MW Smith Jr Foundation

Private foundation · Grantmaker Mobile, AL EIN: 63-6018078

MW Smith Jr Foundation is a private foundation, based in Mobile, AL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.5M in total assets. In 2025, it awarded 8 grants totaling $147K. Net investment income was $216K.

Key facts about MW Smith Jr Foundation

In short: MW Smith Jr Foundation gave $147K across 8 grants in 2025 (avg $18K), mostly in Alabama. Source: 2025 IRS Form 990-PF.

EIN
63-6018078
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$146,757
Grants made (2025)
8
Average grant
$18,345
Median grant
$14,500
Total assets
$3,541,769
Primary geography
Alabama (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.5M

+1.0% YoY

Annual Giving

$147K

-2.9% YoY

Grant Count

8

-42.9% YoY

Avg Grant Size

$18K

+69.9% YoY

Under IRS private-foundation payout rules, MW Smith Jr Foundation reported a distributable amount of $185K for 2025 — the minimum it must pay out in qualifying distributions.

How MW Smith Jr Foundation gives

  • Giving grew 212% from 2022 to 2025. Method
  • In 2025 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

MonroevilleMobileFairhopeCamdenGrove HillJacksonPensacolaAtmoreThomasvilleTuscaloosaGainestownJacksons GapLoxelyMontrosePerdue HillSaint StephensSan Carlos

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K15 grants2021 8 grants2022 12 grants2023 14 grants2024 8 grants2025

From 2021 to 2025, annual grant giving ranged from $47K (2022) to $151K (2024). In 2025 it made 8 grants totaling $147K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

White Smith Memorial Library: $52KWhite Smith Memorial Library$52KKings Kids Foundation Inc: $30KKings Kids Foundation Inc$30KWilcox Community Health Foundation: $29KWilcox Community HealthFoundation$29KFairhope Film Festival: $25KFairhope Film Festival$25KPride of Atmore: $5KPride of Atmore$5KAlabama Junior Miss Scholarship Foundation: $3KAlabama Junior MissScholarship Foundation$3KFriends of the Swift Coles Historic Home: $2KFriends of the Swift ColesHistoric Home$2KFirst United Methodist Church: $2KFirst United Methodist Church$2K

The largest 2025 recipient was White Smith Memorial Library ($52K). Together the top 8 received $147K.

Grant Size Distribution

57 grants across all recorded years

55<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 55 grants of 57 (96%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
White Smith Memorial Library Jackson, ALCommunity Education$52,000
Kings Kids Foundation Inc Mobile, ALCommunity Welfare$30,000
Wilcox Community Health Foundation Camden, ALCommunity Welfare$29,000
Fairhope Film Festival Fairhope, ALCommunity Promotion of Arts$24,500
Pride of Atmore Atmore, ALCommunity Welfare$4,500
Alabama Junior Miss Scholarship Foundation Mobile, ALScholarship$3,000
Friends of the Swift Coles Historic Home Montrose, ALCommunity Welfare$2,000
First United Methodist Church Fairhope, ALCommunity Welfare$1,757

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,541,769$3,507,223$2,842,749
Revenue$233,118$862,060$314,254
Expenses$198,572$197,586$167,627
Qualifying Distributions$162,589$164,273$131,472
Net Investment Income$216,457$834,712$281,258
Distributable Amount$185,229$161,572$158,976

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

MW Smith Jr Foundation is led by Mary Martin Riser, Chairperson since 2022 (on filings since 2021); 5 of 6 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Mary Martin Riser

    Chairperson

    Chairman → Chairperson, 2022

    On filings since 2021

    2 hrs/week

    $3K (2021) → $3K (2025)

  • Regions Bank

    Trustee

    On filings since 2021

    1 hr/week

    $3K (2021) → $8K (2025)

  • Malcolm Pearson

    Committee Member

    On filings since 2021

    1 hr/week

    $2K (2021) → $0 (2025)

  • Sandy Smith

    Committee Member & Secretary

    On filings since 2021

    4 hrs/week

    $2K (2021) → $3K (2025)

  • Marshall Riser

    Committee Member

    On filings since 2022

    1 hr/week

    $1K (2023) → $2K (2025)

  • Malcolm W. Smith

    Committee Member

    On filings since 2023

    1 hr/week

    $601 (2023) → $2K (2025)

Former officers (2)
  • Former: Louis M. Finlay Jr. (2021–2023) — Committee Member
  • Former: John H. Martin III (2021–2022) — Committee Member

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Regions Bank — Trustee: $8KRegions BankTrustee$8KSandy Smith — Committee Member/Secretary: $3KSandy SmithCommittee Member/Secretary$3KMary Martin Riser — Chairperson: $3KMary Martin RiserChairperson$3KMarshall Riser — Committee Member: $2KMarshall RiserCommittee Member$2KMalcolm W Smith — Committee Member: $2KMalcolm W SmithCommittee Member$2K

The highest reported compensation on the 2025 filing was $8K, to Regions Bank (Trustee). 5 officers or directors reported compensation on that filing.

Frequently asked questions about MW Smith Jr Foundation

How much does MW Smith Jr Foundation give each year?

MW Smith Jr Foundation gave $147K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $151K across 14 grants.

What is MW Smith Jr Foundation's typical grant size?

MW Smith Jr Foundation's median grant in 2025 was $14,500, and its average grant was $18,345, across 8 grants on its 2025 IRS Form 990-PF.

Where does MW Smith Jr Foundation give grants?

MW Smith Jr Foundation gives mostly in Alabama: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Mobile, AL (2 grants) and Fairhope, AL (2 grants).

Does MW Smith Jr Foundation give general operating support?

Not in 2025: none of the 8 grants with a stated purpose on MW Smith Jr Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community Welfare" (5 grants).

Who are MW Smith Jr Foundation's largest grantees?

MW Smith Jr Foundation's largest 2025 grantees include White Smith Memorial Library ($52,000), Kings Kids Foundation Inc ($30,000) and Wilcox Community Health Foundation ($29,000), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.

How large is MW Smith Jr Foundation?

MW Smith Jr Foundation reported $3.5M in total assets on its 2025 IRS Form 990-PF. It paid out $163K in qualifying distributions that year, against a required minimum of $185K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is MW Smith Jr Foundation's EIN?

MW Smith Jr Foundation's EIN (Employer Identification Number) is 63-6018078. IRS Form 990 filing data is available on this page for 2021–2025.

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

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