J L Wilkey Residual Trust

Foundation · Grantmaker BIRMINGHAM, AL EIN: 63-6054194

J L Wilkey Residual Trust is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $226K in total assets. In 2024, it awarded 3 grants totaling $10K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$226K

-1.9% YoY

Annual Giving

$10K

-9.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$3K

-9.1% YoY

Under IRS private-foundation payout rules, J L Wilkey Residual Trust reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About J L Wilkey Residual Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $37K (67%)

New York $19K (33%)

States

Alabama New York

Cities

BirminghamNew York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$226,220	$230,679	$226,090
Revenue	$11,922	$21,470	$11,154
Expenses	$16,377	$16,862	$18,692
Qualifying Distributions	$11,811	$12,764	$14,570
Net Investment Income	$7,732	$17,397	$7,262
Distributable Amount	$12,764	$11,784	$12,717

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cerebral Palsy Int'l Rsrch Fndtn Attn ($3,255), Gateway Attn Accounting ($3,255), Uab Spain Rehabilitation Center Office ($3,255).

Recipient	Purpose	Amount
CEREBRAL PALSY INT'L RSRCH FNDTN ATTN NEW YORK, NY	GENERAL OPERATING	$3,255
GATEWAY ATTN ACCOUNTING BIRMINGHAM, AL	GENERAL OPERATING	$3,255
UAB SPAIN REHABILITATION CENTER OFFICE BIRMINGHAM, AL	GENERAL OPERATING	$3,255

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	$5,230

Frequently Asked Questions

How large is J L Wilkey Residual Trust?

As of 2024, J L Wilkey Residual Trust holds $226K in total assets with $12K in annual revenue. It awarded 3 grants totaling $10K in 2024.

Where does J L Wilkey Residual Trust operate?

J L Wilkey Residual Trust has awarded grants in Alabama, New York.

What size grants does J L Wilkey Residual Trust award?

In 2024, J L Wilkey Residual Trust awarded 3 grants totaling $10K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is J L Wilkey Residual Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, J L Wilkey Residual Trust reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.