Lee and Lois Vaughan Foundation

BIRMINGHAM, AL EIN: 71-6167964

Lee and Lois Vaughan Foundation 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 $18K in total assets. In 2024, it awarded 2 grants totaling $17K. Net investment income was $1K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$18K

-0.4% YoY

Annual Giving

$17K

+47.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$9K

+47.5% YoY

Under IRS private-foundation payout rules, Lee and Lois Vaughan Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

About Lee and Lois Vaughan Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Arkansas $26K (50%)

Texas $26K (50%)

States

Arkansas Texas

Cities

DallasLittle Rock

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$18,233	$18,310	$18,367
Revenue	$18,236	$12,726	$8,386
Expenses	$18,313	$12,755	$8,360
Qualifying Distributions	$18,206	$12,668	$8,280
Net Investment Income	$1,199	$1,058	$245
Distributable Amount	$1,216	$1,105	$987

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 Texas Scottish Rite Hospital Attn Tammie ($8,593), Arkansas Childrens Hospital Fdn Attn ($8,593).

Recipient	Purpose	Amount
TEXAS SCOTTISH RITE HOSPITAL ATTN TAMMIE DALLAS, TX	GENERAL OPERATING	$8,593
ARKANSAS CHILDRENS HOSPITAL FDN ATTN LITTLE ROCK, AR	GENERAL OPERATING	$8,593

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	$100

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Lee and Lois Vaughan Foundation?

Lee and Lois Vaughan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. It holds $18K in total assets as of 2024.

How large is Lee and Lois Vaughan Foundation?

As of 2024, Lee and Lois Vaughan Foundation holds $18K in total assets with $18K in annual revenue. It awarded 2 grants totaling $17K in 2024.

Where does Lee and Lois Vaughan Foundation operate?

Lee and Lois Vaughan Foundation has awarded grants in Arkansas, Texas.

What size grants does Lee and Lois Vaughan Foundation award?

In 2024, Lee and Lois Vaughan Foundation awarded 2 grants totaling $17K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Lee and Lois Vaughan Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lee and Lois Vaughan Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lee and Lois Vaughan Foundation's EIN?

Lee and Lois Vaughan Foundation's EIN (Employer Identification Number) is 71-6167964. IRS Form 990 filing data is available on this page for 2020–2024.