Clara B & W Aubrey Smith Charitable
Clara B & W Aubrey Smith Charitable Foundation is a private foundation based in Dallas, Texas, established in 1985 and granted tax-exempt status in January 1986. The foundation operates as a 501(c)(3) organization classified under the category of Philanthropy, Voluntarism and Grantmaking Foundations. It is administered through Bank of America's Philanthropic Solutions division.
Key facts about Clara B & W Aubrey Smith Charitable
- EIN
- 75-6314114
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $904,500
- Grants made (2025)
- 22
- Average grant
- $41,114
- Median grant
- $23,000
- New grantees (estimate)
- 19% first-time grantees (4 of 21, 2025)
- Total assets
- $18,529,774
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- How to apply
- Applications are accepted twice yearly with deadlines on January 1 and August 1. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Clara B & W Aubrey Smith Charitable funds
By grant dollars, the top recipient states for Clara B & W Aubrey Smith Charitable's 22 itemized 2025 grants were Texas (100%). The most frequent recipient cities were Denison, TX (12 grants), Sherman, TX (7 grants) and Dallas, TX (2 grants). 95% of grants with a stated purpose were for general or operating support.
Is Clara B & W Aubrey Smith Charitable open to new grantees?
19%
first-time grantees, 2025
In 2025, 4 of 21 grantees (19%) were first-time recipients. First grants averaged $68K; repeat grants $37K. How we count
Medians: $54K first-time, $20K repeat.
- 48% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−10%). Method
- In 2025 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Clara B & W Aubrey Smith Charitable
- How to evaluate Clara B & W Aubrey Smith Charitable as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$18.5M
+2.1% YoY
Annual Giving
$905K
-14.3% YoY
Grant Count
22
-12.0% YoY
Avg Grant Size
$41K
-2.7% YoY
Under IRS private-foundation payout rules, Clara B & W Aubrey Smith Charitable reported a distributable amount of $1.1M for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation was established to support and promote quality education, health care, and human services programming for underserved populations. The foundation's charitable work focuses on three primary areas:
- Education
- Health Care
- Human Services
Special consideration is given to charitable organizations that serve the people of Grayson County, Texas and surrounding areas.
Grantmaking
Average Grant
amount: approximately $37,000
Review Cycle
on January 1 and August 1
How to Apply
**
Ready to take the next step with Clara B & W Aubrey Smith Charitable?
Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated in Texas, with special emphasis on Grayson County, Texas and surrounding areas. While grantmaking is primarily focused on this region, statewide Texas applicants are welcome to apply.
Grant Distribution by State
Share of all 22 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Most Recent Filing (Fiscal Year Ending June 2025):
- Total Assets: $18,529,774
- Total Revenues: $1,719,525
- Total Expenses: $1,137,717
- Total Liabilities: $0
- Total Giving: $904,500
Historical Giving Trends:
- Annual giving has grown from $785,000 in 2021 to $1.1 million in 2024
- The foundation has made 77 grants totaling $2.8 million across available records
- The foundation has supported 47 unique organizations
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $18,529,774 | $18,154,329 | $18,306,225 |
| Revenue | $1,719,525 | $691,673 | $-368,108 |
| Expenses | $1,137,717 | $1,243,267 | $1,174,629 |
| Qualifying Distributions | $972,986 | $1,118,951 | $1,059,859 |
| Net Investment Income | $1,568,235 | $541,250 | $290,533 |
| Distributable Amount | $1,097,658 | $1,019,891 | $966,673 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
122 grants across all recorded years
Open Grants
1 open opportunity from Clara B & W Aubrey Smith Charitable
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Texoma Family Shelter ($200,000), Junior League of Grayson County ($160,000), Denison Isd Education Foundation ($90,000 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| TEXOMA FAMILY SHELTER Denison, TX | UNRESTRICTED GENERAL | $200,000 |
| JUNIOR LEAGUE OF GRAYSON COUNTY Denison, TX | UNRESTRICTED GENERAL | $160,000 |
| TRI COUNTY SENIOR NUTRITION PROJECT Denison, TX | UNRESTRICTED GENERAL | $75,000 |
| CHILD & FAMILY GUIDANCE CENTER OF TEXOMA Sherman, TX | UNRESTRICTED GENERAL | $75,000 |
| DENISON ISD EDUCATION FOUNDATION Denison, TX | UNRESTRICTED GENERAL | $50,000 |
| DENISON ISD EDUCATION FOUNDATION Denison, TX | UNRESTRICTED GENERAL | $40,000 |
| CITY OF DENISON Denison, TX | SUPPORT FOR PUBLIC LIBRARY | $35,000 |
| MASTERKEY MINISTRIES OF GRAYSON COUNTY Sherman, TX | UNRESTRICTED GENERAL | $32,000 |
| AUSTIN COLLEGE Sherman, TX | UNRESTRICTED GENERAL | $31,000 |
| CASA OF GRAYSON COUNTY Sherman, TX | UNRESTRICTED GENERAL | $30,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Bank of America N.A. serves as the managing trustee and principal officer of the foundation.
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bank of America | Trustee | 1 | $168,216 |
Contact Information
- Address: PO Box 653067, Dallas, TX 75265-3067
- Phone: 888-866-3275
- Website: www.bankofamerica.com/philanthropic/foundations
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Clara B & W Aubrey Smith Charitable fund?
The foundation was established to support and promote quality education, health care, and human services programming for underserved populations. The foundation's charitable work focuses on three primary areas: • **Education** • **Health Care** • **Human Services** Special consideration is given to charitable organizations that serve the people of Grayson County, Texas and surrounding areas.
How do I apply for a grant from Clara B & W Aubrey Smith Charitable?
Applications are accepted twice yearly with deadlines on January 1 and August 1. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Clara B & W Aubrey Smith Charitable make grants?
The foundation's grantmaking is concentrated in Texas, with special emphasis on Grayson County, Texas and surrounding areas. While grantmaking is primarily focused on this region, statewide Texas applicants are welcome to apply.
What size grants does Clara B & W Aubrey Smith Charitable award?
In 2025, Clara B & W Aubrey Smith Charitable awarded 22 grants totaling $905K — an average of about $41K per grant, based on its IRS Form 990 filings.
How much is Clara B & W Aubrey Smith Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Clara B & W Aubrey Smith Charitable reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Clara B & W Aubrey Smith Charitable's EIN?
Clara B & W Aubrey Smith Charitable's EIN (Employer Identification Number) is 75-6314114. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.