//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Alabama, Georgia and Missouri. 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.
Smallest Grant
$47K
Median Grant
$94K
Average Grant
$97K
Largest Grant
$141K
Based on 8 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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
N/A
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 |
|---|---|---|---|
| Southern Research InstituteLIFE SCIENCES RESEARCH | Birmingham, AL | $144K | 2023 |
| Berry CollegeEDUCATIONAL | Mount Berry, GA | $144K | 2023 |
| College Of The OzarksEDUCATIONAL | Point Lookout, MO | $144K | 2023 |
| River Region United WayPUBLIC SUPPORT OF LOCAL AGENCIES | Montgomery, AL | $96K | 2023 |
| YmcaCHARACTER BUILDING | Montgomery, AL | $96K | 2023 |
| The Salvation ArmyEVANGELICAL | Montgomery, AL | $67K | 2023 |
| Huntingdon CollegeEDUCATIONAL | Montgomery, AL | $48K | 2023 |
| Boy Scouts Service CenterCHARACTER BUILDING | Montgomery, AL | $48K | 2023 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL