Park Educational Trust Regions Bank Trust Department

Private foundation · Grantmaker Birmingham, AL EIN: 42-6370327

Park Educational Trust Regions Bank Trust Department is a private foundation, based in Birmingham, AL. IRS filing data is available from 2019 through 2024. In 2024, it awarded 1 grant totaling $378K. Net investment income was $1K.

Key facts about Park Educational Trust Regions Bank Trust Department

In short: Park Educational Trust Regions Bank Trust Department gave $378K across 1 grant in 2024 (avg $378K), mostly in Iowa. Source: 2024 IRS Form 990-PF.

EIN
42-6370327
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$377,888
Grants made (2024)
1
Average grant
$377,888
Median grant
$377,888
Primary geography
Iowa (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$378K

+2504.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$378K

+2504.7% YoY

Under IRS private-foundation payout rules, Park Educational Trust Regions Bank Trust Department reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

How Park Educational Trust Regions Bank Trust Department gives

  • Giving grew 2561% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

WaterlooCedar Falls

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K2 grants2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2019 to 2024, annual grant giving ranged from $14K (2022) to $378K (2024). In 2024 it made 1 grant totaling $378K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Waterloo Community Foundation: $378KWaterloo Community Foundation$378K

The largest 2024 recipient was Waterloo Community Foundation ($378K).

Grant Size Distribution

5 grants across all recorded years

4<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Waterloo Community Foundation Waterloo, IACharitable$377,888

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$376,917$380,932
Revenue$8,521$17,635$3,924
Expenses$385,438$21,650$22,818
Qualifying Distributions$377,888$18,783$18,660
Net Investment Income$1,177$14,785$1,209
Distributable Amount$13,907$18,700$19,391

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS February 26, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 6, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS July 20, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  7. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Park Educational Trust Regions Bank Trust Department's only listed officer is Regions Bank Trust Department, Trustee on every filing since 2019 (compensated).

Officers on the 2024 filing

  • Regions Bank Trust Department

    Trustee

    On filings since 2019

    $6K (2019) → $2K (2024)

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Regions Bank Trust Department — Trustee: $2KRegions Bank Trust…Trustee$2K

The highest reported compensation on the 2024 filing was $2K, to Regions Bank Trust Department (Trustee).

Frequently asked questions about Park Educational Trust Regions Bank Trust Department

How much does Park Educational Trust Regions Bank Trust Department give each year?

Park Educational Trust Regions Bank Trust Department gave $378K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $15K across 1 grant.

Where does Park Educational Trust Regions Bank Trust Department operate?

Park Educational Trust Regions Bank Trust Department has awarded grants in Iowa.

How much is Park Educational Trust Regions Bank Trust Department required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Park Educational Trust Regions Bank Trust Department reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Park Educational Trust Regions Bank Trust Department's EIN?

Park Educational Trust Regions Bank Trust Department's EIN (Employer Identification Number) is 42-6370327. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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