Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 04 - 01 2025, and ending 03 - 31, 20 26
Name of foundation
THE SMITH FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address) 11711 NORTH MERIDIAN STREET 600
  Room/suite
City or town
CARMEL
State or province
IN
Country  
ZIP or foreign postal code
460324534
A Employer identification number

35-2015637
B Telephone number (see instructions)

3178435678
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$108,988,184J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 6,062,959
2 Check .................
3 Interest on savings and temporary cash investments 12,669 12,669  
4 Dividends and interest from securities... 470,061 470,061  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,573,741
b Gross sales price for all assets on line 6a 5,248,500
7 Capital gain net income (from Part IV, line 2)... 5,130,697
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 11,119,430 5,613,427  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,365 5,365   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
69,265 69,265   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
221,623 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 296,253 74,630   0
25 Contributions, gifts, grants paid....... 6,270,000 6,270,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 6,566,253 74,630   6,270,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,553,177
b Net investment income (if negative, enter -0-) 5,538,797
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 7,612,841 23,340 23,340
2 Savings and temporary cash investments.........      
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 36,103,358 Click to see attachment
List of Attached Documents:
// Content
48,246,036 		108,964,844
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 43,716,199 48,269,376 108,988,184
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 43,716,199 48,269,376
29 Total net assets or fund balances (see instructions)..... 43,716,199 48,269,376
30 Total liabilities and net assets/fund balances (see instructions). 43,716,199 48,269,376
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
43,716,199
2
Enter amount from Part I, line 27a .....................
2
4,553,177
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
48,269,376
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
48,269,376
Form 990-PF (2025)
Form 990-PF (2025)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a AQR EQUITY MARKET NEUTRAL FD CL - 3,601.3050 SHS     2025-11-10
b BAILLIE GIFFORD EMNERG MKTS - 142.0350 SHS     2025-10-10
c GMO OPPORTUNISTIC INCOME FUND - 1,134.9900 SHS     2025-09-19
d GOLDMAN SACHS PARTNERS INTL - 66.0790 SHS     2025-10-10
e KOPERNIK GLOBAL ALL CAP FUND INSTL - 294.8110 SHS     2025-10-10
PZENA EMERGING MARKETS FOCUSED VAL INST - 92.1660 SHS     2025-10-10
PZENA INTERNATIONAL SMALL CAP VALUE FDI - 121.0290 SHS     2025-10-10
VANGUARD 500 INDEX ADMIRAL - 50.3410 SHS     2025-10-10
WILLIAM BLAIR INTERNATIONAL GROWTH - 1,289.0500 SHS     2025-11-03
INTUITIVE SURGICAL INC - 10000.000 SHS     2025-04-30
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 43,900   36,300 7,600
b 3,690   2,287 1,403
c 27,751   28,405 -654
d 1,500   905 595
e 5,000   4,726 274
1,390   568 822
1,590   1,332 258
31,290   9,664 21,626
41,456   32,516 8,940
5,090,933   1,100 5,089,833
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       7,600
b       1,403
c       -654
d       595
e       274
      822
      258
      21,626
      8,940
      5,089,833
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 5,130,697
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 76,989
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 76,989
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 76,989
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 132,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 132,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 55,011
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax55,011 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
IN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressN/A
14
The books are in care ofPATRICIA D WICKE Telephone no. (502) 429-0800

Located at9100 SHELBYVILLE RD SUITE 200LOUISVILLEKY ZIP+440222
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
LONNIE M SMITH DIRECTOR/PRESIDENT
2.00 		0 0 0
14363 CHESTER AVENUE
SARATOGA,CA950705624
CHERYL D SMITH DIRECTOR/VICE-PRESIDENT
2.00 		0 0 0
14363 CHESTER AVENUE
SARATOGA,CA950705624
JEFFREY H THOMASSON DIRECTOR/SECRETARY & TREAS
2.00 		0 0 0
PO BOX 80238
INDIANAPOLIS,IN462800238
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
120,901,006
b
Average of monthly cash balances.......................
1b
985,653
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
121,886,659
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
121,886,659
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,828,300
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
120,058,359
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
6,002,918
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
6,002,918
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
76,989
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
76,989
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
5,925,929
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
5,925,929
6
Deduction from distributable amount (see instructions) .................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
5,925,929
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........
1a
6,270,000
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
6,270,000
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 5,925,929
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022...... 247,076
d From 2023...... 169,373
e From 2024...... 178,839
f Total of lines 3a through e ........ 595,288
4Qualifying distributions for 2025 from Part
XI, line 4: $ 6,270,000
a Applied to 2024, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		0
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 5,925,929
e Remaining amount distributed out of corpus 344,071
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 939,359
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		939,359
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 .... 247,076
c Excess from 2023 .... 169,373
d Excess from 2024 .... 178,839
e Excess from 2025 .... 344,071
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
LONNIE M SMITH
CHERYL D SMITH
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
JEFFREY H THOMASSON CFP CO THE TRUS
PO BOX 80238
INDIANAPOLIS,IN462800238
(317) 805-5000
bThe form in which applications should be submitted and information and materials they should include:
IN WRITING
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ACADEMY FOR CREATING ENTERPRISE

PO BOX 299
LEHI,UT84043 		UNRELATED   GENERAL SUPPORT OF CHARITY 80,000

ACLU FOUNDATION

125 BROAD STREET 18TH FLOOR
NEW YORK,NY10004 		UNRELATED   GENERAL SUPPORT OF CHARITY 100,000

BREAST CANCER RESEARCH FOUNDATION

28 WEST 44TH STREET STE 609
NEW YORK,NY10036 		UNRELATED   GENERAL SUPPORT OF CHARITY 100,000

BRIGHAM YOUNG UNIVERSITY-IDAHO

525 SOUTH CENTER STREET
REXBURG,ID83460 		UNRELATED   GENERAL SUPPORT OF CHARITY 450,000

BYU PATHWAY WORLDWIDE

3 TRIAD CENTER STE 500 1125
SALT LAKE CITY,UT84180 		UNRELATED   GENERAL SUPPORT OF CHARITY 50,000

AFRICAN LIBRARY PROJECT

19 MANTUA RD
MOUNT ROYAL,NJ08061 		UNRELATED   GENERAL SUPPORT OF CHARITY 5,000

CATHOLIC RELIEF SERVICES

228 WEST LEXINGTON STREET
BALTIMORE,MD21201 		UNRELATED   GENERAL SUPPORT OF CHARITY 100,000

CHILDREN'S HOSPITAL COLORADO FOUNDATION

PO BOX 5585
DENVER,CO80217 		UNRELATED   GENERAL SUPPORT OF CHARITY 75,000

CLAYTON CHRISTENSEN INSTITUTE

92 HAYDEN AVE
LEXINGTON,MA02421 		UNRELATED   GENERAL SUPPORT OF CHARITY 25,000

ADVOCATES FOR IMMIGRANTS IN DETENTION NORTHWEST

2367 TACOMA AVE S
TACOMA,WA98402 		UNRELATED   GENERAL SUPPORT OF CHARITY 15,000

CURE ALZHEIMER'S FUND

34 WASHINGTON STREET SUITE 200
WELLESLEY HILLS,MA02481 		UNRELATED   GENERAL SUPPORT OF CHARITY 100,000

CY-FAIR HELPING HANDS

9606 KIRKTON DR
HOUSTON,TX77095 		UNRELATED   GENERAL SUPPORT OF CHARITY 40,000

DONORSCHOOSEORG

134 WEST 37TH STREET-11FL
NEW YORK,NY10018 		UNRELATED   GENERAL SUPPORT OF CHARITY 100,000

EPILEPSY FOUNDATION

8301 PROFESSIONAL PLACE WEST SUITE
230
LANDOVER,MD20785 		UNRELATED   GENERAL SUPPORT OF CHARITY 50,000

EQUAL JUSTICE INITIATIVE

122 COMMERCE STREET
MONTGOMERY,AL36104 		UNRELATED   GENERAL SUPPORT OF CHARITY 120,000

ALS THERAPY DEVELOPMENT INSTITUTE

480 ARSENAL ST STE 201
WATERTOWN,MA02472 		UNRELATED   GENERAL SUPPORT OF CHARITY 100,000

FLORENCE IMMIGRATION & REFUGEE RIGHTS PROJECT

PO BOX 86299
FLORENCE,AZ85754 		UNRELATED   GENERAL SUPPORT OF CHARITY 335,000

BOYS AND GIRLS COUNTRY OF HOUSTON

18806 ROBERTS RD
HOCKLEY,TX77447 		UNRELATED   GENERAL SUPPORT OF CHARITY 40,000

FRESH LIFELINES FOR YOUTHSOBRATO CENTER FOR NONPROFITS

568 VALLEY WAY
MILPITAS,CA95035 		UNRELATED   GENERAL SUPPORT OF CHARITY 125,000

IMMIGRANT LAW CENTER OF MINNESOTA

450 SYNDICATE ST N 200
ST PAUL,MN55104 		UNRELATED   GENERAL SUPPORT OF CHARITY 100,000

NATIONAL ASSOCIATION OF FREE & CHARITABLE CLINICS

1800 DIAGONAL RD STE 600
ALEXANDRIA,VA22314 		UNRELATED   GENERAL SUPPORT OF CHARITY 100,000

INTERNATIONAL RESCUE COMMITTEE

PO BOX 6068
ALBERT LEA,MN560079847 		UNRELATED   GENERAL SUPPORT OF CHARITY 370,000

ISSAQUAH FOOD & CLOTHING BANK

179 1ST AVE SE
ISSAQUAH,WA98027 		UNRELATED   GENERAL SUPPORT OF CHARITY 30,000

ISSAQUAH SCHOOLS FOUNDATION

PO BOX 835
ISSAQUAH,WA98027 		UNRELATED   GENERAL SUPPORT OF CHARITY 6,000

JEWISH FAMILY SERVICES OF SILICON VALLEY

14855 OKA ROAD SUITE 202
LOS GATOS,CA95032 		UNRELATED   GENERAL SUPPORT OF CHARITY 85,000

KAHN ACADEMY

PO BOX 1630
MOUNTAIN VIEW,CA94042 		UNRELATED   GENERAL SUPPORT OF CHARITY 500,000

KIDS' MEALS HOUSTON

330 GARDEN OAKS
HOUSTON,TX77018 		UNRELATED   GENERAL SUPPORT OF CHARITY 40,000

KIDVANTAGE

PO BOX 172
ISSAQUAH,WA98027 		UNRELATED   GENERAL SUPPORT OF CHARITY 10,000

KUOW PUGET SOUND PUBLIC RADIO

4518 UNIVERISTY WAY NE
SEATTLE,WA89105 		UNRELATED   GENERAL SUPPORT OF CHARITY 6,000

