Alma B Maxwell Trust Under Will

MONTGOMERY, AL EIN: 63-6174006

Alma B Maxwell Trust Under Will is a private foundation, based in MONTGOMERY, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $900K in total assets. In 2024, it awarded 1 grants totaling $35K. Net investment income was $69K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$900K

+2.5% YoY

Annual Giving

$35K

-2.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$35K

-2.5% YoY

Under IRS private-foundation payout rules, Alma B Maxwell Trust Under Will reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.

About Alma B Maxwell Trust Under Will

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $177K (100%)

States

Alabama

Cities

Birmingham

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$900,075	$878,359	$886,070
Revenue	$75,016	$47,481	$89,357
Expenses	$53,297	$55,200	$58,737
Qualifying Distributions	$47,462	$48,002	$51,734
Net Investment Income	$69,182	$41,805	$83,620
Distributable Amount	$48,898	$47,013	$48,308

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Alabama at Birmingham ($34,600).

Recipient	Purpose	Amount
UNIVERSITY OF ALABAMA AT BIRMINGHAM BIRMINGHAM, AL	EDUCATIONAL	$34,600

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
REGIONS PRIVATE WEALTH MGT	TRUSTEE	5	$15,019

Frequently Asked Questions

How large is Alma B Maxwell Trust Under Will?

As of 2024, Alma B Maxwell Trust Under Will holds $900K in total assets with $75K in annual revenue. It awarded 1 grants totaling $35K in 2024.

Where does Alma B Maxwell Trust Under Will operate?

Alma B Maxwell Trust Under Will has awarded grants in Alabama.

What size grants does Alma B Maxwell Trust Under Will award?

In 2024, Alma B Maxwell Trust Under Will awarded 1 grants totaling $35K — an average of about $35K per grant, based on its IRS Form 990 filings.

How much is Alma B Maxwell Trust Under Will required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alma B Maxwell Trust Under Will reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Alma B Maxwell Trust Under Will's EIN?

Alma B Maxwell Trust Under Will's EIN (Employer Identification Number) is 63-6174006. IRS Form 990 filing data is available on this page for 2020–2024.