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Jeanette E & Benjamin F Hunter Scholarship Trust is a private trust based in BIRMINGHAM, AL. The foundation received its IRS ruling in 1995. The principal officer is Regions Bank Trust Dept. It holds total assets of $5.8M. Annual income is reported at $1.7M. Total assets have grown from $1.4M in 2011 to $5.9M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Jeanette E & Benjamin F Hunter Scholarship Trust has made 3 grants totaling $723K, with a median grant of $236K. Annual giving has grown from $251K in 2020 to $472K in 2022. Individual grants have ranged from $236K to $251K, with an average award of $241K. Grant recipients are concentrated in Illinois. 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.
Jeanette E & Benjamin F Hunter Scholarship Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IL.
Jeanette E & Benjamin F Hunter Scholarship Trust has distributed a total of $723K across 3 grants. The median grant size is $236K, with an average of $241K. Individual grants have ranged from $236K to $251K.
Jeanette E & Benjamin F Hunter Scholarship Trust typically selects its grantees rather than accepting unsolicited proposals.
Jeanette E & Benjamin F Hunter Scholarship Trust is headquartered in BIRMINGHAM, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank Trust Dept | TRUSTEE | $66K | $0 | $66K |
Total Giving
$365K
Total Assets
$5.9M
Fair Market Value
$6.3M
Net Worth
$5.9M
Grants Paid
$286K
Contributions
N/A
Net Investment Income
$108K
Distribution Amount
$298K
Total Grants
3
Total Giving
$723K
Average Grant
$241K
Median Grant
$236K
Unique Recipients
1
Most Common Grant
$236K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of IllinoisGENERAL OPERATING | Champaign, IL | $236K | 2022 |