The Mw Buddy Smith Foundation Inc

ARDMORE, OK EIN: 73-1621885

The Mw Buddy Smith Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARDMORE, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 2 grants totaling $49K. Net investment income was $28K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+2.6% YoY

Annual Giving

$49K

+3.8% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$25K

+55.7% YoY

Under IRS private-foundation payout rules, The Mw Buddy Smith Foundation Inc reported a distributable amount of $58K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mw Buddy Smith Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oklahoma $179K (82%)

Virginia $40K (18%)

States

Oklahoma Virginia

Cities

ArdmoreArlington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,147,752	$1,119,169	$1,131,426
Revenue	$89,703	$43,797	$177,936
Expenses	$55,253	$56,263	$48,892
Qualifying Distributions	$49,000	$47,200	$45,000
Net Investment Income	$27,517	$29,763	$118,044
Distributable Amount	$58,015	$50,107	$47,051

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Food for Pets Inc ($29,000), The Nature Conservancy ($20,000).

Recipient	Purpose	Amount
FOOD FOR PETS INC ARDMORE, OK	CHARITY	$29,000
THE NATURE CONSERVANCY ARLINGTON, VA	CHARITY	$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RENEE SMITH WIGGINS	PRESIDENT/TREASURER	2	—
CLIFTON MACK WIGGINS	V. PRESIDENT/ SECRET	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Mw Buddy Smith Foundation Inc?

The Mw Buddy Smith Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARDMORE, OK. It holds $1.1M in total assets as of 2024.

How large is The Mw Buddy Smith Foundation Inc?

As of 2024, The Mw Buddy Smith Foundation Inc holds $1.1M in total assets with $90K in annual revenue. It awarded 2 grants totaling $49K in 2024.

Where does The Mw Buddy Smith Foundation Inc operate?

The Mw Buddy Smith Foundation Inc has awarded grants in Oklahoma, Virginia.

What size grants does The Mw Buddy Smith Foundation Inc award?

In 2024, The Mw Buddy Smith Foundation Inc awarded 2 grants totaling $49K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is The Mw Buddy Smith Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mw Buddy Smith Foundation Inc reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mw Buddy Smith Foundation Inc's EIN?

The Mw Buddy Smith Foundation Inc's EIN (Employer Identification Number) is 73-1621885. IRS Form 990 filing data is available on this page for 2020–2024.