In the wake of the Weinstein sex scandal, Smith said he will donate the future residuals from the projects he did with the now disgraced mogul to a women's organization.
Weinstein is the subject of allegations from several women who have accused him of misconduct that range from harassment to rape. Through a spokesperson, he has "unequivocally" denied "any allegations of non-consensual sex."
During his "Hollywood Babble-On" podcast
with Ralph Garman, which was recorded last Friday and posted Tuesday, Smith said, "My entire career is tied up with the man."
"Everything I did in the beginning has his name on it," Smith said. "And I spent many years lionizing him."
Weinstein's two previous companies, Miramax and The Weinstein Company, produced some of Smith's most notable movies including the 1994 comedy "Clerks," which made him a star.
Smith told the podcast's studio audience that he's not a victim, but he appeared shaken by the controversy.
"It's been a weird f***ing week," Smith said, his voice at times breaking. "I just wanted to make some f***ing movies, that's it. That's why I came, that's why I made 'Clerks.'"
"And no f***ing movie is worth all this," he added." Like, my entire career, f**k it, take it. It's wrapped up in something really f***ing horrible."
Smith said he feels horrible that he didn't help and "because I sat out there talking about this man like he was a hero, like he was my friend, like he was my father."
So to atone for that Smith has decided to donate his residuals of $2,000 per month to Women In Film, an organization which bills itself as a nonprofit dedicated to promoting diversity in the media arts.
"That feels like a start," Smith said. "Hopefully that goes to people that get to make s**t without having to deal with some f***ing animal saying, 'Here's the price.'"
CNN has reached out to Women In Film for comment.