Vergie B Smallwood-

FRISCO, TX EIN: 75-6238996

Vergie B Smallwood- is a private foundation focused on Philanthropy, based in FRISCO, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $367K in total assets. In 2024, it awarded 1 grants totaling $24K. Net investment income was $19K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$367K

-1.3% YoY

Annual Giving

$24K

-2.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$24K

-2.0% YoY

Under IRS private-foundation payout rules, Vergie B Smallwood- reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

About Vergie B Smallwood-

Based on IRS filings

Focus Areas

Philanthropy Foundations

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $99K (100%)

States

Texas

Cities

Amarillo

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$366,824	$371,731	$381,534
Revenue	$31,590	$27,190	$27,059
Expenses	$36,498	$36,993	$36,479
Qualifying Distributions	$23,696	$24,174	$25,300
Net Investment Income	$18,788	$14,370	$15,880
Distributable Amount	$24,199	$23,696	$24,174

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 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cal Farley's Boys Ranch ($23,696).

Recipient	Purpose	Amount
CAL FARLEY'S BOYS RANCH AMARILLO, TX	FUNDS FOR RESIDENTIAL CHILDCARE FOR AT RISK CHILDREN.	$23,696

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CITIZENS BANK - KILGORE	TRUSTEE	10	$5,056

Subject Areas

Focus areas based on grantmaking activity

Philanthropy Foundations

Frequently Asked Questions

What is Vergie B Smallwood-?

Vergie B Smallwood- is a private foundation focused on Philanthropy, based in FRISCO, TX. It holds $367K in total assets as of 2024.

How large is Vergie B Smallwood-?

As of 2024, Vergie B Smallwood- holds $367K in total assets with $32K in annual revenue. It awarded 1 grants totaling $24K in 2024.

Where does Vergie B Smallwood- operate?

Vergie B Smallwood- has awarded grants in Texas.

What size grants does Vergie B Smallwood- award?

In 2024, Vergie B Smallwood- awarded 1 grants totaling $24K — an average of about $24K per grant, based on its IRS Form 990 filings.

How much is Vergie B Smallwood- required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Vergie B Smallwood- reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.