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Louise Maytag Smith Memorial Trust is a private trust based in MONTGOMERY, AL. The foundation received its IRS ruling in 1965. It holds total assets of $3M. Annual income is reported at $1M. 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. Funding is distributed across 4 states, including Alabama, Georgia, North Carolina. According to available records, Louise Maytag Smith Memorial Trust has made 15 grants totaling $428K, with a median grant of $28K. Annual giving has grown from $83K in 2021 to $344K in 2022. Individual grants have ranged from $3K to $57K, with an average award of $29K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Alabama, Georgia, Pennsylvania, which account for 80% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$7K
Median Grant
$40K
Average Grant
$32K
Largest Grant
$53K
Based on 5 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 Memorial Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in AL, GA, PA.
Louise Maytag Smith Memorial Trust has distributed a total of $428K across 15 grants. The median grant size is $28K, with an average of $29K. Individual grants have ranged from $3K to $57K.
Louise Maytag Smith Memorial Trust typically selects its grantees rather than accepting unsolicited proposals.
Louise Maytag Smith Memorial Trust is headquartered in MONTGOMERY, AL. While based in AL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Trust Department | TRUSTEE | $16K | $0 | $16K |
Total Giving
$183K
Total Assets
$2.9M
Fair Market Value
$3.3M
Net Worth
$2.9M
Grants Paid
$163K
Contributions
N/A
Net Investment Income
$84K
Distribution Amount
$157K
Total: $2.9M
Total Grants
15
Total Giving
$428K
Average Grant
$29K
Median Grant
$28K
Unique Recipients
5
Most Common Grant
$7K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchRELIGIOUS | Prattville, AL | $57K | 2022 |
| Columbia Theological SeminaryRELIGIOUS | Decatur, GA | $57K | 2022 |
| Presbyterian Church (Usa)RELIGIOUS | Pittsburgh, PA | $43K | 2022 |
| God'S World Publications IncRELIGIOUS | Asheville, NC | $7K | 2022 |
| Presbyterian Home For ChildrenRELIGIOUS | Talladega, AL | $7K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL