I B Tigrett Memorial Trust Fund

Private foundation · Grantmaker 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 2019 through 2024. In 2024, it awarded 2 grants totaling $92K. Net investment income was $19K.

Key facts about I B Tigrett Memorial Trust Fund

In short: I B Tigrett Memorial Trust Fund gave $92K across 2 grants in 2024 (avg $46K), mostly in Tennessee. Source: 2024 IRS Form 990-PF.

EIN
62-6037886
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$92,166
Grants made (2024)
2
Average grant
$46,083
Median grant
$46,083
Primary geography
Tennessee (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$92K

+2972.2% YoY

Grant Count

2

+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.

How I B Tigrett Memorial Trust Fund gives

  • Giving grew 5486% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). 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

3states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

JacksonKansas CityLondon

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 2 grants2024

From 2019 to 2024, annual grant giving ranged from $2K (2021) to $92K (2024). In 2024 it made 2 grants totaling $92K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Boys and Girls Club of Jackson: $46KBoys and Girls Club of Jackson$46KThe Star Center: $46KThe Star Center$46K

The largest 2024 recipient was Boys and Girls Club of Jackson ($46K). Together the top 2 received $92K.

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Boys and Girls Club of Jackson Jackson, TNGeneral Operating$46,083
The Star Center Jackson, TNGeneral Operating$46,083

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2019 2020 2021 2022 2023 2024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 8, 2020)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

I B Tigrett Memorial Trust Fund's only listed officer is Regions Bank, Trustee on filings since 2019 (compensated).

Officers on the 2024 filing

  • Regions Bank

    Trustee

    On filings since 2019

    1 hr/week

    $4K (2019) → $530 (2024)

Former officers (1)
  • Former: Regions Bank Trust Dept (2021–2023) — Trustee

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Regions Bank — Trustee: $530Regions BankTrustee$530

The highest reported compensation on the 2024 filing was $530, to Regions Bank (Trustee).

Frequently asked questions about I B Tigrett Memorial Trust Fund

How much does I B Tigrett Memorial Trust Fund give each year?

I B Tigrett Memorial Trust Fund gave $92K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3K across 1 grant.

Where does I B Tigrett Memorial Trust Fund operate?

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

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 2019–2024.

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

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