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Eddie and Jo Allison Smith Family Foundation
The Eddie and Jo Allison Smith Family Foundation was established in 1993 by the Smith family of Greenville, North Carolina. Eddie Smith Sr. built National...
Eddie and Jo Allison Smith Family Foundation
The Eddie and Jo Allison Smith Family Foundation was established in 1993 by the Smith family of Greenville, North Carolina. Eddie Smith Sr. built National Wholesale Company and Eddie Smith Jr. built Grady-White Boats; both operating businesses remain under family ownership. The foundation's grantmaking focuses on education, health, the environment, and human services within the state. Capital is deployed across public equities, private equity secondaries, and direct real-asset holdings. Confirmed positions include a stake in Equinix held through Safe Harbor Family Capital and limited-partner commitments to Willowridge Partners Amberbrook IX and Plexus Capital. Geographic exposure centers on North Carolina and the broader United States. The foundation also owns the Spencer Bay Tract, a 2,921-acre coastal property conserved with the NC Coastal Land Trust, and funded the Eddie and Jo Allison Smith Tower at ECU Health. The foundation reports 302 million dollars in assets. It maintains no additional offices. Adjacent vehicles include the family's 100 percent ownership of Grady-White Boats and Safe Harbor Family Capital LLC, the latter co-founded by the late Chris Smith. Eddie Smith Jr. serves as a trustee of the International Game Fish Association and past chair of The Rams Club. No operational events for the foundation itself have been recorded in the last 24 months. Investment decisions remain inside the family with Safe Harbor Family Capital providing advisory services since 2006. This keeps sourcing, allocation, and governance within a single ownership group rather than delegating to external managers or multi-family platforms.
General information
Firm type
Endowment / Foundation
Year founded
1993
Location
Region
North America
Country
United States
City
Greenville
Corporate office
PO Box 1527, Greenville, NC, United States
Principals
Eddie Smith Jr.
Chairman and CEO of Grady-White Boats
Kristin Carroll
President of the Foundation
Sector focus
Frequently asked questions
Who runs investment decisions at the Eddie and Jo Allison Smith Family Foundation?
Eddie Smith Jr. and Kristin Carroll oversee allocations. Safe Harbor Family Capital LLC has served as investment advisor since 2006 with Samuel Soliman as primary contact.
Does the foundation participate in fund commitments or only direct deals?
The foundation holds both. It maintains limited-partner positions in Willowridge Partners Amberbrook IX and Plexus Capital while owning direct real assets such as the Spencer Bay Tract.
Where does the underlying wealth come from?
Wealth originates from Eddie Smith Sr.'s National Wholesale Company and Eddie Smith Jr.'s Grady-White Boats. Both companies remain under family ownership.
What investment stages does the foundation target through its advisors?
Through Safe Harbor Family Capital the foundation accesses public equities and secondaries. Direct holdings include operating businesses and conserved land.
How is the foundation related to Safe Harbor Family Capital LLC?
Safe Harbor Family Capital LLC acts as the family's investment advisor. Chris Smith, son of Eddie Smith Jr., co-founded the firm.
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