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Also known as: FOUNDATION
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Ray And Wilma Smith Scholarship Foundation is a private trust based in FRANKLIN, TN. The foundation received its IRS ruling in 2003. The principal officer is First Bank Trust Department. It holds total assets of $76K. Annual income is reported at $3K. Total assets have decreased from $100K in 2011 to $79K in 2023. The foundation is governed by 1 officer or trustee. Scholarship to joseph troy moore. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Ray And Wilma Smith Scholarship Foundation has made 5 grants totaling $22K, with a median grant of $4K. The foundation has distributed between $4K and $8K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $8K distributed across 2 grants. Individual grants have ranged from $4K to $5K, with an average award of $4K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
Scholarship to krista noble
Expenses: $5K
Scholarship to joseph troy moore. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in TN.
Ray And Wilma Smith Scholarship Foundation has distributed a total of $22K across 5 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $4K to $5K.
Ray And Wilma Smith Scholarship Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ray And Wilma Smith Scholarship Foundation is headquartered in FRANKLIN, TN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Bank Trust Department | TRUSTEE | $0 | $0 | N/A |
Total Giving
$4K
Total Assets
$79K
Fair Market Value
$79K
Net Worth
$79K
Grants Paid
$4K
Contributions
N/A
Net Investment Income
$296
Distribution Amount
$4K
Total Grants
5
Total Giving
$22K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
4
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grace BartholomewEDUCATION | Westport, TN | $4K | 2023 |
| Joseph Troy MooreEDUCATION | Westport, TN | $4K | 2022 |
| Emily ReevesEDUCATION | Huntingdon, TN | $4K | 2021 |
| Krista NobleEDUCATION | Huntingdon, TN | $5K | 2020 |