Jeanette E & Benjamin F Hunter Scholarship

BIRMINGHAM, AL EIN: 37-6022836

Jeanette E & Benjamin F Hunter Scholarship 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 $5.8M in total assets. In 2024, it awarded 1 grants totaling $284K. Net investment income was $227K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.8M

-1.2% YoY

Annual Giving

$284K

-0.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$284K

-0.7% YoY

Under IRS private-foundation payout rules, Jeanette E & Benjamin F Hunter Scholarship reported a distributable amount of $323K for 2024 — the minimum it must pay out in qualifying distributions.

About Jeanette E & Benjamin F Hunter Scholarship

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Illinois $1.3M (100%)

States

Illinois

Cities

Champaign

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,836,905	$5,905,907	$6,146,129
Revenue	$293,422	$126,368	$276,293
Expenses	$361,411	$364,634	$362,036
Qualifying Distributions	$296,701	$299,961	$250,931
Net Investment Income	$226,834	$107,537	$322,858
Distributable Amount	$322,613	$297,908	$300,550

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Illinois Univ Accounting & ($283,793).

Recipient	Purpose	Amount
UNIVERSITY OF ILLINOIS UNIV ACCOUNTING & CHAMPAIGN, IL	GENERAL OPERATING	$283,793

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	$59,467

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Jeanette E & Benjamin F Hunter Scholarship?

Jeanette E & Benjamin F Hunter Scholarship is a private foundation focused on Education, based in BIRMINGHAM, AL. It holds $5.8M in total assets as of 2024.

How large is Jeanette E & Benjamin F Hunter Scholarship?

As of 2024, Jeanette E & Benjamin F Hunter Scholarship holds $5.8M in total assets with $293K in annual revenue. It awarded 1 grants totaling $284K in 2024.

Where does Jeanette E & Benjamin F Hunter Scholarship operate?

Jeanette E & Benjamin F Hunter Scholarship has awarded grants in Illinois.

What size grants does Jeanette E & Benjamin F Hunter Scholarship award?

In 2024, Jeanette E & Benjamin F Hunter Scholarship awarded 1 grants totaling $284K — an average of about $284K per grant, based on its IRS Form 990 filings.

How much is Jeanette E & Benjamin F Hunter Scholarship required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jeanette E & Benjamin F Hunter Scholarship reported a distributable amount of $323K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jeanette E & Benjamin F Hunter Scholarship's EIN?

Jeanette E & Benjamin F Hunter Scholarship's EIN (Employer Identification Number) is 37-6022836. IRS Form 990 filing data is available on this page for 2020–2024.