Geraldine Public Library Trust Inc

GERALDINE, AL EIN: 63-1097888

Geraldine Public Library Trust Inc is a private foundation, based in GERALDINE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $551K in total assets. In 2024, it awarded 1 grants totaling $8K. Net investment income was $61K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$551K

+15.8% YoY

Annual Giving

$8K

-87.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$8K

-87.9% YoY

Under IRS private-foundation payout rules, Geraldine Public Library Trust Inc reported a distributable amount of $84K for 2024 — the minimum it must pay out in qualifying distributions.

About Geraldine Public Library Trust Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $380K (100%)

States

Alabama

Cities

Geraldine

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$550,815	$475,656	$519,168
Revenue	$65,824	$30,786	$46,344
Expenses	$12,902	$74,298	$38,168
Qualifying Distributions	$40,694	$67,076	$32,966
Net Investment Income	$61,064	$28,312	$41,142
Distributable Amount	$83,885	$59,307	$58,703

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 Geraldine Public Library ($8,142).

Recipient	Purpose	Amount
GERALDINE PUBLIC LIBRARY GERALDINE, AL	FOR EXPENSES OF OPERATING, AND CAPITAL IMPROVEMENTS TO THE GERALDINE PUBLIC LIBRARY	$8,142

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
REGINA ANDERSON	CHAIRMAN	—	—
CHARLES JONES	TRUSTEE	—	—
KATHERINE ABLES	SECRETARY	—	—
CAROLYN WHITE	TRUSTEE	—	—
JANIE HOUSE	TRUSTEE	—	—

Frequently Asked Questions

How large is Geraldine Public Library Trust Inc?

As of 2024, Geraldine Public Library Trust Inc holds $551K in total assets with $66K in annual revenue. It awarded 1 grants totaling $8K in 2024.

Where does Geraldine Public Library Trust Inc operate?

Geraldine Public Library Trust Inc has awarded grants in Alabama.

What size grants does Geraldine Public Library Trust Inc award?

In 2024, Geraldine Public Library Trust Inc awarded 1 grants totaling $8K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Geraldine Public Library Trust Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Geraldine Public Library Trust Inc reported a distributable amount of $84K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Geraldine Public Library Trust Inc's EIN?

Geraldine Public Library Trust Inc's EIN (Employer Identification Number) is 63-1097888. IRS Form 990 filing data is available on this page for 2020–2024.