B F Smith Foundation
B F Smith Foundation is a private foundation, based in Stoneville, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it made $591K in qualifying distributions. Net investment income was $25K.
B F Smith Foundation at a glance
- Total assets
- $2,552,237
- -24.5% vs 2023
- Revenue (2024)
- $626,458
- -70.7% vs 2023
- Qualifying distributions (2024)
- $591,261
- -17.6% vs 2023
- Expenses (2024)
- $1,095,754
- -36.2% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|
| 2024 | $2,552,237 | $626,458 | $1,095,754 | $591,261 | $25,246 | $132,449 |
| 2023 | $3,382,125 | $2,141,080 | $1,716,587 | $717,216 | $14,105 | $71,334 |
| 2022 | $2,421,872 | $1,218,223 | $1,203,778 | — | $396 | $10,011 |
| 2021 | $2,583,676 | $1,159,552 | $1,209,577 | $1,155,634 | $556 | $125,054 |
| 2020 | $2,080,176 | $943,280 | $791,548 | — | $824 | $54,803 |
Under IRS private-foundation payout rules, B F Smith Foundation reported a distributable amount of $132K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
B F Smith Foundation is led by Travis Satterfield, Chairman on every filing since 2020; none of the 12 officers listed in 2024 report compensation.
Officers on the 2024 filing
Travis Satterfield
Chairman
On filings since 2020
No compensation reported
Bill Litton
Director
On filings since 2020
No compensation reported
Bowen Flowers
Director
On filings since 2020
No compensation reported
George King
Director
On filings since 2020
No compensation reported
Gibb Steele
Director
On filings since 2020
No compensation reported
Harry Simmons
Director
On filings since 2020
No compensation reported
Paul Hollis
Director Ex-Officio
On filings since 2020
No compensation reported
Tom Gresham
Director Ex-Officio
On filings since 2020
No compensation reported
Wa Percy II
Director
On filings since 2020
No compensation reported
Walton Gresham
Director
On filings since 2020
No compensation reported
Woods Eastland
Director Ex-Officio
On filings since 2020
No compensation reported
Frank Howell
Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about B F Smith Foundation
How large is B F Smith Foundation?
B F Smith Foundation reported $2.6M in total assets on its 2024 IRS Form 990-PF. It paid out $591K in qualifying distributions that year, against a required minimum of $132K (roughly 5% of its investment assets).
What is B F Smith Foundation's EIN?
B F Smith Foundation's EIN (Employer Identification Number) is 64-0732226. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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