Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
William B Redden Mrtl Trust is a private corporation based in BIRMINGHAM, AL. The foundation received its IRS ruling in 2018. The principal officer is Regions Bank Trust Department. It holds total assets of $368K. Annual income is reported at $73K. 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 2020 to 2023. According to available records, William B Redden Mrtl Trust has made 3 grants totaling $59K, with a median grant of $20K. Annual giving has grown from $19K in 2021 to $40K in 2022. Individual grants have ranged from $19K to $20K, with an average award of $20K. 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.
William B Redden Mrtl Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in AL.
William B Redden Mrtl Trust has distributed a total of $59K across 3 grants. The median grant size is $20K, with an average of $20K. Individual grants have ranged from $19K to $20K.
William B Redden Mrtl Trust typically selects its grantees rather than accepting unsolicited proposals.
William B Redden Mrtl Trust is headquartered in BIRMINGHAM, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank Trust Dept | TRUSTEE | $7K | $0 | $7K |
Total Giving
$26K
Total Assets
$375K
Fair Market Value
$379K
Net Worth
$375K
Grants Paid
$17K
Contributions
N/A
Net Investment Income
$12K
Distribution Amount
$18K
Total Grants
3
Total Giving
$59K
Average Grant
$20K
Median Grant
$20K
Unique Recipients
2
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Presbyterian Home For Children AttentionGENERAL OPERATING | Talladega, AL | $20K | 2022 |
| Presbyterian Home For ChildrenGENERAL OPERATING | Talladega, AL | $19K | 2021 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL