Clarabel T Smith Charitable Trust
Clarabel T Smith Charitable Trust is a private foundation, based in Birmingham, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $260K in total assets. In 2024, it made $2K in qualifying distributions. Net investment income was $8K.
Clarabel T Smith Charitable Trust at a glance
- Total assets
- $259,562
- +2.2% vs 2023
- Revenue (2024)
- $12,705
- -19.1% vs 2023
- Qualifying distributions (2024)
- $1,723
- -96.9% vs 2023
- Expenses (2024)
- $7,149
- -89.5% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Clarabel T Smith Charitable Trust funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Clarabel T Smith Charitable Trust gives
- In 2024 it paid out 13% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2023 it made 2 grants totaling $55K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hope Inspired Ministries Inc Montgomery, AL | General Operating | $46,978 |
| Hope Afield Greenville, AL | General Operating | $7,789 |
Ready to take the next step with Clarabel T Smith Charitable Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $259,562 | $12,705 | $7,149 | — | — | $1,723 | $7,740 | $13,385 |
| 2023 | $254,003 | $15,695 | $67,964 | $54,767 | 2 | $56,358 | $11,263 | $13,723 |
| 2022 | $306,120 | $24,788 | $11,797 | — | — | $2,742 | $20,723 | $15,578 |
| 2021 | $293,365 | $27,692 | $13,641 | — | — | $3,164 | $23,252 | $15,710 |
| 2020 | $279,641 | $20,146 | $7,606 | — | — | — | $18,279 | $13,807 |
Under IRS private-foundation payout rules, Clarabel T Smith Charitable Trust reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Clarabel T Smith Charitable Trust's only listed officer is Regions Bank, Trustee on filings since 2021 (compensated).
Officers on the 2024 filing
Regions Bank
Trustee
On filings since 2021
1 hr/week
$5K (2021) → $6K (2024)
Former officers (2)
- Former: Regions Bank Trust Dept (2022–2023) — Trustee
- Former: Regions Bank Wealth Management (2020) — Trustee
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $6K, to Regions Bank (Trustee).
Frequently asked questions about Clarabel T Smith Charitable Trust
How large is Clarabel T Smith Charitable Trust?
Clarabel T Smith Charitable Trust reported $260K in total assets on its 2024 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $13K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Clarabel T Smith Charitable Trust operate?
Clarabel T Smith Charitable Trust has awarded grants in Alabama.
What is Clarabel T Smith Charitable Trust's EIN?
Clarabel T Smith Charitable Trust's EIN (Employer Identification Number) is 63-6199436. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 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
Other open foundation grants in Alabama
Alabama Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Clarabel T Smith Charitable Trust's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Community Partnership of Alabama Inc
Birmingham, AL
Community Partnership of Alabama supports United Way of Central Alabama’s charitable work and programs addressing education, health, financial stability, access to services, and relief for people in need in Central Alabama, with senior services in Jefferson County. Its 2022 grants totaled about $1.15 million across 38 awards, with several listed grants of $50,000; the profile does not state whether it accepts unsolicited requests.
Assets
$8.7M
Grants
0
Total Given
$97K
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Cagg Foundation
Birmingham, AL
Assets
$124K
Grants
5
Total Given
$9K
Intouch Inc
Montgomery, AL
Assets
$1.9M
Grants
6
Total Given
$100K
Deep Water Healthcare Services
Eclectic, AL
Assets
—
Grants
6
Total Given
$149K
Junior League of Montgomery Inc
Montgomery, AL
The Junior League of Montgomery funds local nonprofits and schools working to strengthen families, with focus areas including economic security, education, health, and safety. Recent grants were typically $5,800–$10,000, serving the Montgomery area; it invites applications for an annual Community Grant cycle and a separate emergency-needs fund.
Assets
$739K
Grants
7
Total Given
$52K
More similar funders
More Funders in Alabama
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Clarabel T Smith Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Clarabel T Smith Charitable Trust down — hundreds of funders to go?