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.

Maude Parks Memorial Fund at a glance

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

Annual giving (2025)
$17,302
-40.9% vs 2024
Grants made (2025)
3
+0.0% vs 2024
Average grant
$5,767
-40.9% vs 2024
Median grant
$1,000
Total assets
$511,907
-0.6% vs 2024
Primary geography
Tennessee (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Maude Parks Memorial Fund funds

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%).

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

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.

Giving History

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.

Grants by year

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
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$511,907$24,490$27,341$17,3023$20,018$17,409$27,681
2024$515,140$18,019$38,923$29,2643$31,957$11,149$27,020
2023$536,023$5,592$32,582$23,6873$26,220$4,813$24,859
2022$563,217$-36,888$41,535$26,0102$28,670$2,579$26,232
2021$641,679$452,231$34,410$27,6792$28,163$446,215$26,522
2019$232,853$20,953$34,315$23,4402—$13,970$30,620

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.

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.

Data update history

(7)

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Maude Parks Memorial Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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