Maude Parks Memorial Fund
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
Share of 2025 grant dollars across all 3 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
The most common grant size was under $50K: 13 grants of 13 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wayne Reed Christian Care Center Nashville, TN | General Operating | $15,302 |
| Acklen Avenue Church of Christ Nashville, TN | General Operating | $1,000 |
| Lipscomb Initiative for Education Nashville, TN | General Operating | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 11, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
- 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
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.
Here's the math on researching Maude Parks Memorial Fund by hand.
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