John L Haglund Testamentary Trust

BIRMINGHAM, AL EIN: 75-6534320

John L Haglund Testamentary Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $866K in total assets. In 2024, it awarded 1 grants totaling $49K. Net investment income was $57K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$866K

+0.3% YoY

Annual Giving

$49K

+2.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$49K

+2.1% YoY

Under IRS private-foundation payout rules, John L Haglund Testamentary Trust reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.

About John L Haglund Testamentary Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $151K (61%)

Texas $97K (39%)

States

Texas Virginia

Cities

AlexandriaLongview

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$866,108	$863,226	$888,775
Revenue	$69,782	$38,989	$14,539
Expenses	$66,705	$64,468	$75,205
Qualifying Distributions	$52,984	$51,841	$58,716
Net Investment Income	$56,586	$24,554	$11,512
Distributable Amount	$50,924	$48,470	$52,038

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 The Salvation Army ($48,621).

Recipient	Purpose	Amount
THE SALVATION ARMY ALEXANDRIA, VA	GENERAL OPERATING	$48,621

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	$15,565

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is John L Haglund Testamentary Trust?

John L Haglund Testamentary Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. It holds $866K in total assets as of 2024.

How large is John L Haglund Testamentary Trust?

As of 2024, John L Haglund Testamentary Trust holds $866K in total assets with $70K in annual revenue. It awarded 1 grants totaling $49K in 2024.

Where does John L Haglund Testamentary Trust operate?

John L Haglund Testamentary Trust has awarded grants in Texas, Virginia.

What size grants does John L Haglund Testamentary Trust award?

In 2024, John L Haglund Testamentary Trust awarded 1 grants totaling $49K — an average of about $49K per grant, based on its IRS Form 990 filings.

How much is John L Haglund Testamentary Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, John L Haglund Testamentary Trust reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is John L Haglund Testamentary Trust's EIN?

John L Haglund Testamentary Trust's EIN (Employer Identification Number) is 75-6534320. IRS Form 990 filing data is available on this page for 2020–2024.