S ANGELS FOUNDATION JUPITER, FL | DONATION TO SUPPORT PEOPLE WITH CYSTIC FIBROSIS | $500 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by family members serving without compensation:
- Scott S. Smith – President
- Sean S. Smith – Vice President
- Shandralyn D. Smith – Treasurer
- Victoria A. Smith – Secretary
- Barry C. Brauch – Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SCOTT S SMITH | PRESIDENT | 1 | — |
| SEAN S SMITH | VICE-PRESIDENT | 1 | — |
| SHANDRALYN D SMITH | TREASURER | 1 | — |
| VICTORIA A SMITH | SECRETARY | 1 | — |
| BARRY C BRAUCH | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has demonstrated increased grantmaking activity in 2024, with significant contributions to community organizations. Recent grants include support for Catholic Charities initiatives addressing human trafficking and facility repairs, as well as substantial funding to the Palm Beach Community Sailing Foundation. The foundation's 2024 revenue increased substantially to $56.3 million, indicating strong ongoing family support and commitment to expanded philanthropic activities.
Smith Brothers Family Foundation Inc - HinchillaContact Information
Address: 201 E Jefferson Street, Suite 150 Louisville, KY 40202
Phone: (859) 494-0523
EIN: 84-3726366
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Smith Brothers Family Foundation Inc fund?
The foundation has not publicly provided a formal mission statement. However, based on grantmaking patterns, the foundation supports a diverse range of causes including children's services, community foundations, health organizations, family support services, education, and human services. Geographic distribution of grants spans multiple states including Florida, New York, Virginia, and others.
How do I apply for a grant from Smith Brothers Family Foundation Inc?
**Grant Activity:** • 2023: 21 grants awarded totaling approximately $1.7 million • 2024: Multiple grants awarded including significant contributions to community organizations • Average grant size: approximately $80,868 • Grant range: $10,000 to $1,805,059 • Median grant: $1,000 **Recent Grants (2024):** • Palm Beach Community Sailing Foundation: $1,805,059 • Brown University: $25,000 • World Series of Golf Foundation: $11,701 • Catholic Charities of the Diocese of Palm Beach: $30,000 (roof re…
Where does Smith Brothers Family Foundation Inc make grants?
The foundation supports organizations across multiple states including: • District of Columbia • Florida • Georgia • Hawaii • Illinois • Kentucky • New York • Ohio • Pennsylvania • Rhode Island • Utah • Virginia
What size grants does Smith Brothers Family Foundation Inc award?
In 2024, Smith Brothers Family Foundation Inc awarded 16 grants totaling $1.9M — an average of about $119K per grant, based on its IRS Form 990 filings.
How much is Smith Brothers Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Smith Brothers Family Foundation Inc reported a distributable amount of $3.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Smith Brothers Family Foundation Inc's EIN?
Smith Brothers Family Foundation Inc's EIN (Employer Identification Number) is 84-3726366. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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