WB Small Trust
Accepts applications
WB Small Trust is a private foundation in Cedar Falls, Iowa. In tax year 2025 it gave $98,000 in 49 grants; the typical grant was $2,000 and the largest $2,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$98,000
- Number of grants49
- Typical grant$2,000
- Largest grant$2,000
- Assets$2.2 million
Giving in 2025 was up from $87,500 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $104,000 | 41 | $2.1 million |
| 2024 | $87,500 | 41 | $2.1 million |
| 2025 | $98,000 | 49 | $2.2 million |
How to apply
| Contact | Board of Trustees WB Small Trust PO Box 1034, Cedar Falls, IA 50613 |
|---|---|
| Phone or email | (319) 277-8000, wbsmalltrust@gmail.com |
| What to submit | Applications should be submitted online through the trust website (www.wbsmalltrust.com). The application requests recipient's personal information, work experience, educational information, church membership and financial circumstances. The application should be accompanied by an essay, three references and an official transcript. |
| Restrictions | The grant-making procedures of the w.b. Small trust approved by IRS do not contain restrictions or limitations on awards. However, the trustees generally limit grants to $2,000 per semester, per applicatnt. |
Foundation website IRS filings on ProPublica
What WB Small Trust funds
Where it gives
Its grants went to recipients in 8 states, the most to Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 17 | $34,000 |
| Illinois | 16 | $32,000 |
| Missouri | 7 | $14,000 |
| New Jersey | 3 | $6,000 |
| Wisconsin | 3 | $6,000 |
| Indiana | 1 | $2,000 |
| North Carolina | 1 | $2,000 |
| Texas | 1 | $2,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
| Individual | Tuition/books | $2,000 |
Officers and trustees
- Robert L Smith Jr
- Reverend Cathy F Young
- Lori Johnson
- Jack R Locke
Questions people ask
Does WB Small Trust accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does WB Small Trust give?
$98,000 in tax year 2025, across 49 grants, with a typical grant of $2,000.
Who runs WB Small Trust?
Its 2025 filing lists Robert L Smith Jr (Trustee), Reverend Cathy F Young (Trustee), Lori Johnson (Trustee) and Jack R Locke (Trustee).
What does WB Small Trust fund?
Based on its grants, mainly education.