L C Eaves Testamentary Trust

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.

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Mississippi $40K (60%)

Georgia $13K (20%)

Texas $12K (18%)

Florida $2K (2%)

States

Florida Georgia Mississippi Texas

Cities

ClintonDallasJacksonKennesawMeridianRidgelandSt 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

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 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

From 2024 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.