Nearing 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 $4.6M in total assets. In 2024, it awarded 6 grants totaling $241K. Net investment income was $184K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.6M
-1.4% YoY
Annual Giving
$241K
-4.7% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$40K
-4.7% YoY
About Nearing Charitable Trust
Based on IRS filings
Nearing 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 $4.6M in total assets. In 2024, it awarded 6 grants totaling $241K. Net investment income was $184K.
Focus Areas
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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 | $4,615,256 | $4,682,236 | $4,789,890 |
| Revenue | $214,176 | $179,206 | $146,569 |
| Expenses | $281,487 | $286,381 | $327,322 |
| Qualifying Distributions | $248,507 | $259,858 | $293,326 |
| Net Investment Income | $183,693 | $151,284 | $119,386 |
| Distributable Amount | $270,088 | $248,032 | $260,117 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
30 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 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS BANK | TRUSTEE | 1 | $33,149 |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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