Bynum Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 5 grants totaling $72K. Net investment income was $66K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-0.9% YoY
Annual Giving
$72K
-37.8% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$14K
-25.4% YoY
About Bynum Foundation
Based on IRS filings
Bynum Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 5 grants totaling $72K. Net investment income was $66K.
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 | $1,363,939 | $1,375,805 | $2,439,781 |
| Revenue | $90,042 | $-246,192 | $3,947 |
| Expenses | $101,894 | $161,094 | $137,975 |
| Qualifying Distributions | $78,297 | $128,995 | $129,233 |
| Net Investment Income | $66,308 | — | — |
| Distributable Amount | $75,820 | $81,530 | $78,910 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
27 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 |
|---|---|---|---|
| ANDREW SKELTON | CHAIRMAN | 1 | $1,000 |
| COLLEEN SKELTON | BOARD MEMBER | 1 | $2,000 |
| WILLIAM TALLY | BOARD MEMBER | 1 | $2,000 |
| GRAHAM SKELTON | BOARD MEMBER | 1 | $1,000 |
| REGIONS BANK | TRUSTEE | 1 | $19,986 |
| MARK SCOTT SKELTON JR | BOARD MEMBER | 1 | $2,000 |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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