Ml Horton Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 2 grants totaling $23K. Net investment income was $92K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+265.0% YoY
Annual Giving
$23K
-10.6% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$12K
-10.6% YoY
Under IRS private-foundation payout rules, Ml Horton Charitable Trust reported a distributable amount of $108K for 2024 — the minimum it must pay out in qualifying distributions.
About Ml Horton Charitable Trust
Based on IRS filings
Ml Horton Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 2 grants totaling $23K. Net investment income was $92K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,033,846 | $557,183 | $590,909 |
| Revenue | $1,619,427 | $4,916 | $11,473 |
| Expenses | $53,695 | $37,985 | $40,515 |
| Qualifying Distributions | $31,277 | $31,971 | $33,706 |
| Net Investment Income | $91,747 | $13,302 | $8,505 |
| Distributable Amount | $108,136 | $29,205 | $32,418 |
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 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The University of Alabama Board of ($11,683), Eagles' Wings Inc ($11,683).
| Recipient | Purpose | Amount |
|---|---|---|
| THE UNIVERSITY OF ALABAMA BOARD OF TUSCALOOSA, AL | GENERAL OPERATING | $11,683 |
| EAGLES' WINGS INC COKER, AL | GENERAL OPERATING | $11,683 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS BANK | TRUSTEE | 1 | $27,306 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ml Horton Charitable Trust?
Ml Horton Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. It holds $2.0M in total assets as of 2024.
How large is Ml Horton Charitable Trust?
As of 2024, Ml Horton Charitable Trust holds $2.0M in total assets with $1.6M in annual revenue. It awarded 2 grants totaling $23K in 2024.
Where does Ml Horton Charitable Trust operate?
Ml Horton Charitable Trust has awarded grants in Alabama.
What size grants does Ml Horton Charitable Trust award?
In 2024, Ml Horton Charitable Trust awarded 2 grants totaling $23K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Ml Horton Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ml Horton Charitable Trust reported a distributable amount of $108K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ml Horton Charitable Trust's EIN?
Ml Horton Charitable Trust's EIN (Employer Identification Number) is 61-6606062. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ml Horton Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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