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Jmt Foundation Trust is a private trust based in MOBILE, AL. The foundation received its IRS ruling in 2013. The principal officer is John R Wells. It holds total assets of $1.5M. Annual income is reported at $155K. Total assets have grown from $250K in 2012 to $1.5M in 2023. The foundation is governed by 3 officers and trustees. Provided a grant to munford church of christ in munford, al to provide financial support for missions and other activities of the congregation. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Alabama, Georgia and Florida. According to available records, Jmt Foundation Trust has made 12 grants totaling $226K, with a median grant of $16K. Individual grants have ranged from $1K to $45K, with an average award of $19K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Alabama and Georgia and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$16K
Average Grant
$19K
Largest Grant
$45K
Based on 6 grants from the most recent 990-PF filing.
Provided a grant to munford church of christ in munford, al to provide financial support for missions and other activities of the congregation
Expenses: $30K
Provided a grant to university church of christ in mobile, al to provide financial support for missions and other activities of the congregation
Expenses: $28K
Provided a grant to adairsville church of christ in adairsville, ga to provide financial support for missions and other activities of the congregation
Expenses: $10K
Provided a grant to rainbow omega, inc. In eastaboga, al to provide a sheltered community for adults with developmental disabilities
Expenses: $10K
Provided a grant to munford church of christ in munford, al to provide financial support for missions and other activities of the congregation. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in AL, GA, FL.
Jmt Foundation Trust has distributed a total of $226K across 12 grants. The median grant size is $16K, with an average of $19K. Individual grants have ranged from $1K to $45K.
Jmt Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Jmt Foundation Trust is headquartered in MOBILE, AL. While based in AL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Justin L Lackey | TRUSTEE | $0 | $0 | N/A |
| Louise L Clark | TRUSTEE | $0 | $0 | N/A |
| D Shane Clark | TRUSTEE | $0 | $0 | N/A |
Total Giving
$119K
Total Assets
$1.5M
Fair Market Value
$1.5M
Net Worth
$1.5M
Grants Paid
$118K
Contributions
$118K
Net Investment Income
$59K
Distribution Amount
N/A
Total Grants
12
Total Giving
$226K
Average Grant
$19K
Median Grant
$16K
Unique Recipients
6
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Munford Church Of ChristPROVIDE FINANCIALASSISTANCE FOR CHURCHPROGRAMS/MISSIONS | Munford, AL | $45K | 2022 |
| Rainbow Omega IncTO PROVIDEASSISTANCE TO THOSEWITH DISABILITIES | Eastaboga, AL | $25K | 2022 |
| University Church Of ChristPROVIDE FINANCIALSUPPORT FOR CHURCHPROGRAMS/MISSIONS | Mobile, AL | $22K | 2022 |
| Adairsville Church Of ChristPROVIDE FINANCIALASSISTANCE FOR CHURCHPROGRAMS/MISSIONS | Adairsville, GA | $10K | 2022 |
| City Of MunfordTO PROVIDEFINANCIAL SUPPORTFOR PUBLIC SAFETY | Munford, AL | $10K | 2022 |
| Florida School Of PreachingTO PROVIDETRAINING FOREVANGELISTS | Lakeland, FL | $1K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL