Ellison Charitable Remainder Trust

MONTGOMERY, AL EIN: 72-6240813

Ellison Charitable Remainder Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTGOMERY, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 1 grants totaling $150K. Net investment income was $179K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+0.3% YoY

Annual Giving

$150K

+5.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$150K

+5.8% YoY

Under IRS private-foundation payout rules, Ellison Charitable Remainder Trust reported a distributable amount of $149K for 2024 — the minimum it must pay out in qualifying distributions.

About Ellison Charitable Remainder Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $804K (100%)

States

Alabama

Cities

Montgomery

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,553,789	$2,546,405	$2,655,869
Revenue	$197,258	$67,375	$38,174
Expenses	$189,873	$176,835	$216,847
Qualifying Distributions	$171,644	$162,145	$196,329
Net Investment Income	$179,029	$52,685	$46,309
Distributable Amount	$149,139	$141,719	$147,340

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Huntingdon College ($150,112).

Recipient	Purpose	Amount
HUNTINGDON COLLEGE MONTGOMERY, AL	EDUCATIONAL	$150,112

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
REGIONS PRIVATE WEALTH MANAGEMENT	TRUSTEE	5	$29,612

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Ellison Charitable Remainder Trust?

Ellison Charitable Remainder Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTGOMERY, AL. It holds $2.6M in total assets as of 2024.

How large is Ellison Charitable Remainder Trust?

As of 2024, Ellison Charitable Remainder Trust holds $2.6M in total assets with $197K in annual revenue. It awarded 1 grants totaling $150K in 2024.

Where does Ellison Charitable Remainder Trust operate?

Ellison Charitable Remainder Trust has awarded grants in Alabama.

What size grants does Ellison Charitable Remainder Trust award?

In 2024, Ellison Charitable Remainder Trust awarded 1 grants totaling $150K — an average of about $150K per grant, based on its IRS Form 990 filings.

How much is Ellison Charitable Remainder Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ellison Charitable Remainder Trust reported a distributable amount of $149K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ellison Charitable Remainder Trust's EIN?

Ellison Charitable Remainder Trust's EIN (Employer Identification Number) is 72-6240813. IRS Form 990 filing data is available on this page for 2020–2024.