W R Corley Memorial Trust CO SMB Trust Services
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
Under IRS private-foundation payout rules, W R Corley Memorial Trust CO SMB Trust Services reported a distributable amount of $228K for 2024 — the minimum it must pay out in qualifying distributions.
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
169 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kansas City University - Joplin ($20,000), Missouri Southern Foundation ($20,000), Family Self Help Center Inc Dba Lafayette House ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANGEL GUILD OF JOPLIN JOPLIN, MO | SUPPORT | $4,000 |
| AREA AGENCY ON AGING REGION X JOPLIN, MO | SUPPORT | $5,000 |
| CARTHAGE ARTS SUPPORT TEAM DBA ARTCENTRAL CARTHAGE, MO | SUPPORT | $2,000 |
| ASCENT RECOVERY RESIDENCES JOPLIN, MO | SUPPORT | $3,500 |
| BIG BROTHERS BIG SISTERS OF JASPER & NEWTON COUNTIES SAGINAW, MO | SUPPORT | $2,500 |
| BOYS & GIRLS CLUB OF SOUTHWEST MISSOURI JOPLIN, MO | SUPPORT | $5,000 |
| BREAST CANCER FOUNDATION OF THE OZARKS SPRINGFIELD, MO | SUPPORT | $5,000 |
| BRIGHT FUTURES JOPLIN JOPLIN, MO | SUPPORT | $10,000 |
| BRIGHT FUTURES NEOSHO NEOSHO, MO | SUPPORT | $10,000 |
| CARL JUNCTION HELPING HANDS MINISTRIES CARL JUNCTION, MO | SUPPORT | $3,000 |
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
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 KZRGSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does W R Corley Memorial Trust CO SMB Trust Services fund?
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.
How do I apply for a grant from W R Corley Memorial Trust CO SMB Trust Services?
**Grant Amounts & Frequency:** • Typical grant awards range from $750 to $20,000 • The foundation made 43 grants in 2024 • Recent grant examples include: Missouri Southern Foundation ($20,000), Lafayette House ($15,000), and Bright Futures Joplin ($10,000) **Application Process:** 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, wi…
Where does W R Corley Memorial Trust CO SMB Trust Services make grants?
Jasper and Newton Counties, Missouri, with primary focus on the Joplin region.
What size grants does W R Corley Memorial Trust CO SMB Trust Services award?
In 2024, W R Corley Memorial Trust CO SMB Trust Services awarded 58 grants totaling $280K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is W R Corley Memorial Trust CO SMB Trust Services required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, W R Corley Memorial Trust CO SMB Trust Services reported a distributable amount of $228K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is W R Corley Memorial Trust CO SMB Trust Services's EIN?
W R Corley Memorial Trust CO SMB Trust Services's EIN (Employer Identification Number) is 84-6694925. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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