The charity takes its name from a local Belper resident Matthew Smith who died in 1713 bequeathing land to fund the upkeep of the two Almshouses he had already built in Belper near St John’s Chapel at the heart of the oldest part of the town.
The charity currently has two properties, the Matthew Smith Almshouses and Broadhurst House adjoining the Almshouses.
The original Matthew Smith Almshouses were rebuilt in 1829 but by the 1970s they were dilapidated and soon after unfit for use; the building was sealed and abandoned. In 1829 the charity was reconstituted. The new trustees raised the money to repair extend and modernise the two homes and bring them back into use. They were reopened in October 1991 by Deborah, the late Dowager Duchess of Devonshire.