Earnest W Taggart Trust (Pre 1969 Charitable

Private foundation · Grantmaker Birmingham, AL EIN: 63-6076749

Earnest W Taggart Trust (Pre 1969 Charitable is a private foundation, based in Birmingham, AL. IRS filing data is available from 2019 through 2024. In 2024, it awarded 3 grants totaling $12K. Net investment income was $5K.

Earnest W Taggart Trust (Pre 1969 Charitable at a glance

In short: Earnest W Taggart Trust (Pre 1969 Charitable gave $12K across 3 grants in 2024 (avg $4K), top state Georgia. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$11,796
-11.0% vs 2023
Grants made (2024)
3
+0.0% vs 2023
Average grant
$3,932
-11.0% vs 2023
Median grant
$3,932
Primary geography
Georgia (33% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Earnest W Taggart Trust (Pre 1969 Charitable funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Phillips School of Theology: $4KPhillips School of Theology$4KMeharry Medical College: $4KMeharry Medical College$4KMiles College Inc: $4KMiles College Inc$4K

The largest 2024 recipient was Phillips School of Theology ($4K). Together the top 3 received $12K.

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 15 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

AtlantaNashvilleBirminghamFairfield

How Earnest W Taggart Trust (Pre 1969 Charitable gives

  • Giving fell 23% from 2021 to 2024. Method
  • In 2024 it paid out 91% 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

$0$5K$10K$15K$20K3 grants2019 3 grants2020 3 grants2021 3 grants2022 3 grants2023 3 grants2024

From 2019 to 2024, annual grant giving ranged from $12K (2024) to $15K (2022). In 2024 it made 3 grants totaling $12K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Phillips School of Theology Atlanta, GAGeneral Operating$3,932
Meharry Medical College Nashville, TNGeneral Operating$3,932
Miles College Inc Fairfield, ALGeneral Operating$3,932
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024—$4,327$14,377$11,7963$13,873$4,843$15,213
2023$301,319$14,993$20,986$13,2573$15,585$9,315$14,786
2022$307,310$10,402$23,728$15,3903$17,705$5,092$16,015
2021$320,663$35,111$22,765$15,2613$17,517$30,011$18,446
2020$308,327$13,418$21,848$15,1233—$8,920$17,172
2019$316,728$14,295$19,633$13,3263—$9,841$16,698

Under IRS private-foundation payout rules, Earnest W Taggart Trust (Pre 1969 Charitable reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Earnest W Taggart Trust (Pre 1969 Charitable's only listed officer is Regions Bank, Trustee on filings since 2019 (compensated).

Officers on the 2024 filing

  • Regions Bank

    Trustee

    On filings since 2019

    1 hr/week

    $5K (2019) → $384 (2024)

Former officers (1)
  • Former: Regions Bank Trust Dept (2022–2023) — Trustee

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Regions Bank — Trustee: $384Regions BankTrustee$384

The highest reported compensation on the 2024 filing was $384, to Regions Bank (Trustee).

Frequently asked questions about Earnest W Taggart Trust (Pre 1969 Charitable

How much does Earnest W Taggart Trust (Pre 1969 Charitable give each year?

Earnest W Taggart Trust (Pre 1969 Charitable gave $12K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $13K across 3 grants.

What is Earnest W Taggart Trust (Pre 1969 Charitable's typical grant size?

Earnest W Taggart Trust (Pre 1969 Charitable's median grant in 2024 was $3,932, and its average grant was $3,932, across 3 grants on its 2024 IRS Form 990-PF.

Where does Earnest W Taggart Trust (Pre 1969 Charitable give grants?

Earnest W Taggart Trust (Pre 1969 Charitable's top state is Georgia, with 33% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Tennessee (33%) and Alabama (33%).

Does Earnest W Taggart Trust (Pre 1969 Charitable give general operating support?

Yes: 100% of Earnest W Taggart Trust (Pre 1969 Charitable's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.

How much is Earnest W Taggart Trust (Pre 1969 Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Earnest W Taggart Trust (Pre 1969 Charitable reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Earnest W Taggart Trust (Pre 1969 Charitable's EIN?

Earnest W Taggart Trust (Pre 1969 Charitable's EIN (Employer Identification Number) is 63-6076749. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS July 6, 2020)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Earnest W Taggart Trust (Pre 1969 Charitable'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.

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