Believer's Trust for Ballet Magnificat is a private foundation focused on Arts, Culture & Humanities, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $161K in total assets. In 2024, it awarded 1 grants totaling $7K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$161K
+0.5% YoY
Annual Giving
$7K
-7.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$7K
-7.1% YoY
About Believer's Trust for Ballet Magnificat
Based on IRS filings
Believer's Trust for Ballet Magnificat is a private foundation focused on Arts, Culture & Humanities, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $161K in total assets. In 2024, it awarded 1 grants totaling $7K. Net investment income was $9K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $161,417 | $160,651 | $160,582 |
| Revenue | $10,866 | $10,399 | $9,146 |
| Expenses | $10,089 | $10,323 | $11,973 |
| Qualifying Distributions | $8,037 | $8,507 | $9,859 |
| Net Investment Income | $8,945 | $8,616 | $7,260 |
| Distributable Amount | $8,539 | $8,007 | $8,541 |
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
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS BANK | TRUSTEE | 1 | $2,293 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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