Mg & Lg Romine Foundation Inc
Mg & Lg Romine Foundation Inc is a private foundation, based in HUNTSVILLE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14K in total assets. In 2024, it awarded 1 grants totaling $30K. Net investment income was $44.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14K
+56.9% YoY
Annual Giving
$30K
-56.2% YoY
Grant Count
1
-75.0% YoY
Avg Grant Size
$30K
+75.2% YoY
Under IRS private-foundation payout rules, Mg & Lg Romine Foundation Inc reported a distributable amount of $701 for 2024 — the minimum it must pay out in qualifying distributions.
About Mg & Lg Romine Foundation Inc
Based on IRS filings
Mg & Lg Romine Foundation Inc is a private foundation, based in HUNTSVILLE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14K in total assets. In 2024, it awarded 1 grants totaling $30K. Net investment income was $44.
Ready to take the next step with Mg & Lg Romine Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,877 | $8,843 | $27,286 |
| Revenue | $35,644 | $50,610 | $70,540 |
| Expenses | $30,610 | $69,053 | $63,835 |
| Qualifying Distributions | $30,000 | $68,500 | $63,300 |
| Net Investment Income | $44 | $60 | $15 |
| Distributable Amount | $701 | $754 | $1,170 |
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
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Florida College ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FLORIDA COLLEGE TEMPLE TERRACE, FL | GENERAL SUPPORT | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J BRENT ROMINE | PRESIDENT | — | — |
| REBECCA A ROMINE | DIRECTOR | — | — |
| JONATHAN B ROMINE | DIRECTOR | — | — |
Frequently Asked Questions
How large is Mg & Lg Romine Foundation Inc?
As of 2024, Mg & Lg Romine Foundation Inc holds $14K in total assets with $36K in annual revenue. It awarded 1 grants totaling $30K in 2024.
Where does Mg & Lg Romine Foundation Inc operate?
Mg & Lg Romine Foundation Inc has awarded grants in Alabama, Florida, Texas.
What size grants does Mg & Lg Romine Foundation Inc award?
In 2024, Mg & Lg Romine Foundation Inc awarded 1 grants totaling $30K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is Mg & Lg Romine Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mg & Lg Romine Foundation Inc reported a distributable amount of $701 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mg & Lg Romine Foundation Inc's EIN?
Mg & Lg Romine Foundation Inc's EIN (Employer Identification Number) is 63-0942923. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mg & Lg Romine Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Foundation of Marshall Medical
GUNTERSVILLE, AL
Assets
$2.7M
Grants
1
Total Given
$225K
Gamma Theta Educational Foundation Inc
TUSCALOOSA, AL
Assets
—
Grants
0
Total Given
—
The Starfish Project
HOOVER, AL
Assets
$2K
Grants
0
Total Given
—
Michael Nix Arts Scholarship a Non Profit Corp
LEXINGTON, AL
Assets
$461
Grants
0
Total Given
—
Raquib Family Waqf Foundation
BIRMINGHAM, AL
Assets
$759K
Grants
1
Total Given
$86K
A Hays Zieman & Christine B Zieman
MOBILE, AL
Assets
$1.0M
Grants
10
Total Given
$40K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Mg & Lg Romine Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Mg & Lg Romine Foundation Inc to a real strategy.