Smyrna Towers Inc is a private foundation focused on Housing & Shelter, based in PANAMA CITY BEACH, FL. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $59K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$59K
Grant Count
1
Avg Grant Size
$59K
Under IRS private-foundation payout rules, Smyrna Towers Inc reported a distributable amount of $2K for 2022 — the minimum it must pay out in qualifying distributions.
About Smyrna Towers Inc
Based on IRS filings
Smyrna Towers Inc is a private foundation focused on Housing & Shelter, based in PANAMA CITY BEACH, FL. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $59K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $61,870 | $67,623 |
| Revenue | — | — | — |
| Expenses | $61,870 | $5,753 | $4,292 |
| Qualifying Distributions | $58,775 | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $2,387 | $3,218 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2022
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Georgia Cumberland Academy ($58,775).
| Recipient | Purpose | Amount |
|---|---|---|
| GEORGIA CUMBERLAND ACADEMY CALHOUN, GA | GENERAL OPERATIONS | $58,775 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERRY LEARD | CHAIRMAN | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Smyrna Towers Inc?
Smyrna Towers Inc is a private foundation focused on Housing & Shelter, based in PANAMA CITY BEACH, FL. It holds — in total assets as of 2022.
Where does Smyrna Towers Inc operate?
Smyrna Towers Inc has awarded grants in Georgia.
What size grants does Smyrna Towers Inc award?
In 2022, Smyrna Towers Inc awarded 1 grants totaling $59K — an average of about $59K per grant, based on its IRS Form 990 filings.
How much is Smyrna Towers Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Smyrna Towers Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Smyrna Towers Inc's EIN?
Smyrna Towers Inc's EIN (Employer Identification Number) is 58-1331545. IRS Form 990 filing data is available on this page for 2020–2022.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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