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Also known as: SCHOLARSHIP TRUST
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Jay & Corrine Tuthill Memorial Scholarship Trust is a private corporation based in HAYDEN, AL. The foundation received its IRS ruling in 1986. It holds total assets of $1.2M. Annual income is reported at $369K. Total assets have grown from $398K in 2011 to $1.1M in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Alabama, Tennessee and Arkansas. According to available records, Jay & Corrine Tuthill Memorial Scholarship Trust has made 27 grants totaling $69K, with a median grant of $2K. Annual giving has grown from $20K in 2021 to $49K in 2022. Individual grants have ranged from $900 to $5K, with an average award of $3K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Alabama, Tennessee, Mississippi, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$6K
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.
Jay & Corrine Tuthill Memorial Scholarship Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in AL, TN, MS.
Jay & Corrine Tuthill Memorial Scholarship Trust has distributed a total of $69K across 27 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $900 to $5K.
The application deadline is OPEN.
Jay & Corrine Tuthill Memorial Scholarship Trust is headquartered in HAYDEN, AL. While based in AL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jonathan Johnson | VP | $0 | $0 | N/A |
| Chester Thomas | SECRETARY | $0 | $0 | N/A |
| Derek Pigg | PRESIDENT | $0 | $0 | N/A |
Total Giving
$58K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1.1M
Grants Paid
$52K
Contributions
N/A
Net Investment Income
$51K
Distribution Amount
$55K
Total: $1.1M
Total Grants
27
Total Giving
$69K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
11
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of North AlabamaEDUCATIONAL | Florence, AL | $5K | 2022 |
| Heritage Christian UniversityEDUCATIONAL | Florence, AL | $4K | 2022 |
| Lee UniversityEDUCATIONAL | Cleveland, TN | $4K | 2022 |
| Cumberland UniversityEDUCATIONAL | Lebanon, TN | $3K | 2022 |
| Freed HardemanEDUCATIONAL | Henderson, TN | $2K | 2022 |
| Faulkner UniversityEDUCATIONAL | Montgomery, AL | $2K | 2022 |
| UahEDUCATIONAL | Huntsville, AL | $2K | 2022 |
| Blue Mountain CollegeEDUCATIONAL | Blue Mountain, MS | $2K | 2022 |
| Friends Of Locust ForkEDUCATIONAL | Cleveland, AL | $1K | 2022 |
| UabEDUCATIONAL | Birmingham, AL | $1K | 2021 |
| Cita TestingEDUCATIONAL | Stanford, NC | $900 | 2021 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL