L C Eaves Testamentary Trust

Foundation · Grantmaker Birmingham, AL EIN: 64-6183036

L C Eaves Testamentary Trust is a private foundation, based in Birmingham, AL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $321K in total assets. In 2024, it awarded 5 grants totaling $6K. Net investment income was $20K.

Key facts about L C Eaves Testamentary Trust

EIN: 64-6183036
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $6,165
Grants made (2024): 5
Average grant: $1,233
Median grant: $1,233
Total assets: $320,945
Primary geography: Mississippi (60% of itemized 2024 grant dollars)

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

Who L C Eaves Testamentary Trust funds

By grant dollars, the top recipient states for L C Eaves Testamentary Trust's 5 itemized 2024 grants were Mississippi (60%), Georgia (20%) and Texas (20%). 100% of grants with a stated purpose were for general or operating support.

How L C Eaves Testamentary Trust gives

Giving grew 94% from 2021 to 2024. Method
In 2024 it paid out 45% 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 L C Eaves Testamentary Trust

How to evaluate L C Eaves Testamentary Trust as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to L C Eaves Testamentary Trust with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$321K

+3.9% YoY

Annual Giving

$6K

-88.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1K

-88.2% YoY

Under IRS private-foundation payout rules, L C Eaves Testamentary Trust reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.

About L C Eaves Testamentary Trust

Based on IRS filings

Your AI grants department

Ready to take the next step with L C Eaves Testamentary Trust?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Mississippi $4K (60%)

Georgia $1K (20%)

Texas $1K (20%)

Share of all 5 itemized 2024 grant dollars.

States

Florida Georgia Mississippi Texas

Cities

JacksonKennesawMeridianClintonDallasRidgelandSt Petersburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$320,945	$308,832	$340,168
Revenue	$26,308	$34,947	$7,493
Expenses	$14,195	$64,395	$25,464
Qualifying Distributions	$8,081	$54,131	$11,774
Net Investment Income	$20,489	$21,555	$3,815
Distributable Amount	$17,781	$17,497	$18,946

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include American Cancer Society ($1,233), American Heart Association ($1,233), The Baptist Childrens Village ($1,233).

Recipient	Purpose	Amount
AMERICAN CANCER SOCIETY Kennesaw, GA	GENERAL OPERATING	$1,233
AMERICAN HEART ASSOCIATION Dallas, TX	GENERAL OPERATING	$1,233
THE BAPTIST CHILDRENS VILLAGE Ridgeland, MS	GENERAL OPERATING	$1,233
CENTRAL BAPTIST CHURCH Meridian, MS	GENERAL OPERATING	$1,233
MISSISSIPPI KIDNEY FOUNDATION Jackson, MS	GENERAL OPERATING	$1,233

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Regions Bank	Trustee	1	$7,079

Frequently Asked Questions

How large is L C Eaves Testamentary Trust?

As of 2024, L C Eaves Testamentary Trust holds $321K in total assets with $26K in annual revenue. It awarded 5 grants totaling $6K in 2024.

Where does L C Eaves Testamentary Trust operate?

L C Eaves Testamentary Trust has awarded grants in Florida, Georgia, Mississippi, Texas.

What size grants does L C Eaves Testamentary Trust award?

In 2024, L C Eaves Testamentary Trust awarded 5 grants totaling $6K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is L C Eaves Testamentary Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, L C Eaves Testamentary Trust reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.