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Mccorvey Family Foundation is a private trust based in MONTGOMERY, AL. The foundation received its IRS ruling in 2016. The principal officer is Regions Bank. It holds total assets of $265K. Annual income is reported at $71K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Alabama. According to available records, Mccorvey Family Foundation has made 8 grants totaling $60K, with a median grant of $1K. Annual giving has grown from $19K in 2021 to $37K in 2023. Individual grants have ranged from $1K to $36K, with an average award of $8K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$7K
Largest Grant
$18K
Based on 3 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.
Mccorvey Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in AL.
Mccorvey Family Foundation has distributed a total of $60K across 8 grants. The median grant size is $1K, with an average of $8K. Individual grants have ranged from $1K to $36K.
Mccorvey Family Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (816322864) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Mccorvey Family Foundation is headquartered in MONTGOMERY, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank | TRUSTEE | $6K | $0 | $6K |
| John Neill Mccorvey | ADVISORY COMMITTEE | $0 | $0 | N/A |
| Algie Neill Mccorvey | ADVISORY COMMITTEE | $0 | $0 | N/A |
Total Giving
$45K
Total Assets
$252K
Fair Market Value
$282K
Net Worth
$252K
Grants Paid
$37K
Contributions
N/A
Net Investment Income
$12K
Distribution Amount
$13K
Total: $77K
Total Grants
8
Total Giving
$60K
Average Grant
$8K
Median Grant
$1K
Unique Recipients
3
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St John'S Episcopal ChurchDONATION | Montgomery, AL | $36K | 2023 |
| Montgomery Area Council On AgingDONATION | Montgomery, AL | $1K | 2023 |
| Hospice Of MontgomeryDONATION | Montgomery, AL | $1K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL