Lou & Lillian Padolf Foundation

Private foundation · Grantmaker Birmingham, AL EIN: 59-6190737

Lou & Lillian Padolf Foundation is a private foundation, based in Birmingham, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $813K in total assets. In 2025, it awarded 7 grants totaling $55K. Net investment income was $81K.

Key facts about Lou & Lillian Padolf Foundation

In short: Lou & Lillian Padolf Foundation gave $55K across 7 grants in 2025 (avg $8K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
59-6190737
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$55,000
Grants made (2025)
7
Average grant
$7,857
Median grant
$3,750
Total assets
$813,032
Primary geography
Florida (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$813K

+3.3% YoY

Annual Giving

$55K

+10.0% YoY

Grant Count

7

-30.0% YoY

Avg Grant Size

$8K

+57.1% YoY

Under IRS private-foundation payout rules, Lou & Lillian Padolf Foundation reported a distributable amount of $52K for 2025 — the minimum it must pay out in qualifying distributions.

How Lou & Lillian Padolf Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+10%). Method
  • In 2025 it paid out 114% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 7 itemized grants.

States

Cities

OrlandoTallahasseeTampaCoral GablesLakelandBoca RatonGainesvilleJacksonvilleLargoClearwaterFort MyersLake WalesSaint LeoSt PetersburgWest Palm Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K10 grants2020 8 grants2021 9 grants2022 7 grants2023 10 grants2024 7 grants2025

From 2020 to 2025, annual grant giving ranged from $41K (2020) to $55K (2025). In 2025 it made 7 grants totaling $55K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

University of South Florida: $18KUniversity of South Florida$18KFlorida State University: $16KFlorida State University$16KUniversity of Florida: $11KUniversity of Florida$11KSt Petersburg College: $4KSt Petersburg College$4KFlorida Atlantic University: $3KFlorida Atlantic University$3KUniversity of Central Florida: $3KUniversity of Central Florida$3K

The largest 2025 recipient was University of South Florida ($18K). Together the top 6 received $54K.

Organizations only. It also paid 1 individual scholarship ($1,250), which are not listed by name.

Grant Size Distribution

41 grants across all recorded years

41<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 41 grants of 41 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of South Florida Tampa, FLScholarships$17,500
Florida State University Tallahassee, FLGeneral Operating$16,250
University of Florida Orlando, FLScholarships$11,250
St Petersburg College Largo, FLGeneral Operating$3,750
Florida Atlantic University Boca Raton, FLGeneral Operating$2,500
University of Central Florida Orlando, FLScholarships$2,500
1 individual scholarship Recipients not named —$1,250

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$813,032$787,108$800,146
Revenue$93,336$54,900$27,451
Expenses$71,880$67,925$71,830
Qualifying Distributions$58,891$56,224$60,888
Net Investment Income$81,320$43,235$16,336
Distributable Amount$51,701$45,663$43,134

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Lou & Lillian Padolf Foundation's only listed officer is Regions Bank, Trustee on filings since 2020 (compensated).

Officers on the 2025 filing

  • Regions Bank

    Trustee

    On filings since 2020

    1 hr/week

    $14K (2020) → $14K (2025)

Former officers (1)
  • Former: Regions Bank Trust Dept (2021–2023) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Regions Bank — Trustee: $14KRegions BankTrustee$14K

The highest reported compensation on the 2025 filing was $14K, to Regions Bank (Trustee).

Frequently asked questions about Lou & Lillian Padolf Foundation

How much does Lou & Lillian Padolf Foundation give each year?

Lou & Lillian Padolf Foundation gave $55K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $50K across 10 grants.

What is Lou & Lillian Padolf Foundation's typical grant size?

Lou & Lillian Padolf Foundation's median grant in 2025 was $3,750, and its average grant was $7,857, across 7 grants on its 2025 IRS Form 990-PF.

Where does Lou & Lillian Padolf Foundation give grants?

Lou & Lillian Padolf Foundation gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Orlando, FL (2 grants).

Does Lou & Lillian Padolf Foundation give general operating support?

Yes: 43% of Lou & Lillian Padolf Foundation's 2025 grants with a stated purpose (3 of 7) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Scholarships" (4 grants).

Who are Lou & Lillian Padolf Foundation's largest grantees?

Lou & Lillian Padolf Foundation's largest 2025 grantees include University of South Florida ($17,500), Florida State University ($16,250) and University of Florida ($11,250), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($1,250), which are not listed by name. Together they received 82% of its itemized 2025 grant dollars.

How large is Lou & Lillian Padolf Foundation?

Lou & Lillian Padolf Foundation reported $813K in total assets on its 2025 IRS Form 990-PF. It paid out $59K in qualifying distributions that year, against a required minimum of $52K (roughly 5% of its investment assets).

What is Lou & Lillian Padolf Foundation's EIN?

Lou & Lillian Padolf Foundation's EIN (Employer Identification Number) is 59-6190737. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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