Kennedy-Douglass Trust

Foundation · Grantmaker Florence, AL EIN: 63-6109588

Kennedy-Douglass Trust is a private foundation, based in Florence, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $351K in total assets. In 2024, it awarded 6 grants totaling $18K. Net investment income was $33K.

Key facts about Kennedy-Douglass Trust

EIN: 63-6109588
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $17,632
Grants made (2024): 6
Average grant: $2,939
Median grant: $1,840
Total assets: $350,655
Primary geography: Alabama (99% of itemized 2024 grant dollars)

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

Who Kennedy-Douglass Trust funds

By grant dollars, the top recipient states for Kennedy-Douglass Trust's 6 itemized 2024 grants were Alabama (99%). The most frequent recipient cities were Florence, AL (2 grants). None of its 6 grants with a stated purpose were described as general or operating support. Recurring purposes include "Benevolent Donation" (5 grants).

How Kennedy-Douglass Trust gives

Giving held roughly steady from 2021 to 2024 (−6%). Method
In 2024 it paid out 85% 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-PF filings. Methodology.

Next steps with Kennedy-Douglass Trust

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$351K

+4.4% YoY

Annual Giving

$18K

-8.5% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$3K

-39.0% YoY

Under IRS private-foundation payout rules, Kennedy-Douglass Trust reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.

About Kennedy-Douglass Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $17K (99%)

Virginia $150 (1%)

Share of all 6 itemized 2024 grant dollars.

States

Alabama District of Columbia Virginia

Cities

FlorenceTuscaloosaBirminghamHackleburgRichmondWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$350,655	$335,880	$332,344
Revenue	$34,696	$24,967	$23,326
Expenses	$19,921	$21,431	$20,516
Qualifying Distributions	$17,632	$19,263	$18,493
Net Investment Income	$32,728	$23,100	$21,649
Distributable Amount	$20,668	$17,632	$19,263

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

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

23 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Luke Grissom ($8,000), Kennedy Douglass Center for the Arts ($4,803), Keble College Oxford UK Co Kennedy Douglass Trust ($2,679).

Recipient	Purpose	Amount
LUKE GRISSOM Hackleburg, AL	GRANT FOR THE CATALOG OF KENNEDY DOUGLASS MEMORABILIA	$8,000
KENNEDY DOUGLASS CENTER FOR THE ARTS Florence, AL	BENEVOLENT DONATION	$4,803
KEBLE COLLEGE OXFORD UK CO KENNEDY DOUGLASS TRUST Florence, AL	BENEVOLENT DONATION	$2,679
ALABAMA PUBLIC RADIO Tuscaloosa, AL	BENEVOLENT DONATION	$1,000
EPISCOPAL DIOCESE OF ALABAMA Birmingham, AL	BENEVOLENT DONATION	$1,000
FRIENDS OF SULGRAVE MANOR Richmond, VA	BENEVOLENT DONATION	$150

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Rebecca Mauldin	Chairperson	—	—
Keith Fraser	Board Member	—	—
John Douglass	Board Member	—	—
Nancy O'Neal	Board Member	—	—
Sarah Ware	Board Member	—	—

Frequently Asked Questions

How large is Kennedy-Douglass Trust?

As of 2024, Kennedy-Douglass Trust holds $351K in total assets with $35K in annual revenue. It awarded 6 grants totaling $18K in 2024.

Where does Kennedy-Douglass Trust operate?

Kennedy-Douglass Trust has awarded grants in Alabama, District of Columbia, Virginia.

What size grants does Kennedy-Douglass Trust award?

In 2024, Kennedy-Douglass Trust awarded 6 grants totaling $18K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Kennedy-Douglass Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kennedy-Douglass Trust reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.