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Beach Foundation Trust B For First Baptist Ch 1055000138 is a private trust based in BIRMINGHAM, AL. The foundation received its IRS ruling in 1990. The principal officer is Regions Bank. It holds total assets of $3.7M. Annual income is reported at $705K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Beach Foundation Trust B For First Baptist Ch 1055000138 has made 3 grants totaling $496K, with a median grant of $183K. Annual giving has grown from $130K in 2021 to $365K in 2022. Individual grants have ranged from $130K to $183K, with an average award of $165K. Grant recipients are concentrated in Georgia. 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.
Beach Foundation Trust B For First Baptist Ch 1055000138 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in GA.
Beach Foundation Trust B For First Baptist Ch 1055000138 has distributed a total of $496K across 3 grants. The median grant size is $183K, with an average of $165K. Individual grants have ranged from $130K to $183K.
Beach Foundation Trust B For First Baptist Ch 1055000138 typically selects its grantees rather than accepting unsolicited proposals.
Beach Foundation Trust B For First Baptist Ch 1055000138 is headquartered in BIRMINGHAM, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank Trust Dept | TRUSTEE | $34K | $0 | $34K |
Total Giving
$246K
Total Assets
$3.7M
Fair Market Value
$3.8M
Net Worth
$3.7M
Grants Paid
$207K
Contributions
N/A
Net Investment Income
$83K
Distribution Amount
$183K
Total Grants
3
Total Giving
$496K
Average Grant
$165K
Median Grant
$183K
Unique Recipients
1
Most Common Grant
$183K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Baptist Ch Of BrunswickGENERAL OPERATING | Brunswick, GA | $183K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL