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Also known as: REGIONS BANK TRUSTEE #1255000704
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Thaddeus H Waterman Trust 15461403 is a private trust based in MOBILE, AL. The foundation received its IRS ruling in 2003. It holds total assets of $756K. Annual income is reported at $274K. 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, Thaddeus H Waterman Trust 15461403 has made 8 grants totaling $173K, with a median grant of $21K. The foundation has distributed between $40K and $90K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $90K distributed across 4 grants. Individual grants have ranged from $10K to $34K, with an average award of $22K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Alabama. 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.
Thaddeus H Waterman Trust 15461403 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.
Thaddeus H Waterman Trust 15461403 has distributed a total of $173K across 8 grants. The median grant size is $21K, with an average of $22K. Individual grants have ranged from $10K to $34K.
Thaddeus H Waterman Trust 15461403 typically selects its grantees rather than accepting unsolicited proposals.
Thaddeus H Waterman Trust 15461403 is headquartered in MOBILE, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank Trust Department | TRUSTEE | $11K | $0 | $11K |
Total Giving
$54K
Total Assets
$756K
Fair Market Value
$814K
Net Worth
$756K
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$15K
Distribution Amount
$39K
Total: $728K
Total Grants
8
Total Giving
$173K
Average Grant
$22K
Median Grant
$21K
Unique Recipients
2
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of South AlabamaFOR PROVIDING SCHOLARSHIPS | Mobile, AL | $30K | 2023 |
| Mobile Mental Health CenterFOR PURPOSES DESIGNATED BY BOARD OF TRUSTEES | Mobile, AL | $10K | 2023 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL