Beach Fdn Tr B for First Baptist Ch

BIRMINGHAM, AL EIN: 63-6121521

Beach Fdn Tr B for First Baptist Ch is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $3.7M in total assets. In 2023, it awarded 1 grants totaling $207K. Net investment income was $83K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$3.7M

-3.5% YoY

Annual Giving

$207K

+13.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$207K

+13.3% YoY

Under IRS private-foundation payout rules, Beach Fdn Tr B for First Baptist Ch reported a distributable amount of $183K for 2023 — the minimum it must pay out in qualifying distributions.

About Beach Fdn Tr B for First Baptist Ch

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $694K (100%)

States

Georgia

Cities

Brunswick

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	$3,724,424	$3,859,146	$4,017,560
Revenue	$112,645	$72,199	$838,329
Expenses	$245,912	$230,241	$181,296
Qualifying Distributions	$213,827	$189,789	$136,703
Net Investment Income	$83,239	$49,925	$796,132
Distributable Amount	$182,539	$190,654	$210,396

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 2023

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include First Baptist Ch of Brunswick ($206,952).

Recipient	Purpose	Amount
FIRST BAPTIST CH OF BRUNSWICK BRUNSWICK, GA	GENERAL OPERATING	$206,952

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
REGIONS BANK TRUST DEPT	TRUSTEE	1	$34,373

Frequently Asked Questions

How large is Beach Fdn Tr B for First Baptist Ch?

As of 2023, Beach Fdn Tr B for First Baptist Ch holds $3.7M in total assets with $113K in annual revenue. It awarded 1 grants totaling $207K in 2023.

Where does Beach Fdn Tr B for First Baptist Ch operate?

Beach Fdn Tr B for First Baptist Ch has awarded grants in Georgia.

What size grants does Beach Fdn Tr B for First Baptist Ch award?

In 2023, Beach Fdn Tr B for First Baptist Ch awarded 1 grants totaling $207K — an average of about $207K per grant, based on its IRS Form 990 filings.

How much is Beach Fdn Tr B for First Baptist Ch required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Beach Fdn Tr B for First Baptist Ch reported a distributable amount of $183K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Beach Fdn Tr B for First Baptist Ch's EIN?

Beach Fdn Tr B for First Baptist Ch's EIN (Employer Identification Number) is 63-6121521. IRS Form 990 filing data is available on this page for 2020–2023.