W R Corley Memorial Trust CO SMB Trust Services

JOPLIN, MO EIN: 84-6694925

The W R Corley Memorial Trust is a private foundation located in Joplin, Missouri, established to distribute the philanthropic legacy of the late William Robert "Bob" Corley. Southwest Missouri Bank serves as trustee of the foundation. The trust functions as a vehicle to support various charitable organizations through annual distributions of net income and principal.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.2M

-5.1% YoY

Annual Giving

$280K

+36.3% YoY

Grant Count

58

+52.6% YoY

Avg Grant Size

$5K

-10.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The trust was created to benefit several organizations in the community throughout Jasper and Newton Counties, with particular emphasis on organizations that provide services to homeless and low-income populations. The foundation prioritizes support for nonprofits serving disadvantaged and homeless residents in the region.

Grantmaking

Grant applications become available on March 31st annually and are due by May 1st. Interested organizations should email trust@smbonline.com to request an application. A distribution committee reviews applications, with awards announced in mid-June.

How to Apply

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Geographic Focus

Where this funder awards grants

Jasper and Newton Counties, Missouri, with primary focus on the Joplin region.

Grant Distribution by State

1states

States

Cities

Carl JunctionCarthageJopinJoplinNeoshoSaginawSpringfieldWebb City

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $4,242,419
  • Total Giving: $279,663
  • Total Revenues: $104,479
  • Total Expenses: $330,847
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$97K$194K$290K$387K2021202220232024
Metric202420232022
Total Assets$4,242,419$4,468,787$4,581,481
Revenue$104,479$143,796$168,387
Expenses$330,847$256,298$301,944
Qualifying Distributions$306,496$208,710$276,981
Net Investment Income$38,336$51,551$56,111
Distributable Amount$227,818$222,937$243,821

Giving Over Time

Total grant dollars and number of grants per year

$0$72K$144K$216K$289K38 grants202143 grants202238 grants202358 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

KANSAS CITY UNIVERSITY -…$20KMISSOURI SOUTHERN FOUNDA…$20KFAMILY SELF HELP CENTER …$15KBRIGHT FUTURES JOPLIN$10KBRIGHT FUTURES NEOSHO$10KHOPE 4 YOU BREAST CANCER…$8KCOMMUNITY CLINIC OF SOUT…$6KFOSTERING HOPE$6KAREA AGENCY ON AGING REG…$5KBOYS & GIRLS CLUB OF SOU…$5K

Grant Size Distribution

169 grants across all recorded years

169<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Chuck Brown - Senior Vice President and Trust Officer at Southwest Missouri Bank, managing the trust on behalf of Southwest Missouri Bank

Contact Information:

  • Phone: (417) 623-3424
  • Email: trust@smbonline.com
  • Address: 1000 E 32nd St, Joplin, MO 64804-4001

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Recent News & Activity

Recent developments and announcements

2025

The trust announced in March 2025 that it is accepting grant applications for the sixth consecutive year of grant availability. According to Southwest Missouri Bank leadership, the trust continues Bob Corley's legacy of generosity to the community. The foundation has distributed approximately $1,000,000 since its establishment, with multiple rounds of grants awarded annually to qualified nonprofits serving homeless and low-income populations in the region.

Southwest Missouri Bank announces Corley Grant availability | Newstalk KZRG

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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