LDS PHILANTHROPIES

940 SWKT
PROVO,UT84602 		UNRELATED   GENERAL SUPPORT OF CHARITY 800,000

LUTHERAN FAMILY SERVICES

1035 OSAGE ST STE 700
DENVER,CO80218 		UNRELATED   GENERAL SUPPORT OF CHARITY 50,000

MAMMA'S HANDS

PO BOX 1262
ISSAQUAH,WA98027 		UNRELATED   GENERAL SUPPORT OF CHARITY 10,000

MARY'S PLACE

1830 9TH AVENUE
SEATTLE,WA98101 		UNRELATED   GENERAL SUPPORT OF CHARITY 25,000

MERCY SHIPS

PO BOX 1930
GARDEN VALLEY,TX757711930 		UNRELATED   GENERAL SUPPORT OF CHARITY 50,000

MICHAEL J FOX FOUNDATION PARKINSON'S

PO BOX 5014
HAGERSTOWN,MD217415014 		UNRELATED   GENERAL SUPPORT OF CHARITY 25,000

MONTEREY BAY AQUARIUM

886 CANNERY ROW
MONTEREY,CA93940 		UNRELATED   GENERAL SUPPORT OF CHARITY 50,000

MOTHERS WITHOUT BORDERS

125 E MAIN ST 402
AMERICAN FORK,UT84003 		UNRELATED   GENERAL SUPPORT OF CHARITY 25,000

NATIONAL PARK FOUNDATION

1201 EYE STREET NW SUITE 550B
WASHINGTON DC,DC20005 		UNRELATED   GENERAL SUPPORT OF CHARITY 10,000

NO SCRIPT NONPROFIT

17120 HOUSE HAHL RD
CYPRUS,TX77443 		UNRELATED   GENERAL SUPPORT OF CHARITY 20,000

NORTHWEST IMMIGRANT RIGHTS PROJECT

615 2ND AVE STE 400
SEATTLE,WA98104 		UNRELATED   GENERAL SUPPORT OF CHARITY 40,000

PRISM

1220 ZANE AVE N
GOLDEN VALLEY,MN55422 		UNRELATED   GENERAL SUPPORT OF CHARITY 100,000

OPERATION SMILE

3641 FACULTY BLVD
NORFOLK,VA23509 		UNRELATED   GENERAL SUPPORT OF CHARITY 50,000

PARKINSON'S FOUNDATION

200 SE 1ST STREET SUITE 800
MIAMI,FL33131 		UNRELATED   GENERAL SUPPORT OF CHARITY 50,000

PEACE HOUSE

1960 SIDEWINDER DRIVE SUITE 208
PARK CITY,UT84060 		UNRELATED   GENERAL SUPPORT OF CHARITY 40,000

PROPUBLICA

155 AVENUE OF THE AMERICAS 13TH
FLOOR
NEW YORK,NY10013 		UNRELATED   GENERAL SUPPORT OF CHARITY 100,000

RAICES

1305 N FLORES STREET
SAN ANTONIO,TX78212 		UNRELATED   GENERAL SUPPORT OF CHARITY 260,000

SHRINERS HOSPITALS FOR CHILDREN

2900 N ROCKY POINT DR
TAMPA,FL33607 		UNRELATED   GENERAL SUPPORT OF CHARITY 100,000

SANTA MARIA URBAN MINISTRY

778 S ALMADEN AVE
SAN JOSE,CA95110 		UNRELATED   GENERAL SUPPORT OF CHARITY 65,000

SAVE THE CHILDREN

500 KINGS HIGHWAY EAST SUITE 400
FAIRFIELD,CT06825 		UNRELATED   GENERAL SUPPORT OF CHARITY 50,000

SECOND HARVEST FOOD BANK

PO BOX 1240
SAN JOSE,CA951081240 		UNRELATED   GENERAL SUPPORT OF CHARITY 165,000

SHOES FOR AFRICA

PO BOX 3142
NEW YORK,NY10008 		UNRELATED   GENERAL SUPPORT OF CHARITY 90,000

SLEEP IN HEAVENLY PEACE

PO BOX 2905
PHOENIX,AZ85062 		UNRELATED   GENERAL SUPPORT OF CHARITY 40,000

ST JOHN VIANNEY CENTER

427 S PENNSYLVANIA AVE
NORTH WHALES,PA19454 		UNRELATED   GENERAL SUPPORT OF CHARITY 15,000

ST JUDE CHILDRENS RESEARCH HOSPITAL

501 ST JUDE PLACE
MEMPHIS,TN38105 		UNRELATED   GENERAL SUPPORT OF CHARITY 100,000

STUDENTS RISING ABOVE

PO BOX 192492
SAN FRANCISCO,CA941192492 		UNRELATED   GENERAL SUPPORT OF CHARITY 50,000

THE GEMMA PROJECT

4100 REDWOOD RD STE 20A BOX 224
OAKLAND,CA94619 		UNRELATED   GENERAL SUPPORT OF CHARITY 10,000

THE TECH MUSEUM OF INNOVATION

201 MARKET ST
SAN JOSE,CA95113 		UNRELATED   GENERAL SUPPORT OF CHARITY 50,000

THEIR STORY IS OUR STORY

PO BOX 970771
OREM,UT84097 		UNRELATED   GENERAL SUPPORT OF CHARITY 67,000

UNIVERSITY OF UTAH COLLEGE OF NURSING

10 SOUTH 2000 EAST
SALT LAKE CITY,UT841125880 		UNRELATED   GENERAL SCHOLARSHIP FUND 100,000

UTAH STATE UNIVERSITY

4100 OLD MAIN HILL
LOGAN,UT843221400 		UNRELATED   GENERAL SCHOLARSHIP FUND 100,000

