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THE SMITH FAMILY FOUNDATION INC

Carmel, IN Tax ID: 35-2015637

The Smith Family Foundation Inc, located in Carmel, Indiana, has assets of over $38 million and supports various cities across the U.S., with leadership from Lonnie M. Smith, Cheryl D. Smith, and Jeffrey H. Thomasson, who serve without compensation.

About THE SMITH FAMILY FOUNDATION INC

Comprehensive foundation profile based on the most recent IRS Form 990 filing

The Smith Family Foundation Inc, based in Carmel, Indiana, is a philanthropic organization with assets totaling $38,341,732. In the most recent fiscal year, the foundation reported expenses of $4,263,447 and revenue of $4,496,056. The foundation supports a wide range of cities across the United States, including major urban centers like New York, San Francisco, and Miami, as well as smaller communities. It operates in numerous states such as California, Texas, and Washington, but does not specify particular subject areas of focus. The foundation is led by a board of directors, including Lonnie M. Smith as President, Cheryl D. Smith as Vice-President, and Jeffrey H. Thomasson as Secretary and Treasurer, all of whom serve without compensation.

Focus Areas

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Geographic Focus

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Key Statistics
Total Assets $38.3M
Total Awarded This Year $4.2M
Average Grant Size $233
Total Grants (Previous Year) 17,290
Open to New Applicants
% New Applicants Funded
Contact Information
Carmel, IN
Geographic Funding Distribution

Financials

Total Assets
$38.3M

+2.6% from previous year

Annual Grants
$4.2M

72 grants awarded in 2024

Expense Ratio
94.8%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$500,000KHAN ACADEMYGENERAL SUPPORT OF CHARITYMountain view, CA, US2022
$500,000KAHN ACADEMYGENERAL SUPPORT OF CHARITYMountain view, CA, US2023
$500,000KAHN ACADEMYGENERAL SUPPORT OF CHARITYMountain view, CA, US2024
$360,000LDS PHILANTHROPIESGENERAL SUPPORT OF HUMANITARIAN FUND, FAMILY SEARCH AND PERPETURAL EDUCATION FUNDProvo, UT, US2024
$250,000BRIGHAM AND WOMEN'S HOSPITALGENERAL SUPPORT OF CHARITYBoston, MA, US2022
$250,000MENON FAMILY FOUNDATIONGENERAL SUPPORT OF CHARITYBloomfield twp, MI, US2022
$250,000BRIGHAM AND WOMEN'S HOSPITALGENERAL SUPPORT OF CHARITYBoston, MA, US2023
$250,000BRIGHAM YOUNG UNIVERSITY-IDAHOGENERAL SUPPORTRexburg, ID, US2024
$200,000BRIGHAM YOUNG UNIVERSITY-IDAHOSUPPORT OF PATHWAY PROGRAMRexburg, ID, US2024
$175,000LDS PHILANTHROPIESGENERAL SUPPORT OF HUMANITARIAN FUND, FAMILY SEARCH AND PERPETURAL EDUCATION FUNDProvo, UT, US2022

People

Leadership & Staff

Compensation data from most recent available 990 forms

LM

LONNIE M SMITH

DIRECTOR/PRESIDENT

$0 2024
CD

CHERYL D SMITH

DIRECTOR/VICE-PRESIDENT

$0 2024
JH

JEFFREY H THOMASSON

DIRECTOR/SECRETARY & TREAS

$0 2024
Showing 3 of 3 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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