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Filing year 2024

BILL & LOIS SMITH FAMILY FOUNDATION

Allegan, Michigan·EIN 38-3472742·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$342k
Total assets
$4.4M
Total expenses
$363k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. BILL & LOIS SMITH FAMILY FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Treasurer, T
Secretary, T
Vice Preside

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$302k

Itemized grants

24

Median grant

$9k

RecipientLocationPurposeAmount
FIRST BAPTIST CHURCHALLEGAN, MIOPERATIONS$44k
CAMP BEECHPOINT INCALLEGAN, MIOPERATIONS$42k
BILLY GRAHAM EVANGELICAL ASSOCCHARLOTTE, NCOPERATIONS$25k
LEAD INCGRANDVILLE, MIOPERATIONS$24k
LOVE INCMUSKEGON, MIOPERATIONS$13k
WOMEN AT RISKWYOMING, MIOPERATIONS$13k
LIFE OUTREACH INTERNATIONALFORTH WORTH, TXOPERATIONS$12k
THE MAIL BOX CLUBVALDOSTA, GAOPERATIONS$10k
KALAMAZOO GOSPEL MINISTRIESKALAMAZOO, MIOPERATIONS$10k
COMPASSION INTERNATIONALCOLORADO SPRINGS, COOPERATIONS$9k
FILTERS OF HOPETUSCALOOSA, ALOPERATIONS$9k
BIG CREEK MISSIONSBEAR BRANCJ, KYOPERATIONS$9k
INTERNATIONAL FELLOWSHIP OF CHRISTIWASHINGTON, DCOPERATIONS$9k
CHILD EVANGELISM FELLOWSHIPWARRENTON, MOOPERATIONS$8k
SALVATION ARMYHOLLAND, MIOPERATIONS$8k
BIBLE VISUALS INTERNATIONALAKRON, PAOPERATIONS$8k
SAFE FAMILIES FOR CHRISTIAN SW MICHKALAMAZOO, MIOPERATIONS$8k
WYCLIFFE BIBLE TRANSLATORSORLANDO, FLOPERATIONS$7k
PRISON FELLOWSHIPLANSDOWNE, VAOPERATIONS$7k
THE CONGREGATIONAL KITCHENALLEGAN, MIOPERATIONS$7k
BIBLE TRACTSBLOOMINGTON, ILOPERATIONS$6k
BANGLA MINISTRIESGRAND RAPIDS, MIOPERATIONS$6k
BETHANY CHRISTIAN SERVICESGRAND RAPIDS, MIOPERATIONS$5k
BIBLICAL COUNSELING MINISTRIESPEORIA, ILOPERATIONS$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

BILL & LOIS SMITH FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$259k
$331k
2023
$342k
$363k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

BILL & LOIS SMITH FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Michigan earns a median of $25,000.

25th percentile
$7k
Median
$25,000
75th percentile
$65k
90th percentile
$147k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 732 organizations across 732 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Michigan
FAQ

Common questions about BILL & LOIS SMITH FAMILY FOUNDATION

What are BILL & LOIS SMITH FAMILY FOUNDATION's revenue and expenses?

In 2024, BILL & LOIS SMITH FAMILY FOUNDATION reported $342k in total revenue and $363k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.