Smart Family Fund

Organization Overview

Smart Family Fund is located in Lisle, IL. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smart Family Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Smart Family Fund generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Smart Family Fund has awarded 70 individual grants totaling $2,670,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ruane Cunniff & Goldfarb Inc
$183,822
First Manhattan
$87,603
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $874,000
Net Rental Income$0
Net Gain on Sale of Assets $3,165,617
Capital Gain Net Income $3,165,617
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $4,039,617

Grants Awarded

Over the last fiscal year, Smart Family Fund has awarded $1,370,500 in support to 36 organizations.

Grant RecipientAmount

HORIZONS NATIONAL STUDENT ENRICHMENT PROGRAM INC

Org PageRecipient Profile

Westport, CT

PURPOSE: HORIZONS NATIONAL SUPPORT

$200,000

San Francisco, CA

PURPOSE: INITIAL FUNDING REQUEST

$100,000

VOTINGWORKS

PURPOSE: CAPACITY BUILDING

$100,000

LET'S GET READY INC

Org PageRecipient Profile

New York, NY

PURPOSE: LETS GET READY GENERAL SUPPORT

$85,000

KICKSTART INTERNATIONAL INC

PURPOSE: KICKSTART GENERAL SUPPORT

$69,500

Bronx, NY

PURPOSE: PER SCHOLAS ONGOING GRANT

$60,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Smart Family Fund has recieved totaling $26,185,402.

Awarding OrganizationAmount
The Smart Family Foundation Inc

New Rochelle, NY

PURPOSE: EXCLUSIVELY RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501( C )(3) OF THE INTERNAL REVENUE CODE

$26,185,402
View Grant Recipient Profile

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