VILLAGE THEATRE

303 FRONT ST N
ISSAQUAH,WA98027 		UNRELATED   GENERAL SUPPORT OF CHARITY 6,000

WARREN VILLAGE

1323 GILPIN STREET
DENVER,CO802182552 		UNRELATED   GENERAL SUPPORT OF CHARITY 75,000

WILFORD WOODRUFF PAPERS FOUNDATION

24025 WEST CENTENNIAL ST
CEDAR HILLS,UT84062 		UNRELATED   GENERAL SUPPORT OF CHARITY 25,000

WORLD CENTRAL KITCHEN

200 MASSACHUSETTS AVE NW 7TH FLOOR
WASHINGTON,DC20001 		UNRELATED   GENERAL SUPPORT OF CHARITY 20,000

SOCIAL AND ENVIRONMENTAL ENTREPRENEURS

23564 CALABASAS RD STE 201
CALABASAS,CA91302 		UNRELATED   GENERAL SUPPORT OF CHARITY 50,000

THE HUMBLE VILLAGE

4900 PARK DR
CARLSBAD,CA92008 		UNRELATED   GENERAL SUPPORT OF CHARITY 100,000

WORLD LINK PARTNERS

2516 E KEDDINGTON LN
HOLLADAY,UT84117 		UNRELATED   GENERAL SUPPORT OF CHARITY 10,000

ONE LOVE FOUNDATION

PO BOX 69589
BALTIMORE,MD21264 		UNRELATED   GENERAL SUPPORT OF CHARITY 20,000
Total ................................. 3a 6,270,000
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 12,669  
4 Dividends and interest from securities ....     14 470,061  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		        4,573,741
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 482,730 4,573,741
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,056,471
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
8 THE SALES PROCEEDS OF SECURITIES PRODUCING THE CAPITAL GAIN/LOSS WERE UTILIZED TO FUND THE CHARITABLE CONTRIBUTIONS REPORTED IN THIS RETURN.
4 THE GROSS DIVIDEND INCOME IS UTILIZED TO FUND THE CHARITABLE CONTRIBUTIONS REPORTED IN THIS RETURN.
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE SMITH FAMILY FOUNDATION INC
 
Employer identification number

35-2015637
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
THE SMITH FAMILY FOUNDATION INC
  		Employer identification number
35-2015637
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
LONNIE M SMITH AND CHERYL D SMITH
14363 CHESTER AVENUE
 
SARATOGA, CA950705624

$ 6,062,959


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE SMITH FAMILY FOUNDATION INC
  		Employer identification number

35-2015637
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 10,836 SHS INTUITIVE SURGICAL STOCK $ 6,062,959 2025-12-15
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE SMITH FAMILY FOUNDATION INC
  		Employer identification number

35-2015637
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2025 AccountingFeesSchedule
Name:
THE SMITH FAMILY FOUNDATION INC
EIN:
35-2015637
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX RETURN PREPARATION FEES 5,365 5,365   0

TY 2025 InvestmentsOtherSchedule2
Name:
THE SMITH FAMILY FOUNDATION INC
EIN:
35-2015637
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SECURITIES HELD BY FIDELITY INVESTMENTS AT COST 48,246,036 108,964,844

TY 2025 OtherProfessionalFeesSchedule
Name:
THE SMITH FAMILY FOUNDATION INC
EIN:
35-2015637
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISOR FEES 69,265 69,265   0


TY 2025 SubstantialContributorsSch
Name:
THE SMITH FAMILY FOUNDATION INC
EIN:
35-2015637
Name Address
LONNIE M SMITH 14363 CHESTER AVENUE
SARATOGA,CA950705624
CHERYL D SMITH 14363 CHESTER AVENUE
SARATOGA,CA950705624


TY 2025 TaxesSchedule
Name:
THE SMITH FAMILY FOUNDATION INC
EIN:
35-2015637
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAXES 221,623 0   0