Shoal Creek Foundation Inc

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 2024. As of 2024, the organization holds $46K in total assets. In 2024, it awarded 4 grants totaling $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$46K

+62.0% YoY

Annual Giving

$6K

+100.0% YoY

Grant Count

4

+100.0% YoY

Avg Grant Size

$2K

+0.0% YoY

Under IRS private-foundation payout rules, Shoal Creek Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About Shoal Creek Foundation Inc

Based on IRS filings

Shoal Creek Foundation Inc is a private foundation, based in SHOAL CREEK, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $46K in total assets. In 2024, it awarded 4 grants totaling $6K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BirminghamCaleraHooverPleasant GroveTuskegee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7K$14K$21K$28K20202021202220232024
Metric202420232022
Total Assets$46,297$28,582$33,797
Revenue$25,048$23$20
Expenses$8,333$5,238$7,258
Qualifying Distributions$7,166$4,118$6,128
Net Investment Income
Distributable Amount$2,015$1,544$1,854

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K4 grants20204 grants20213 grants20222 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

KYLA GRACE TUSKEGEE UNIV…$2KMAKYLA MOORE UAB$2KALYSSA MOORE LANE COLLEGE$1KAMAYA MOORE ALABAMA STAT…$1K

Grant Size Distribution

17 grants across all recorded years

17<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Kyla Grace Tuskegee University ($2,000), Makyla Moore Uab ($2,000), Alyssa Moore Lane College ($1,000).

RecipientPurposeAmount
ALYSSA MOORE LANE COLLEGE PLEASANT GROVE, ALSCHOLARSHIP$1,000
AMAYA MOORE ALABAMA STATE UNIVERSIT PLEASANT GROVE, ALSCHOLARSHIP$1,000
KYLA GRACE TUSKEGEE UNIVERSITY TUSKEGEE, ALSCHOLARSHIP$2,000
MAKYLA MOORE UAB BIRMINGHAM, ALSCHOLARSHIP$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL D THOMPSONPRESIDENT1
ANNIE T SOMERVILLESECRETARY/TREASURER1
MONICA MCBRIDEVICE PRESIDENT1

Frequently Asked Questions

How large is Shoal Creek Foundation Inc?

As of 2024, Shoal Creek Foundation Inc holds $46K in total assets with $25K in annual revenue. It awarded 4 grants totaling $6K in 2024.

Where does Shoal Creek Foundation Inc operate?

Shoal Creek Foundation Inc has awarded grants in Alabama.

What size grants does Shoal Creek Foundation Inc award?

In 2024, Shoal Creek Foundation Inc awarded 4 grants totaling $6K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Shoal Creek Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Shoal Creek Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

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

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