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Also known as: REGIONS BANK TRUST DEPARTMENT 2111002323
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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. The foundation is governed by 1 officer or trustee. 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 its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. 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
N/A
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 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN