Bragg Family Charitable Foundation

HARTSELLE, AL EIN: 27-6965478

Bragg Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HARTSELLE, AL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $365K in total assets. In 2024, it awarded 4 grants totaling $29K. Net investment income was $7K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$365K

-0.4% YoY

Annual Giving

$29K

+28.9% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$7K

-35.6% YoY

Under IRS private-foundation payout rules, Bragg Family Charitable Foundation reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.

About Bragg Family Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $224K (94%)

Arkansas $11K (4%)

Georgia $3K (1%)

States

Alabama Arkansas Georgia

Cities

ArkadelphiaCullmanDecaturHartselleTallulah Falls

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$365,065	$366,446	$309,951
Revenue	$29,834	$2,627	$27,929
Expenses	$33,513	$26,448	$66,197
Qualifying Distributions	$29,000	$22,500	$62,500
Net Investment Income	$7,068	$6,857	$10,653
Distributable Amount	$18,669	$17,307	$18,170

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

18 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hartselle 1st United Methodist Chur ($10,000), Beau Thomas Clark Scholarship ($10,000), Fairview Church ($5,000).

Recipient	Purpose	Amount
HARTSELLE 1ST UNITED METHODIST CHUR HARTSELLE, AL	CHARITABLE CONTRIBUTION	$10,000
FAIRVIEW CHURCH CULLMAN, AL	CHARITABLE CONTRIBUTION	$5,000
OWO REC CENTER DECATUR, AL	CHARITABLE CONTRIBUTION	$4,000
BEAU THOMAS CLARK SCHOLARSHIP HARTSELLE, AL	CHARITABLE CONTRIBUTION	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
HENRY C BRAGG	TRUSTEE	—	—
TONYA B HENDRIX	GRANT COMM.	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Bragg Family Charitable Foundation?

Bragg Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HARTSELLE, AL. It holds $365K in total assets as of 2024.

How large is Bragg Family Charitable Foundation?

As of 2024, Bragg Family Charitable Foundation holds $365K in total assets with $30K in annual revenue. It awarded 4 grants totaling $29K in 2024.

Where does Bragg Family Charitable Foundation operate?

Bragg Family Charitable Foundation has awarded grants in Alabama, Arkansas, Georgia.

What size grants does Bragg Family Charitable Foundation award?

In 2024, Bragg Family Charitable Foundation awarded 4 grants totaling $29K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Bragg Family Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bragg Family Charitable Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bragg Family Charitable Foundation's EIN?

Bragg Family Charitable Foundation's EIN (Employer Identification Number) is 27-6965478. IRS Form 990 filing data is available on this page for 2019–2024.