Smart Wallace Education Trust Attn

MINERAL WELLS, TX EIN: 75-6085142

Smart Wallace Education Trust Attn is a private foundation, based in MINERAL WELLS, TX. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grants totaling $14K. Net investment income was $269.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$14K

+2715.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$14K

+2715.0% YoY

Under IRS private-foundation payout rules, Smart Wallace Education Trust Attn reported a distributable amount of $167 for 2023 — the minimum it must pay out in qualifying distributions.

About Smart Wallace Education Trust Attn

Based on IRS filings

Smart Wallace Education Trust Attn is a private foundation, based in MINERAL WELLS, TX. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grants totaling $14K. Net investment income was $269.

Ready to take the next step with Smart Wallace Education Trust Attn?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Mineral WellsStephenvilleWeatherford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4K$8K$12K$15K2020202120222023
Metric202320222021
Total Assets$17,583$17,740
Revenue$-3,508$949$942
Expenses$14,075$1,106$1,509
Qualifying Distributions$14,075$1,100$1,500
Net Investment Income$269$343$433
Distributable Amount$167$765$872

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$7K$11K$14K0 grants20201 grants20211 grants20221 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2023

MINERAL WELLS HIGH SCHOO…$14K

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Mineral Wells High School 50 Year ($14,075).

RecipientPurposeAmount
MINERAL WELLS HIGH SCHOOL 50 YEAR MINERAL WELLS, TXSCHOLARSHIP FUND CONTRIBUTION$14,075

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
CARLA HAYTRUSTEE PART0.1
RHETT WARRENTRUSTEE PART0.1
KATHY BOSWELLTRUSTEE PART0.1
MARGARET COLTONTRUSTEE PART0.1

Frequently Asked Questions

Where does Smart Wallace Education Trust Attn operate?

Smart Wallace Education Trust Attn has awarded grants in Texas.

What size grants does Smart Wallace Education Trust Attn award?

In 2023, Smart Wallace Education Trust Attn awarded 1 grants totaling $14K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is Smart Wallace Education Trust Attn required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Smart Wallace Education Trust Attn reported a distributable amount of $167 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Smart Wallace Education Trust Attn's EIN?

Smart Wallace Education Trust Attn's EIN (Employer Identification Number) is 75-6085142. IRS Form 990 filing data is available on this page for 2020–2023.

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

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