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.
Decimal Point Charitable Foundation at a glance
In short: Decimal Point Charitable Foundation gave $24K across 4 grants in 2025 (avg $6K), mostly in Alabama. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $24,000
- -67.6% vs 2024
- Grants made (2025)
- 4
- -20.0% vs 2024
- Average grant
- $6,000
- -59.5% vs 2024
- Median grant
- $6,500
- Total assets
- $1,520,269
- +16.2% vs 2024
- Primary geography
- Alabama (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Decimal Point Charitable Foundation funds
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%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
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.
Giving History
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.
Grants by year
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 |
Ready to take the next step with Decimal Point Charitable Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,520,269 | $244,032 | $32,542 | $24,000 | 4 | $24,000 | $244,032 | $76,474 |
| 2024 | $1,308,779 | $48,555 | $80,604 | $74,000 | 5 | $74,000 | $48,555 | $71,989 |
| 2023 | $1,340,827 | $45,716 | $15,119 | $9,000 | 2 | $9,000 | $45,716 | $70,801 |
| 2022 | $1,310,230 | $103,913 | $162,259 | $154,000 | 2 | $154,000 | $103,913 | $77,910 |
| 2021 | $1,368,576 | $69,826 | $94,826 | $87,000 | 7 | — | $62,000 | $79,279 |
| 2020 | $1,392,847 | $55,057 | $90,522 | $83,000 | 5 | — | $47,535 | $73,464 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Decimal Point Charitable Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Decimal Point Charitable Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Robert and Lois Luckie Charitable
Birmingham, AL
The Robert and Lois Luckie Charitable funds a range of charitable organizations, with most of its giving going to Alabama and smaller amounts to California and Texas. Its 2025 grants ranged from $500 to $15,000, with a median of $3,500. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$3.8M
Grants
23
Total Given
$107K
Robert & Mary Cobb Family Foundation
Birmingham, AL
The foundation supports social services, education, and religious organizations, with some grants also going to health and conservation efforts. Its 2025 grants ranged from $2,400 to $50,000, with a median of $10,000, and mostly went to organizations in Alabama and Georgia. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$8.9M
Grants
32
Total Given
$567K
The Joseph S Bruno Charitable
Birmingham, AL
The Joseph S. Bruno Charitable Foundation funds education and health as primary priorities, along with community needs and arts and culture, in greater Birmingham. Its 2024 grants ranged from $5,000 to $100,000, with a median of $10,000. It accepts online letters of inquiry twice a year; full applications are by invitation only.
Assets
$18.0M
Grants
40
Total Given
$550K
Stephens Foundation
Birmingham, AL
Stephens Foundation funds programs supporting underserved children through education, athletics, mindfulness, and community services, while its grants also reach arts, health, and environmental organizations. In 2024, grants ranged from $750 to $60,000, with a median of $5,000; 80% of grant dollars went to Alabama. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$3.3M
Grants
62
Total Given
$609K
The Hugh Kaul Foundation
Birmingham, AL
The Hugh Kaul Foundation funds cultural, educational, and civic work, including education, hunger relief, historic preservation, conservation, and the arts. Its 2024 grants ranged from $5,000 to $395,000, with a median of $20,000, and are limited to charitable organizations in Greater Birmingham or Clay and Coosa counties, Alabama. The filing refers applicants to an attached statement for application forms and materials and does not restrict giving to preselected organizations.
Assets
$50.4M
Grants
68
Total Given
$2.6M
Lisa and Alan Engel Foundation
Birmingham, AL
The foundation funds religious, educational, and civic organizations, with 59% of its 2025 grant dollars going to Alabama recipients and others in states including New York, Colorado, New Jersey, and Michigan. Its 2025 grants ranged from $18 to $16,000, with a median of $1,000. It contributes only to preselected charities and does not accept unsolicited funding requests.
Assets
$91K
Grants
71
Total Given
$189K
More similar funders
More Funders in Alabama
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Decimal Point Charitable Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Decimal Point Charitable Foundation down — hundreds of funders to go?