B Charitable Inc

BIRMINGHAM, AL EIN: 85-2280049

The corporation is organized and shall be operated exclusively for charitable purposes as set forth in Sectin 501 (c)(3)such as making distributions to organizatons that are recognized as exempt from federal income tax under Code Section 501 (c)(3).

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$2.9M

+211.0% YoY

Annual Giving

$600K

+61.4% YoY

Grant Count

32

+88.2% YoY

Avg Grant Size

$19K

-14.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$712K$1M$2M$3M2021202220232024
Metric202420232022
Total Assets$2,948,518$948,212$593,326
Revenue$2,590,220$1,117,506$1,012,426
Expenses$744,578$768,393$720,438
Qualifying Distributions
Net Investment Income$37,023$115,503$36,725
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$150K$300K$450K$600K4 grants20210 grants202217 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Cahaba Park Church$245KRedeemer Community Church$38KMountain Brook Community…$35KTriumph of Hope$25KThird Lens$20KFirst Presbyterian Churc…$16KEart Path Education$15KCornerstone Schools of A…$15KRefuge 1212 Inc$15KMwana Villages US Inc$13K

Grant Size Distribution

53 grants across all recorded years

50<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does B Charitable Inc fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Charles Anderson IIIDirector0.16
J Addam EvansDirector0.16
Andrew A GearhartDirector0.16
Jonathan L ShugartVice President and Secretary0.58
Jonathan Shugart JrPresident and Treasurer0.58

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

5states

Cities

BirminghamConcordGadsdenMontclairOdenvilleOneontaSan Luis ObispoWheaton

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

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