The Matthew & Tracy Smith Foundation
Preselected recipients only
The Matthew & Tracy Smith Foundation is a private foundation in Boca Raton, Florida. In tax year 2024 it gave $244,835 in 19 grants; the typical grant was $10,000 and the largest $50,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$244,835
- Number of grants19
- Typical grant$10,000
- Largest grant$50,000
- Assets$2.3 million
- New grantees53%
Giving in 2024 was down from $630,200 the year before.
53% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $558,167 | 9 | $2.4 million |
| 2023 | $630,200 | 11 | $2.3 million |
| 2024 | $244,835 | 19 | $2.3 million |
How to apply
The Matthew & Tracy Smith Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Matthew & Tracy Smith Foundation funds
Where it gives
Its grants went to recipients in 6 states, the most to Florida.
| State | Grants | Amount |
|---|---|---|
| Florida | 13 | $141,835 |
| New York | 2 | $60,000 |
| Virginia | 1 | $20,000 |
| California | 1 | $12,500 |
| Montana | 1 | $10,000 |
| North Carolina | 1 | $500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| GLAM4GOOD Foundation | General purpose | $50,000 |
| The Palm Beach Police & Fire Foundation Inc | General purpose | $32,500 |
| West Palm Golf Community Trust Inc | General purpose | $25,000 |
| National Navy Seal Museum | General purpose | $20,000 |
| Navy Seal Foundation | General purpose | $20,000 |
| Palm Beach Civic Association Inc | General purpose | $15,000 |
| Uc San Diego Foundation | General purpose | $12,500 |
| The Society of the Four Arts Inc | General purpose | $10,000 |
| Yellowstone Club Community Foundation | General purpose | $10,000 |
| Robin Hood | General purpose | $10,000 |
| South Florida Pga Foundation | General purpose | $10,000 |
| Temple Emanu-El of Palm Beach Inc | General purpose | $9,435 |
| Adopt-A-Family of the Palm Beaches Inc | General purpose | $5,500 |
| Loggerhead Marinelife Center | General purpose | $5,000 |
| Friends of Recreation | General purpose | $4,000 |
| Oxbridge Academy of the Palm Beaches | General purpose | $4,000 |
| Town of Palm Beach United Way Inc | General purpose | $1,000 |
| Glenville Cashiers Rescue Squad | General purpose | $500 |
| Live Like Bella Foundation | General purpose | $400 |
Officers and trustees
- Matthew Smith
- Tracy Smith
Questions people ask
Does The Matthew & Tracy Smith Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Matthew & Tracy Smith Foundation give?
$244,835 in tax year 2024, across 19 grants, with a typical grant of $10,000.
Who runs The Matthew & Tracy Smith Foundation?
Its 2024 filing lists Matthew Smith (Trustee) and Tracy Smith (Trustee).
What does The Matthew & Tracy Smith Foundation fund?
Based on its grants, mainly community development and arts and culture.