Shoal Creek Foundation Inc

Private foundation · Grantmaker Shoal Creek, AL EIN: 63-0782190

Shoal Creek Foundation Inc is a private foundation, based in Shoal Creek, AL. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $31K in total assets. In 2026, it made $15K in qualifying distributions.

Key facts about Shoal Creek Foundation Inc

EIN
63-0782190
Latest 990 filing
Form 990-PF, 2026
Total assets
$30,668

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

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$31K

-36.5% YoY

Revenue

$16

-55.6% YoY

Qualifying Distributions

$15K

+60612.5% YoY

Expenses

$18K

+35883.7% YoY

Under IRS private-foundation payout rules, Shoal Creek Foundation Inc reported a distributable amount of $2K for 2026 — the minimum it must pay out in qualifying distributions.

How Shoal Creek Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (−14%). Method
  • In 2026 it paid out 650% of its IRS minimum distribution (the 5% rule). Method

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

Your AI grants department

Ready to take the next step with Shoal Creek Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Pleasant GroveTuskegeeBirminghamCaleraHoover

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K4 grants2020 4 grants2021 3 grants2022 2 grants2023 4 grants2024 0 grants2025 0 grants2026

From 2020 to 2024, annual grant giving ranged from $3K (2023) to $8K (2020). In 2024 it made 4 grants totaling $6K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2026.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K2020 2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$30,668$48,284$46,297
Revenue$16$36$25,048
Expenses$17,632$49$8,333
Qualifying Distributions$14,571$24$7,166
Net Investment Income—$11—
Distributable Amount$2,240$2,377$2,015

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS August 7, 2026)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 7, 2020)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 10, 2021)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 10, 2022)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 14, 2023)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS June 27, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 12, 2026)
  8. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Shoal Creek Foundation Inc is led by Michael D. Thompson, President on every filing since 2020; none of the 6 officers listed in 2026 report compensation.

Officers on the 2026 filing

  • Michael D. Thompson

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Matthew Dent

    President

    New on the 2026 filing

    1 hr/week

    No compensation reported

  • Annie T. Somerville

    Secretary & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Monica McBride

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Brad Bailey

    Vice President

    New on the 2026 filing

    1 hr/week

    No compensation reported

  • Ladd Mark

    Secretary & Treasurer

    New on the 2026 filing

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2026. "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 Shoal Creek Foundation Inc

How large is Shoal Creek Foundation Inc?

Shoal Creek Foundation Inc reported $31K in total assets on its 2026 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

Where does Shoal Creek Foundation Inc operate?

Shoal Creek Foundation Inc has awarded grants in Alabama.

What is Shoal Creek Foundation Inc's EIN?

Shoal Creek Foundation Inc's EIN (Employer Identification Number) is 63-0782190. IRS Form 990 filing data is available on this page for 2020–2026.

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

Your AI grants department

Here's the math on researching Shoal Creek Foundation Inc by hand.

Explore Open Grants

Browse active grant opportunities in Shoal Creek Foundation Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common

Delaware State University

Dover, DE

Delaware State University’s reported grants support education, with recipients including universities and other higher-education institutions; it also provides scholarships to its own students. In 2025, grants ranged from $7,350 to $479,778, with a median of $33,649, and most funding went to Delaware recipients. The profile does not state whether it accepts unsolicited requests.

Education

Assets

$529.6M

Grants

11

Total Given

$1.3M

Trustee Uw William F Cooper FBO

Saint Louis, MO

The foundation funds college scholarships for dependent children of Consolidated Sys employees, considering academic achievement and financial need; 2025 grants ranged from $1,750 to $4,000, with a median of $3,000. Recent awards went mainly to colleges in Georgia, South Carolina, Maryland, North Carolina, and Colorado. It accepts applications from eligible students through an online form or a packet requested by mail.

Assets

$1.3M

Grants

26

Total Given

$75K

Roy Lee Farish & Wilda W Farish

Camden, AL

The foundation funds college scholarships for Wilcox County, Alabama, residents with at least a B average and grants to educational institutions, primarily in Alabama. In 2025, it made 13 grants totaling $31,000, ranging from $1,000 to $10,000; its filing says giving is not restricted to preselected organizations. For scholarships, applicants must submit the Farish Scholarship Application; the filing does not state whether it accepts unsolicited grant requests.

Assets

$446K

Grants

13

Total Given

$31K

The Daniel Foundation of Alabama

Birmingham, AL

The Daniel Foundation of Alabama funds Alabama organizations working in education, basic needs, health, mental health, arts, youth mentoring, veterans, and community projects, with some grants limited to designated counties. Its 2024 grants had a median of $10,000, and operating grants are capped at $25,000. Applicants begin by submitting a letter of intent; whether unsolicited requests are accepted is not stated.

Assets

$114.5M

Grants

521

Total Given

$7.5M

Breast Cancer Research Foundation of Ala

Birmingham, AL

To help find a cure for breast cancer by funding promising breast cancer research in Alabama and to raise community awareness and funding for that research.

Assets

$287K

Grants

7

Total Given

$1.1M

Folds of Honor Foundation

Owasso, OK

Folds of Honor funds education scholarships for spouses and children of U.S. military service members and first responders killed or disabled in service, with awards available for K–12 and higher education in the United States and its territories. Awards are up to $5,000 per academic year, based on unmet need, and are paid directly to the school. It accepts scholarship applications through an online portal during its annual application window; it does not make grants to outside applicants.

Education

Assets

$122.3M

Grants

1,551

Total Given

$37.6M

Tulsa Community Foundation

Tulsa, OK

Tulsa Community Foundation supports a broad range of charitable needs, including arts and humanities, healthcare, education, scholarships, emergency assistance, and endowments. Its 2024 grants had a median of $18,560 and primarily benefited the Tulsa area and eastern Oklahoma, with grants also reaching elsewhere in the U.S.; it administers application cycles for selected funds.

Assets

$1.1B

Grants

1,066

Total Given

$158.6M

Zelia Stephens Evans Educational Trust

Montgomery, AL

Assets

$286K

Grants

5

Total Given

$16K

Student Freedom Initiative Inc

Washington, DC

Student Freedom Initiative funds programs that reduce financial barriers and support students at HBCUs and other Minority Serving Institutions, including emergency aid, broadband access, and campus initiatives. Its 2025 grants ranged from $9,849 to $100,000, with a median of $10,000, and went to institutions in multiple states, Washington, DC, and the U.S. Virgin Islands; the profile does not state whether it accepts unsolicited requests.

Education

Assets

$141.1M

Grants

17

Total Given

$395K

The Charter Foundation Inc

Orlando, FL

The Charter Foundation supports community and economic development, human and social needs, environmental protection and conservation, and cultural and artistic projects in Troup County, Georgia, and Chambers County, Alabama. Its 2025 grants ranged from $600 to $70,000, with a median of $5,400. It accepts applications through spring and fall cycles; its website lists April 1 and October 1 deadlines.

Assets

$8.1M

Grants

34

Total Given

$404K

Tom Joyner Foundation Inc

Dallas, TX

The Tom Joyner Foundation supports scholarships and educational programs at historically Black colleges and universities (HBCUs), with grants paid to colleges for student scholarships. In 2024, its grants ranged from $5,048 to $56,952, with a median of $20,000; funding went to HBCUs across the United States, with the largest shares in North Carolina and Washington, D.C. The profile does not state whether it accepts unsolicited requests.

Assets

$6.1M

Grants

17

Total Given

$377K

The Simpson Foundation

Kansas City, MO

The Simpson Foundation primarily funds educational scholarships, with separate support for Simpson Middle School staff, programs, technology, and facility improvements. In 2025, it awarded 23 grants totaling $274,400, ranging from $1,800 to $52,600 (median $7,200), with most funding going to Alabama; scholarship applicants must be Wilcox County residents. Scholarship applications are accepted from about mid-January through March 1, and the school-grant process is for eligible school faculty and staff.

Assets

$2.6M

Grants

23

Total Given

$274K

More Funders in Alabama

Shoal Creek Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?