Alexander J Grossman Scholarship Foundation

Foundation · Grantmaker Birmingham, AL EIN: 59-6782085

Alexander J Grossman Scholarship Foundation is a private foundation, based in Birmingham, AL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.1M in total assets. In 2025, it awarded 2 grants totaling $108K. Net investment income was $189K.

Key facts about Alexander J Grossman Scholarship Foundation

EIN
59-6782085
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$108,346
Grants made (2025)
2
Average grant
$54,173
Median grant
$54,173
Total assets
$2,072,545
Primary geography
Florida (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated April 2026.

How Alexander J Grossman Scholarship Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−5%). Method
  • In 2025 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.1M

+3.6% YoY

Annual Giving

$108K

+7.8% YoY

Grant Count

2

-50.0% YoY

Avg Grant Size

$54K

+115.6% YoY

Under IRS private-foundation payout rules, Alexander J Grossman Scholarship Foundation reported a distributable amount of $126K for 2025 — the minimum it must pay out in qualifying distributions.

About Alexander J Grossman Scholarship Foundation

Based on IRS filings

Alexander J Grossman Scholarship Foundation is a private foundation, based in Birmingham, AL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.1M in total assets. In 2025, it awarded 2 grants totaling $108K. Net investment income was $189K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 2 itemized 2025 grant dollars.

Cities

GainesvilleTallahasseePrescottSt PetersburgLakelandProvidence

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$68K$136K$204K$272K20212022202320242025
Metric202520242023
Total Assets$2,072,545$2,000,578$2,078,110
Revenue$222,699$61,739$167,611
Expenses$149,727$138,583$153,899
Qualifying Distributions$116,093$107,610$121,467
Net Investment Income$188,804$31,661$138,621
Distributable Amount$126,316$115,582$110,459

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$29K$57K$86K$114K7 grants20214 grants20224 grants20234 grants20242 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Florida State University: $54KFlorida State University$54KUniversity of Florida: $54KUniversity of Florida$54K

Grant Size Distribution

21 grants across all recorded years

19<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Florida State University ($54,173), University of Florida ($54,173).

RecipientPurposeAmount
FLORIDA STATE UNIVERSITY Tallahassee, FLSCHOLARSHIP$54,173
UNIVERSITY OF FLORIDA Gainesville, FLSCHOLARSHIP$54,173

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Regions Bank — Trustee: $34KRegions BankTrustee$34K

From 2025 IRS filing

NameTitleHoursCompensation
Regions BankTrustee1$33,610
SuperintendentAwards Committee1—
Principal RegistrarAwards Committee1—

Frequently Asked Questions

How large is Alexander J Grossman Scholarship Foundation?

As of 2025, Alexander J Grossman Scholarship Foundation holds $2.1M in total assets with $223K in annual revenue. It awarded 2 grants totaling $108K in 2025.

Where does Alexander J Grossman Scholarship Foundation operate?

Alexander J Grossman Scholarship Foundation has awarded grants in Arizona, Florida, Rhode Island.

What size grants does Alexander J Grossman Scholarship Foundation award?

In 2025, Alexander J Grossman Scholarship Foundation awarded 2 grants totaling $108K — an average of about $54K per grant, based on its IRS Form 990 filings.

How much is Alexander J Grossman Scholarship Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Alexander J Grossman Scholarship Foundation reported a distributable amount of $126K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Alexander J Grossman Scholarship Foundation's EIN?

Alexander J Grossman Scholarship Foundation's EIN (Employer Identification Number) is 59-6782085. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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