Smart Wallace Education Trust | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Smart Wallace Education Trust. Data shown is extracted from Form 990-PF filings.
EIN: 75-6085142
Foundation Overview
Based in Mineral Wells, TX, Smart Wallace Education Trust has awarded 9 grants totaling $46,225 to organizations in Texas. Individual grants range from $500 to $14,075, with a median award of $750.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
5 of 5 recipients (100%) were new grantees. Foundation prioritizes discovering new partners. Most funding supports first-time applicants with compelling missions.
Geographic Focus
100% of all grants are concentrated in Texas, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Texas, funding concentrates in Mineral Wells (67%), Weatherford (22%), Stephenville (11%).
Funding Trajectory
Strong 1777% growth in annual giving over 6 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.
Program Areas
Highly focused on education with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Smart Wallace Education Trust's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Mineral Wells High School 50 Year | $14,075 | Mineral Wells, TX, US | Scholarship Fund Contribution | 2022 |
| Mineral Wells High School 50 Year | $14,075 | Mineral Wells, TX, US | Scholarship Fund Contribution | 2022 |
| Weatherford College | $500 | Weatherford, TX, US | Scholarship For Entering Student | 2022 |
| Mineral Wells High School 50 Year | $14,075 | Mineral Wells, TX, US | Scholarship Fund Contribution | 2022 |
| Weatherford College | $500 | Weatherford, TX, US | Scholarship For Entering Student | 2022 |
| Tarleton State University | $1,000 | Stephenville, TX, US | Scholarship For Entering Student | 2021 |
| Graduating Senior College Of Choice | $750 | Mineral Wells, TX, US | College Scholarship | 2018 |
| Graduating Senior | $500 | Mineral Wells, TX, US | College Scholarship | 2017 |
| High School Graduating Senior | $750 | Mineral Wells, TX, US | College Scholarship | 2016 |
Foundations Similar to Smart Wallace Education Trust
Discover 5 foundations with comparable assets ($13,747-$14,004), similar grant patterns, and geographic focus in TX that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Carrie Rothschild Memorial Fund Ua
EIN: 22-6049044 | 13 grants awarded |
$13,908
(≈ Similar) |
$534
median grant |
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Same state |
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|
Johnston Family Foundation
EIN: 92-0323800 | 1 grants awarded |
$13,889
(≈ Similar) |
$400
median grant |
Kingwood, TX
Same state |
|
|
Crowell Foundation
EIN: 84-4117685 | 5 grants awarded |
$14,000
(≈ Similar) |
$1,000
median grant |
The Woodlands, TX
Same state |
|
|
Molly Crouch Anderson Scholarship
EIN: 20-0013938 | 80 grants awarded |
$14,004
(≈ Similar) |
$1,030
median grant |
Itasca, TX
Same state |
|
|
Jamie & Stanley Brite Nursing Scholarship Fund
EIN: 47-2681774 | 111 grants awarded |
$13,747
(≈ Similar) |
$500
median grant |
Junction, TX
Same state |
|
Related Foundation Resources in TX:
Contact Information
Official contact details for Smart Wallace Education Trust as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 75-6085142 |
| Website | N/A |
| Address | 415 NE 4TH AVE Mineral Wells, TX 76067-4423 |
Key People (4)
Board members, trustees, and key staff who oversee Smart Wallace Education Trust's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| Trustee Part | Carla Hay |
|---|---|
| Trustee Part | Rhett Warren |
| Trustee Part | Kathy Boswell |
| Trustee Part | Margaret Colton |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Smart Wallace Education Trust is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.