George Bacon Endowment Fund

Private foundation · Grantmaker Birmingham, AL EIN: 64-6026820

George Bacon Endowment Fund is a private foundation, based in Birmingham, AL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $504K in total assets. In 2025, it awarded 1 grant totaling $17K. Net investment income was $22K.

George Bacon Endowment Fund at a glance

In short: George Bacon Endowment Fund gave $17K across 1 grant in 2025 (avg $17K), mostly in Mississippi. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$17,048
+4.9% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$17,048
+4.9% vs 2024
Median grant
$17,048
Total assets
$503,566
+0.4% vs 2024
Primary geography
Mississippi (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who George Bacon Endowment Fund funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

First-Trinity Presbyterian Church: $17KFirst-Trinity PresbyterianChurch$17K

The largest 2025 recipient was First-Trinity Presbyterian Church ($17K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Laurel

How George Bacon Endowment Fund gives

  • Giving held roughly steady from 2022 to 2025 (−6%). Method
  • In 2025 it paid out 71% 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$20K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $15K (2023) to $18K (2022). In 2025 it made 1 grant totaling $17K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
First-Trinity Presbyterian Church Laurel, MSGeneral Operating$17,048
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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
2025$503,566$26,933$24,742$17,0481$19,911$22,102$28,092
2024$501,416$27,143$22,691$16,2511$16,251$18,617—
2023$496,964$34,837$20,915$14,8811$14,881$19,082—
2022$483,042$36,366$24,621$18,1041$18,104$23,405—
2021$471,297$39,754$23,893$17,3581—$19,588—

Under IRS private-foundation payout rules, George Bacon Endowment Fund reported a distributable amount of $28K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

George Bacon Endowment Fund's only listed officer is Regions Bank Trust Dept, Trustee on the 2025 filing (compensated).

Officers on the 2025 filing

  • Regions Bank Trust Dept

    Trustee

    New on the 2025 filing

    1 hr/week

    $6K (2025)

Former officers (7)
  • Former: Clayton Johnson (2021–2024) — President
  • Former: Elizabeth Sumrall (2021–2024) — Trustee
  • Former: Lee Gill (2021–2024) — Secretary
  • Former: Mark Herring (2021–2024) — Trustee
  • Former: Mike Chancellor (2021–2024) — Trustee
  • Former: Nan Thames (2021–2024) — Trustee
  • Former: Selmer Valentine (2021–2024) — Trustee

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Regions Bank Trust Dept — Trustee: $6KRegions Bank Trust DeptTrustee$6K

The highest reported compensation on the 2025 filing was $6K, to Regions Bank Trust Dept (Trustee).

Frequently asked questions about George Bacon Endowment Fund

How much does George Bacon Endowment Fund give each year?

George Bacon Endowment Fund gave $17K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $16K across 1 grant.

How large is George Bacon Endowment Fund?

George Bacon Endowment Fund reported $504K in total assets on its 2025 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $28K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does George Bacon Endowment Fund operate?

George Bacon Endowment Fund has awarded grants in Mississippi.

What is George Bacon Endowment Fund's EIN?

George Bacon Endowment Fund's EIN (Employer Identification Number) is 64-6026820. IRS Form 990 filing data is available on this page for 2021–2025.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 28, 2021)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 7, 2022)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 17, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2024)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 14, 2026)
  6. IRS filings on file for fiscal years 2021–2025

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

Figures come from George Bacon Endowment Fund'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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