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Also known as: REGIONS BANK
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Thomas L Turner Charitable Trust is a private trust based in MOBILE, AL. The foundation received its IRS ruling in 1998. The principal officer is P Roberts Regions Bank. It holds total assets of $973K. Annual income is reported at $192K. Total assets have decreased from $2M in 2011 to $1.1M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2023. Grantmaking is concentrated in Alabama. According to available records, Thomas L Turner Charitable Trust has made 46 grants totaling $505K, with a median grant of $10K. Annual giving has grown from $98K in 2021 to $165K in 2023. Grantmaking activity was highest in 2022 with $242K distributed across 22 grants. Individual grants have ranged from $3K to $46K, with an average award of $11K. The foundation has supported 22 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$8K
Average Grant
$8K
Largest Grant
$20K
Based on 11 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.
Thomas L Turner Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 46 grants. Its grantmaking reaches organizations primarily in AL.
Thomas L Turner Charitable Trust has distributed a total of $505K across 46 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $3K to $46K.
Grants are made to such public charitable, scientific or educational uses and purposes as may be selected from time to time by the trust distribution committee in its absolute discretion, as will, in the comittee's opinion, assist and promote the well being of inhabitants of the state of alabama, preferably those of southwest alabama.
Thomas L Turner Charitable Trust is headquartered in MOBILE, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank | TRUSTEE | $42K | $0 | $42K |
| Edmon H Mckinley | DISTRIBUTION COMM. CHAIR | $5K | $0 | $5K |
| James A Cox | DISTRIBUTION COMM. MEMBER | $3K | $0 | $3K |
| Emory Mosley | DISTRIBUTION COMM. MEMBER | $3K | $0 | $3K |
| Louis Finlay | DISTRIBUTION COMM. MEMBER | $0 | $0 | N/A |
Total Giving
$231K
Total Assets
$1.1M
Fair Market Value
$2.4M
Net Worth
$1.1M
Grants Paid
$165K
Contributions
N/A
Net Investment Income
$28K
Distribution Amount
$123K
Total: $364K
Total Grants
46
Total Giving
$505K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
22
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Clarke County Historical SocietyASSIST IN ITS CHARITABLE PURPOSES | Grove Hill, AL | $25K | 2023 |
| City Of Thomasville Recreation DeptASSIST IN ITS CHARITABLE PURPOSE | Thomasville, AL | $20K | 2023 |
| West Bend Baptist ChurchASSIST IN ITS CHARITABLE PURPOSE | Coffeeville, AL | $20K | 2023 |
| Washington County LibraryASSIST IN ITS CHARITABLE PURPOSE | Chatom, AL | $15K | 2023 |
| Community Foundation Of Southwest AlabamaASSIST IN ITS CHARITABLE PURPOSE | Mobile, AL | $15K | 2023 |
| St Stephens Historical CommissionASSIST IN ITS CHARITABLE PURPOSE - MAINTENANCE OF OLD COURTHOUSE | St Stephens, AL | $15K | 2023 |
| Town Of CoffeevilleASSIST IN ITS CHARITABLE PURPOSE | Coffeeville, AL | $15K | 2023 |
| Thomasville United Methodist ChurchASSIST IN ITS CHARITABLE PURPOSE | Thomasville, AL | $10K | 2023 |
| Ebenezer Methodist ChurchASSIST IN ITS CHARITABLE PURPOSE | Wagarville, AL | $10K | 2023 |
| Grove Hill United Methodist ChurchASSIST IN ITS CHARITABLE PURPOSE | Grove Hill, AL | $10K | 2023 |
| Archeology Of Clark CountyASSIST IN ITS CHARITABLE PURPOSE | Grove Hill, AL | $10K | 2023 |
| Alabama Society Sons Of American RevolutionASSIST IN ITS CHARITABLE PURPOSE - SAR MUSEUM SHIP | Crossville, AL | $10K | 2022 |
| Grove Hill Public LibraryASSIST IN ITS CHARITABLE PURPOSE | Grove Hill, AL | $6K | 2022 |
| Gainestown United Methodist ChurchASSIST IN ITS CHARITABLE PURPOSE | Gainestown, AL | $5K | 2022 |
| United Way Of Southwest AlabamaASSIST IN ITS CHARITABLE PURPOSE | Mobile, AL | $5K | 2022 |
| Boys And Girls ClubASSIST IN ITS CHARITABLE PURPOSE | Dothan, AL | $3K | 2022 |
| Community Foundation Of South AlabamaASSIST IN ITS CHARITABLE PURPOSES - SAR YOUTH PROGRAM | Mobile, AL | $11K | 2021 |
| Clarke County High School Band ProgramASSIST IN ITS CHARITABLE PURPOSE | Grove Hill, AL | $7K | 2021 |
| United Methodist Church Of ThomasvilleASSIST IN ITS CHARITABLE PURPOSE | Thomasville, AL | $6K | 2021 |
| Clarke County Prep SchoolASSIST IN ITS CHARITABLE PURPOSE | Grove Hill, AL | $6K | 2021 |
| Thomasville Public Library FoundationASSIST IN ITS CHARITABLE PURPOSES - NEW LIBRARY PROJECT | Thomasville, AL | $6K | 2021 |
| White Smith Memorial LibraryASSIST IN ITS CHARITABLE PURPOSE | Jackson, AL | $4K | 2021 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL