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Also known as: EDUCATIONAL TRUST
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Austin L & Nell S Venable is a private trust based in BIRMINGHAM, AL. The foundation received its IRS ruling in 1990. The principal officer is Regions Bank Trust Dept. It holds total assets of $483K. Annual income is reported at $250K. The foundation is governed by 1 officer or trustee. Tax records are available from 2016 to 2024. According to available records, Austin L & Nell S Venable has made 4 grants totaling $54K, with a median grant of $15K. Annual giving has decreased from $30K in 2022 to $24K in 2024. Individual grants have ranged from $3K to $21K, with an average award of $14K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Austin L & Nell S Venable is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in AL.
Austin L & Nell S Venable has distributed a total of $54K across 4 grants. The median grant size is $15K, with an average of $14K. Individual grants have ranged from $3K to $21K.
The application deadline is SUBMISSION DEADLINES ARE JANUARY 1 AND MARCH 1 OF EACH YEAR.. Scholarships are available to persons in the top 25% of the high school graduating class and must be at least second generation natives of elmore county, al. Students must attend college at the university of alabama (in tuscaloosa or birmingham) or vanderbilt university. Scholarship recipients must maintain a "b" average and remain a full-time student.
Austin L & Nell S Venable is headquartered in BIRMINGHAM, AL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank | INV. TRUSTEE | $8K | $0 | $8K |
Total Giving
N/A
Total Assets
$483K
Fair Market Value
N/A
Net Worth
$483K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$54K
Average Grant
$14K
Median Grant
$15K
Unique Recipients
2
Most Common Grant
$20K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of AlabamaEDUCATIONAL SCHOLARSHIP | Tuscaloosa, AL | $21K | 2024 |
| University Of Alabama At BirminghamEDUCATIONAL SCHOLARSHIP | Birmingham, AL | $3K | 2024 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL