REGIONS FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: REGIONS FOUNDATION (EIN 63-1144265)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-08-28
IRS object ID: 202422419349100517
Schema version: 2023v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-08-28T15:04:17-05:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	580692043	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MAULDIN & JENKINS LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2000 SOUTHBRIDGE PARKWAY STE 501	AddressLine1Txt
City	BIRMINGHAM	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	35209	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	631144265	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	REGIONS FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	REGI	BusinessNameControlTxt
Phone	2054207753	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1900 5TH AVENUE NORTH FLOOR 23	AddressLine1Txt
City	BIRMINGHAM	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	35203	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LEROY ABRAHAMS	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2054207753	PhoneNum
Signature	2024-08-28	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MEREDITH M SMITH	PreparerPersonNm
PTIN	P00663029	PTIN
Phone	2054452880	PhoneNum
Preparation	2024-08-28	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-08-08 14:25:15Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$125,423,567	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$0	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$2,843,680	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$2,843,680	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$1,530,084	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$38,814,681	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$1,530,084	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$12,766	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$12,766	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$4,386,530	TotalRevAndExpnssAmt
Total Net Invst Incm	$4,386,530	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$9,880	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$4,940	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$4,940	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$18,320	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$9,160	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$9,160	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$30,802	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$15,401	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$15,401	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$30,780	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$15,390	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$15,390	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$92,859	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$46,429	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$46,430	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$182,641	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$91,320	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$91,321	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$3,025,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$2,325,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$3,207,641	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$91,320	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$2,416,321	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$1,178,889	ExcessRevenueOverExpensesAmt
Net Investment Income	$4,295,210	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$4,208,736	CashBOYAmt
Cash EOY	$3,454,390	CashEOYAmt
Cash EOYFMV	$3,454,390	CashEOYFMVAmt
Other Investments BOY	$103,315,499	OtherInvestmentsBOYAmt
Other Investments EOY	$115,183,613	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$115,183,613	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$5,846,094	OtherAssetsBOYAmt
Other Assets EOY	$6,785,564	OtherAssetsEOYAmt
Other Assets EOYFMV	$6,785,564	OtherAssetsEOYFMVAmt
Total Assets BOY	$113,370,329	TotalAssetsBOYAmt
Total Assets EOY	$125,423,567	TotalAssetsEOYAmt
Total Assets EOYFMV	$125,423,567	TotalAssetsEOYFMVAmt
Grants Payable BOY	$1,101,400	GrantsPayableBOYAmt
Grants Payable EOY	$700,000	GrantsPayableEOYAmt
Total Liabilities BOY	$1,101,400	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$700,000	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$112,268,929	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$124,723,567	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$112,268,929	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$124,723,567	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$113,370,329	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$125,423,567	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$112,268,929	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$1,178,889	ExcessRevenueOverExpensesAmt
Other Increases	$11,275,749	OtherIncreasesAmt
Subtotal	$124,723,567	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$124,723,567	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	PUBLICLY TRADED SECURITIES	PropertyDesc
Acquired	2022-12-31	AcquiredDt
Sold	2023-12-31	SoldDt
Gross Sales Price	$38,814,681	GrossSalesPriceAmt
Cost Or Other Basis	$37,284,597	CostOrOtherBasisAmt
Gain Or Loss	$1,530,084	GainOrLossAmt
Gains Minus Excess Or Losses	$1,530,084	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	$1,530,084	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$59,703	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$59,703	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$59,703	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$31,320	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$31,320	TotalPaymentsAndCreditsAmt
Es Penalty	$527	EsPenaltyAmt
Tax Due	$28,910	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	AL	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	REGIONS BANK TRUST DEPARTMENT	IndividualWithBooksNm
Phone	2054207753	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1900 5TH AVENUE NORTH FLOOR 23	AddressLine1Txt
City	BIRMINGHAM	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	35203	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	Yes (1)	BusinessHoldingsInd
Excess Business Holdings	0	ExcessBusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (14 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
SHARON KACHELHOFER
1900 FIFTH AVENUE NORTH	BIRMINGHAM	AL	35203	ASSISTANT SECRETARY	1.00	$0	$0	$0
CHELSEA STOVALL
1900 FIFTH AVENUE NORTH	BIRMINGHAM	AL	35203	ASSISTANT TREASURER	1.00	$0	$0	$0
MARTA SELF
1900 FIFTH AVENUE NORTH	BIRMINGHAM	AL	35203	EXECUTIVE DIRECTOR; VP	1.00	$0	$0	$0
DWIGHT JULBERT
1900 FIFTH AVENUE NORTH	BIRMINGHAM	AL	35203	MEMBER	1.00	$0	$0	$0
TABITHA LEECH
1900 FIFTH AVENUE NORTH	BIRMINGHAM	AL	35203	MEMBER	1.00	$0	$0	$0
ANDREW NIX
1900 FIFTH AVENUE NORTH	BIRMINGHAM	AL	35203	SECRETARY	1.00	$0	$0	$0
DANA NOLAN
1900 FIFTH AVENUE NORTH	BIRMINGHAM	AL	35203	MEMBER	1.00	$0	$0	$0
TYRUS SANDERS
1900 FIFTH AVENUE NORTH	BIRMINGHAM	AL	35203	MEMBER	1.00	$0	$0	$0
TONY STIFFLER
1900 FIFTH AVENUE NORTH	BIRMINGHAM	AL	35203	MEMBER	1.00	$0	$0	$0
MICHELLE WALTERS
1900 FIFTH AVENUE NORTH	BIRMINGHAM	AL	35203	MEMBER	1.00	$0	$0	$0
LEROY ABRAHAMS
1900 FIFTH AVENUE NORTH	BIRMINGHAM	AL	35203	PRESIDENT	1.00	$0	$0	$0
AMANDA SAINT
1900 FIFTH AVENUE NORTH	BIRMINGHAM	AL	35203	TREASURER	1.00	$0	$0	$0
GRACE JACKSON
1900 FIFTH AVENUE NORTH	BIRMINGHAM	AL	35203	MEMBER	1.00	$0	$0	$0
TOM SPEIR
1900 FIFTH AVENUE NORTH	BIRMINGHAM	AL	35203	MEMBER	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$105,053,821	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$3,603,719	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$108,657,540	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$108,657,540	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,629,863	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$107,027,677	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$5,351,384	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$5,351,384	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$59,703	TaxBasedOnInvestmentIncomeAmt
Total Tax	$59,703	TotalTaxAmt
Distributable Before Adj	$5,291,681	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$5,291,681	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$5,291,681	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$2,416,321	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$2,416,321	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$5,291,681	DistributableAsAdjustedAmt
Undistributed Income PY	$1,883,576	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$2,416,321	QualifyingDistributionsAmt
Applied To Year1	$1,883,576	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$532,745	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$4,758,936	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (45 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
A PLUS EDUCATION PARTNERSHIP
PO BOX 4433	MONTGOMERY	AL	36103	NONE	501(C)(3)	GENERAL SUPPORT	$50,000
AL COUNCIL ON ECONOMIC EDUCATION
DWIGHT BEESON HALL 800 LAKESHORE DR	BIRMINGHAM	AL	35229	NONE	501(C)(3)	GENERAL SUPPORT	$25,000	409
ALABAMA ASSOCIATION OF NONPROFITS
PO BOX 293932	BIRMINGHAM	AL	35229	NONE	501(C)(3)	GENERAL SUPPORT	$10,000
ALABAMA JAG
50 N RIPLEY STREET	MONTGOMERY	AL	36104	NONE	501(C)(3)	GENERAL SUPPORT	$15,000
ALABAMA POSSIBLE
PO BOX 55058	BIRMINGHAM	AL	35255	NONE	501(C)(3)	GENERAL SUPPORT	$75,000
AMERICAN RED CROSS
431 18TH ST NW	WASHINGTON	DC	20006	NONE	501(C)(3)	DISASTER ASSISTANCE	$80,000
BAKERRIPLEY
PO BOX 231808	HOUSTON	TX	77223	NONE	501(C)(3)	DISASTER ASSISTANCE	$10,000
BESSEMER REDEVELOPMENT CORPORATION
2625 5TH AVE N BLDG C	BESSEMER	AL	35020	NONE	501(C)(3)	GENERAL SUPPORT	$150,000
BOYS & GIRLS CLUB OF THE HATCHIE RIVER REGION
412 C ALSTON CIRCLE	COVINGTON	TN	38019	NONE	501(C)(3)	DISASTER ASSISTANCE	$10,000
BREAKTHROUGH BIRMINGHAM
PO BOX 71420	OAKLAND	CA	94612	NONE	501(C)(3)	GENERAL SUPPORT	$15,000
CARELINK INC
400 MASSASOIT AVENUE 300	EAST PROVIDENCE	RI	02591	NONE	501(C)(3)	DISASTER ASSISTANCE	$10,000
CENTRAL ALABAMA COMMUNITY FOUNDATION INC
114 CHURCH STREET	MONTGOMERY	AL	36104	NONE	501(C)(3)	DISASTER ASSISTANCE	$25,000
CHATTANOOGA HAMILTON COUNTY PUBLIC EDUCATION FUND
1651 S HOLTZCLAW AVENUE 201	CHATTANOOGA	TN	37404	NONE	501(C)(3)	GENERAL SUPPORT	$20,000
CREATE BIRMINGHAM
310 18TH STREET NORTH	BIRMINGHAM	AL	35203	NONE	501(C)(3)	GENERAL SUPPORT	$25,000
DREAM ALIVE INC
8732 LAUREL AVE	ALDAN	PA	19018	NONE	501(C)(3)	GENERAL SUPPORT	$30,000
EAST LAKE INITIATIVE
6523 1ST AVENUE NORTH	BIRMINGHAM	AL	35206	NONE	501(C)(3)	GENERAL SUPPORT	$400,000
EDMUNDITE MISSIONS
1428 BROAD STREET	SELMA	AL	36701	NONE	501(C)(3)	DISASTER ASSISTANCE	$50,000
FCS URBAN MINISTRIES INC
PO BOX 17628	ATLANTA	GA	30316	NONE	501(C)(3)	GENERAL SUPPORT	$75,000
GA COUNCIL ON ECONOMIC EDUCATION
75 PIEDMONT AVENUE NE	ATLANTA	GA	30303	NONE	501(C)(3)	GENERAL SUPPORT	$25,000
GRETNA HISTORICAL SOCIETY
PO BOX 115	GRETNA	LA	70054	NONE	501(C)(3)	DISASTER ASSISTANCE	$10,000
GUADALUPE CENTER EDUCATIONAL PROGRAMS INC
1385 N 1200 W	SALT LAKE CITY	UT	84116	NONE	501(C)(3)	GENERAL SUPPORT	$35,000
ILLINOIS SPECIALTY GROWERS ASSOCIATION
1701 TOWANDA AVENUE	BLOOMINGTON	IL	61702	NONE	501(C)(5)	GENERAL SUPPORT	$15,000
INDIANA LATINO INSTITUTE
2126 N MERIDIAN ST STE 100	INDIANAPOLIS	IN	46202	NONE	501(C)(3)	GENERAL SUPPORT	$30,000
INDIANA UNIVERSITY HEALTH INC
950 N MERIDIAN STREET 1200	INDIANAPOLIS	IN	46204	NONE	501(C)(3)	GENERAL SUPPORT	$25,000
INNOVATION PORTAL
451 GOVERNMENT STREET	MOBILE	AL	36602	NONE	501(C)(3)	GENERAL SUPPORT	$50,000
JAG INDIANA
101 W WASHINGTON ST	INDIANAPOLIS	IN	46204	NONE	501(C)(3)	GENERAL SUPPORT	$30,000
JAG IOWA
1111 9TH ST	DES MOINES	IA	50314	NONE	501(C)(3)	GENERAL SUPPORT	$25,000
JOBS FOR AMERICAS GRADUATES - MISSOURI INC
3154 W TRACY CT	SPRINGFIELD	MO	65807	NONE	501(C)(3)	GENERAL SUPPORT	$30,000
KIDS TO LOVE
140 CASTLE DR	MADISON	AL	35758	NONE	501(C)(3)	GENERAL SUPPORT	$30,000
MANNA CAFE MINISTRIES
605 PROVIDENCE BLVD	CLARKSVILLE	TN	37042	NONE	501(C)(3)	DISASTER ASSISTANCE	$10,000
MARYVILLE UNIVERSITY - ST LOUIS
650 MARYVILLE UNIVERSITY DR	ST LOUIS	MO	63141	NONE	501(C)(3)	GENERAL SUPPORT	$45,000
MDCDC INC
656 MADISON AVENUE	MEMPHIS	TN	38103	NONE	501(C)(3)	GENERAL SUPPORT	$25,000
MISSISSIPPI FOOD NETWORK INC
PO BOX 411	JACKSON	MS	39205	NONE	501(C)(3)	DISASTER ASSISTANCE	$10,000
NORTHEAST MISSISSIPPI HABITAT FOR HUMANITY INC
PO BOX 7321	TUPELO	MS	38804	NONE	501(C)(3)	GENERAL SUPPORT	$150,000
OUR HOUSE
1611 CARLTON AVE	MODESTO	CA	95350	NONE	501(C)(3)	DISASTER ASSISTANCE	$10,000
PEOPLEFUND
2921 E 17TH STREET BLDG D SUITE 1	AUSTIN	TX	78702	NONE	501(C)(3)	GENERAL SUPPORT	$120,000
PROPELLER
4035 WASHINGTON AVE	NEW ORLEANS	LA	70119	NONE	501(C)(3)	GENERAL SUPPORT	$100,000
PROSPER BIRMINGHAM
1731 3RD AVE NORTH SUITE 202	BIRMINGHAM	AL	35203	NONE	501(C)(3)	GENERAL SUPPORT	$100,000
READY KIDS INC
1000 E HIGH STREET	CHARLOTTESVILLE	VA	22902	NONE	501(C)(3)	GENERAL SUPPORT	$15,000
RISE MEMPHIS INC
1355 LYNNFIELD STREET 101	MEMPHIS	TN	38119	NONE	501(C)(3)	GENERAL SUPPORT	$30,000
START MEEMORY
1300 CLIFTON ROAD	ATLANTA	GA	30322	NONE	501(C)(3)	GENERAL SUPPORT	$120,000
TEACH FOR AMERICA - ALABAMA
2301 FIRST AVENUE N SUITE 105	BIRMINGHAM	AL	35203	NONE	501(C)(3)	GENERAL SUPPORT	$55,000
TEACH FOR AMERICA - LOUISIANA
501 GOVERNMENT STREET SUITE 100	BATON ROUGE	LA	70802	NONE	501(C)(3)	GENERAL SUPPORT	$35,000
UNITED WAY OF MIDDLE TENNESSEE INC
250 VENTURE CIRCLE	NASHVILLE	TN	37228	NONE	501(C)(3)	DISASTER ASSISTANCE	$90,000
UT CHATTANOOGA - VETERANS ENTREPRENUERSHIP PROGRAM
615 MCCALLIE AVE	CHATTANOOGA	TN	37403	NONE	501(C)(3)	GENERAL SUPPORT	$30,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$2,325,000	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (13 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ACADEMY PREP
