Regions Foundation
Regions Foundation is a private foundation based in Birmingham, Alabama. The foundation is affiliated with Regions Financial Corporation and operates as a grantmaking organization supporting nonprofit initiatives across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.3M
+4.1% YoY
Annual Giving
$439K
+298.6% YoY
Grant Count
41
+1266.7% YoY
Avg Grant Size
$11K
-70.8% YoY
Under IRS private-foundation payout rules, Regions Foundation reported a distributable amount of $336K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports organizations involved with health, housing, and human services, with special emphasis directed toward education and arts and culture.
Grantmaking
The foundation made 103 grants in 2023. Recent notable grants include:
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on Tennessee, the District of Columbia, and Massachusetts. Recent activity also includes funding in Arkansas, Indiana, Missouri, and other regions across the United States.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $125,423,567
- Total Revenues: $4,386,530
- Total Expenses: $3,207,641
- Total Giving: $438,500 (based on most recent filing)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,312,080 | $5,102,819 | $5,051,352 |
| Revenue | $697,603 | $204,636 | $177,800 |
| Expenses | $483,970 | $151,489 | $377,483 |
| Qualifying Distributions | $442,300 | $116,954 | $337,295 |
| Net Investment Income | $656,472 | $172,435 | $144,601 |
| Distributable Amount | $336,160 | $298,000 | $313,153 |
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 2024
Grant Size Distribution
81 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Tennessee State University Foundation ($51,000), Boys & Girls Club of the Tennessee Valle ($40,000), Facing History & Ourselves ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LYNN VALLEY BAPTIST CHURCH ELIZABETH, TN | GENERAL OPERATING | $7,500 |
| VALLEY FORGE FREE WILL BAPTIST CHIURCH ELIZABETH, TN | GENERAL OPERATING | $5,000 |
| CHERRY GROVE BAPTITST CHURCH JONESBOROUGH, TN | GENERAL OPERATING | $6,250 |
| FACING HISTORY & OURSELVES BOSTON, MA | GENERAL OPERATING | $35,000 |
| ASPIRE CLARKSVILLE CLARKSVILLE, TN | GENERAL OPERATING | $25,000 |
| NAACP NASHVILLE CHAPTER NASHVILLE, TN | GENERAL OPERATING | $1,000 |
| TENNESSEE STATE UNIVERSITY FOUNDATION NASHVILLE, TN | GENERAL OPERATING | $51,000 |
| YMCA WASHINGTON, DC | GENERAL OPERATING | $25,000 |
| HOPE STATION NASHVILLE, TN | GENERAL OPERATING | $1,000 |
| LIBERTY FREEWILL BAPTIST CHURCH PIKEVILLE, KY | GENERAL OPERATING | $6,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Latrisha S Jemison | CHIEF OPERATING OFFICER | 1 | — |
| Pamela R Welch | SECRETARY | 1 | — |
| Douglas J Jackson | TREASURER | 1 | — |
| F Lee Blank | PRESIDENT | 1 | — |
| James Armistead | DIRECTOR | 1 | — |
| Paul E Bostic Jr | DIRECTOR | 1 | — |
| Juliana Ospina Cano | DIRECTOR | 1 | — |
| Leshane Greenhill | DIRECTOR | 1 | — |
| Floyd Harvey | DIRECTOR | 1 | — |
| Gail Williams | DIRECTOR | 1 | — |
| Shirley Zeitlin | DIRECTOR | 1 | — |
| REGIONS BANK | TRUSTEE | 1 | $14,000 |
Recent News & Activity
Recent developments and announcements
The foundation announced winter storm disaster-recovery grants in February 2026, awarding $100,000 for disaster recovery efforts.
Regions Foundation Announces Winter Storm Disaster-Recovery ...Frequently Asked Questions
What does Regions Foundation fund?
The foundation supports organizations involved with health, housing, and human services, with special emphasis directed toward education and arts and culture.
How do I apply for a grant from Regions Foundation?
The foundation made 103 grants in 2023. Recent notable grants include: • East Lake Initiative: $400,000 (General Support) • Habitat for Humanity - Northeast Mississippi: $150,000 (General Support) • Bessemer Redevelopment Corporation: $150,000 (General Support) Typical award ranges from $1,000 to $51,000. The foundation operates a Matching Gifts Program that matches contributions made by employees and retirees of Regions Financial Corporation to educational institutions and arts and cultural or…
Where does Regions Foundation make grants?
The foundation's grantmaking focuses primarily on Tennessee, the District of Columbia, and Massachusetts. Recent activity also includes funding in Arkansas, Indiana, Missouri, and other regions across the United States.
What size grants does Regions Foundation award?
In 2024, Regions Foundation awarded 41 grants totaling $439K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Regions Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Regions Foundation reported a distributable amount of $336K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Regions Foundation's EIN?
Regions Foundation's EIN (Employer Identification Number) is 58-2071018. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Regions Foundation's focus areas in our free grants database
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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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