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Louise Maytag Smith Charitable Trust is a private trust based in MONTGOMERY, AL. The foundation received its IRS ruling in 1964. It holds total assets of $14.2M. Annual income is reported at $4.7M. According to available records, Louise Maytag Smith Charitable Trust has made 32 grants totaling $2.9M, with a median grant of $75K. Annual giving has grown from $409K in 2021 to $789K in 2023. Grantmaking activity was highest in 2022 with $1.7M distributed across 16 grants. Individual grants have ranged from $25K to $157K, with an average award of $91K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Alabama and Georgia and Missouri. Contributions to this foundation are tax-deductible.
Louise Maytag Smith Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in AL, GA, MO.
Louise Maytag Smith Charitable Trust has distributed a total of $2.9M across 32 grants. The median grant size is $75K, with an average of $91K. Individual grants have ranged from $25K to $157K.
Louise Maytag Smith Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Louise Maytag Smith Charitable Trust is headquartered in MONTGOMERY, AL. While based in AL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Trust Department | TRUSTEE | $137K | $0 | $137K |
Total Giving
$933K
Total Assets
$14M
Fair Market Value
$15.6M
Net Worth
$14M
Grants Paid
$789K
Contributions
$0
Net Investment Income
$377K
Distribution Amount
$745K
Total: $13.9M
Total Grants
32
Total Giving
$2.9M
Average Grant
$91K
Median Grant
$75K
Unique Recipients
8
Most Common Grant
$157K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| YmcaCHARACTER BUILDING | Montgomery, AL | $96K | 2023 |
| Berry CollegeEDUCATIONAL | Mount Berry, GA | $144K | 2023 |
| Southern Research InstituteLIFE SCIENCES RESEARCH | Birmingham, AL | $144K | 2023 |
| College Of The OzarksEDUCATIONAL | Point Lookout, MO | $144K | 2023 |
| River Region United WayPUBLIC SUPPORT OF LOCAL AGENCIES | Montgomery, AL | $96K |
PENNINGTON, NJ
LAKE WORTH, FL
ZEELAND, MI
DALLAS, TX
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2023 |
| The Salvation ArmyEVANGELICAL | Montgomery, AL | $67K | 2023 |
| Boy Scouts Service CenterCHARACTER BUILDING | Montgomery, AL | $48K | 2023 |
| Huntingdon CollegeEDUCATIONAL | Montgomery, AL | $48K | 2023 |
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