Stella B Smith Charitable Trust is located in Little Rock, AR. The organization was established in 1974. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stella B Smith Charitable Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Stella B Smith Charitable Trust generated $601.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.2%) each year. All expenses for the organization totaled $854.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Stella B Smith Charitable Trust has awarded 118 individual grants totaling $3,437,539. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael R Mayton Trustee | 4 | $75,000 | |
Catherine H Mayton Trustee | 4 | $69,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $28,584 |
| Dividends & Interest | $300,428 |
| Profit on Inventory Sales | $519 |
| Other Income | $744 |
| Total Revenue | $601,134 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $144,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $6,180 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $292,074 |
| Contributions, gifts, grants paid | $562,794 |
| Total expenses and disbursements | $854,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,121 |
| Investments—mortgage loans | $0 |
| Investments—other | $658,638 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Over the last fiscal year, Stella B Smith Charitable Trust has awarded $595,185 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ARKANSAS BLACK HALL OF FAME PURPOSE: GENERAL FUND | $10,000 |
ACCESS SCHOOLS PURPOSE: GENERAL FUND | $5,000 |
ARKANSAS MUSEUM OF FINE ARTS PURPOSE: GENERAL FUND | $162,500 |
ARKANSAS CHILDREN'S FOUNDATION PURPOSE: GENERAL FUND | $34,068 |
ARKANSAS SYMPHONY ORCHESTRA PURPOSE: GENERAL FUND | $102,500 |
EPISCOPAL COLLEGIATE SCHOOL PURPOSE: GENERAL FUND | $5,000 |