The Steve and Kate Smith Community Trust
About Steve and Kate Smith The Smiths
Stephen Pitson Smith and Ada Kathleen Dodson Smith lived a quiet, unassuming life for many years after their retirements. Steve had been an owner in his family's machine manufacturing business, Powermatic Machine Company. Kate was a graduate of the old Tennessee College in Murfreesboro, and taught in the McMinnville schools prior to her marriage to Steve.
Since Steve and Kate did not have children, the couple decided to utilize their wealth to help children in their community who may not be as fortunate as they were.
In their estate planning, Steve and Kate established a trust designated as the Steve and Kate Smith Community Trust.
Establishing the Trust
Steve created the mission for the trust as part of his last will and testament, before his passing in 2012.
He stated that he wished "to enhance the quality of life of the children in Warren County, Tennessee." He believed this goal could be accomplished by supporting charitable organizations that "address the physical, mental, educational, artistic and spiritual needs of the children in our county."
He charged the Trustee, First National Bank of McMinnville, Tennessee, with the responsibility of developing the procedures necessary to carry out the goals of the trust.
First National Bank of McMinnville is honored to administer grants once a year to eligible non-profit organizations.
Who Is Eligible To Receive a Grant?
The Trustee makes grants to nonprofit organizations located in Warren County, Tennessee.
The nonprofit must be an organization described in Sections 501(c)(3) and 509(a)(1), (2) or (3) of the code, and must be exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code.
In considering grant applications, the Trustee abides by the mission Mr. and Mrs. Smith established for the trust: to enhance the quality of life of the children of Warren County, Tennessee, by addressing their physical, mental, educational, artistic and spiritual needs.
Special consideration is given to applications requesting matching funds.
When Can I Apply?
The Committee reviews grants once a year. However, grant applications are accepted throughout the year.
In order to receive a grant for 2014, applications must be received by April 30, 2014, for a decision on or before June 30, 2014.
The Proposal Cover Sheet, along with the full proposal in hard copy, must be received by First National Bank of McMinnville no later than April 30, 2014. We will inform you of a decision on the proposal by no later than June 30, 2014.
How Do I Apply?
Applicants should begin by reviewing the Application Checklist. You may then begin the application process by completing the Proposal Cover Sheet. Those may be downloaded here:
• Application Checklist Downloadable in PDF form.
• Proposal Cover Sheet May be filled out online.
Once you have filled out the Cover Sheet and put together all the information set out in the Application Checklist, you need to submit the full proposal, in hard copy, to:
David Marttala, Trust Administrator
First National Bank
200 East Main Street
McMinnville, TN 37110
View our press release to read more about Steve and Kate Smith, and the trust they established.
Thank you for your interest in the Steve and Kate Smith Community Trust in 2014.