L W Allison Scholarship Trust

BIRMINGHAM, AL EIN: 63-6191296

L W Allison Scholarship 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 $440K in total assets. In 2024, it awarded 2 grants totaling $21K. Net investment income was $19K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$440K

-0.8% YoY

Annual Giving

$21K

-3.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$10K

-3.3% YoY

Under IRS private-foundation payout rules, L W Allison Scholarship Trust reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.

About L W Allison Scholarship 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

Alabama $73K (66%)

Georgia $37K (34%)

States

Alabama Georgia

Cities

JacksonvilleYoung Harris

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$440,328	$443,922	$447,367
Revenue	$23,579	$23,743	$9,218
Expenses	$27,196	$27,134	$29,146
Qualifying Distributions	$22,619	$23,252	$25,138
Net Investment Income	$19,414	$19,781	$8,950
Distributable Amount	$21,977	$21,269	$23,043

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jacksonville State University ($13,500), Office of the President Young Harris ($7,100).

Recipient	Purpose	Amount
OFFICE OF THE PRESIDENT YOUNG HARRIS YOUNG HARRIS, GA	SCHOLARSHIPS	$7,100
JACKSONVILLE STATE UNIVERSITY JACKSONVILLE, AL	SCHOLARSHIPS	$13,500

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	$5,095

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is L W Allison Scholarship Trust?

L W Allison Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. It holds $440K in total assets as of 2024.

How large is L W Allison Scholarship Trust?

As of 2024, L W Allison Scholarship Trust holds $440K in total assets with $24K in annual revenue. It awarded 2 grants totaling $21K in 2024.

Where does L W Allison Scholarship Trust operate?

L W Allison Scholarship Trust has awarded grants in Alabama, Georgia.

What size grants does L W Allison Scholarship Trust award?

In 2024, L W Allison Scholarship Trust awarded 2 grants totaling $21K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is L W Allison Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, L W Allison Scholarship Trust reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.