Creswell Charitable Foundation

HENAGAR, AL EIN: 46-4738225

Creswell Charitable Foundation is a private foundation focused on Mutual/Membership Benefit, based in HENAGAR, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $406K in total assets. In 2024, it awarded 4 grants totaling $14K. Net investment income was $10K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$406K

-1.0% YoY

Annual Giving

$14K

-33.3% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$4K

-50.0% YoY

Under IRS private-foundation payout rules, Creswell Charitable Foundation reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.

About Creswell Charitable Foundation

Based on IRS filings

Focus Areas

Mutual/Membership Benefit

Ready to take the next step with Creswell Charitable Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $75K (95%)

Virginia $4K (5%)

States

Alabama Virginia

Cities

BirminghamHancevilleHomewoodJacksonvilleLynchburgRainsvilleTuscaloosaVirginia Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$405,730	$409,681	$437,091
Revenue	$32,171	$14,850	$32,605
Expenses	$36,122	$42,260	$32,688
Qualifying Distributions	$19,648	$26,140	$21,119
Net Investment Income	$10,138	$9,962	$9,154
Distributable Amount	$21,956	$21,646	$23,799

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

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Northeast Alabama Community College ($8,000), Samford University ($2,000), Liberty College ($2,000).

Recipient	Purpose	Amount
NORTHEAST ALABAMA COMMUNITY COLLEGE RAINSVILLE, AL	STUDENT SCHOLARSHIPS	$8,000
SAMFORD UNIVERSITY HOMEWOOD, AL	STUDENT SCHOLARSHIPS	$2,000
LIBERTY COLLEGE LYNCHBURG, VA	STUDENT SCHOLARSHIPS	$2,000
REGENT UNIVERSITY VIRGINIA BEACH, VA	STUDENT SCHOLARSHIPS	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
REX CRESWELL	TRUSTEE	5	—
SHELLEY GRANT	ADVISORY BOA	0.04	—
JAMIE DARWIN	ADVISORY BOA	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Mutual/Membership Benefit

Frequently Asked Questions

What is Creswell Charitable Foundation?

Creswell Charitable Foundation is a private foundation focused on Mutual/Membership Benefit, based in HENAGAR, AL. It holds $406K in total assets as of 2024.

How large is Creswell Charitable Foundation?

As of 2024, Creswell Charitable Foundation holds $406K in total assets with $32K in annual revenue. It awarded 4 grants totaling $14K in 2024.

Where does Creswell Charitable Foundation operate?

Creswell Charitable Foundation has awarded grants in Alabama, Virginia.

What size grants does Creswell Charitable Foundation award?

In 2024, Creswell Charitable Foundation awarded 4 grants totaling $14K — an average of about $4K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Creswell Charitable Foundation reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Creswell Charitable Foundation's EIN?

Creswell Charitable Foundation's EIN (Employer Identification Number) is 46-4738225. IRS Form 990 filing data is available on this page for 2020–2024.