Marshall County Foundation for Fine

Foundation · Grantmaker Guntersville, AL EIN: 23-7016022
Arts and cultureEducation

Marshall County Foundation for Fine is a private foundation focused on Arts and culture, based in Guntersville, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $515K in total assets. In 2024, it awarded 23 grants totaling $48K. Net investment income was $13K.

Key facts about Marshall County Foundation for Fine

EIN
23-7016022
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$47,570
Grants made (2024)
23
Average grant
$2,068
Median grant
$250
New grantees (estimate)
26% first-time grantees (6 of 23, 2024)
Total assets
$515,071
Primary geography
Alabama (99% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Marshall County Foundation for Fine funds

By grant dollars, the top recipient states for Marshall County Foundation for Fine's 23 itemized 2024 grants were Alabama (99%). The most frequent recipient cities were Guntersville, AL (15 grants). None of its 23 grants with a stated purpose were described as general or operating support. Recurring purposes include "Promote Arts" (4 grants).

Is Marshall County Foundation for Fine open to new grantees?

26%

first-time grantees, 2024

In 2024, 6 of 23 grantees (26%) were first-time recipients. First grants averaged $173; repeat grants $3K. How we count

Medians: $100 first-time, $500 repeat.

  • 65% of 2024 grantees were also funded in 2023. Method
  • Giving grew 40% from 2021 to 2024. Method
  • In 2024 it paid out 83% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$515K

-0.1% YoY

Annual Giving

$48K

+53.9% YoY

Grant Count

23

+43.8% YoY

Avg Grant Size

$2K

+7.1% YoY

Under IRS private-foundation payout rules, Marshall County Foundation for Fine reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.

About Marshall County Foundation for Fine

Based on IRS filings

Marshall County Foundation for Fine is a private foundation focused on Arts and culture, based in Guntersville, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $515K in total assets. In 2024, it awarded 23 grants totaling $48K. Net investment income was $13K.

Focus Areas

Arts and cultureEducation
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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of all 23 itemized 2024 grant dollars.

Cities

GuntersvilleAlbertvilleArabBoazMontgomeryBirminghamWashingtonCharlotteDallasHuntsvilleLouisvilleNauvooNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16K$31K$47K$63K20202021202220232024
Metric202420232022
Total Assets$515,071$515,837$494,230
Revenue$55,240$57,153$11,122
Expenses$56,006$35,546$32,239
Qualifying Distributions$47,570$30,900$28,400
Net Investment Income$13,077$8,234$7,597
Distributable Amount$57,234$48,257$45,645

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$24K$36K$48K15 grants202020 grants202118 grants202216 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Church of the Epiphany: $26KChurch of the Epiphany$26KSecond Chance Animal Shelter: $10KSecond Chance Animal Shelter$10KWestside Animal Shelter: $3KWestside Animal Shelter$3KMarshall Co Christmas Coalition: $2KMarshall Co ChristmasCoalition$2KThe Whole Backstage: $1KThe Whole Backstage$1KCherokee Elementary School: $1KCherokee Elementary School$1KArt on the Lake: $1KArt on the Lake$1KMasonic Lodge: $750Masonic Lodge$750Lighthouse Theater Group: $500Lighthouse Theater Group$500Cha-La-Kee Art Camp: $500Cha-La-Kee Art Camp$500

Grant Size Distribution

92 grants across all recorded years

92<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Church of the Epiphany ($26,250), Second Chance Animal Shelter ($10,000), Westside Animal Shelter ($2,500).

RecipientPurposeAmount
CHURCH OF THE EPIPHANY Guntersville, ALWOODALL MEMORIAL$26,250
SECOND CHANCE ANIMAL SHELTER Boaz, ALRESCUE ANIMALS$10,000
WESTSIDE ANIMAL SHELTER Arab, ALTO RESCUE STRAY ANIMALS$2,500
MARSHALL CO CHRISTMAS COALITION Guntersville, ALAID FOR INDIGENT CHILDREN$2,000
THE WHOLE BACKSTAGE Guntersville, ALSUPPORT THEATRICAL PRODUCTIONS$1,000
CHEROKEE ELEMENTARY SCHOOL Guntersville, ALEDUCATING CHILDREN$1,000
ART ON THE LAKE Guntersville, ALPROMOTE ARTS$1,000
MASONIC LODGE Guntersville, ALFRATERNAL AND SOCIAL BONDING$750
LIGHTHOUSE THEATER GROUP Albertville, ALGIVE CHILDREN ACCESS TO THEATER ARTS$500
CHA-LA-KEE ART CAMP Guntersville, ALPROMOTE ARTS$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
John T WoodallDirector——
Kathryn T WoodallDirector——
Sherida W RiceDirector——
Larry BoggusDirector——
Adele WoodallDirector——

Subject Areas

Focus areas based on grantmaking activity

Arts and cultureEducation

Frequently Asked Questions

What is Marshall County Foundation for Fine?

Marshall County Foundation for Fine is a private foundation focused on Arts and culture, based in Guntersville, AL. It holds $515K in total assets as of 2024.

How large is Marshall County Foundation for Fine?

As of 2024, Marshall County Foundation for Fine holds $515K in total assets with $55K in annual revenue. It awarded 23 grants totaling $48K in 2024.

Where does Marshall County Foundation for Fine operate?

Marshall County Foundation for Fine has awarded grants in Alabama, District of Columbia, Kentucky, North Carolina, New York, Texas.

What size grants does Marshall County Foundation for Fine award?

In 2024, Marshall County Foundation for Fine awarded 23 grants totaling $48K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Marshall County Foundation for Fine required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Marshall County Foundation for Fine reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Marshall County Foundation for Fine's EIN?

Marshall County Foundation for Fine's EIN (Employer Identification Number) is 23-7016022. IRS Form 990 filing data is available on this page for 2020–2024.

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

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