The Wayman F Smith III Scholarship Foundation
The Wayman F Smith III Scholarship Foundation is a private foundation, based in Milwaukee, WI. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $160K in total assets. In 2021, it awarded 2 grants totaling $7K. Net investment income was $4K.
The Wayman F Smith III Scholarship Foundation at a glance
In short: The Wayman F Smith III Scholarship Foundation gave $7K across 2 grants in 2021 (avg $4K), mostly in District of Columbia. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $7,121
- +0.0% vs 2020
- Grants made (2021)
- 2
- +0.0% vs 2020
- Average grant
- $3,561
- +0.0% vs 2020
- Median grant
- $3,561
- Total assets
- $160,186
- +1.3% vs 2020
- Primary geography
- District of Columbia (86% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated October 2026.
Who The Wayman F Smith III Scholarship Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2021
The largest 2021 recipient was Howard University Development & Alumni ($6K). Together the top 2 received $7K.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 2 itemized grants.
States
Cities
How The Wayman F Smith III Scholarship Foundation gives
- In 2021 it paid out 50% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $7K (2020) to $7K (2021). In 2021 it made 2 grants totaling $7K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Howard University Development & Alumni Washington, DC | Scholarships | $6,121 |
| Harris-Stowe Foundation Inc St. Louis, MO | General Operating | $1,000 |
Ready to take the next step with The Wayman F Smith III Scholarship Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2021 | $160,186 | $6,282 | $11,392 | $7,121 | 2 | $8,621 | $3,511 | $17,161 |
| 2020 | $158,174 | $6,745 | $11,333 | $7,121 | 2 | — | $4,150 | $9,019 |
Under IRS private-foundation payout rules, The Wayman F Smith III Scholarship Foundation reported a distributable amount of $17K for 2021 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Wayman F Smith III Scholarship Foundation's 2021 filing lists 4 officers; none of the 4 officers listed in 2021 report compensation.
Officers on the 2021 filing
Kymberly Smith Jackson
Co-Trustee
On filings since 2020
No compensation reported
Michael W. Noble
Co-Trustee
On filings since 2020
No compensation reported
Wayman F. Smith III
Co-Trustee
On filings since 2020
No compensation reported
US Bank N A
Trustee
New on the 2021 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Wayman F Smith III Scholarship Foundation
How much does The Wayman F Smith III Scholarship Foundation give each year?
The Wayman F Smith III Scholarship Foundation gave $7K across 2 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $7K across 2 grants.
How large is The Wayman F Smith III Scholarship Foundation?
The Wayman F Smith III Scholarship Foundation reported $160K in total assets on its 2021 IRS Form 990-PF. It paid out $9K in qualifying distributions that year, against a required minimum of $17K (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.
Where does The Wayman F Smith III Scholarship Foundation operate?
The Wayman F Smith III Scholarship Foundation has awarded grants in District of Columbia, Missouri.
What is The Wayman F Smith III Scholarship Foundation's EIN?
The Wayman F Smith III Scholarship Foundation's EIN (Employer Identification Number) is 43-6864098. IRS Form 990 filing data is available on this page for 2020–2021.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 18, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 26, 2022)
- IRS filings on file for fiscal years 2020–2021
Explore Open Grants
Browse active grant opportunities in The Wayman F Smith III Scholarship Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Wisconsin
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Dr Maya Angelou Foundation
San Ramon, CA
Assets
—
Grants
9
Total Given
$54K
James S McDonnell Foundation
St. Louis, MO
The James S. McDonnell Foundation funds work to improve economic mobility, especially in workforce opportunity, small-business growth, wealth building, and civic capacity. Its 2024 grants had a median of $115,000, and funding is focused on the St. Louis region, particularly St. Louis City and North St. Louis County; it may consider select proposals submitted through its website, though most grantees are identified by staff.
Assets
$457.5M
Grants
82
Total Given
$30.1M
First Bank Foundation
Creve Coeur, MO
First Bank Foundation supports education, youth programs, and community development, including schools, youth-serving organizations, workforce programs, and community projects. Its 2025 grants ranged from $750 to $25,000, with a median of $5,000, and went primarily to organizations in Missouri and California. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$755K
Grants
55
Total Given
$442K
St Louis Community Foundation Inc
St. Louis, MO
The foundation supports nonprofits through its own community priorities and funds it administers for private and family foundations, including economic mobility, youth connections, and a range of other donor-directed causes. In 2024, grants ranged from $5,050 to $4 million, with a median of $20,000; community-impact funding focuses mainly on high-need ZIP codes in Missouri and Illinois, though grants also go elsewhere. It does not state whether it accepts unsolicited requests; applicants should check each funder’s criteria and deadlines.
Assets
$494.4M
Grants
839
Total Given
$63.9M
The Community Foundation of Sarasota CO Inc
Sarasota, FL
The Community Foundation of Sarasota County funds nonprofit programs in areas including education, health care, basic needs, animal welfare, arts, and community capacity building. Its programmatic grants average $10,000–$25,000 and support organizations serving Sarasota, Manatee, Charlotte, and DeSoto counties; the profile does not state whether it accepts unsolicited requests.
Assets
$518.5M
Grants
540
Total Given
$41.2M
More similar funders
More Funders in Wisconsin
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Wayman F Smith III Scholarship Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Wayman F Smith III Scholarship Foundation down — hundreds of funders to go?