Jearl Smart Foundation Inc
Jearl Smart Foundation Inc is a private independent foundation based in Wewoka, Oklahoma. Established in 1997, it operates as a 501(c)(3) charitable organization dedicated to supporting educational and charitable initiatives within its service region.
Key facts about Jearl Smart Foundation Inc
- EIN
- 73-1493842
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $121,700
- Grants made (2024)
- 25
- Average grant
- $4,868
- Median grant
- $2,750
- New grantees (estimate)
- 40% first-time grantees (10 of 25, 2024)
- Total assets
- $2,968,304
- Primary geography
- Oklahoma (99% of itemized 2024 grant dollars)
- How to apply
- Grant requests are due by November 15 for review by the Board of Trustees at the end-of-year board meeting. Full details ↓
Data from IRS Form 990-PF, 2024; 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 Jearl Smart Foundation Inc funds
By grant dollars, the top recipient states for Jearl Smart Foundation Inc's 25 itemized 2024 grants were Oklahoma (99%). The most frequent recipient cities were Wewoka, OK (9 grants), Ada, OK (2 grants), Edmond, OK (2 grants) and Shawnee, OK (2 grants). None of its 25 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (25 grants).
Is Jearl Smart Foundation Inc open to new grantees?
40%
first-time grantees, 2024
In 2024, 10 of 25 grantees (40%) were first-time recipients. First grants averaged $5K; repeat grants $5K. How we count
Medians: $2K first-time, $3K repeat.
- 56% of 2024 grantees were also funded in 2023. Method
- Giving fell 22% from 2021 to 2024. Method
- In 2024 it paid out 87% 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 (2020–2024). 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 Jearl Smart Foundation Inc
- How to evaluate Jearl Smart Foundation Inc as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.0M
+1.2% YoY
Annual Giving
$122K
-24.7% YoY
Grant Count
25
+38.9% YoY
Avg Grant Size
$5K
-45.8% YoY
Under IRS private-foundation payout rules, Jearl Smart Foundation Inc reported a distributable amount of $145K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's stated purpose is to promote charitable and educational endeavors by making distributions to benefit or carry out charitable and economic developments within Seminole County, Oklahoma.
Primary funding areas include:
- Educational scholarships (vocational and academic)
- Community development projects
- Charitable organizations serving Seminole County and surrounding areas
Grantmaking
Grant Range
$3,000
Average Grant
$6,000–$7,000
How to Apply
**
Ready to take the next step with Jearl Smart Foundation Inc?
Geographic Focus
Where this funder awards grants
Primary focus: Seminole County, Oklahoma and surrounding areas. Grantmaking reaches organizations across multiple states, with concentration in Oklahoma, Michigan, and Arizona.
Grant Distribution by State
Share of all 25 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2024:
- Total Assets: $2,968,304
- Total Revenue: $170,107
- Total Expenses: $135,956
- Net Income: $34,151
- Charitable Disbursements: $125,750 (92.5% of expenses)
Revenue Sources (2024):
- Sales of Assets: $56,468 (33.2%)
- Interest Revenue: $54,796 (32.2%)
- Dividends: $38,843 (22.8%)
- Contributions Received: $20,000 (11.8%)
Liabilities: None reported
The foundation maintains no debt and operates with all assets held in net assets.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,968,304 | $2,934,153 | $3,081,756 |
| Revenue | $170,107 | $35,716 | $263,207 |
| Expenses | $135,956 | $183,319 | $204,742 |
| Qualifying Distributions | $125,750 | $169,252 | $192,580 |
| Net Investment Income | $143,353 | $151,649 | $159,808 |
| Distributable Amount | $144,741 | $140,407 | $144,897 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 2024
Grant Size Distribution
112 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include East Central University ($21,000), University of Oklahoma ($15,000), Center for Community Transformation ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EAST CENTRAL UNIVERSITY Ada, OK | CHARITABLE | $21,000 |
| UNIVERSITY OF OKLAHOMA Norman, OK | CHARITABLE | $15,000 |
| CENTER FOR COMMUNITY TRANSFORMATION Wewoka, OK | CHARITABLE | $15,000 |
| FIRST BAPTIST CHURCH Wewoka, OK | CHARITABLE | $12,000 |
| BOYS AND GIRLS CLUB OF SEMINOLE NATION OF OKLAHOMA Wewoka, OK | CHARITABLE | $9,750 |
| OKLAHOMA STATE UNIVERSITY Stillwater, OK | CHARITABLE | $8,750 |
| SEMINOLE NATION MUSEUM Wewoka, OK | CHARITABLE | $5,500 |
| CITY OF WEWOKA Wewoka, OK | CHARITABLE | $4,500 |
| WEWOKA PUBLIC SCHOOLS Wewoka, OK | CHARITABLE | $3,500 |
| SEMINOLE STATE COLLEGE Seminole, OK | CHARITABLE | $3,450 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Trustees:
- Bryan Cain – President
- Teresa Smart – Vice President
- Keith Claybrook – Secretary/Treasurer
- Lonnell Alexander – Board Member
- John Hargrave – Board Member
- Jill Ramsey – Board Member
- Jim Smart – Board Member
- Jamie Stricklin – Board Member
All board members serve without compensation.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bryan Cain | Chairman | 1 | — |
| Jamie Ann Strickland | Vice Chairman | 1 | — |
| Keith Claybrook | Secretary | 1 | — |
| James Barnes | Board Member | 1 | — |
| James Smart | Board Member | 1 | — |
| Shari Carter | Board Member | 1 | — |
| Teresa Smart | Board Member | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Jearl Smart Foundation Inc fund?
The foundation's stated purpose is to promote charitable and educational endeavors by making distributions to benefit or carry out charitable and economic developments within Seminole County, Oklahoma. Primary funding areas include: • Educational scholarships (vocational and academic) • Community development projects • Charitable organizations serving Seminole County and surrounding areas
How do I apply for a grant from Jearl Smart Foundation Inc?
Grant requests are due by November 15 for review by the Board of Trustees at the end-of-year board meeting. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Jearl Smart Foundation Inc make grants?
Primary focus: Seminole County, Oklahoma and surrounding areas. Grantmaking reaches organizations across multiple states, with concentration in Oklahoma, Michigan, and Arizona.
What size grants does Jearl Smart Foundation Inc award?
In 2024, Jearl Smart Foundation Inc awarded 25 grants totaling $122K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Jearl Smart Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jearl Smart Foundation Inc reported a distributable amount of $145K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jearl Smart Foundation Inc's EIN?
Jearl Smart Foundation Inc's EIN (Employer Identification Number) is 73-1493842. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.