501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $194K a year · 86% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
990-PF Pt I · 6 filings
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$248K
-55% vs prior year
Spent
$619K
Net assets
$3.4M
By yearFY2020–FY2025
Revenue
$248K
FY2021▼ -55%
Tap a bar for its year
Revenue by fiscal year
FY2020$546K
FY2021$248K
FY2022$72K
FY2023$86K
FY2024$200K
FY2025$207K
Expenses
$619K
FY2021▲ +102%
Tap a bar for its year
Expenses by fiscal year
FY2020$307K
FY2021$619K
FY2022$134K
FY2023$569K
FY2024$640K
FY2025$257K
Net assets
$3.4M
FY2021▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.2M
FY2021$3.4M
FY2022$2.6M
FY2023$2.4M
FY2024$2.3M
FY2025$2.3M

From the FY2021 Form 990 (year ending September 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 95% · $590K Operating & administrative 5% · $29K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

See The Matthew & Tracy Smith Foundation executive salaries →

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Programs and updates

A private foundation based in Boca Raton, FL.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 19 grants · $245K · 2024–2024
Glam4good FoundationFY2024$50,000
The Palm Beach Police & Fire Foundation INCFY2024$32,500
West Palm Golf Community Trust INCFY2024$25,000
Navy Seal FoundationFY2024$20,000
National Navy Seal MuseumFY2024$20,000
Palm Beach Civic Association INCFY2024$15,000
Uc San Diego FoundationFY2024$12,500
South Florida Pga FoundationFY2024$10,000
Individual RecipientFY2024$10,000
Yellowstone Club Community FoundationFY2024$10,000
The Society of the Four Arts INCFY2024$10,000
Temple Emanu-El of Palm Beach INCFY2024$9,435
Adopt-A-Family of the Palm Beaches INCFY2024$5,500
Loggerhead Marinelife CenterFY2024$5,000
Oxbridge Academy of the Palm BeachesFY2024$4,000
Friends of RecreationFY2024$4,000
Town of Palm Beach United Way INCFY2024$1,000
Individual RecipientFY2024$500
See all 19 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$13K
Median grantPart XV$10K
Largest grantPart XV$50K

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$248K
Investment income$247K
Other income$983
Money out
$619K
Grants paid$590K
Running costs$29K
Owns and owes
$3.4M
net assets
Cash and savings$41K
Total assets$3.4M
Liabilities$0
2In more detail
Revenue in detail
Investment income$247K
Other income$983
Total revenue$248K
Assets in detailEnd of year
Cash and savings together$41K
Total assets$3.4M
Liabilities$0
Net assets$3.4M
Operations
Fiscal year endsSeptember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $207K$257K−$49K$2.3M 990 PDF
FY2024 $200K$640K−$439K$2.3M 990 PDF
FY2023 $86K$569K−$483K$2.4M 990 PDF
FY2022 $72K$134K−$62K$2.6M 990 PDF
FY2021 Viewing $248K$619K−$371K$3.4M 990 PDF
FY2020 $546K$307K$238K$3.2M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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