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Cagg Foundation Trust is a private association based in BIRMINGHAM, AL. The foundation received its IRS ruling in 1980. The principal officer is First Alabama Bank Trust Dept. It holds total assets of $124K. Annual income is reported at $19K. 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. The foundation primarily funds organizations in Alabama, Georgia and Massachusetts. According to available records, Cagg Foundation Trust has made 28 grants totaling $309K, with a median grant of $1K. Annual giving has grown from $41K in 2021 to $268K in 2022. Individual grants have ranged from $1K to $100K, with an average award of $11K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Alabama and Georgia and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$13K
Largest Grant
$100K
Based on 10 grants from the most recent 990-PF filing.
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.
Cagg Foundation Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in AL, GA, MA.
Cagg Foundation Trust has distributed a total of $309K across 28 grants. The median grant size is $1K, with an average of $11K. Individual grants have ranged from $1K to $100K.
Cagg Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Cagg Foundation Trust is headquartered in BIRMINGHAM, AL. While based in AL, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank | TRUSTEE | $5K | $0 | $5K |
Total Giving
$33K
Total Assets
$142K
Fair Market Value
$161K
Net Worth
$142K
Grants Paid
$27K
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
$8K
Total Grants
28
Total Giving
$309K
Average Grant
$11K
Median Grant
$1K
Unique Recipients
9
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mercy HouseGENERAL OPERATING | Amherst, MA | $1K | 2022 |
| Embrace ChurchGENERAL OPERATING | Auburn, AL | $100K | 2022 |
| Morehouse CollegeGENERAL OPERATING | Atlanta, GA | $15K | 2022 |
| Stegall Seminary ScholarshipGENERAL OPERATING | Montgomery, AL | $5K | 2022 |
| ChildprotectGENERAL OPERATING | Montgomery, AL | $2K | 2022 |
| Hope Inspired MinistryGENERAL OPERATING | Montgomery, AL | $1K | 2022 |
| That'S My ChildGENERAL OPERATING | Montgomery, AL | $1K | 2022 |
| Family PromiseGENERAL OPERATING | Montgomery, AL | $1K | 2022 |
| Leadership Of MontgomeryGENERAL OPERATING | Montgomery, AL | $1K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL