Eternal Trust Foundation

Private foundation · Grantmaker Birmingham, AL EIN: 45-2748358

Eternal Trust Foundation is a private foundation based in Birmingham, Alabama. Its 2024 filing says awards are restricted to evangelical or religious nonprofit organizations.

Eternal Trust Foundation at a glance

In short: Eternal Trust Foundation gave $56K across 13 grants in 2024 (avg $4K), top state California. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$56,400
-45.4% vs 2023
Grants made (2024)
13
-27.8% vs 2023
Average grant
$4,338
-24.4% vs 2023
Median grant
$2,500
Total assets
$820,775
+28.8% vs 2023
Primary geography
California (20% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

How to apply to Eternal Trust Foundation

How to Apply

The filing says to contact the trustee, complete an application, and furnish a letterhead request. Awards must go to evangelical or religious nonprofit organizations.

Contact

Application contact: Trustee
Mailing address: 8790 Brasher Road, Pinson, AL 35126
Phone: (205) 841-5541

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Eternal Trust Foundation funds

How this funder distributes its grants

Grant Size Distribution

75 grants across all recorded years

75<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 75 grants of 75 (100%).

Geographic Focus

Where this funder awards grants

The 2024 filing reports that grant dollars went to recipients in California (20%), Oklahoma (18%), Georgia (18%), Arkansas (11%), and Florida (10%). The listed grants also include recipients in Minnesota, Tennessee, New York, Virginia, Texas, and Alabama.

Grant Distribution by State

22states

Share of 2024 grant dollars across all 13 itemized grants.

Cities

OrlandoAgoura HillsAustinBartlesvilleBentonvilleBirminghamBooneCarol StreamColorado SpringsConroeDallasDecaturFallbrookGilbertGreenwoodHebronHoustonJamestownLincolnMadison

How Eternal Trust Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+16%). Method
  • In 2021 it paid out well above its IRS minimum distribution (the 5% rule). 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$50K$100K$150K10 grants2020 18 grants2021 16 grants2022 18 grants2023 13 grants2024

From 2020 to 2024, annual grant giving ranged from $36K (2020) to $103K (2023). In 2024 it made 13 grants totaling $56K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
13 grants to individuals Recipients not named —$56,400
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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$820,775$241,141$57,575$56,40013$56,400——
2023$637,209$283,008$105,110$103,26018$103,260——
2022$459,311$44,819$57,409$50,20016$50,200——
2021$471,901$175,346$62,963$48,74718$348,747$2,411$22,523
2020$349,423$262,470$37,005$36,07610———

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants went to organizations whose stated work includes religious ministries, Christian missions, evangelism, disability ministry, and religious media and education. For example, Joni and Friends says its mission is to communicate the gospel and mobilize the global church to serve people living with disabilities. The Institute for Creation Research says it supports Christ’s church through science, education, and media. These are the grantees’ descriptions of their own missions.

Grantmaking

In 2024, the foundation gave 13 grants totaling $56,400. Grants ranged from $1,000 to $10,000, with a median of $2,500.

Notable 2024 awards included $10,000 each to Compassion International, Voice of the Martyrs, and Community Christian Council; $6,000 to Mission Enables International; $5,500 to Youth With a Mission; and $5,000 to Home for Uganda Orphanage. Other reported awards included $2,500 to Childrens Bible Ministries, $2,400 to Chosen People Ministries, and $1,000 each to Joni and Friends, Hope Builders Ministries, Ponderosa Student Ministry, Institute for Creation Research, and an individual recipient Productions.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists David Nichols as president, Bryan D Nichols as “EXEC DIRECVICE PRES,” Holly Nichols as secretary, and Melinda Nichols as treasurer.

Eternal Trust Foundation is led by David Nichols, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David Nichols

    President

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Bryan D. Nichols

    Executive Direcvice President

    On filings since 2023

    1 hr/week

    No compensation reported

  • Holly Nichols

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Melinda Nichols

    Treasurer

    On filings since 2020

    5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Luke Milam (2020–2022) — Executive Direcvice President

Data from IRS Form 990 filings, 2020–2024. "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 Eternal Trust Foundation

How much does Eternal Trust Foundation give each year?

Eternal Trust Foundation gave $56K across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $103K across 18 grants.

What is Eternal Trust Foundation's typical grant size?

Eternal Trust Foundation's median grant in 2024 was $2,500, and its average grant was $4,338, across 13 grants on its 2024 IRS Form 990-PF.

Where does Eternal Trust Foundation give grants?

Eternal Trust Foundation's top state is California, with 20% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Oklahoma (18%) and Georgia (18%).

Does Eternal Trust Foundation give general operating support?

Not in 2024: none of the 13 grants with a stated purpose on Eternal Trust Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Religious" (13 grants).

How large is Eternal Trust Foundation?

Eternal Trust Foundation reported $821K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $241K.

What does Eternal Trust Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants went to organizations whose stated work includes religious ministries, Christian missions, evangelism, disability ministry, and religious media and education. See mission & focus areas ↑

How do I apply for a grant from Eternal Trust Foundation?

The filing says to contact the trustee, complete an application, and furnish a letterhead request. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Eternal Trust Foundation's EIN?

Eternal Trust Foundation's EIN (Employer Identification Number) is 45-2748358. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 1, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 12, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Eternal Trust Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/eternal-trust-foundation-morg_2cfef49072ac492abfd46a1cda9d0423

BibTeX
@misc{grantable_452748358_2026,
  author       = {{Grantable}},
  title        = {{Eternal Trust Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/eternal-trust-foundation-morg_2cfef49072ac492abfd46a1cda9d0423},
  note         = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Eternal Trust 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.

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