Merrill I & Grace Hanks Charitable Tr is a private foundation focused on Education, based in MOBILE, AL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.3M in total assets. In 2025, it awarded 2 grants totaling $209K. Net investment income was $197K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.3M
-1.9% YoY
Annual Giving
$209K
+5.3% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$104K
+5.3% YoY
About Merrill I & Grace Hanks Charitable Tr
Based on IRS filings
Merrill I & Grace Hanks Charitable Tr is a private foundation focused on Education, based in MOBILE, AL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.3M in total assets. In 2025, it awarded 2 grants totaling $209K. Net investment income was $197K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,288,629 | $3,350,747 | $3,503,017 |
| Revenue | $215,907 | $114,470 | $266,320 |
| Expenses | $277,962 | $265,122 | $294,343 |
| Qualifying Distributions | $259,335 | $243,469 | $273,827 |
| Net Investment Income | $197,280 | $97,614 | $250,145 |
| Distributable Amount | $293,389 | $253,999 | $242,863 |
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 2025
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS BANK | TRUSTEE | 3 | $65,277 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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