James Rushton I Foundation

Private foundation · Grantmaker Birmingham, AL EIN: 63-0955085

James Rushton I Foundation is a private foundation focused on Education, based in Birmingham, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31.8M in total assets. In 2024, it awarded 6 grants totaling $1.4M. Net investment income was $1.5M.

James Rushton I Foundation at a glance

In short: James Rushton I Foundation gave $1.4M across 6 grants in 2024 (avg $238K), mostly in Alabama. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$1,425,500
+81.7% vs 2023
Grants made (2024)
6
+20.0% vs 2023
Average grant
$237,583
+51.4% vs 2023
Median grant
$40,000
Total assets
$31,777,215
-0.7% vs 2023
Primary geography
Alabama (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who James Rushton I Foundation funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

James Rushton Early Learning Center: $702KJames Rushton Early LearningCenter$702KCommunity Foundation of Greater Birmingham: $621KCommunity Foundation ofGreater Birmingham$621KImpact Alabama: $25KImpact Alabama$25KChildcare Resource Center: $20KChildcare Resource Center$20KVoices for Alabama's Children: $3KVoices for Alabama's Children$3K

The largest 2024 recipient was James Rushton Early Learning Center ($702K). Together the top 5 received $1.4M.

Organizations only. It also paid 1 grant to individuals ($55,000), which are not listed by name.

Grant Size Distribution

15 grants across all recorded years

10<$50K2$50–100K$100–250K$250–500K3$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 15 (67%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 6 itemized grants.

States

Cities

BirminghamMontgomery

How James Rushton I Foundation gives

  • Giving grew 14155% from 2021 to 2024. Method
  • In 2024 it paid out 94% 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 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M2 grants2020 1 grant2021 1 grant2022 5 grants2023 6 grants2024

From 2020 to 2024, annual grant giving ranged from $10K (2021) to $1.4M (2024). In 2024 it made 6 grants totaling $1.4M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
James Rushton Early Learning Center Birmingham, ALSupport for the operation of a child development center for ages 6 weeks to 3 years old to provide affordable day care to low income parents to facilitate their ability to be in the work force rather than on government subsidies. Tuition is based on the parents income.$702,000
Community Foundation of Greater Birmingham Birmingham, ALProvide funding to nonprofits creating impact, empowering the people and organizations that best understand how to serve their communities with the resources they need.$621,000
1 grant to individuals Recipients not named —$55,000
Impact Alabama Birmingham, ALTo activate recent college graduates to address consequences of poverty.$25,000
Childcare Resource Center Birmingham, ALTo provide quality care and education to children.$20,000
Voices for Alabama's Children Montgomery, ALTo speak for the well-being of Alabama's children through research, public awareness, and advocacy.$2,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$31,777,215$1,682,964$1,912,246$1,425,5006$1,674,995$1,521,191$1,787,230
2023$32,005,393$2,786,111$1,159,418$784,5005$1,002,908$2,629,601$1,623,841
2022$31,351,856$2,954,448$2,559,612$20,0001—$1,255,342—
2021$30,971,355$3,180,726$2,263,780$10,0001—$1,632,499—
2020$30,223,225$1,371,825$1,980,583$15,0002—$724,211—

Under IRS private-foundation payout rules, James Rushton I Foundation reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

James Rushton I Foundation is led by Deakins Ford Rushton, President on every filing since 2020; 1 of 3 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Deakins Ford Rushton

    President

    On filings since 2020

    40 hrs/week

    $100K (2020) → $95K (2024)

  • Gail B Rushton

    Director

    On filings since 2020

    0.8 hrs/week

    No compensation reported

  • James Rushton

    Director

    On filings since 2020

    0.8 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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

Deakins Ford Rushton — President: $95KDeakins Ford RushtonPresident$95K

The highest reported compensation on the 2024 filing was $95K, to Deakins Ford Rushton (President).

Frequently asked questions about James Rushton I Foundation

How much does James Rushton I Foundation give each year?

James Rushton I Foundation gave $1.4M across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $785K across 5 grants.

What is James Rushton I Foundation's typical grant size?

James Rushton I Foundation's median grant in 2024 was $40,000, and its average grant was $237,583, across 6 grants on its 2024 IRS Form 990-PF.

Where does James Rushton I Foundation give grants?

James Rushton I Foundation gives mostly in Alabama: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Birmingham, AL (4 grants).

Does James Rushton I Foundation give general operating support?

Not in 2024: none of the 6 grants with a stated purpose on James Rushton I Foundation's 2024 IRS Form 990-PF were described as general or operating support.

Who are James Rushton I Foundation's largest grantees?

James Rushton I Foundation's largest 2024 grantees include James Rushton Early Learning Center ($702,000), Community Foundation of Greater Birmingham ($621,000) and Impact Alabama ($25,000), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($55,000), which are not listed by name. Together they received 95% of its itemized 2024 grant dollars.

How large is James Rushton I Foundation?

James Rushton I Foundation reported $31.8M in total assets on its 2024 IRS Form 990-PF. It paid out $1.7M in qualifying distributions that year, against a required minimum of $1.8M (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 James Rushton I Foundation?

James Rushton I Foundation is a private foundation focused on Education, based in Birmingham, AL. It holds $31.8M in total assets as of 2024.

What is James Rushton I Foundation's EIN?

James Rushton I Foundation's EIN (Employer Identification Number) is 63-0955085. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(4)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS September 28, 2023)
  4. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from James Rushton I Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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