Smith & Waldrop Foundation
Preselected recipients only
Smith & Waldrop Foundation is a private foundation in Picayune, Mississippi. In tax year 2024 it gave $357,177 in 2 grants; the typical grant was $178,588 and the largest $267,883. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$357,177
- Number of grants2
- Typical grant$178,588
- Largest grant$267,883
- Assets$3.2 million
- New grantees0%
Giving in 2024 was down from $563,568 the year before.
0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $563,568 | 2 | $2.9 million |
| 2024 | $357,177 | 2 | $3.2 million |
How to apply
Smith & Waldrop Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Smith & Waldrop Foundation funds
Where it gives
All of its grants went to recipients in Mississippi.
| State | Grants | Amount |
|---|---|---|
| Mississippi | 2 | $357,177 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| University of Ms Foundation | The foundation contributed 75 percent of the net distributions from the s corporation stock to the university of mississippi to fund scholarships to students as instructed by founder of the foundation and donor of the stock. | $267,883 |
| Episcopal Diocese of Ms | The foundation contributed 25 percent of the foundation's net distributions from the s corporation stock to the episcopal diocese per the founder of the foundation and donor of the stock. | $89,294 |
Officers and trustees
- David B Hemeter
- Joseph C Stewart
- Byron Stockstill
Questions people ask
Does Smith & Waldrop Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Smith & Waldrop Foundation give?
$357,177 in tax year 2024, across 2 grants, with a typical grant of $178,588.
Who runs Smith & Waldrop Foundation?
Its 2024 filing lists David B Hemeter (President), Joseph C Stewart (Vice President) and Byron Stockstill (Secretary/Treas).
What does Smith & Waldrop Foundation fund?
Based on its grants, mainly education and faith communities.