Skip to main content
Filing year 2024

LOUIS & MARY KAY SMITH FAMILY FOUNDATION INC

Houston, Texas·EIN 45-2632241·NTEE B82 · Education·501(c)(3)
Total revenue
$517k
Total assets
$1.1M
Total expenses
$479k
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Texas.

Vice President
Board Vice President
10th to 25th percentile
$30k
$31k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LOUIS & MARY KAY SMITH FAMILY FOUNDATION INC equaled 6% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
6%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$425k

Itemized grants

58

Median grant

$4k

RecipientLocationPurposeAmount
CROSSLAKE PRESBYTERIAN CHURCHCROSSLAKE, MNCHURCH$31k
MEDFIELD FOUNDATION INCLEGACY FUND CO MEDFIELD TOWN HOUSEMEDFIELD, MAEDUCATION$30k
LAGRANGE COLLEGELAGRANGE, GAEDUCATION$25k
SAINT OLAF COLLEGENORTHFIELD, MNEDUCATION$25k
SAINT THOMAS PRESBYTERIAN CHURCHHOUSTON, TXCHURCH$25k
RICE UNIVERSITYWILLIAM MARSH RICE UNIVERSITYHOUSTON, TXEDUCATION$23k
AUSTIN CLASSICAL GUITAR SOCIETYAUSTIN, TXEDUCATION$15k
ROTARY CLUB OF HOUSTON HEIGHTS CHARITABLE FOUNDATION INCHOUSTON, TXEDUCATION$13k
AUSTIN CHAMBER MUSIC CENTER DEVELOPMENT DEPARTMENTAUSTIN, TXEDUCATION$10k
BALLET AUSTINAUSTIN, TXEDUCATION$10k
CASA MARIANELLAAUSTIN, TXPOVERTY ISSUES$10k
THE LAKE FOUNDATIONNISSWA, MNEDUCATION$10k
OUT YOUTH AUSTINAUSTIN, TXGENERAL SUPPORT$10k
SEVEN DREAMS EDUCATION FOUNDATIONPLYMOUTH, MNEDUCATION$9k
LAKEVIEW ELEMENTARY SCHOOLROBBINSDALE, MNEDUCATION$8k
CORNELL UNIVERSITYBOONE, IAEDUCATION$8k
MICAH 6 OF AUSTIN TEXAS UNIVERSITY PRESBYTERIAN CHURCHAUSTIN, TXPOVERTY ISSUES$6k
THE LIFT GARAGEMINNEAPOLIS, MNPOVERTY ISSUES$6k
EVERY MEALROSEVILLE, MNPOVERTY ISSUES$6k
HOPEWELL MUSIC COOPERATIVE NORTHMINNEAPOLIS, MNEDUCATION$6k
PAGE EDUCATION FOUNDATIONMINNEAPOLIS, MNEDUCATION$6k
PEOPLE SERVING PEOPLEMINNEAPOLIS, MNPOVERTY ISSUES$6k
CINE LAS AMERICASAUSTIN, TXEDUCATION$5k
COOPER ROBOTICS BOOSTER CLUBGOLDEN VALLEY, MNEDUCATION$5k
LUTHERAN SOCIAL SERVICE OF MINNESOTACAMP KNUTSONMINNEAPOLIS, MNCHURCH$5k
Compare this foundation's grantees

Held steady
from 2023

From $30k in 2023 to $30k in 2024.

$30k
2023
$30k
2024
In today's dollarsEst.
Down 2% in real terms$32k to $31k

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Vice President pay held roughly steady from 2023 to 2024, while revenue rose 45%.

$30k in 2023 to $30k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LOUIS & MARY KAY SMITH FAMILY FOUNDATION INC

What does the Board Vice President of LOUIS & MARY KAY SMITH FAMILY FOUNDATION INC earn?

In 2024, the Board Vice President of LOUIS & MARY KAY SMITH FAMILY FOUNDATION INC received $30,032 in total compensation. This pay is in the bottom quarter for Board Vice President roles among Education organizations in Texas, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at LOUIS & MARY KAY SMITH FAMILY FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in Texas, the 2024 pay of the Board Vice President at LOUIS & MARY KAY SMITH FAMILY FOUNDATION INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at LOUIS & MARY KAY SMITH FAMILY FOUNDATION INC equaled 6% of the organization's total expenses. The median for education organizations is 7%.

What are LOUIS & MARY KAY SMITH FAMILY FOUNDATION INC's revenue and expenses?

In 2024, LOUIS & MARY KAY SMITH FAMILY FOUNDATION INC reported $517k in total revenue and $479k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

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