Ernest G Debakey Charitable Foundation
Ernest G Debakey Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ST ELMO, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.5M in total assets. In 2024, it awarded 13 grants totaling $669K. Net investment income was $1.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.5M
-1.1% YoY
Annual Giving
$669K
-26.2% YoY
Grant Count
13
+0.0% YoY
Avg Grant Size
$51K
-26.2% YoY
Under IRS private-foundation payout rules, Ernest G Debakey Charitable Foundation reported a distributable amount of $944K for 2024 — the minimum it must pay out in qualifying distributions.
About Ernest G Debakey Charitable Foundation
Based on IRS filings
Ernest G Debakey Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ST ELMO, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.5M in total assets. In 2024, it awarded 13 grants totaling $669K. Net investment income was $1.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,479,991 | $16,667,470 | $16,825,417 |
| Revenue | $1,203,397 | $1,133,600 | $593,056 |
| Expenses | $1,378,242 | $1,294,775 | $932,234 |
| Qualifying Distributions | $1,237,904 | $1,184,737 | $795,830 |
| Net Investment Income | $1,080,957 | $1,023,562 | $476,520 |
| Distributable Amount | $944,222 | $849,330 | $876,605 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Infirmary Foundation ($401,951), Tulane University ($128,509), Christian Medical Ministry ($56,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CASA MOBILE MOBILE, AL | COMMUNITY WELFARE | $5,000 |
| CHILDREN'S OF ALABAMA BIRMINGHAM, AL | COMMUNITY WELFARE | $6,000 |
| CHRISTIAN MEDICAL MINISTRY BIRMINGHAM, AL | COMMUNITY WELFARE | $56,000 |
| COMMUNITY SERVICES FOR VISION REHABILITATION MOBILE, AL | COMMUNITY WELFARE | $10,000 |
| DANCE WITHOUT LIMITS FOUNDATION MOBILE, AL | COMMUNITY WELFARE | $10,000 |
| DRUG EDUCATION COUNCIL MOBILE, AL | EDUCATION | $10,000 |
| INFIRMARY FOUNDATION MOBILE, AL | COMMUNITY WELFARE | $401,951 |
| MOBILE AREA COUNCIL - BOY SCOUTS OF AMERICA MOBILE, AL | COMMUNITY WELFARE | $1,500 |
| SALVATION ARMY MOBILE, AL | COMMUNITY WELFARE | $10,000 |
| TULANE UNIVERSITY NEW ORLEANS, LA | EDUCATION | $128,509 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANK L MCPHILLIPS MD | DIRECTOR | 0.1 | $3,000 |
| MARK NIX | DIRECTOR | 0.1 | $3,000 |
| LEIGH ANNE FLEMING | PRES/TRE/DIR | 5 | $77,071 |
| FT BOUDREAU III MD | DIRECTOR | 0.1 | $3,000 |
| CHRISTOPHER H DYAS | DIRECTOR | 0.1 | $3,000 |
| JAMIE WHALEY | DIRECTOR/DRUG ED COORDINATOR | 20 | $34,600 |
| TRUSTMARK | TRUSTEE | 0.1 | $13,055 |
| GERHARD AW BOEHM | DIRECTOR | 0.1 | $3,000 |
| HARWELL E COALE JR | DIRECTOR | 0.1 | $750 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ernest G Debakey Charitable Foundation?
Ernest G Debakey Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ST ELMO, AL. It holds $16.5M in total assets as of 2024.
How large is Ernest G Debakey Charitable Foundation?
As of 2024, Ernest G Debakey Charitable Foundation holds $16.5M in total assets with $1.2M in annual revenue. It awarded 13 grants totaling $669K in 2024.
Where does Ernest G Debakey Charitable Foundation operate?
Ernest G Debakey Charitable Foundation has awarded grants in Alabama, Illinois, Louisiana.
What size grants does Ernest G Debakey Charitable Foundation award?
In 2024, Ernest G Debakey Charitable Foundation awarded 13 grants totaling $669K — an average of about $51K per grant, based on its IRS Form 990 filings.
How much is Ernest G Debakey Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ernest G Debakey Charitable Foundation reported a distributable amount of $944K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ernest G Debakey Charitable Foundation's EIN?
Ernest G Debakey Charitable Foundation's EIN (Employer Identification Number) is 72-1374786. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ernest G Debakey Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.