Bonnie Faulkner Charitable Trust Trustmark T

JACKSON, MS EIN: 26-6262488

Bonnie Faulkner Charitable Trust Trustmark T is a private foundation, based in JACKSON, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $735K in total assets. In 2024, it awarded 8 grants totaling $85K. Net investment income was $22K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$735K

-8.6% YoY

Annual Giving

$85K

+87.5% YoY

Grant Count

+14.3% YoY

Avg Grant Size

$11K

+64.1% YoY

Under IRS private-foundation payout rules, Bonnie Faulkner Charitable Trust Trustmark T reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.

About Bonnie Faulkner Charitable Trust Trustmark T

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $185K (95%)

Florida $7K (4%)

Tennessee $3K (2%)

States

Alabama Florida Tennessee

Cities

MarionMobileNashvilleOrlandoSelmaSt PetersburgTucaloosaTuscaloosa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$734,885	$804,031	$799,781
Revenue	$30,786	$65,326	$41,162
Expenses	$100,055	$61,185	$52,254
Qualifying Distributions	$89,900	$54,367	$40,630
Net Investment Income	$21,968	$59,032	$32,683
Distributable Amount	$51,714	$49,841	$50,143

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

31 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Juson College ($44,157), University of Mobile ($28,080), Druid City Hospital Foundation ($4,405).

Recipient	Purpose	Amount
CAMPUS CRUSADE FOR CHRIST INTERNATI ORLANDO, FL	GENERAL SUPPORT	$1,100
THE AMERICAN HEART ASSOCIATION St Petersburg, FL	GENERAL SUPPORT	$558
DRUID CITY HOSPITAL FOUNDATION TUSCALOOSA, AL	GENERAL SUPPORT	$4,405
YOUNG MENS CHRISTIAN TUCALOOSA, AL	GENERAL SUPPORT	$1,100
JUSON COLLEGE Marion, AL	GENERAL SUPPORT	$44,157
University of Mobile Mobile, AL	GENERAL SUPPORT	$28,080
Historic Tuscaloosa Inc Tuscaloosa, AL	GENERAL SUPPORT	$4,405
The Gideons International Nashville, TN	GENERAL SUPPORT	$1,100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Bonnie Faulkner Charitable Trust Trustmark T?

As of 2024, Bonnie Faulkner Charitable Trust Trustmark T holds $735K in total assets with $31K in annual revenue. It awarded 8 grants totaling $85K in 2024.

Where does Bonnie Faulkner Charitable Trust Trustmark T operate?

Bonnie Faulkner Charitable Trust Trustmark T has awarded grants in Alabama, Florida, Tennessee.

What size grants does Bonnie Faulkner Charitable Trust Trustmark T award?

In 2024, Bonnie Faulkner Charitable Trust Trustmark T awarded 8 grants totaling $85K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Bonnie Faulkner Charitable Trust Trustmark T required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bonnie Faulkner Charitable Trust Trustmark T reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bonnie Faulkner Charitable Trust Trustmark T's EIN?

Bonnie Faulkner Charitable Trust Trustmark T's EIN (Employer Identification Number) is 26-6262488. IRS Form 990 filing data is available on this page for 2020–2024.