Thomas M And Carol F Smith Family Foundation Inc

Boise, ID
Tax exemption issued: Aug. 1997
EIN: 82-0496334

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2025

Revenue

$11,240

Expenses

$27,572

Net Income

-$16,332

Net Assets

$307,610

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2	0.0%
Dividends	$8,937	79.5%
Sales of Assets	$2,301	20.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,407	59.5%
Compensation of Officers*	$4,800	17.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$307,610
Total Liabilities	$0
Net Assets	$307,610

Compensation

Key Employees and Officers	Compensation	Other
Denise C Smith (President)	$4,800	$0
Bryan L Palfreyman (Secretarytreasurer)	$0	$0
Mark T Smith (Vice President)	$0	$0

990-PF

Filed on March 21, 2026

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2024

Revenue

$155,418

Expenses

$16,892

Net Income

$138,526

Net Assets

$323,942

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$85	0.1%
Dividends	$8,616	5.5%
Sales of Assets	$145,867	93.9%
Other Income	$850	0.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,400	49.7%
Compensation of Officers*	$6,400	37.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$323,942
Total Liabilities	$0
Net Assets	$323,942

Compensation

Key Employees and Officers	Compensation	Other
Denise C Smith (President)	$6,400	$0
Bryan L Palfreyman (Secretarytreasurer)	$0	$0
Mark T Smith (Vice President)	$0	$0

990-PF

Filed on March 21, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$3,557

Expenses

$20,830

Net Income

-$17,273

Net Assets

$185,416

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$82	2.3%
Dividends	$6,303	> 100%
Sales of Assets	-$2,828
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,705	41.8%
Compensation of Officers*	$9,600	46.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$185,416
Total Liabilities	$0
Net Assets	$185,416

Compensation

Key Employees and Officers	Compensation	Other
Denise C Smith (President)	$9,600	$0
David L Palfreyman (Director)	$0	$0
Mark T Smith (Vice President)	$0	$0

990-PF

Filed on March 23, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

-$10,318

Expenses

$23,867

Net Income

-$34,185

Net Assets

$202,689

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$56
Dividends	$5,090
Sales of Assets	-$15,464
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$10,069	42.2%
Compensation of Officers*	$9,600	40.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$202,689
Total Liabilities	$0
Net Assets	$202,689

Compensation

Key Employees and Officers	Compensation	Other
Denise C Smith (Secretarytresurer)	$9,600	$0
Carol F Smith (President)	$0	$0
David L Palfreyman (Director)	$0	$0
Mark T Smith (Vice President)	$0	$0

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990-PF

Filed on March 9, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$71,448

Expenses

$19,387

Net Income

$52,061

Net Assets

$236,874

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3	0.0%
Dividends	$16,032	22.4%
Sales of Assets	$55,413	77.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,986	46.4%
Compensation of Officers*	$9,600	49.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$236,874
Total Liabilities	$0
Net Assets	$236,874

Compensation

Key Employees and Officers	Compensation	Other
Denise C Smith (Secretarytresurer)	$9,600	$0
Carol F Smith (President)	$0	$0
David L Palfreyman (Director)	$0	$0
Mark T Smith (Vice President)	$0	$0

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990-PF

Filed on March 3, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$5,570

Expenses

$26,854

Net Income

-$21,284

Net Assets

$184,812

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$34	0.6%
Dividends	$5,536	99.4%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$14,944	55.6%
Compensation of Officers*	$9,717	36.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$184,813
Total Liabilities	$1
Net Assets	$184,812

Compensation

Key Employees and Officers	Compensation	Other
Denise C Smith (Secretarytresurer)	$9,717	$0
Carol F Smith (President)	$0	$0
David L Palfreyman (Director)	$0	$0
Mark T Smith (Vice President)	$0	$0

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990-PF

Filed on March 11, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$7,108

Expenses

$31,743

Net Income

-$24,635

Net Assets

$206,096

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$484	6.8%
Dividends	$6,624	93.2%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$20,004	63.0%
Compensation of Officers*	$9,528	30.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$206,097
Total Liabilities	$1
Net Assets	$206,096

Compensation

Key Employees and Officers	Compensation	Other
Denise C Smith (Secretarytresurer)	$9,528	$0
Carol F Smith (President)	$0	$0
David L Palfreyman (Director)	$0	$0
Mark T Smith (Vice President)	$0	$0

