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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$31.8M
-0.7% YoY
Annual Giving
$1.4M
+81.7% YoY
Grant Count
6
+20.0% YoY
Avg Grant Size
$238K
+51.4% YoY
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.
About James Rushton I Foundation
Based on IRS filings
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $31,777,215 | $32,005,393 | $31,351,856 |
| Revenue | $1,682,964 | $2,786,111 | $2,954,448 |
| Expenses | $1,912,246 | $1,159,418 | $2,559,612 |
| Qualifying Distributions | $1,674,995 | $1,002,908 | — |
| Net Investment Income | $1,521,191 | $2,629,601 | $1,255,342 |
| Distributable Amount | $1,787,230 | $1,623,841 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 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 James Rushton Early Learning Center ($702,000), Community Foundation of Greater Birmingham ($621,000), Jones Valley Teaching Farm (Smithsonian Institute) ($55,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Childcare Resource Center Birmingham, AL | To provide quality care and education to children. | $20,000 |
| Impact Alabama Birmingham, AL | To activate recent college graduates to address consequences of poverty. | $25,000 |
| James Rushton Early Learning Center Birmingham, AL | Support 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 |
| Jones Valley Teaching Farm (Smithsonian Institute) Birmingham, AL | Cooperative work toward establishment of a mutual support community; includes activities to bolster community pride and involvement for the Metropolitan Garden residents and former residents who are included in the Ambit of the Hope VI project. | $55,000 |
| Voices for Alabama's Children Montgomery, AL | To speak for the well-being of Alabama's children through research, public awareness, and advocacy. | $2,500 |
| Community Foundation of Greater Birmingham Birmingham, AL | Provide 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Deakins Ford Rushton | President | 40 | $95,000 |
| Gail B Rushton | Director | 0.8 | — |
| James Rushton | Director | 0.8 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is James Rushton I Foundation?
As of 2024, James Rushton I Foundation holds $31.8M in total assets with $1.7M in annual revenue. It awarded 6 grants totaling $1.4M in 2024.
Where does James Rushton I Foundation operate?
James Rushton I Foundation has awarded grants in Alabama.
What size grants does James Rushton I Foundation award?
In 2024, James Rushton I Foundation awarded 6 grants totaling $1.4M — an average of about $238K per grant, based on its IRS Form 990 filings.
How much is James Rushton I Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, James Rushton I Foundation reported a distributable amount of $1.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in James Rushton I Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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