Margaret Smith Weeks & Marie Stuart Smith Memorial Charitable Trust

Organization Overview

Margaret Smith Weeks & Marie Stuart Smith Memorial Charitable Trust is located in Ardmore, OK. The organization was established in 1989. According to its NTEE Classification (T30) the organization is classified as: Public 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. Margaret Smith Weeks & Marie Stuart Smith Memorial 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, Margaret Smith Weeks & Marie Stuart Smith Memorial Charitable Trust generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $843.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FINANCIAL SUPPORT OF 501(C) (3) ORGANIZATION, CROSS TIMBERS HOSPICE, ARDMORE OK 73401

Describe the Organization's Program Activity:

FINANCIAL SUPPORT OF CROSS TIMBERS HOSPICE, A 501(C)(3) ORGANIZATION


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $385,054
Tax Exempt Bond Proceeds $0
Royalties $806,439
Net Rental Income $0
Net Gain/Loss on Asset Sales $19,160
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $107,617
Miscellaneous Revenue$0
Total Revenue $1,318,490

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