Decimal Point Charitable Foundation
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.
Key facts about Decimal Point Charitable Foundation
In short: Decimal Point Charitable Foundation gave $24K across 4 grants in 2025 (avg $6K), mostly in Alabama. Source: 2025 IRS Form 990-PF.
- EIN
- 63-1214244
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $24,000
- Grants made (2025)
- 4
- Average grant
- $6,000
- Median grant
- $6,500
- Total assets
- $1,520,269
- Primary geography
- Alabama (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
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.
How Decimal Point Charitable Foundation gives
- Giving fell 84% from 2022 to 2025. Method
- In 2025 it paid out 31% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $9K (2023) to $154K (2022). In 2025 it made 4 grants totaling $24K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Community Food Bank of Central Alabama ($10K). Together the top 4 received $24K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 17 grants of 20 (85%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Food Bank of Central Alabama Birmingham, AL | General Fund | $10,000 |
| Quarterbacking Childrens Health Foundation Birmingham, AL | General Fund | $8,000 |
| Birmingham Musem of Art Birmingham, AL | General Fund | $5,000 |
| True Vine Foundation Eutaw, AL | General Fund | $1,000 |
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
Decimal Point Charitable Foundation's 2025 filing lists 5 officers; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
David P Kassouf
Trustee
On filings since 2020
0.2 hrs/week
No compensation reported
Gayle K Thigpen
Trustee
On filings since 2020
No compensation reported
Gerard J Kassouf
Trustee
On filings since 2020
0.2 hrs/week
No compensation reported
Mary Beverly K Kimes
Trustee
On filings since 2020
No compensation reported
Naomi H Kassouf
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Decimal Point Charitable Foundation
How much does Decimal Point Charitable Foundation give each year?
Decimal Point Charitable Foundation gave $24K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $74K across 5 grants.
What is Decimal Point Charitable Foundation's typical grant size?
Decimal Point Charitable Foundation's median grant in 2025 was $6,500, and its average grant was $6,000, across 4 grants on its 2025 IRS Form 990-PF.
Where does Decimal Point Charitable Foundation give grants?
Decimal Point Charitable Foundation gives mostly in Alabama: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Birmingham, AL (3 grants).
Does Decimal Point Charitable Foundation give general operating support?
Yes: 100% of Decimal Point Charitable Foundation's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Decimal Point Charitable Foundation?
Decimal Point Charitable Foundation reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $24K in qualifying distributions that year, against a required minimum of $76K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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