Nan H Altmayer Charitable Trust

MOBILE, AL EIN: 63-6229763

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

Under IRS private-foundation payout rules, Nan H Altmayer Charitable Trust reported a distributable amount of $669K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

14states
+6 more states

Cities

Albert LeaAuburnBaltimoreBeverly HillsBirminghamBrooklynChickasawCoronaDaphneFairhopeGarrisonGrotonHartfordImmokaleeJackson HeightsLafayetteLong Island CityLouisvilleMobileMontgomery

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M20212022202320242025
Metric202520242023
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

$0$166K$333K$499K$665K39 grants202161 grants202251 grants202360 grants202457 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

DONORS CHOOSEORG$109KANERA$25KDIVING WITH A PURPOSE$24KPENELOPE HOUSE$20KPUBLIC SAFETY CHAPLIN'S …$20KTHE CROSBY FUND FOR HAIT…$20KAUBURN UNIVERSITY COLLEG…$20KDWELL MOBILE$20KMOBILE OPERA$18KNATIONAL DOMESTIC WORKER…$15K

Grant Size Distribution

239 grants across all recorded years

235<$50K2$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Donors Chooseorg ($108,811), Anera ($25,000), Diving With a Purpose ($24,400).

RecipientPurposeAmount
ALABAMA LIGHTHOUSE ASSOCIATION MOBILE, ALGENERAL SUPPORT$1,000
ALABAMA SPECIAL OLYMPICS WASHINGTON, DCGENERAL SUPPORT$3,000
AMBITIOUSLY HIM & HER KING FOUNDATION MOBILE, ALGENERAL FUND$5,000
ANERA WASHINGTON, DCIMMEDIATE CEASEFIRE$25,000
BIG BROTHERS BIG SISTERS OF SOUTH ALABAMA MOBILE, ALGENERAL SUPPORT$10,000
BISHOP STATE COMMUNITY COLLEGE FDN MOBILE, ALFOOD INSECURITY PROGRAM$8,000
BOYS & GIRLS CLUB OF SOUTHWEST ALABAMA MOBILE, ALGENERAL SUPPORT$5,000
CHOATE ROSEMARY HALL WALLINGFORD, CTGENERAL SUPPORT$5,000
CITY OF FAIRHOPE FAIRHOPE, ALTHE HENRY STUART PROJECT$2,201
DISTINGUISHED YOUNG WOMEN OF MOBILE MOBILE, ALGENERAL SUPPORT$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Cullan Duke - Trust Officer

Compensation Overview

From 2025 IRS filing

REGIONS BANKTRUSTEE$82K

From 2025 filing

NameTitleHoursCompensation
REGIONS BANKTRUSTEE3$82,059
JAY P ALTMAYER IIDISTRIBUTION COMMITTEE MEM1
PATRICIA C STORACEDISTRIBUTION COMMITTEE MEM1
KENNETH E NIEMEYERDISTRIBUTION COMMITTEE MEM1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Nan H Altmayer Charitable Trust fund?

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

How do I apply for a grant from Nan H Altmayer Charitable Trust?

**Grant Activity:** • Made 63 grants in the most recent fiscal year • Typical grant awards range from $500 to $113,972 • Total giving: $617,412 (most recent year) **Recent Grants (2025):** • UNRWA USA National Committee: $25,000 (General Support) • Diving With a Purpose and Development Group: $24,400 (General Support) • Penelope House: $20,000 (General Support) The trust made an additional 27 grants totaling $293,900 in the same period.

Where does Nan H Altmayer Charitable Trust make grants?

The foundation primarily funds organizations in: • Alabama • District of Columbia • New York

What size grants does Nan H Altmayer Charitable Trust award?

In 2025, Nan H Altmayer Charitable Trust awarded 57 grants totaling $617K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Nan H Altmayer Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Nan H Altmayer Charitable Trust reported a distributable amount of $669K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Nan H Altmayer Charitable Trust's EIN?

Nan H Altmayer Charitable Trust's EIN (Employer Identification Number) is 63-6229763. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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