Mattie Helen Elliott Scholarship Trust

BIRMINGHAM, AL EIN: 61-6222167

Mattie Helen Elliott Scholarship Trust is a private foundation focused on Education, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $567K in total assets. In 2024, it awarded 1 grants totaling $27K. Net investment income was $27K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$567K

-0.5% YoY

Annual Giving

$27K

-4.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$27K

-4.7% YoY

Under IRS private-foundation payout rules, Mattie Helen Elliott Scholarship Trust reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.

About Mattie Helen Elliott Scholarship Trust

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $148K (100%)

States

Kentucky

Cities

Somerset

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$567,384	$570,295	$588,564
Revenue	$35,688	$21,505	$32,956
Expenses	$38,451	$39,738	$43,633
Qualifying Distributions	$30,206	$31,473	$34,960
Net Investment Income	$27,444	$13,582	$24,707
Distributable Amount	$31,036	$30,139	$31,585

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Somerset Community College ($27,293).

Recipient	Purpose	Amount
SOMERSET COMMUNITY COLLEGE SOMERSET, KY	GENERAL OPERATING	$27,293

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	$9,563

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Mattie Helen Elliott Scholarship Trust?

Mattie Helen Elliott Scholarship Trust is a private foundation focused on Education, based in BIRMINGHAM, AL. It holds $567K in total assets as of 2024.

How large is Mattie Helen Elliott Scholarship Trust?

As of 2024, Mattie Helen Elliott Scholarship Trust holds $567K in total assets with $36K in annual revenue. It awarded 1 grants totaling $27K in 2024.

Where does Mattie Helen Elliott Scholarship Trust operate?

Mattie Helen Elliott Scholarship Trust has awarded grants in Kentucky.

What size grants does Mattie Helen Elliott Scholarship Trust award?

In 2024, Mattie Helen Elliott Scholarship Trust awarded 1 grants totaling $27K — an average of about $27K per grant, based on its IRS Form 990 filings.

How much is Mattie Helen Elliott Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mattie Helen Elliott Scholarship Trust reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mattie Helen Elliott Scholarship Trust's EIN?

Mattie Helen Elliott Scholarship Trust's EIN (Employer Identification Number) is 61-6222167. IRS Form 990 filing data is available on this page for 2020–2024.