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Eternal Trust Foundation is a private corporation based in BIRMINGHAM, AL. The foundation received its IRS ruling in 2014. The principal officer is David Nichols. It holds total assets of $821K. Annual income is reported at $241K. Total assets have grown from $4K in 2013 to $821K in 2024. The foundation is governed by 4 officers and trustees. Provide funding for other charities. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Alabama and North Carolina. According to available records, Eternal Trust Foundation has made 42 grants totaling $136K, with a median grant of $1K. Annual giving has grown from $36K in 2020 to $100K in 2022. Individual grants have ranged from $500 to $16K, with an average award of $3K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in Florida, Alabama, Minnesota, which account for 43% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$3K
Largest Grant
$15K
Based on 16 grants from the most recent 990-PF filing.
Provide funding for other charities
Expenses: $103K
Provide funding for other charities. Based on available records, the foundation has funded 42 grants. Its grantmaking reaches organizations primarily in FL, AL, MN.
Eternal Trust Foundation has distributed a total of $136K across 42 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from $500 to $16K.
Must be evangelical or religious not for profit organization.
Eternal Trust Foundation is headquartered in BIRMINGHAM, AL. While based in AL, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Nichols | PRESIDENT | $0 | $0 | N/A |
| Holly Nichols | SECRETARY | $0 | $0 | N/A |
| Bryan D Nichols | EXEC DIRECVICE PRES | $0 | $0 | N/A |
| Melinda Nichols | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$821K
Fair Market Value
N/A
Net Worth
$821K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
42
Total Giving
$136K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
21
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Open DoorsRELIGIOUS | Santa Ana, CA | $1K | 2022 |
| Youth With A MissionRELIGIOUS | Orlando, FL | $15K | 2022 |
| Hope For Uganda OrphanageRELIGIOUS | Minnetonka, MN | $9K | 2022 |
| Childrens Bible MinistriesRELIGIOUS | Mentone, AL | $5K | 2022 |
| Baptist Fellowship InternationalRELIGIOUS | Springfield, MO | $5K | 2022 |
| Little Lamb InternationalRELIGIOUS | New Ipswich, NH | $3K | 2022 |
| Marc Christian FellowshipRELIGIOUS | North Las Vegas, NV | $2K | 2022 |
| Community Christian CouncilRELIGIOUS | Trussville, AL | $2K | 2022 |
| Hope Builders InternationalRELIGIOUS | Austin, TX | $2K | 2022 |
| Ponderosa Bible CampRELIGIOUS | Mentone, AL | $1K | 2022 |
| Life Gate ChurchRELIGIOUS | Madison, AL | $1K | 2022 |
| Chosen People MinistriesRELIGIOUS | New York, NY | $1K | 2022 |
| Voice Of The MartyrRELIGIOUS | Bartlesville, OK | $1K | 2022 |
| Indo PartnersRELIGIOUS | Gilbert, AZ | $1K | 2022 |
| JaarsRELIGIOUS | Waxhaw, NC | $1K | 2022 |
| Mars HillRELIGIOUS | Mars Hill, NC | $1K | 2022 |
| Grace School Of TheologyRELIGIOUS | Conroe, TX | $5K | 2020 |
| Childrens Bible Ministries UtahRELIGIOUS | Rockford, MI | $5K | 2020 |
| Globeworks InternationalRELIGIOUS | Birmingham, AL | $2K | 2020 |
| Wycliffe Bible TRELIGIOUS | Orlando, FL | $1K | 2020 |
| Compassion InternationalRELIGIOUS | Fallbrook, CA | $1K | 2020 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL