Sam Kerlin Family Scholarship Trust is a private foundation focused on Education, based in BIRMINGHAM, AL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $222K in total assets. In 2025, it awarded 3 grants totaling $13K. Net investment income was $22K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$222K
+3.4% YoY
Annual Giving
$13K
-16.7% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$4K
-16.7% YoY
Under IRS private-foundation payout rules, Sam Kerlin Family Scholarship Trust reported a distributable amount of $14K for 2025 — the minimum it must pay out in qualifying distributions.
About Sam Kerlin Family Scholarship Trust
Based on IRS filings
Sam Kerlin Family Scholarship Trust is a private foundation focused on Education, based in BIRMINGHAM, AL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $222K in total assets. In 2025, it awarded 3 grants totaling $13K. Net investment income was $22K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $221,903 | $214,579 | $220,012 |
| Revenue | $26,259 | $16,703 | $9,481 |
| Expenses | $18,906 | $22,148 | $18,768 |
| Qualifying Distributions | $14,503 | $18,005 | $14,301 |
| Net Investment Income | $22,129 | $12,419 | $5,396 |
| Distributable Amount | $14,144 | $82 | $13,348 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Purdue University ($4,167), Huntington University ($4,167), Indiana University ($4,167).
| Recipient | Purpose | Amount |
|---|---|---|
| PURDUE UNIVERSITY WEST LAFAYETTE, IN | SCHOLARSHIPS | $4,167 |
| HUNTINGTON UNIVERSITY HUNTINGTON, IN | SCHOLARSHIPS | $4,167 |
| INDIANA UNIVERSITY BLOOMINGTON, IN | SCHOLARSHIPS | $4,167 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS BANK | TRUSTEE | 1 | $5,010 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sam Kerlin Family Scholarship Trust?
Sam Kerlin Family Scholarship Trust is a private foundation focused on Education, based in BIRMINGHAM, AL. It holds $222K in total assets as of 2025.
How large is Sam Kerlin Family Scholarship Trust?
As of 2025, Sam Kerlin Family Scholarship Trust holds $222K in total assets with $26K in annual revenue. It awarded 3 grants totaling $13K in 2025.
Where does Sam Kerlin Family Scholarship Trust operate?
Sam Kerlin Family Scholarship Trust has awarded grants in Indiana.
What size grants does Sam Kerlin Family Scholarship Trust award?
In 2025, Sam Kerlin Family Scholarship Trust awarded 3 grants totaling $13K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Sam Kerlin Family Scholarship Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Sam Kerlin Family Scholarship Trust reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sam Kerlin Family Scholarship Trust's EIN?
Sam Kerlin Family Scholarship Trust's EIN (Employer Identification Number) is 81-0654051. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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