Nonprofit · EIN 72-1253348
KARL C SMITH MEMORIAL SCHOLARSHIP FUND
Tax-exempt · NEW ORLEANS, LA 70139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $19,843 | $18,063 | $1,780 | $286,160 | $0 | $286,160 |
| June 30, 2024 | 990-PF | $18,874 | $17,267 | $1,607 | $284,079 | $0 | $284,079 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Dividends
- $6,842
- Net gain from sales of assets
- $13,001
Expenses
- Grants and similar amounts paid
- $12,252
- Compensation of officers, directors and key employees
- $4,441
- Disbursements for charitable purposes
- $14,362
- Excise tax on investment income
- $227
Balance sheet and other
- Total assets, start of year
- $284,079
- Total assets, end of year
- $286,160
- Total liabilities, end of year
- $0
- Net assets, end of year
- $286,160
- Fair market value of assets
- $315,720
- Qualifying distributions
- $14,362
- Net investment income
- $19,843
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HANCOCK WHITNEY BANK 701 POYDRAS ST STE 3100, NEW ORLEANS, LA 70139 | TRUSTEE | 1 | $4,441 |
990-PF for the year ended June 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HANCOCK WHITNEY BANK 701 POYDRAS ST STE 3100, NEW ORLEANS, LA 70139 | TRUSTEE | 1 | $4,161 |
Address and contacts
- Address (IRS master file)
- 701 POYDRAS STREET STE 3100, NEW ORLEANS, LA 70139-6001
- In care of
- % CAPITAL ONE NA TTEE
- Signed the 990-PF
- HANCOCK WHITNEY BANK, TRUST TAX MGR
- Phone
- (504) 586-7421
- Return prepared by
- KPMG LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 72-1253348
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1994
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $286,160
- Income (IRS master file)
- $57,893
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $19,843 | $18,063 | $286,160 | IRS |
| 990-PF | June 2024 | $18,874 | $17,267 | $284,079 | XML |
| 990-PF | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 72-1253348).
Questions about KARL C SMITH MEMORIAL SCHOLARSHIP FUND
- What is the EIN of KARL C SMITH MEMORIAL SCHOLARSHIP FUND?
- The employer identification number (EIN) of KARL C SMITH MEMORIAL SCHOLARSHIP FUND is 72-1253348.
- Is KARL C SMITH MEMORIAL SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to KARL C SMITH MEMORIAL SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KARL C SMITH MEMORIAL SCHOLARSHIP FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KARL C SMITH MEMORIAL SCHOLARSHIP FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KARL C SMITH MEMORIAL SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of KARL C SMITH MEMORIAL SCHOLARSHIP FUND?
- The 990-PF for the year ended June 30, 2025 lists 1 person; 1 received compensation from the organization, the highest $4,441 (HANCOCK WHITNEY BANK, TRUSTEE).
- How much revenue does KARL C SMITH MEMORIAL SCHOLARSHIP FUND have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $19,843, expenses of $18,063 and total assets of $286,160 at year end.
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