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990-PF

Filed on March 14, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$5,917

Expenses

$27,774

Net Income

-$21,857

Net Assets

$230,732

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$500	8.5%
Dividends	$3,047	51.5%
Sales of Assets	$0
Other Income	$2,370	40.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$18,950	68.2%
Compensation of Officers*	$5,100	18.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$230,732
Total Liabilities	$0
Net Assets	$230,732

Compensation

Key Employees and Officers	Compensation	Other
Carol F Smith (President)	$0	$0
David L Palfreyman (Director)	$0	$0
Mark T Smith (Vice President)	$0	$0
Denise C Smith (Secretarytresurer)	$0	$0

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990-PF

Filed on March 7, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$11,258

Expenses

$15,570

Net Income

-$4,312

Net Assets

$252,589

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$119	1.1%
Dividends	$11,139	98.9%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$13,832	88.8%
Compensation of Officers*	$425	2.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$252,589
Total Liabilities	$0
Net Assets	$252,589

Compensation

Key Employees and Officers	Compensation	Other
Denise C Smith (Secretarytresurer)	$425	$0
Carol F Smith (President)	$0	$0
David L Palfreyman (Director)	$0	$0
Mark T Smith (Vice President)	$0	$0

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990-PF

Filed on May 11, 2018

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2016

Revenue

$4,952

Expenses

$36,065

Net Income

-$31,113

Net Assets

$256,901

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$52	1.1%
Dividends	$2,445	49.4%
Sales of Assets	$2,455	49.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$34,485	95.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$256,901
Total Liabilities	$0
Net Assets	$256,901

Compensation

Key Employees and Officers	Compensation	Other
Thomas M Smith (President)	$0	$0
Carol (Secretarytreasurer)	$0	$0
David L Palfreyman (Director)	$0	$0
Mark T Smith (Director)	$0	$0
Denise C Smith (Director)	$0	$0

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990-PF

Filed on May 5, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$9,198

Expenses

$13,998

Net Income

-$4,800

Net Assets

$288,014

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$38	0.4%
Dividends	$9,160	99.6%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$12,530	89.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$288,014
Total Liabilities	$0
Net Assets	$288,014

Compensation

Key Employees and Officers	Compensation	Other
Thomas M Smith (President)	$0	$0
Carol F Smith (Secretarytreasurer)	$0	$0
David L Palfreyman (Director)	$0	$0
Michael E Smith (Director)	$0	$0
Mark T Smith (Director)	$0	$0
Denise C Smith (Director)	$0	$0

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990-PF

Filed on April 25, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$5,358

Expenses

$18,251

Net Income

-$12,893

Net Assets

$292,814

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$45	0.8%
Dividends	$5,313	99.2%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$11,210	61.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$292,814
Total Liabilities	$0
Net Assets	$292,814

Compensation

Key Employees and Officers	Compensation	Other
Thomas M Smith (President)	$0	$0
Carol F Smith (Secretarytreasurer)	$0	$0
David L Palfreyman (Director)	$0	$0
Michael E Smith (Director)	$0	$0
Mark T Smith (Director)	$0	$0
Denise C Smith (Director)	$0	$0

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990-PF

Filed on April 21, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$159,710

Expenses

$13,010

Net Income

$146,700

Net Assets

$305,707

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$975	0.6%
Interest Revenue	$28	0.0%
Dividends	$2,397	1.5%
Sales of Assets	$156,310	97.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$11,590	89.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$305,707
Total Liabilities	$0
Net Assets	$305,707

Compensation

Key Employees and Officers	Compensation	Other
Thomas M Smith (President)	$0	$0
Carol F Smith (Secretary/treas)	$0	$0
David L Palfreyman (Director)	$0	$0
Michael E Smith (Director)	$0	$0
Mark T Smith (Director)	$0	$0
Denise C Smith (Director)	$0	$0

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990-PF

Filed on May 5, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$10,803

Expenses

$11,580

Net Income

-$777

Net Assets

$159,006

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$10,802	100.0%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$10,540	91.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$159,007
Total Liabilities	$1
Net Assets	$159,006

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$8,023

Expenses

$9,838

Net Income

-$1,815

Net Assets

$159,783

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3	0.0%
Dividends	$8,020	100.0%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,690	88.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$159,784
Total Liabilities	$1
Net Assets	$159,783

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

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Updated October 22, 2026

Thomas M And Carol F Smith Family Foundation Inc

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending Dec. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Fiscal Year Ending Dec.
2025

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001