Lemotto Smith Trust
Lemotto Smith Trust is a private foundation, based in HUNTINGTON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.2M in total assets. In 2024, it awarded 3 grants totaling $400K. Net investment income was $485K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.2M
+1.6% YoY
Annual Giving
$400K
-10.2% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$133K
-10.2% YoY
Under IRS private-foundation payout rules, Lemotto Smith Trust reported a distributable amount of $409K for 2024 — the minimum it must pay out in qualifying distributions.
About Lemotto Smith Trust
Based on IRS filings
Lemotto Smith Trust is a private foundation, based in HUNTINGTON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.2M in total assets. In 2024, it awarded 3 grants totaling $400K. Net investment income was $485K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,231,518 | $8,104,910 | $8,078,211 |
| Revenue | $520,007 | $162,596 | $164,251 |
| Expenses | $435,137 | $486,586 | $498,696 |
| Qualifying Distributions | $399,732 | $445,030 | $456,067 |
| Net Investment Income | $484,602 | $121,040 | $402,670 |
| Distributable Amount | $408,758 | $418,450 | $443,629 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Marshall University Foundation ($187,000), West Virginia Foundation ($175,000), Marietta College ($37,732).
| Recipient | Purpose | Amount |
|---|---|---|
| MARIETTA COLLEGE MARIETTA, OH | SCHOLARSHIPS | $37,732 |
| WEST VIRGINIA FOUNDATION MORGANTOWN, WV | SCHOLARSHIPS | $175,000 |
| MARSHALL UNIVERSITY FOUNDATION HUNTINGTON, WV | SCHOLARSHIPS | $187,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| W MICHAEL FRAZIER | TRUSTEE | 1 | $18,200 |
Frequently Asked Questions
How large is Lemotto Smith Trust?
As of 2024, Lemotto Smith Trust holds $8.2M in total assets with $520K in annual revenue. It awarded 3 grants totaling $400K in 2024.
Where does Lemotto Smith Trust operate?
Lemotto Smith Trust has awarded grants in Ohio, West Virginia.
What size grants does Lemotto Smith Trust award?
In 2024, Lemotto Smith Trust awarded 3 grants totaling $400K — an average of about $133K per grant, based on its IRS Form 990 filings.
How much is Lemotto Smith Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lemotto Smith Trust reported a distributable amount of $409K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lemotto Smith Trust's EIN?
Lemotto Smith Trust's EIN (Employer Identification Number) is 55-6099873. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lemotto Smith Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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