Regions Foundation
Regions Foundation is a private foundation based in Birmingham, Alabama, and is primarily funded by Regions Bank. It supports community investments, including grants addressing economic and community development, education, financial wellness, and disaster recovery.
Regions Foundation at a glance
In short: Regions Foundation gave $4.9M across 67 grants in 2024 (avg $73K), top state Alabama. 75% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $4,904,000
- +110.9% vs 2023
- Grants made (2024)
- 67
- +48.9% vs 2023
- Average grant
- $73,194
- +41.7% vs 2023
- Median grant
- $50,000
- Total assets
- $130,542,410
- +4.1% vs 2023
- New grantees (estimate)
- 75% first-time grantees (50 of 67, 2024)
- Primary geography
- Alabama (42% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Regions Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1900 5Th Avenue North Floor 23, Birmingham, AL 35203
Phone: (205) 420-7753
Website: https://regions.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Regions Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was American Red Cross ($250K). Together the top 10 received $2.0M.
Grant Size Distribution
319 grants across all recorded years
The most common grant size was under $50K: 171 grants of 319 (54%).
Geographic Focus
Where this funder awards grants
In 2024, the largest shares of grant dollars went to recipients in Alabama (42%), Louisiana (14%), Washington, DC (7%), Tennessee (7%), and Florida (5%).
Grant Distribution by State
Share of 2024 grant dollars across all 67 itemized grants.
States
Cities
Is Regions Foundation open to new grantees?
75%
first-time grantees, 2024
In 2024, 50 of 67 grantees (75%) were first-time recipients. First grants averaged $70K; repeat grants $82K. How we count
Medians: $50K first-time, $50K repeat.
- 16% of 2024 grantees were also funded in 2023. Method
- Giving fell 25% from 2021 to 2024. Method
- In 2024 it paid out 110% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.7M (2022) to $7.2M (2020). In 2024 it made 67 grants totaling $4.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Red Cross Washington, DC | Econ & Community Dev | $250,000 |
| Gulf Coast Housing Partnership New Orleans, LA | Econ & Community Dev | $250,000 |
| Hica Birmingham, AL | Econ & Community Dev | $250,000 |
| University of South Alabama Mobile, AL | Education & WR | $250,000 |
| Propeller New Orleans, LA | Econ & Community Dev | $200,000 |
| Trufund New York, NY | Econ & Community Dev | $200,000 |
| Woodlawn United Birmingham, AL | Econ & Community Dev | $200,000 |
| Huntsville Hospital Foundation Hunstville, AL | Education & WR | $150,000 |
| Strive Birmingham Birmingham, AL | Education & WR | $150,000 |
| The Kelsey Birmingham, AL | Econ & Community Dev | $150,000 |
Ready to take the next step with Regions Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $130,542,410 | $9,515,737 | $5,539,794 | $4,904,000 | 67 | $5,873,967 | $9,393,426 | $5,325,305 |
| 2023 | $125,423,567 | $4,386,530 | $3,207,641 | $2,325,000 | 45 | $2,416,321 | $4,295,210 | $5,291,681 |
| 2022 | $113,370,329 | $1,228,320 | $2,477,472 | $1,706,300 | 49 | $1,806,184 | $2,251,481 | $5,332,454 |
| 2021 | $110,509,488 | $11,829,710 | $7,189,184 | $6,509,255 | 77 | $6,662,486 | $8,356,157 | $6,668,968 |
| 2020 | $105,173,962 | $13,224,896 | $7,595,257 | $7,157,976 | 81 | — | $2,859,185 | $5,212,532 |
Under IRS private-foundation payout rules, Regions Foundation reported a distributable amount of $5.3M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s public statements describe support for long-term issues including economic and community development, education, and financial wellness. Its 2024 grants also included purposes classified as economic and community development or education and workforce readiness.
Grantees’ missions illustrate the kinds of organizations it supports. Gulf Coast Housing Partnership describes its work as revitalizing the Gulf Coast through transformative development and creating affordable, sustainable communities. Woodlawn United describes its role as helping transform and revitalize Birmingham’s Woodlawn community. Innovation Portal says it supports startup growth and local economic development in the Gulf Coast region, while The Idea Village describes its work as growing the region’s startup community.
Grantmaking
In 2024, the foundation reported 67 grants totaling $4,904,000. Grants ranged from $10,000 to $250,000, with a median of $50,000. In 2023, it reported 45 grants totaling $2,325,000. Its 2024 filing, the latest on this page, reports 67 grants totaling $4.9 million.
Among the largest 2024 grants were $250,000 each to American Red Cross, Gulf Coast Housing Partnership, HICA, and the University of South Alabama; $200,000 each to Propeller, TruFund, and Woodlawn United; and $150,000 each to Huntsville Hospital Foundation, STRIVE Birmingham, and The Kelsey. The filing lists economic and community development as the purpose for several of these awards, and education and workforce readiness for others.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Marta Self as executive director and vice president, and Leroy Abrahams as president. Other listed officers and directors are Sharon Kachelhofer, assistant secretary; Chelsea Stovall, assistant treasurer; Amanda Saint, treasurer; and members Dwight Julbert, Andrew Nix, Dana Nolan, Tony Stiffler, and Grace Jackson.
Regions Foundation is led by Leroy Abrahams, President on every filing since 2020; none of the 15 officers listed in 2024 report compensation.
Officers on the 2024 filing
Leroy Abrahams
President
On filings since 2020
1 hr/week
No compensation reported
Marta Self
Executive Director & Vice President
Executive Director → Executive Director & Vice President, 2022
On filings since 2020
1 hr/week
No compensation reported
Amanda Saint
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Dana Nolan
Member
Board Member → Member, 2022
On filings since 2020
1 hr/week
No compensation reported
Dwight Julbert
Member
Board Member → Member, 2022
On filings since 2020
1 hr/week
No compensation reported
Sharon Kachelhofer
Assistant Secretary
On filings since 2020
1 hr/week
No compensation reported
Andrew Nix
Member
Member → Secretary, 2023
Secretary → Member, 2024
On filings since 2021
1 hr/week
No compensation reported
Tony Stiffler
Member
Board Member → Member, 2022
On filings since 2021
1 hr/week
No compensation reported
Chelsea Stovall
Assistant Treasurer
On filings since 2022
1 hr/week
No compensation reported
Grace Jackson
Member
On filings since 2023
1 hr/week
No compensation reported
Tom Speir
Member
On filings since 2023
1 hr/week
No compensation reported
Jason Epstein
Member
New on the 2024 filing
1 hr/week
No compensation reported
Jessica Everest
Secretary
New on the 2024 filing
1 hr/week
No compensation reported
Keith File
Member
New on the 2024 filing
1 hr/week
No compensation reported
Regan Liggins
Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (10)
- Former: Michelle Walters (2020–2023) — Member
- Former: Tabitha Leech (2020–2023) — Member
- Former: Tyrus Sanders (2020–2023) — Member
- Former: Ann W. Forney (2020–2022) — Vice President
- Former: Christy Strong (2022) — Secretary
- Former: Doug Jackson (2022) — Member
- Former: Christine R. Strong (2020–2021) — Secretary
- Former: Douglas J. Jackson (2020–2021) — Board Member
- Former: Hope Mehlman (2020) — Board Member
- Former: Mike Hart (2020) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Regions Foundation
How much does Regions Foundation give each year?
Regions Foundation gave $4.9M across 67 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.3M across 45 grants.
What is Regions Foundation's typical grant size?
Regions Foundation's median grant in 2024 was $50,000, and its average grant was $73,194, across 67 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Regions Foundation that year got $70K on average.
Where does Regions Foundation give grants?
Regions Foundation's top state is Alabama, with 42% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Louisiana (14%) and District of Columbia (7%). The most frequent recipient cities were Birmingham, AL (11 grants), New Orleans, LA (3 grants), Nashville, TN (3 grants) and Montgomery, AL (3 grants).
Does Regions Foundation give general operating support?
Not in 2024: none of the 67 grants with a stated purpose on Regions Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education & WR" (39 grants) and "Econ & Community Dev" (26 grants).
Who are Regions Foundation's largest grantees?
Regions Foundation's largest 2024 grantees include American Red Cross ($250,000), Gulf Coast Housing Partnership ($250,000) and Hica ($250,000), according to its 2024 IRS Form 990-PF. Together they received 15% of its itemized 2024 grant dollars.
How large is Regions Foundation?
Regions Foundation reported $130.5M in total assets on its 2024 IRS Form 990-PF. It paid out $5.9M in qualifying distributions that year, against a required minimum of $5.3M (roughly 5% of its investment assets).
What does Regions Foundation fund?
The foundation’s public statements describe support for long-term issues including economic and community development, education, and financial wellness. Its 2024 grants also included purposes classified as economic and community development or education and workforce readiness. See mission & focus areas ↑
How do I apply for a grant from Regions Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Regions Foundation's EIN?
Regions Foundation's EIN (Employer Identification Number) is 63-1144265. IRS Form 990 filing data is available on this page for 2020–2024.
Does Regions Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Regions Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Regions Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/regions-foundation-morg_185f37eefa0c459294b61c394484d185
BibTeX
@misc{grantable_631144265_2026,
author = {{Grantable}},
title = {{Regions Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/regions-foundation-morg_185f37eefa0c459294b61c394484d185},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Regions Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Regions Foundation down — hundreds of funders to go?