Roy a Bolen Scholarship Trust

BIRMINGHAM, AL EIN: 63-6126025

Roy a Bolen Scholarship Trust is a private foundation focused on Academics, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $205K in total assets. In 2024, it awarded 1 grants totaling $8K. Net investment income was $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$205K

-0.8% YoY

Annual Giving

$8K

-11.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$8K

-11.1% YoY

Under IRS private-foundation payout rules, Roy a Bolen Scholarship Trust reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

About Roy a Bolen Scholarship Trust

Based on IRS filings

Focus Areas

Academics Students Education

Ready to take the next step with Roy a Bolen Scholarship Trust?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $49K (100%)

States

Alabama

Cities

Auburn

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$204,651	$206,337	$209,937
Revenue	$12,505	$11,301	$6,770
Expenses	$14,237	$14,929	$16,823
Qualifying Distributions	$10,271	$11,279	$13,040
Net Investment Income	$8,700	$7,520	$3,324
Distributable Amount	$11,005	$10,238	$11,237

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Auburn University ($8,343).

Recipient	Purpose	Amount
AUBURN UNIVERSITY AUBURN, AL	SCHOLARSHIPS	$8,343

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	$4,638

Subject Areas

Focus areas based on grantmaking activity

Academics Students Education

Frequently Asked Questions

What is Roy a Bolen Scholarship Trust?

Roy a Bolen Scholarship Trust is a private foundation focused on Academics, based in BIRMINGHAM, AL. It holds $205K in total assets as of 2024.

How large is Roy a Bolen Scholarship Trust?

As of 2024, Roy a Bolen Scholarship Trust holds $205K in total assets with $13K in annual revenue. It awarded 1 grants totaling $8K in 2024.

Where does Roy a Bolen Scholarship Trust operate?

Roy a Bolen Scholarship Trust has awarded grants in Alabama.

What size grants does Roy a Bolen Scholarship Trust award?

In 2024, Roy a Bolen Scholarship Trust awarded 1 grants totaling $8K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Roy a Bolen Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Roy a Bolen Scholarship Trust reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.