Founding director and president of the Rossmoor Fund for its first nine years, David Smith was a member of the Board of Directors of the Golden Rain Foundation, the governing body of Rossmoor in Walnut Creek, California from 2005 – 2011 and served as its president for three of those years. While living in Rossmoor, he was the chairman of the Golden Rain Foundation Finance Committee and was also a member of the Board of Directors of Hospice of the East Bay. In 2015 Mr. Smith was honored by Diablo Magazine with its Threads of Hope award for his community service.