Louise Maytag Smith Charitable Trust
The Louise Maytag Smith Charitable Trust is a private charitable foundation that makes grants to nonprofit organizations. The trust is part of the broader Maytag family philanthropic legacy.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.2M
+1.5% YoY
Annual Giving
$708K
-10.3% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$88K
-10.3% YoY
Grantmaking
The trust has demonstrated support for character-building initiatives. A documented grant of $86,346 was awarded to the YMCA in Enterprise, Alabama in 2024 for character building programming.
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Geographic Focus
Where this funder awards grants
The trust has funded organizations in Alabama, including the Enterprise area.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,191,197 | $13,984,906 | $14,390,991 |
| Revenue | $1,072,099 | $529,461 | $223,080 |
| Expenses | $865,664 | $933,414 | $1,035,287 |
| Qualifying Distributions | $707,754 | $789,071 | $859,388 |
| Net Investment Income | $923,880 | $376,898 | $196,509 |
| Distributable Amount | $796,740 | $745,261 | $750,624 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
40 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS TRUST DEPARTMENT | TRUSTEE | 1 | $148,208 |
Recent Activity
Recent developments and announcements
As of 2024, the Louise Maytag Smith Charitable Trust continues to make grants to support community-based programs, particularly those focused on youth development and character building.
Related Funders
Similar funders by location and focus area
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Assets
—
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Total Given
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The Starfish Project
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Grants
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Total Given
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Michael Nix Arts Scholarship a Non Profit Corp
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Assets
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Raquib Family Waqf Foundation
BIRMINGHAM, AL
Assets
$759K
Grants
1
Total Given
$86K
A Hays Zieman & Christine B Zieman
MOBILE, AL
Assets
$1.0M
Grants
10
Total Given
$40K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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