I B Tigrett Memorial Trust Fund

BIRMINGHAM, AL EIN: 62-6037886

I B Tigrett Memorial Trust Fund is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $92K. Net investment income was $19K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$92K

+2972.2% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$46K

+1436.1% YoY

Under IRS private-foundation payout rules, I B Tigrett Memorial Trust Fund reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

About I B Tigrett Memorial Trust Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $98K (97%)

Missouri $3K (3%)

States

Missouri Tennessee

Cities

JacksonKansas City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	—	$75,388	$76,402
Revenue	$19,718	$7,565	$1,282
Expenses	$95,140	$8,571	$7,850
Qualifying Distributions	$94,431	$6,260	$5,533
Net Investment Income	$19,453	$5,158	—
Distributable Amount	$4,187	$4,249	$4,589

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boys and Girls Club of Jackson ($46,083), The Star Center ($46,083).

Recipient	Purpose	Amount
BOYS AND GIRLS CLUB OF JACKSON JACKSON, TN	GENERAL OPERATING	$46,083
THE STAR CENTER JACKSON, TN	GENERAL OPERATING	$46,083

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
REGIONS BANK	TRUSTEE	1	$530

Frequently Asked Questions

Where does I B Tigrett Memorial Trust Fund operate?

I B Tigrett Memorial Trust Fund has awarded grants in Missouri, Tennessee.

What size grants does I B Tigrett Memorial Trust Fund award?

In 2024, I B Tigrett Memorial Trust Fund awarded 2 grants totaling $92K — an average of about $46K per grant, based on its IRS Form 990 filings.

How much is I B Tigrett Memorial Trust Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, I B Tigrett Memorial Trust Fund reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is I B Tigrett Memorial Trust Fund's EIN?

I B Tigrett Memorial Trust Fund's EIN (Employer Identification Number) is 62-6037886. IRS Form 990 filing data is available on this page for 2020–2024.