Lula Newsome Charitable Trust No 2
Lula Newsome Charitable Trust No 2 is a private foundation, based in Birmingham, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $636K in total assets. In 2025, it awarded 1 grant totaling $96K. Net investment income was $55K.
Lula Newsome Charitable Trust No 2 at a glance
In short: Lula Newsome Charitable Trust No 2 gave $96K across 1 grant in 2025 (avg $96K), mostly in Alabama. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $95,697
- +55.1% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $95,697
- +55.1% vs 2024
- Median grant
- $95,697
- Total assets
- $635,891
- +2.7% vs 2024
- Primary geography
- Alabama (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Lula Newsome Charitable Trust No 2 funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Lula Newsome Charitable Trust No 2 gives
- Giving grew 156% from 2022 to 2025. Method
- In 2025 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $31K (2020) to $96K (2025). In 2025 it made 1 grant totaling $96K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $95,697 |
Ready to take the next step with Lula Newsome Charitable Trust No 2?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $635,891 | $64,410 | $108,980 | $95,697 | 1 | $99,202 | $54,599 | $99,712 |
| 2024 | $619,339 | $23,416 | $75,041 | $61,718 | 1 | $65,156 | $13,937 | $69,230 |
| 2023 | $639,160 | $38,841 | $43,454 | $31,814 | 1 | $34,998 | $30,247 | $33,088 |
| 2022 | $643,785 | $39,288 | $51,364 | $37,360 | 1 | $40,704 | $30,331 | $35,158 |
| 2021 | $655,912 | $80,783 | $46,500 | $32,555 | 1 | $36,156 | $70,719 | $40,961 |
| 2020 | $621,622 | $27,131 | $43,119 | $31,462 | 1 | — | $18,846 | $35,743 |
Under IRS private-foundation payout rules, Lula Newsome Charitable Trust No 2 reported a distributable amount of $100K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Lula Newsome Charitable Trust No 2'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
$10K (2020) → $12K (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
The highest reported compensation on the 2025 filing was $12K, to Regions Bank (Trustee).
Frequently asked questions about Lula Newsome Charitable Trust No 2
How much does Lula Newsome Charitable Trust No 2 give each year?
Lula Newsome Charitable Trust No 2 gave $96K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $62K across 1 grant.
How large is Lula Newsome Charitable Trust No 2?
Lula Newsome Charitable Trust No 2 reported $636K in total assets on its 2025 IRS Form 990-PF. It paid out $99K in qualifying distributions that year, against a required minimum of $100K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Lula Newsome Charitable Trust No 2 operate?
Lula Newsome Charitable Trust No 2 has awarded grants in Alabama.
What is Lula Newsome Charitable Trust No 2's EIN?
Lula Newsome Charitable Trust No 2's EIN (Employer Identification Number) is 63-6087675. 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.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Lula Newsome Charitable Trust No 2's focus areas in our free grants database
Similar Funders
Similar funders in Alabama
Alabama Power Foundation Inc
Birmingham, AL
The Alabama Power Foundation funds Alabama nonprofits, schools, and community initiatives in education, civic and community development, arts and culture, health and human services, and environmental stewardship. In 2024, grants ranged from $100 to $500,000, with a median of $2,500. It provides an online application for grants; unsolicited requests are not specifically addressed.
Assets
$117.9M
Grants
1,240
Total Given
$16.2M
The Daniel Foundation of Alabama
Birmingham, AL
The Daniel Foundation of Alabama funds education and youth development, basic needs, health and human services, arts, and community and rural projects that strengthen Alabama communities. Its 2024 grants had a median of $10,000 and ranged from $200 to $112,500, with most funding going to Alabama organizations and projects.
Assets
$114.5M
Grants
521
Total Given
$7.5M
The Community Foundation of Greater Birmingham
Birmingham, AL
The Community Foundation of Greater Birmingham funds programs, projects, and capital improvements across priorities including thriving communities, economic opportunity, poverty reduction, and equity. Its 2024 grants had a median of about $20,600, though awards varied widely; competitive grants support eligible organizations serving Blount, Jefferson, Shelby, and St. Clair counties in Alabama. It accepts competitive requests through periodic application cycles, but the current cycle described is closed.
Assets
$350.7M
Grants
440
Total Given
$43.6M
The Long Lewis Foundation
Muscle Shoals, AL
The Long-Lewis Foundation supports evangelistic causes, local and global mission work, and people facing medical or emotional hardship, with limited scholarships for those pursuing full-time ministry. Its 2024 grants ranged from $27 to $62,450, with a median of $1,000; it primarily funded Alabama organizations and supports communities it serves. It states that it funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$5.5M
Grants
318
Total Given
$845K
Community Foundation of Greater Huntsville
Huntsville, AL
The Community Foundation of Greater Huntsville supports quality-of-life needs including education, basic needs, health, arts, and community development across Jackson, Limestone, Madison, Marshall, and Morgan Counties. In 2024, its grants had a median of $14,700 and ranged from $5,100 to $651,700; some named programs offer awards of $50,000. It provides application options for Foundation grants, but whether it accepts unsolicited requests is not stated.
Assets
$66.3M
Grants
285
Total Given
$11.7M
Protective Life Foundation
Birmingham, AL
Protective Life Foundation funds nonprofits focused on education, food security, shelter, disaster relief, and community quality of life, primarily in metro Birmingham. Its 2024 grants had a median of $5,000, though awards ranged from $48 to $700,000; the Foundation does not restrict giving to preselected organizations, and the profile does not state whether it accepts unsolicited requests.
Assets
$653K
Grants
219
Total Given
$3.8M
More similar funders
More Funders in Alabama
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Lula Newsome Charitable Trust No 2's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Lula Newsome Charitable Trust No 2 down — hundreds of funders to go?