Decimal Point Charitable Foundation is a private foundation focused on Education, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 4 grants totaling $24K. Net investment income was $244K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.5M
+16.2% YoY
Annual Giving
$24K
-67.6% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$6K
-59.5% YoY
Under IRS private-foundation payout rules, Decimal Point Charitable Foundation reported a distributable amount of $76K for 2025 — the minimum it must pay out in qualifying distributions.
About Decimal Point Charitable Foundation
Based on IRS filings
Decimal Point Charitable Foundation is a private foundation focused on Education, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 4 grants totaling $24K. Net investment income was $244K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,520,269 | $1,308,779 | $1,340,827 |
| Revenue | $244,032 | $48,555 | $45,716 |
| Expenses | $32,542 | $80,604 | $15,119 |
| Qualifying Distributions | $24,000 | $74,000 | $9,000 |
| Net Investment Income | $244,032 | $48,555 | $45,716 |
| Distributable Amount | $76,474 | $71,989 | $70,801 |
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 2025
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Community Food Bank of Central Alabama ($10,000), Quarterbacking Childrens Health Foundation ($8,000), Birmingham Musem of Art ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Birmingham Musem of Art Birmingham, AL | General Fund | $5,000 |
| True Vine Foundation Eutaw, AL | General Fund | $1,000 |
| Community Food Bank of Central Alabama Birmingham, AL | General Fund | $10,000 |
| Quarterbacking Childrens Health Foundation Birmingham, AL | General Fund | $8,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Naomi H Kassouf | Trustee | — | — |
| Mary Beverly K Kimes | Trustee | — | — |
| David P Kassouf | Trustee | 0.2 | — |
| Gerard J Kassouf | Trustee | 0.2 | — |
| Gayle K Thigpen | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Decimal Point Charitable Foundation?
Decimal Point Charitable Foundation is a private foundation focused on Education, based in BIRMINGHAM, AL. It holds $1.5M in total assets as of 2025.
How large is Decimal Point Charitable Foundation?
As of 2025, Decimal Point Charitable Foundation holds $1.5M in total assets with $244K in annual revenue. It awarded 4 grants totaling $24K in 2025.
Where does Decimal Point Charitable Foundation operate?
Decimal Point Charitable Foundation has awarded grants in Alabama, California, Missouri, New York.
What size grants does Decimal Point Charitable Foundation award?
In 2025, Decimal Point Charitable Foundation awarded 4 grants totaling $24K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Decimal Point Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Decimal Point Charitable Foundation reported a distributable amount of $76K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Decimal Point Charitable Foundation's EIN?
Decimal Point Charitable Foundation's EIN (Employer Identification Number) is 63-1214244. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Decimal Point Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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