J L Bedsole Foundation logo

J L Bedsole Foundation

MOBILE, AL EIN: 23-7225708 Website

The J L Bedsole Foundation is a private grantmaking foundation based in Mobile, Alabama, established in 1949. Designated as a 501(c)(3) organization, the foundation operates as a philanthropic institution focused on improving quality of life and strengthening communities in Southwest Alabama through grants and scholarships.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$55.0M

+37.6% YoY

Annual Giving

$3.3M

-13.1% YoY

Grant Count

167

-1.2% YoY

Avg Grant Size

$20K

-12.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission Statement: The mission of The J. L. Bedsole Foundation is to ensure the continuing health, welfare and prosperity of the citizens of Southwest Alabama by providing greater post secondary educational opportunities for worthy youth and by supporting expanded civic, cultural, artistic and economic development opportunities for all citizens of the area.

Primary Funding Areas:

The foundation supports projects serving:

  • Education, arts and culture
  • Health and human services
  • Economic development
  • Academics and STEM education
  • Elementary and secondary education
  • Higher education
  • Community and economic development

Specific Grant Purposes:

  • Aid to hospitals, schools, universities, colleges and research institutions
  • Support of welfare agencies, including orphanages and institutions for the care of the aged, crippled, blind, sick or needy
  • Health institutions, boys' and girls' health camps, playgrounds, and human beneficent agencies
  • Advancement of human knowledge and alleviation of human suffering

Grantmaking

The foundation does not consider funding organizations, programs or projects outside of five counties in Southwest Alabama: Mobile, Baldwin, Clarke, Monroe and Washington Counties.

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Geographic Focus

Where this funder awards grants

Primary focus: Five counties in Southwest Alabama (Mobile, Baldwin, Clarke, Monroe and Washington Counties)

The foundation also supports projects in multiple cities across Alabama, Florida, and Georgia, with significant presence in Alabama cities including Birmingham, Mobile, and Tuscaloosa.

Grant Distribution by State

4states

Cities

AthensAtmoreAuburnBay MinetteBirminghamChatomChickasawCoffeevilleDaphneDauphin IslandFairhopeFoleyGrove HillGulf ShoresGulfportHomewoodHooverHuntsvilleJacksonJacksons Gap

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2023):

  • Total assets: $40–$55 million (varying by source)
  • Total giving: $3.28–$7.77 million annually
  • Annual expenses: $4.8 million
  • Annual revenue: $7.77 million
  • Total liabilities: $0

Tax Status: Tax-exempt since October 1972 EIN: 23-7225708

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$11M$16M$21M20202021202220232024
Metric202420232022
Total Assets$55,017,491$39,996,967$36,981,163
Revenue$19,107,746$7,766,528$2,931,175
Expenses$4,382,381$4,799,350$3,616,024
Qualifying Distributions$3,739,122$4,224,960$3,163,584
Net Investment Income$18,508,330$7,268,110$2,492,637
Distributable Amount$3,441,939$3,095,362$3,116,330

Giving Over Time

Total grant dollars and number of grants per year

$0$944K$2M$3M$4M168 grants2020165 grants2021139 grants2022169 grants2023167 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BAYSIDE ACADEMY$500KMOBILE AREA EDUCATION FO…$150KCOVENANT ACADEMY OF MOBILE$104KCOASTAL ALABAMA PARTNERS…$100KINNOVATION PORTAL$100KDUMAS WESLEY COMMUNITY C…$82KEXPLOREUM SCIENCE CENTER$75KBAYSHORE CHRISTIAN SCHOOL$50KMOST PURE HEART OF MARY …$50KMOBILE MUSEUM OF ART$40K

Grant Size Distribution

250 grants across all recorded years

194<$50K27$50–100K21$100–250K5$250–500K3$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from J L Bedsole Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Board and Distribution Committee Members:

  • T. Bestor Ward III – Chair of Distribution Committee & Trustee
  • Travis M Bedsole Jr. – Member of Distribution Committee & Trustee
  • Winthrop M Hallett III – Member of Distribution Committee
  • T. Bestor Ward IV – Member of Distribution Committee
  • Regions Bank – Trustee

Staff:

  • Christopher L Lee – Director
  • Patricia Patton – Program Director

Compensation Overview

From 2024 IRS filing

T BESTOR WARD IIICHR DIST COMM & TRUSTEE$85KTRAVIS M BEDSOLE JRMBR DIST COMM & TRUSTEE$75KREGIONS BANKTRUSTEE$49KT BESTOR WARD IVMBR DIST COMM$20KWINTHROP M HALLETT IIIMBR DIST COMM$17K

From 2024 filing

NameTitleHoursCompensation
REGIONS BANKTRUSTEE40$49,341
TRAVIS M BEDSOLE JRMBR DIST COMM & TRUSTEE6$75,000
T BESTOR WARD IIICHR DIST COMM & TRUSTEE10$85,000
WINTHROP M HALLETT IIIMBR DIST COMM3$17,000
T BESTOR WARD IVMBR DIST COMM3$20,000

Recent News & Activity

Recent developments and announcements

The foundation has awarded grants for significant community projects, including:

Grant for Student Learning Commons at University of Mobile

J.L. Bedsole Foundation awards grant for Student Learning Commons at University

$1 million endowed scholarship at University of South Alabama

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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