Ernest a Brooks Memorial Trust

NEWBERRY, SC EIN: 57-0808507

Ernest a Brooks Memorial Trust is a private foundation, based in NEWBERRY, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $431K in total assets. In 2024, it awarded 1 grants totaling $23K. Net investment income was $30K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$431K

+1.0% YoY

Annual Giving

$23K

+2.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$23K

+2.5% YoY

Under IRS private-foundation payout rules, Ernest a Brooks Memorial Trust reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.

About Ernest a Brooks Memorial Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

South Carolina $95K (100%)

States

South Carolina

Cities

Columbia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$430,847	$426,470	$427,933
Revenue	$37,836	$31,063	$44,820
Expenses	$33,459	$32,526	$32,738
Qualifying Distributions	$22,550	$22,000	$24,000
Net Investment Income	$30,127	$23,637	$39,583
Distributable Amount	$24,996	$23,681	$25,439

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

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Usc Gamecock Club ($22,550).

Recipient	Purpose	Amount
USC GAMECOCK CLUB COLUMBIA, SC	ATHLETICS & ATHLETIC SCHOLARSHIPS	$22,550

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
EUGENE C GRIFFITH JR	TRUSTEE (SUC	—	$2,000

Frequently Asked Questions

How large is Ernest a Brooks Memorial Trust?

As of 2024, Ernest a Brooks Memorial Trust holds $431K in total assets with $38K in annual revenue. It awarded 1 grants totaling $23K in 2024.

Where does Ernest a Brooks Memorial Trust operate?

Ernest a Brooks Memorial Trust has awarded grants in South Carolina.

What size grants does Ernest a Brooks Memorial Trust award?

In 2024, Ernest a Brooks Memorial Trust awarded 1 grants totaling $23K — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is Ernest a Brooks Memorial Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ernest a Brooks Memorial Trust reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ernest a Brooks Memorial Trust's EIN?

Ernest a Brooks Memorial Trust's EIN (Employer Identification Number) is 57-0808507. IRS Form 990 filing data is available on this page for 2020–2024.