Alverda E Zimmer Charitable Trust

DALLAS, TX EIN: 54-6030260

Alverda E Zimmer Charitable Trust is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $522K in total assets. In 2024, it awarded 1 grants totaling $25K. Net investment income was $49K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$522K

+4.8% YoY

Annual Giving

$25K

+39.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$25K

+39.6% YoY

Under IRS private-foundation payout rules, Alverda E Zimmer Charitable Trust reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.

About Alverda E Zimmer Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $119K (100%)

States

Virginia

Cities

Petersburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$522,157	$498,187	$505,997
Revenue	$53,359	$14,705	$-12,347
Expenses	$28,837	$22,340	$41,371
Qualifying Distributions	$26,638	$19,914	$32,595
Net Investment Income	$49,476	$12,083	$4,080
Distributable Amount	$29,287	$26,393	$27,148

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 Petersburg Home for Ladies Inc ($24,868).

Recipient	Purpose	Amount
PETERSBURG HOME FOR LADIES INC PETERSBURG, VA	UNRESTRICTED GENERAL	$24,868

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$605

Frequently Asked Questions

How large is Alverda E Zimmer Charitable Trust?

As of 2024, Alverda E Zimmer Charitable Trust holds $522K in total assets with $53K in annual revenue. It awarded 1 grants totaling $25K in 2024.

Where does Alverda E Zimmer Charitable Trust operate?

Alverda E Zimmer Charitable Trust has awarded grants in Virginia.

What size grants does Alverda E Zimmer Charitable Trust award?

In 2024, Alverda E Zimmer Charitable Trust awarded 1 grants totaling $25K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is Alverda E Zimmer Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alverda E Zimmer Charitable Trust reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Alverda E Zimmer Charitable Trust's EIN?

Alverda E Zimmer Charitable Trust's EIN (Employer Identification Number) is 54-6030260. IRS Form 990 filing data is available on this page for 2020–2024.