Mary P Gallagher Charitable Trust

Foundation · Grantmaker Birmingham, AL EIN: 63-6069635
PhilanthropyFoundations

Mary P Gallagher Charitable Trust is a private foundation focused on Philanthropy, based in Birmingham, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $171K in total assets. In 2025, it awarded 2 grants totaling $8K. Net investment income was $5K.

Key facts about Mary P Gallagher Charitable Trust

In short: Mary P Gallagher Charitable Trust gave $8K across 2 grants in 2025 (avg $4K), mostly in Alabama. Source: 2025 IRS Form 990-PF.

EIN
63-6069635
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$7,596
Grants made (2025)
2
Average grant
$3,798
Median grant
$3,798
Total assets
$171,406
Primary geography
Alabama (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

$171K

-2.7% YoY

Annual Giving

$8K

+6.6% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$4K

+6.6% YoY

Under IRS private-foundation payout rules, Mary P Gallagher Charitable Trust reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.

How Mary P Gallagher Charitable Trust gives

  • Giving held roughly steady from 2022 to 2025 (−20%). Method
  • In 2025 it paid out 97% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 2 itemized 2025 grant dollars.

States

Cities

Montgomery

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K2 grants20202 grants20212 grants20222 grants20232 grants20242 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Montgomery City-County Library: $4KMontgomery City-County Library$4KRiver Region United Way: $4KRiver Region United Way$4K

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
MONTGOMERY CITY-COUNTY LIBRARY Montgomery, ALGENERAL OPERATING$3,798
RIVER REGION UNITED WAY Montgomery, ALGENERAL OPERATING$3,798

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K202020212022202320242025
Metric202520242023
Total Assets$171,406$176,227$177,282
Revenue$8,180$11,313$11,038
Expenses$12,785$12,371$12,829
Qualifying Distributions$9,396$8,927$9,575
Net Investment Income$4,906$8,039$7,612
Distributable Amount$9,638$9,398$8,922

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 April 18, 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

Mary P Gallagher Charitable Trust'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

    $3K (2020) → $4K (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: $4KRegions BankTrustee$4K

Frequently asked questions about Mary P Gallagher Charitable Trust

How much does Mary P Gallagher Charitable Trust give each year?

Mary P Gallagher Charitable Trust gave $8K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $7K across 2 grants.

How large is Mary P Gallagher Charitable Trust?

Mary P Gallagher Charitable Trust reported $171K in total assets on its 2025 IRS Form 990-PF. It paid out $9K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).

What is Mary P Gallagher Charitable Trust?

Mary P Gallagher Charitable Trust is a private foundation focused on Philanthropy, based in Birmingham, AL. It holds $171K in total assets as of 2025.

Where does Mary P Gallagher Charitable Trust operate?

Mary P Gallagher Charitable Trust has awarded grants in Alabama.

What is Mary P Gallagher Charitable Trust's EIN?

Mary P Gallagher Charitable Trust's EIN (Employer Identification Number) is 63-6069635. 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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