Nan H Altmayer Charitable Trust is a private foundation based in Mobile, Alabama, established in 2003. The trust operates as a 501(c)(3) organization with Regions Bank serving as trustee. The foundation focuses on supporting education, human services, and philanthropic initiatives, with a particular emphasis on serving communities in Alabama, the District of Columbia, and New York.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$11.5M
-1.8% YoY
Annual Giving
$617K
+8.3% YoY
Grant Count
57
-5.0% YoY
Avg Grant Size
$11K
+14.0% YoY
Mission & Focus Areas
The trust primarily funds operating expenses and general support for organizations, with specific attention to initiatives in memory of Nan and Jay Altmayer. Notable program areas include educational support for Title 1 schools in Mobile, incorporating video tours and art kits into school programming.
Primary funding focuses on:
- Education
- Human Services
- Philanthropy, Voluntarism & Grantmaking
Grantmaking
The trust made an additional 27 grants totaling $293,900 in the same period.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Alabama
- District of Columbia
- New York
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2025:
- Total Assets: $11,461,245
- Total Revenues: $513,509
- Total Expenses: $723,376
- Staff: 1 employee
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $11,461,245 | $11,672,400 | $11,521,415 |
| Revenue | $513,509 | $822,399 | $326,022 |
| Expenses | $723,376 | $677,453 | $606,691 |
| Qualifying Distributions | $653,462 | $600,741 | $531,889 |
| Net Investment Income | $451,418 | $406,372 | $256,965 |
| Distributable Amount | $669,425 | $629,348 | $597,201 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
239 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Cullan Duke - Trust Officer
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS BANK | TRUSTEE | 3 | $82,059 |
| JAY P ALTMAYER II | DISTRIBUTION COMMITTEE MEM | 1 | — |
| PATRICIA C STORACE | DISTRIBUTION COMMITTEE MEM | 1 | — |
| KENNETH E NIEMEYER | DISTRIBUTION COMMITTEE MEM | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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A Hays Zieman & Christine B Zieman
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Assets
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$40K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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