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L W Allison Scholarship Trust 529 1055000361 is a private trust based in BIRMINGHAM, AL. The foundation received its IRS ruling in 1995. The principal officer is Amsouth Bank. It holds total assets of $440K. Annual income is reported at $154K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, L W Allison Scholarship Trust 529 1055000361 has made 6 grants totaling $71K, with a median grant of $12K. Annual giving has grown from $24K in 2021 to $47K in 2022. Individual grants have ranged from $8K to $16K, with an average award of $12K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Alabama and Georgia. 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.
L W Allison Scholarship Trust 529 1055000361 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in AL, GA.
L W Allison Scholarship Trust 529 1055000361 has distributed a total of $71K across 6 grants. The median grant size is $12K, with an average of $12K. Individual grants have ranged from $8K to $16K.
L W Allison Scholarship Trust 529 1055000361 typically selects its grantees rather than accepting unsolicited proposals.
L W Allison Scholarship Trust 529 1055000361 is headquartered in BIRMINGHAM, AL. While based in AL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank Trust Dept | TRUSTEE | $5K | $0 | $5K |
Total Giving
$27K
Total Assets
$444K
Fair Market Value
$442K
Net Worth
$444K
Grants Paid
$21K
Contributions
N/A
Net Investment Income
$20K
Distribution Amount
$21K
Total Grants
6
Total Giving
$71K
Average Grant
$12K
Median Grant
$12K
Unique Recipients
3
Most Common Grant
$8K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jacksonville State UniversitySCHOLARSHIPS | Jacksonville, AL | $16K | 2022 |
| Office Of The President Young HarrisSCHOLARSHIPS | Young Harris, GA | $8K | 2022 |
| Young Harris CollegeSCHOLARSHIPS | Young Harris, GA | $8K | 2021 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL