Laverna M Smedley Charitable Foundation

MASON CITY, IA EIN: 61-1934955

Laverna M Smedley Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MASON CITY, IA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 6 grants totaling $72K. Net investment income was $37K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

-2.2% YoY

Annual Giving

$72K

-6.6% YoY

Grant Count

6

-14.3% YoY

Avg Grant Size

$12K

+8.9% YoY

About Laverna M Smedley Charitable Foundation

Based on IRS filings

Laverna M Smedley Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MASON CITY, IA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 6 grants totaling $72K. Net investment income was $37K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Alta VistaCharles CityClarksvilleGarnerKanawhaMason CityVentura

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$30K$60K$90K$119K2021202220232024
Metric202420232022
Total Assets$1,587,884$1,623,547$1,751,618
Revenue$55,755$-30,555$61,761
Expenses$91,094$96,791$108,597
Qualifying Distributions$72,206$77,341$108,597
Net Investment Income$37,450$34,455$61,761
Distributable Amount$76,535$72,206$77,341

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$44K$65K$87K0 grants20217 grants20227 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

NORTH IOWA AREA COMM COL…$25KCOMPREHENSIVE SYSTEMS INC$20KSALVATION ARMY ADULT DAY…$20KMEALS ON WHEELS OF MASON…$3KAMELIA G COLLINS$3KALYSSA BLANKENSHIP$2K

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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