Hoy W Hamilton and Clara M Hamilton Scholarship Fund
Hoy W Hamilton and Clara M Hamilton Scholarship Fund is a private foundation focused on Education, based in Birmingham, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 4 grants totaling $50K. Net investment income was $81K.
Key facts about Hoy W Hamilton and Clara M Hamilton Scholarship Fund
In short: Hoy W Hamilton and Clara M Hamilton Scholarship Fund gave $50K across 4 grants in 2025 (avg $13K), mostly in Alabama. Source: 2025 IRS Form 990-PF.
- EIN
- 81-2255129
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $50,281
- Grants made (2025)
- 4
- Average grant
- $12,570
- Median grant
- $10,775
- Total assets
- $1,018,582
- Primary geography
- Alabama (71% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated October 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.0M
+2.6% YoY
Annual Giving
$50K
+70.6% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$13K
-57.4% YoY
Under IRS private-foundation payout rules, Hoy W Hamilton and Clara M Hamilton Scholarship Fund reported a distributable amount of $56K for 2025 — the minimum it must pay out in qualifying distributions.
How Hoy W Hamilton and Clara M Hamilton Scholarship Fund gives
- Giving grew 40% from 2022 to 2025. Method
- In 2025 it paid out 97% 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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $29K (2024) to $50K (2025). In 2025 it made 4 grants totaling $50K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Auburn University ($22K). Together the top 4 received $50K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 8 grants of 8 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Auburn University Auburn, AL | Scholarships | $21,549 |
| University of Alabama Tuscaloosa, AL | Scholarships | $14,366 |
| Lee University Cleveland, TN | Scholarships | $7,183 |
| Mississippi State University Ms State, MS | Scholarships | $7,183 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,018,582 | $992,979 | $986,793 |
| Revenue | $94,592 | $57,896 | $259,645 |
| Expenses | $68,193 | $51,643 | $54,537 |
| Qualifying Distributions | $54,479 | $34,980 | $48,160 |
| Net Investment Income | $81,365 | $44,930 | $253,270 |
| Distributable Amount | $56,392 | $55,779 | $43,445 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 29, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 2, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
Leadership & Key People
Officers and directors from IRS filings
Hoy W Hamilton and Clara M Hamilton Scholarship Fund's only listed officer is Regions Bank Trust, Trustee on every filing since 2024 (compensated).
Officers on the 2025 filing
Regions Bank Trust
Trustee
On filings since 2024
1 hr/week
$16K (2024) → $16K (2025)
Former officers (2)
- Former: Regions Bank CO Leigh Anne Fleming (2023) — Trustee
- Former: Regions Bank Trust Department (2020–2022) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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
The highest reported compensation on the 2025 filing was $16K, to Regions Bank (Trustee).
Frequently asked questions about Hoy W Hamilton and Clara M Hamilton Scholarship Fund
How much does Hoy W Hamilton and Clara M Hamilton Scholarship Fund give each year?
Hoy W Hamilton and Clara M Hamilton Scholarship Fund gave $50K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $29K across 1 grant.
What is Hoy W Hamilton and Clara M Hamilton Scholarship Fund's typical grant size?
Hoy W Hamilton and Clara M Hamilton Scholarship Fund's median grant in 2025 was $10,775, and its average grant was $12,570, across 4 grants on its 2025 IRS Form 990-PF.
Where does Hoy W Hamilton and Clara M Hamilton Scholarship Fund give grants?
Hoy W Hamilton and Clara M Hamilton Scholarship Fund gives mostly in Alabama: 71% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Tennessee (14%) and Mississippi (14%).
Does Hoy W Hamilton and Clara M Hamilton Scholarship Fund give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Hoy W Hamilton and Clara M Hamilton Scholarship Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (4 grants).
How large is Hoy W Hamilton and Clara M Hamilton Scholarship Fund?
Hoy W Hamilton and Clara M Hamilton Scholarship Fund reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $54K in qualifying distributions that year, against a required minimum of $56K (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.
What is Hoy W Hamilton and Clara M Hamilton Scholarship Fund?
Hoy W Hamilton and Clara M Hamilton Scholarship Fund is a private foundation focused on Education, based in Birmingham, AL. It holds $1.0M in total assets as of 2025.
What is Hoy W Hamilton and Clara M Hamilton Scholarship Fund's EIN?
Hoy W Hamilton and Clara M Hamilton Scholarship Fund's EIN (Employer Identification Number) is 81-2255129. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
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