Louise Maytag Smith Memorial Trust

MONTGOMERY, AL EIN: 63-6046280

Louise Maytag Smith Memorial Trust is a private foundation, based in MONTGOMERY, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 5 grants totaling $151K. Net investment income was $215K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.0M

+1.3% YoY

Annual Giving

$151K

-7.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$30K

-7.3% YoY

Under IRS private-foundation payout rules, Louise Maytag Smith Memorial Trust reported a distributable amount of $168K for 2024 — the minimum it must pay out in qualifying distributions.

About Louise Maytag Smith Memorial Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $273K (38%)

Georgia $243K (33%)

Pennsylvania $182K (25%)

North Carolina $30K (4%)

States

Alabama Georgia North Carolina Pennsylvania

Cities

AshevilleDecaturPittsburghPrattvilleTalladega

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,967,463	$2,929,635	$3,001,015
Revenue	$232,567	$103,388	$76,924
Expenses	$172,880	$183,037	$193,843
Qualifying Distributions	$151,472	$163,448	$172,158
Net Investment Income	$215,448	$84,413	$56,759
Distributable Amount	$168,361	$157,330	$156,691

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Columbia Theological Seminary ($50,501), First Presbyterian Church ($50,501), Presbyterian Church (usa) ($37,864).

Recipient	Purpose	Amount
COLUMBIA THEOLOGICAL SEMINARY DECATUR, GA	RELIGIOUS	$50,501
FIRST PRESBYTERIAN CHURCH PRATTVILLE, AL	RELIGIOUS	$50,501
GOD'S WORLD PUBLICATIONS INC ASHEVILLE, NC	RELIGIOUS	$6,303
PRESBYTERIAN CHURCH (USA) PITTSBURGH, PA	RELIGIOUS	$37,864
PRESBYTERIAN HOME FOR CHILDREN TALLADEGA, AL	RELIGIOUS	$6,303

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	$17,119

Frequently Asked Questions

How large is Louise Maytag Smith Memorial Trust?

As of 2024, Louise Maytag Smith Memorial Trust holds $3.0M in total assets with $233K in annual revenue. It awarded 5 grants totaling $151K in 2024.

Where does Louise Maytag Smith Memorial Trust operate?

Louise Maytag Smith Memorial Trust has awarded grants in Alabama, Georgia, North Carolina, Pennsylvania.

What size grants does Louise Maytag Smith Memorial Trust award?

In 2024, Louise Maytag Smith Memorial Trust awarded 5 grants totaling $151K — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is Louise Maytag Smith Memorial Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Louise Maytag Smith Memorial Trust reported a distributable amount of $168K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Louise Maytag Smith Memorial Trust's EIN?

Louise Maytag Smith Memorial Trust's EIN (Employer Identification Number) is 63-6046280. IRS Form 990 filing data is available on this page for 2020–2024.