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
Under IRS private-foundation payout rules, Louise Maytag Smith Charitable Trust reported a distributable amount of $797K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Berry College ($129,519), College of the Ozarks ($129,519), Southern Research Institute ($129,519).
| Recipient | Purpose | Amount |
|---|---|---|
| BERRY COLLEGE MOUNT BERRY, GA | EDUCATIONAL | $129,519 |
| BOY SCOUTS SERVICE CENTER MONTGOMERY, AL | CHARACTER BUILDING | $43,173 |
| COLLEGE OF THE OZARKS POINT LOOKOUT, MO | EDUCATIONAL | $129,519 |
| HUNTINGDON COLLEGE MONTGOMERY, AL | EDUCATIONAL | $43,173 |
| RIVER REGION UNITED WAY MONTGOMERY, AL | PUBLIC SUPPORT OF LOCAL AGENCIES | $86,346 |
| SOUTHERN RESEARCH INSTITUTE BIRMINGHAM, AL | LIFE SCIENCES RESEARCH | $129,519 |
| THE SALVATION ARMY MONTGOMERY, AL | EVANGELICAL | $60,159 |
| YMCA MONTGOMERY, AL | CHARACTER BUILDING | $86,346 |
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.
Frequently Asked Questions
How do I apply for a grant from Louise Maytag Smith Charitable Trust?
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.
Where does Louise Maytag Smith Charitable Trust make grants?
The trust has funded organizations in Alabama, including the Enterprise area.
What size grants does Louise Maytag Smith Charitable Trust award?
In 2024, Louise Maytag Smith Charitable Trust awarded 8 grants totaling $708K — an average of about $88K per grant, based on its IRS Form 990 filings.
How much is Louise Maytag Smith Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Louise Maytag Smith Charitable Trust reported a distributable amount of $797K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Louise Maytag Smith Charitable Trust's EIN?
Louise Maytag Smith Charitable Trust's EIN (Employer Identification Number) is 63-6050879. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Louise Maytag Smith Charitable Trust's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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