Summit-Kelly Foundation Inc
Summit-Kelly Foundation Inc is a private foundation focused on Education, based in Birmingham, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $272K in total assets. In 2025, it awarded 2 grants totaling $32K. Net investment income was $10K.
Summit-Kelly Foundation Inc at a glance
In short: Summit-Kelly Foundation Inc gave $32K across 2 grants in 2025 (avg $16K), mostly in Alabama. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $31,700
- -18.7% vs 2024
- Grants made (2025)
- 2
- +100.0% vs 2024
- Average grant
- $15,850
- -59.4% vs 2024
- Median grant
- $15,850
- Total assets
- $272,170
- -7.5% vs 2024
- Primary geography
- Alabama (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Summit-Kelly Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Crimson Tide Foundation ($27K). Together the top 2 received $32K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 5 grants of 8 (63%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Summit-Kelly Foundation Inc gives
- Giving fell 76% from 2022 to 2025. Method
- In 2025 it paid out 225% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $32K (2025) to $392K (2023). In 2025 it made 2 grants totaling $32K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Crimson Tide Foundation Tuscaloosa, AL | To Aid in Exempt Purpose of the Organization | $27,000 |
| Birmingham Urban League Birmingham, AL | To Aid in Exempt Purpose of the Organization | $4,700 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $272,170 | $9,590 | $31,736 | $31,700 | 2 | $31,700 | $9,554 | $14,061 |
| 2024 | $294,316 | $4,367 | $40,549 | $39,000 | 1 | $39,000 | $4,269 | $15,604 |
| 2023 | $330,498 | $118 | $392,595 | $391,500 | 2 | $391,500 | — | $18,733 |
| 2022 | $722,975 | $246 | $134,033 | $134,000 | 1 | $134,000 | $213 | $40,122 |
| 2021 | $856,762 | $271 | $84,098 | $84,000 | 2 | $84,000 | $173 | $43,236 |
| 2020 | $940,589 | $7,260 | $66,671 | $66,440 | 4 | — | $7,029 | $48,670 |
Under IRS private-foundation payout rules, Summit-Kelly Foundation Inc reported a distributable amount of $14K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Summit-Kelly Foundation Inc is led by Katherine Marie Parmer, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Katherine Marie Parmer
President
On filings since 2020
1 hr/week
No compensation reported
Carl Parmer
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Russell L. Irby III
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Summit-Kelly Foundation Inc
How much does Summit-Kelly Foundation Inc give each year?
Summit-Kelly Foundation Inc gave $32K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $39K across 1 grant.
How large is Summit-Kelly Foundation Inc?
Summit-Kelly Foundation Inc reported $272K in total assets on its 2025 IRS Form 990-PF. It paid out $32K in qualifying distributions that year, against a required minimum of $14K (roughly 5% of its investment assets).
What is Summit-Kelly Foundation Inc?
Summit-Kelly Foundation Inc is a private foundation focused on Education, based in Birmingham, AL. It holds $272K in total assets as of 2025.
Where does Summit-Kelly Foundation Inc operate?
Summit-Kelly Foundation Inc has awarded grants in Alabama, New York.
What is Summit-Kelly Foundation Inc's EIN?
Summit-Kelly Foundation Inc's EIN (Employer Identification Number) is 84-3920024. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 19, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Summit-Kelly Foundation Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Summit-Kelly Foundation Inc's focus areas in our free grants database
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Summit-Kelly Foundation Inc down — hundreds of funders to go?