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Also known as: REGIONS BANK CO-TRUSTEE
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J L Bedsole Foundation is a private trust based in MOBILE, AL. The foundation received its IRS ruling in 1972. It holds total assets of $55M. Annual income is reported at $25.4M. Total assets have grown from $36.4M in 2011 to $55M in 2024. The foundation is governed by 6 officers and trustees. Administration of scholars program (112 college/university students served), entrepreneurial program, and grants to exempt organizations. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Alabama. According to available records, J L Bedsole Foundation has made 448 grants totaling $7.8M, with a median grant of $6K. Annual giving has grown from $2.3M in 2020 to $5.5M in 2022. Individual grants have ranged from $250 to $500K, with an average award of $17K. The foundation has supported 247 unique organizations. Grants have been distributed to organizations in Alabama and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$6K
Average Grant
$15K
Largest Grant
$500K
Based on 165 grants from the most recent 990-PF filing.
Administration of scholars program (85 college/university students served), entrepreneurial program, and grants to exempt organizations
Expenses: $425K
Administration of scholars program (112 college/university students served), entrepreneurial program, and grants to exempt organizations. Based on available records, the foundation has funded 448 grants. Its grantmaking reaches organizations primarily in AL, FL.
J L Bedsole Foundation has distributed a total of $7.8M across 448 grants. The median grant size is $6K, with an average of $17K. Individual grants have ranged from $250 to $500K.
Grants and awards are made under two categories. 1)grants are made to qualified organizations exempt under 501(c)(3) or comparable charitable organization qualification. Such grants are restricted to those that will most effectively assist and promote the well-being of the inhabitants of the state of alabama, preferably those of southwest alabama.2)the jl bedsole foundation initiated the jl bedsole scholars program, which was pre-approved by the exempt org branch of the irs under a determination letter dated 4/15/93. The program is a limited scholarship grant program which annually awards initial scholarship grants to approximately 30 graduating high school seniors who are enrolled in a qualifying alabama university, college or technical school. Such grants are renewable for the term of the grantee's undergraduate course of study if certain qualifications are met. The grants are available to residents of 5 counties in southwest alabama.
J L Bedsole Foundation is headquartered in MOBILE, AL. While based in AL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| T Bestor Ward Iii | CHR DIST COMM & TRUSTEE | $85K | $0 | $85K |
| Travis M Bedsole Jr | MBR DIST COMM & TRUSTEE | $75K | $0 | $75K |
| Regions Bank | TRUSTEE | $37K | $0 | $37K |
| T Bestor Ward Iv | MBR DIST COMM | $20K | $0 | $20K |
| Winthrop M Hallett Iii | MBR DIST COMM | $15K | $0 | $15K |
| John White-Spunner | MBR DIST COMM | $4K | $0 | $4K |
Total Giving
N/A
Total Assets
$55M
Fair Market Value
N/A
Net Worth
$55M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
448
Total Giving
$7.8M
Average Grant
$17K
Median Grant
$6K
Unique Recipients
247
Most Common Grant
$6K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of MobilePHARR GYMNASIUM PROJECT | Mobile, AL | $100K | 2022 |
| University Of AlabamaBEDSOLE MOOT COURT UPGRADE | Tuscaloosa, AL | $50K | 2022 |
| Labor Of LoveMAKING PROGRESS-CAPITAL PROJECT COM. CTR. | Coffeeville, AL | $25K | 2022 |
| Mobile Area Chamber FoundationINNOVATION PORTAL - DEBT REDUCTION | Mobile, AL | $500K | 2022 |
| Ums-Wright Preparatory SchoolNEW DINING FACILITY | Mobile, AL | $250K | 2022 |
| Coastal Alabama PartnershipPROGRAM SUPPORT | Mobile, AL | $200K | 2022 |
| Alabama School Of Math & ScienceSCIENCE RESEARCH CENTER | Mobile, AL | $100K | 2022 |
| Exploreum Science CenterEDUCATIONAL PROGRAMMING | Mobile, AL | $75K | 2022 |
| Bayshore Christian SchoolPHASE 2 - FOR FUTURE GENERATIONS | Fairhope, AL | $75K | 2022 |
| United Way Of Southwest AlabamaTHE BASICS GRANT 2022 | Mobile, AL | $50K | 2022 |
| Little Flower Catholic SchoolPLAYGROUND | Mobile, AL | $50K | 2022 |
| Prodisee PantryCULTIVATE HEALTH OPTIONS IN A FOOD DESERT | Spanish Fort, AL | $50K | 2022 |
| Infirmary FoundationKEEPIN' IT REAL VIDEO SERIES | Mobile, AL | $45K | 2022 |
| Victory Health PartnersPROGRAM SUPPORT | Mobile, AL | $40K | 2022 |
| Country Club Estates Neighborhood AssnNEW SIDEWALKS & CROSSWALKS | Mobile, AL | $35K | 2022 |
| Big Brothers Big Sisters Of South AlabamaMENTORING PROGRAMS | Mobile, AL | $30K | 2022 |
| Mobile Symphony OrchestraPROGRAM SUPPORT | Mobile, AL | $30K | 2022 |
| History Museum Of MobileDRESSING THE ABBEY EXHIBITION | Mobile, AL | $25K | 2022 |
| Prichard Preparatory SchoolTECHNOLOGY MODERNIZATION PROJECT | Whistler, AL | $20K | 2022 |
| Dumas Wesley Community CenterPROGRAMS FOR UNDERSERVED YOUTH & SENIORS | Mobile, AL | $20K | 2022 |
| Mckemie PlaceOPERATIONAL SUPPORT | Mobile, AL | $20K | 2022 |
| St Luke'S Episcopal SchoolBIOMEDICAL SCIENCES PROGRAM EXPANSION | Mobile, AL | $19K | 2022 |
| Mobile Arts CouncilEXHIBITION SERIES | Mobile, AL | $15K | 2022 |
| Dauphin Island Sea Lab FoundationUNIVERSITY PROGRAM MICROSCOPES | Mobile, AL | $15K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL