Snowden J Bayard Ilit

Private foundation · Grantmaker Orlando, FL EIN: 62-6033921
EducationHealthDiseases and conditionsHuman services

Snowden J Bayard Ilit is a private foundation focused on Education, based in Orlando, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $203K in total assets. In 2025, it awarded 3 grants totaling $9K. Net investment income was $16K.

Key facts about Snowden J Bayard Ilit

In short: Snowden J Bayard Ilit gave $9K across 3 grants in 2025 (avg $3K), mostly in Tennessee. Source: 2025 IRS Form 990-PF.

EIN
62-6033921
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$8,768
Grants made (2025)
3
Average grant
$2,923
Median grant
$200
Total assets
$203,411
Primary geography
Tennessee (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$203K

+1.3% YoY

Annual Giving

$9K

+1.3% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$3K

-32.4% YoY

Under IRS private-foundation payout rules, Snowden J Bayard Ilit reported a distributable amount of $13K for 2025 — the minimum it must pay out in qualifying distributions.

How Snowden J Bayard Ilit gives

  • Giving held roughly steady from 2022 to 2025 (−14%). Method
  • In 2025 it paid out 102% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 3 itemized 2025 grant dollars.

States

Cities

MemphisSewanee

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K1 grants20193 grants20203 grants20213 grants20223 grants20232 grants20243 grants2025

From 2019 to 2025, annual grant giving ranged from $2K (2019) to $10K (2022). In 2025 it made 3 grants totaling $9K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

University of the South: $8KUniversity of the South$8KMary Galloway Home: $200Mary Galloway Home$200Children's Foundation of Memphis: $100Children's Foundation ofMemphis$100

The largest 2025 recipient was University of the South ($8K). Together the top 3 received $9K.

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 14 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of the South Sewanee, TNGeneral Operating$8,468
Mary Galloway Home Memphis, TNGeneral Operating$200
Children's Foundation of Memphis Memphis, TNGeneral Operating$100

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K$40K2019202020212022202320242025
Metric202520242023
Total Assets$203,411$200,710$197,829
Revenue$19,217$17,702$7,664
Expenses$16,492$14,826$14,774
Qualifying Distributions$13,168$12,452$12,079
Net Investment Income$16,254$15,360$4,674
Distributable Amount$12,970$12,368$11,444

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 7, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 17, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 18, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 16, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Snowden J Bayard Ilit's only listed officer is Truist Bank, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Truist Bank

    Trustee

    On filings since 2021

    1 hr/week

    $6K (2021) → $6K (2025)

Former officers (1)
  • Former: Truist Bank FKA Suntrust Bank (2019–2020) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Truist Bank — Trustee: $6KTruist BankTrustee$6K

The highest reported compensation on the 2025 filing was $6K, to Truist Bank (Trustee).

Frequently asked questions about Snowden J Bayard Ilit

How much does Snowden J Bayard Ilit give each year?

Snowden J Bayard Ilit gave $9K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $9K across 2 grants.

What is Snowden J Bayard Ilit's typical grant size?

Snowden J Bayard Ilit's median grant in 2025 was $200, and its average grant was $2,923, across 3 grants on its 2025 IRS Form 990-PF.

Where does Snowden J Bayard Ilit give grants?

Snowden J Bayard Ilit gives mostly in Tennessee: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Memphis, TN (2 grants).

Does Snowden J Bayard Ilit give general operating support?

Yes: 100% of Snowden J Bayard Ilit's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Snowden J Bayard Ilit?

Snowden J Bayard Ilit reported $203K in total assets on its 2025 IRS Form 990-PF. It paid out $13K in qualifying distributions that year, against a required minimum of $13K (roughly 5% of its investment assets).

What is Snowden J Bayard Ilit?

Snowden J Bayard Ilit is a private foundation focused on Education, based in Orlando, FL. It holds $203K in total assets as of 2025.

What is Snowden J Bayard Ilit's EIN?

Snowden J Bayard Ilit's EIN (Employer Identification Number) is 62-6033921. IRS Form 990 filing data is available on this page for 2019–2025.

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

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