Mary P Gallagher Charitable Trust is a private foundation focused on Philanthropy, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $176K in total assets. In 2024, it awarded 2 grants totaling $7K. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$176K
-0.6% YoY
Annual Giving
$7K
-8.4% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$4K
-8.4% YoY
Under IRS private-foundation payout rules, Mary P Gallagher Charitable Trust reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About Mary P Gallagher Charitable Trust
Based on IRS filings
Mary P Gallagher Charitable Trust is a private foundation focused on Philanthropy, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $176K in total assets. In 2024, it awarded 2 grants totaling $7K. Net investment income was $8K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $176,227 | $177,282 | $179,074 |
| Revenue | $11,313 | $11,038 | $6,083 |
| Expenses | $12,371 | $12,829 | $14,927 |
| Qualifying Distributions | $8,927 | $9,575 | $11,276 |
| Net Investment Income | $8,039 | $7,612 | $2,869 |
| Distributable Amount | $9,398 | $8,922 | $9,627 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Montgomery City-county Library ($3,563), River Region United Way ($3,563).
| Recipient | Purpose | Amount |
|---|---|---|
| MONTGOMERY CITY-COUNTY LIBRARY MONTGOMERY, AL | GENERAL OPERATING | $3,563 |
| RIVER REGION UNITED WAY MONTGOMERY, AL | GENERAL OPERATING | $3,563 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS BANK | TRUSTEE | 1 | $4,004 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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 $176K in total assets as of 2024.
How large is Mary P Gallagher Charitable Trust?
As of 2024, Mary P Gallagher Charitable Trust holds $176K in total assets with $11K in annual revenue. It awarded 2 grants totaling $7K in 2024.
Where does Mary P Gallagher Charitable Trust operate?
Mary P Gallagher Charitable Trust has awarded grants in Alabama.
What size grants does Mary P Gallagher Charitable Trust award?
In 2024, Mary P Gallagher Charitable Trust awarded 2 grants totaling $7K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Mary P Gallagher Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mary P Gallagher Charitable Trust reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mary P Gallagher Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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