2301 2ND AVE	ST PETERSBURG	FL	33712	NONE	501(C)(3)	GENERAL SUPPORT	$35,000
BIRMINGHAM EDUCATION FOUNDATION
1224 20TH STREET S	BIRMINGHAM	AL	35205	NONE	501(C)(3)	GENERAL SUPPORT	$50,000
CANOPY CHILDRENS SOLUTIONS
402 WESLEY AVENUE	JACKSON	MS	39202	NONE	501(C)(3)	GENERAL SUPPORT	$50,000
COMMON WEALTH CHARLOTTE
5301 WILKINSON BLVD	CHARLOTTE	NC	28208	NONE	501(C)(3)	GENERAL SUPPORT	$50,000
MS COUNCIL ON ECONOMIC EDUCATION
1701 N STATE STREET	JACKSON	MS	39210	NONE	501(C)(3)	GENERAL SUPPORT	$25,000
NASHVILLE BUSINESS INCUBATION CENTER
2245 ROSA L PARKS BLVD BOX 280567	NASHVILLE	TN	37228	NONE	501(C)(3)	GENERAL SUPPORT	$50,000
NATIONAL ENTREPRENEUR CENTER
3201 E COLONIAL DR SUITE A20	ORLANDO	FL	32803	NONE	501(C)(3)	GENERAL SUPPORT	$120,000
NATIONAL FAITH HOMEBUYERS
2470 WINDY HILL RD SE SUITE 315	MARIETTA	GA	30067	NONE	501(C)(3)	GENERAL SUPPORT	$25,000
PRESBYTERIAN HOME FOR CHILDREN
905 GERTRUDE MICHAELS DR	TALLADEGA	AL	35160	NONE	501(C)(3)	GENERAL SUPPORT	$25,000
PROSPER BIRMINGHAM
1731 3RD AVE NORTH SUITE 202	BIRMINGHAM	AL	35203	NONE	501(C)(3)	GENERAL SUPPORT	$100,000
REBUILDING TOGETHER NASHVILLE
6101 CENTENNIAL BLVD	NASHVILLE	TN	37209	NONE	501(C)(3)	GENERAL SUPPORT	$50,000
RURAL LISC
28 LIBERTY STREET 34TH FLOOR	NEW YORK	NY	10005	NONE	501(C)(3)	GENERAL SUPPORT	$75,000
TAMPA METROPOLITAN YMCA
110 E OAK AVE	TAMPA	FL	33602	NONE	501(C)(3)	GENERAL SUPPORT	$45,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$700,000	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$2,843,680	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$164	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$1,530,084	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	INTEREST FROM PRI'S	Desc
Exclusion	14	ExclusionCd
Exclusion	$12,602	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$4,386,530	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$4,386,530	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$18,320	Amt
Net Investment Income	$9,160	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$9,160	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$115,183,613	BookValueAmt
EOYFMV	$115,183,613	EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	ATTORNEY FEES	CategoryTxt
Legal Fees	$9,880	LegalFeesAmt
Net Investment Income	$4,940	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$4,940	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
PROGRAM-RELATED INVESTMENTS	$88,147	$88,147	$88,147
MISSION-RELATED INVESTMENTS	$5,757,947	$6,697,417	$6,697,417

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ANNUAL CONFERENCE	$13,500	$6,750	$6,750
MISCELLANEOUS EXPENSES	$609	$304	$305
INSURANCE	$78,750	$39,375	$39,375

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
OTHER INVESTMENT INCOME	$164	$164	$164
INTEREST FROM PRI'S	$12,602	$12,602	$12,602

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAIN ON INVESTMENTS - CURRENT YEAR	Desc
Amt	$11,275,749	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	MRI INVESTMENT ADJUSTMENTS	CategoryTxt
Amt	$30,802	Amt
Net Investment Income	$15,401	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$15,401	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FEDERAL TAXES	CategoryTxt
Amt	$30,780	Amt
Net Investment Income	$15,390	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$15,390	DisbursementsCharitablePrpsAmt