Maude Parks Memorial Fund

Private foundation · Grantmaker Birmingham, AL EIN: 62-6042777
ReligionHuman services

Maude Parks Memorial Fund is a private foundation focused on Religion, based in Birmingham, AL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $512K in total assets. In 2025, it awarded 3 grants totaling $17K. Net investment income was $17K.

Key facts about Maude Parks Memorial Fund

In short: Maude Parks Memorial Fund gave $17K across 3 grants in 2025 (avg $6K), mostly in Tennessee. Source: 2025 IRS Form 990-PF.

EIN
62-6042777
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$17,302
Grants made (2025)
3
Average grant
$5,767
Median grant
$1,000
Total assets
$511,907
Primary geography
Tennessee (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

$512K

-0.6% YoY

Annual Giving

$17K

-40.9% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$6K

-40.9% YoY

Under IRS private-foundation payout rules, Maude Parks Memorial Fund reported a distributable amount of $28K for 2025 — the minimum it must pay out in qualifying distributions.

How Maude Parks Memorial Fund gives

  • Giving fell 33% from 2022 to 2025. Method
  • In 2025 it paid out 72% 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

2states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

NashvilleGrand JCTGrand JunctionLouisville

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K2 grants2019 2 grants2021 2 grants2022 3 grants2023 3 grants2024 3 grants2025

From 2019 to 2025, annual grant giving ranged from $17K (2025) to $29K (2024). In 2025 it made 3 grants totaling $17K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Wayne Reed Christian Care Center: $15KWayne Reed Christian CareCenter$15KAcklen Avenue Church of Christ: $1KAcklen Avenue Church of Christ$1KLipscomb Initiative for Education: $1KLipscomb Initiative forEducation$1K

The largest 2025 recipient was Wayne Reed Christian Care Center ($15K). Together the top 3 received $17K.

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 13 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Wayne Reed Christian Care Center Nashville, TNGeneral Operating$15,302
Acklen Avenue Church of Christ Nashville, TNGeneral Operating$1,000
Lipscomb Initiative for Education Nashville, TNGeneral Operating$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$511,907$515,140$536,023
Revenue$24,490$18,019$5,592
Expenses$27,341$38,923$32,582
Qualifying Distributions$20,018$31,957$26,220
Net Investment Income$17,409$11,149$4,813
Distributable Amount$27,681$27,020$24,859

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS July 11, 2020)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 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 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Maude Parks Memorial Fund's only listed officer is Regions Bank, Trustee on filings since 2021 (compensated).

Officers on the 2025 filing

  • Regions Bank

    Trustee

    On filings since 2021

    1 hr/week

    $2K (2021) → $8K (2025)

Former officers (3)
  • Former: Regions Bank Trust Dept (2022–2023) — Trustee
  • Former: Laquita M. Smith (2019) — Secretary
  • Former: Norman Randolph Parks (2019) — President

Data from IRS Form 990 filings, 2019–2025. "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: $8KRegions BankTrustee$8K

The highest reported compensation on the 2025 filing was $8K, to Regions Bank (Trustee).

Frequently asked questions about Maude Parks Memorial Fund

How much does Maude Parks Memorial Fund give each year?

Maude Parks Memorial Fund gave $17K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $29K across 3 grants.

What is Maude Parks Memorial Fund's typical grant size?

Maude Parks Memorial Fund's median grant in 2025 was $1,000, and its average grant was $5,767, across 3 grants on its 2025 IRS Form 990-PF.

Where does Maude Parks Memorial Fund give grants?

Maude Parks Memorial Fund gives mostly in Tennessee: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Nashville, TN (3 grants).

Does Maude Parks Memorial Fund give general operating support?

Yes: 100% of Maude Parks Memorial Fund's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Maude Parks Memorial Fund?

Maude Parks Memorial Fund reported $512K in total assets on its 2025 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $28K (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.

What is Maude Parks Memorial Fund?

Maude Parks Memorial Fund is a private foundation focused on Religion, based in Birmingham, AL. It holds $512K in total assets as of 2025.

What is Maude Parks Memorial Fund's EIN?

Maude Parks Memorial Fund's EIN (Employer Identification Number) is 62-6042777. IRS Form 990 filing data is available on this page for 2019–2025.

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

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