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Also known as: REGIONS BANK TRUST DEPARTMENT 2111002323
Nina M R Albright Charitable Remainder Trust U/W is a private trust based in MEMPHIS, TN. The foundation received its IRS ruling in 2007. The principal officer is % Regions Bank Trust Department. It holds total assets of $1.6M. Annual income is reported at $639K. NET INCOME OF TRUST IS DISTRIBUTED 100% TO THE UNIVERSITY OF TENNESSEE TO BE USED FOR THE GENERAL PURPOSE OF ITS MEDICAL UNITS AT MEMPHIS,TN. According to available records, Nina M R Albright Charitable Remainder Trust U/W has made 5 grants totaling $428K, with a median grant of $84K. The foundation has distributed between $81K and $181K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $181K distributed across 2 grants. Individual grants have ranged from $81K to $91K, with an average award of $86K. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
NET INCOME OF TRUST IS DISTRIBUTED 100% TO THE UNIVERSITY OF TENNESSEE TO BE USED FOR THE GENERAL PURPOSE OF ITS MEDICAL UNITS AT MEMPHIS,TN.
Expenses: $81K
NET INCOME OF TRUST IS DISTRIBUTED 100% TO THE UNIVERSITY OF TENNESSEE TO BE USED FOR THE GENERAL PURPOSE OF ITS MEDICAL UNITS AT MEMPHIS,TN. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in TN.
Nina M R Albright Charitable Remainder Trust U/W has distributed a total of $428K across 5 grants. The median grant size is $84K, with an average of $86K. Individual grants have ranged from $81K to $91K.
Nina M R Albright Charitable Remainder Trust U/W typically selects its grantees rather than accepting unsolicited proposals.
Nina M R Albright Charitable Remainder Trust U/W is headquartered in MEMPHIS, TN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank | TRUSTEE | $25K | $0 | $25K |
Total Giving
$112K
Total Assets
$1.6M
Fair Market Value
$1.7M
Net Worth
$1.6M
Grants Paid
$84K
Contributions
$0
Net Investment Income
$60K
Distribution Amount
$89K
Total Grants
5
Total Giving
$428K
Average Grant
$86K
Median Grant
$84K
Unique Recipients
1
Most Common Grant
$91K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Tennessee Medical Units Of Memphis TnLOANS AVAILABLE TO MEDICAL UNIT STUDENTS FOR EDUCATION | Memphis, TN | $84K | 2023 |
KNOXVILLE, TN
WESTWOOD, MA
GRINNELL, IA
FRANKLIN, TN
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