Lucille S Beeson Char Tr Bond Mgmt
The Lucille S Beeson Charitable Trust is an independent private foundation established in 2001 under the will of Lucille S. Beeson, a local philanthropist, scholar, humanitarian, inventor and collector who was one of the first women to attend law school in the 1920s. The foundation is based in Birmingham, Alabama and operates as a supporting organization for a designated group of local nonprofits.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$195.6M
+1.9% YoY
Annual Giving
$10.9M
+5.7% YoY
Grant Count
15
+15.4% YoY
Avg Grant Size
$730K
-8.4% YoY
Under IRS private-foundation payout rules, Lucille S Beeson Char Tr Bond Mgmt reported a distributable amount of $11.1M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports human services, animals, youth, education, health and other community needs in Alabama. Primary funding areas include:
Health, Well-Being and Human Services
- Organizations serving poor and marginalized people in the Birmingham and Montgomery areas
- Services for homeless and housing-insecure populations
- Health-related initiatives through the Baptist Health Foundation
Youth and Family Services
- Boys and Girls Ranches of Alabama
- Services for children in the foster system
- Youth development programs
Animal Welfare
- Alabama Zoological Society
- Greater Birmingham Humane Society
Community and Religious Organizations
- Baptist Health Foundation of Birmingham Inc.
- Birmingham Botanical Society Inc.
- Canterbury United Methodist Church
- Christian Service Mission
- Community Foundation of Greater Birmingham
- Jimmie Hale Mission
- Junior League of Birmingham
- Salvation Army
- United Cerebral Palsy of Greater Birmingham
- Gateway Inc.
- Alabama Sheriff's Boys and Girls Ranches
Grantmaking
The foundation made 14 grants in 2024. Recent grants include:
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Alabama, with particular emphasis on the Birmingham and Montgomery areas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $195,596,911
- Total Revenues: $16,120,971
- Total Expenses: $12,469,772
- Number of Employees: 1
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $195,596,911 | $192,024,031 | $195,757,249 |
| Revenue | $16,120,971 | $8,186,913 | $7,385,012 |
| Expenses | $12,469,772 | $11,784,394 | $11,996,624 |
| Qualifying Distributions | $11,200,036 | $10,582,910 | $10,739,119 |
| Net Investment Income | $14,933,201 | $7,019,254 | $6,259,410 |
| Distributable Amount | $11,141,000 | $10,446,067 | $10,758,321 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
68 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Salvation Army ($1,160,572), United Ability Inc ($1,160,572), Canterbury United Methodist Church ($1,160,572).
| Recipient | Purpose | Amount |
|---|---|---|
| SALVATION ARMY BIRMINGHAM, AL | GENERAL OPERATING | $1,160,572 |
| MISSION CHRISTIAN SERVICE BIRMINGHAM, AL | GENERAL OPERATING | $229,412 |
| BAPTIST HEALTH FOUNDATION INC JACKSON, MS | GENERAL OPERATING | $595,046 |
| THE BIRMINGHAM ZOO INC BIRMINGHAM, AL | GENERAL OPERATING | $470,798 |
| GREATER BIRMINGHAM HUMANE SOCIETY BIRMINGHAM, AL | GENERAL OPERATING | $470,798 |
| UNITED ABILITY INC BIRMINGHAM, AL | GENERAL OPERATING | $1,160,572 |
| JUNIOR LEAGUE OF BIRMINGHAM ALABAMA INC BIRMINGHAM, AL | GENERAL OPERATING | $470,798 |
| CANTERBURY UNITED METHODIST CHURCH BIRMINGHAM, AL | GENERAL OPERATING | $1,160,572 |
| JIMMIE HALE MISSION BIRMINGHAM, AL | GENERAL OPERATING | $1,160,572 |
| BIRMINGHAM BOTANICAL SOCIETY INC BIRMINGHAM, AL | GENERAL OPERATING | $470,798 |
Leadership & Key People
Leadership team and compensation from IRS filings
Regions Bank serves as trustee of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS BANK | TRUSTEE | 1 | $1,236,016 |
Contact Information
Lucille S Beeson Charitable Trust Bond MGMT PO Box 11647 Birmingham, AL 35202-1647 Telephone: 205-820-3141
EIN: 72-6278911
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Lucille S Beeson Char Tr Bond Mgmt fund?
The foundation supports human services, animals, youth, education, health and other community needs in Alabama. Primary funding areas include: **Health, Well-Being and Human Services** • Organizations serving poor and marginalized people in the Birmingham and Montgomery areas • Services for homeless and housing-insecure populations • Health-related initiatives through the Baptist Health Foundation **Youth and Family Services** • Boys and Girls Ranches of Alabama • Services for children in the f…
How do I apply for a grant from Lucille S Beeson Char Tr Bond Mgmt?
**Grant Activity** The foundation made 14 grants in 2024. Recent grants include: • Alabama Sheriffs' Youth Ranches: $1,160,572 (General Operating, 2024) • Downtown Jimmie Hale Mission: $1,160,572 (General Operating, 2024) • United Ability: $1,160,572 (General Operating, 2024) **Application Process** The foundation does not maintain a website, limiting publicly available information about specific grantmaking interests and application procedures. The foundation maintains a low public profile.
Where does Lucille S Beeson Char Tr Bond Mgmt make grants?
The foundation primarily funds organizations in Alabama, with particular emphasis on the Birmingham and Montgomery areas.
What size grants does Lucille S Beeson Char Tr Bond Mgmt award?
In 2024, Lucille S Beeson Char Tr Bond Mgmt awarded 15 grants totaling $10.9M — an average of about $730K per grant, based on its IRS Form 990 filings.
How much is Lucille S Beeson Char Tr Bond Mgmt required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lucille S Beeson Char Tr Bond Mgmt reported a distributable amount of $11.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lucille S Beeson Char Tr Bond Mgmt's EIN?
Lucille S Beeson Char Tr Bond Mgmt's EIN (Employer Identification Number) is 72-6278911. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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