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.
Key facts about Summit-Kelly Foundation Inc
In short: Summit-Kelly Foundation Inc gave $32K across 2 grants in 2025 (avg $16K), mostly in Alabama. Source: 2025 IRS Form 990-PF.
- EIN
- 84-3920024
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $31,700
- Grants made (2025)
- 2
- Average grant
- $15,850
- Median grant
- $15,850
- Total assets
- $272,170
- Primary geography
- Alabama (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
$272K
-7.5% YoY
Annual Giving
$32K
-18.7% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$16K
-59.4% YoY
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.
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.
Ready to take the next step with Summit-Kelly Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
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.
Grant Insights
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%).
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $272,170 | $294,316 | $330,498 |
| Revenue | $9,590 | $4,367 | $118 |
| Expenses | $31,736 | $40,549 | $392,595 |
| Qualifying Distributions | $31,700 | $39,000 | $391,500 |
| Net Investment Income | $9,554 | $4,269 | — |
| Distributable Amount | $14,061 | $15,604 | $18,733 |
Data update history
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
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.
Here's the math on researching Summit-Kelly Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Summit-Kelly Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Alabama
The Community Foundation of Greater Birmingham
Birmingham, AL
The Community Foundation of Greater Birmingham funds programs, projects, and capital improvements across priorities including thriving communities, economic opportunity, poverty reduction, and equity. Its 2024 grants had a median of about $20,600, though awards varied widely; competitive grants support eligible organizations serving Blount, Jefferson, Shelby, and St. Clair counties in Alabama. It accepts competitive requests through periodic application cycles, but the current cycle described is closed.
Assets
$350.7M
Grants
440
Total Given
$43.6M
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Donald M James Family Foundation
Pensacola, FL
The Donald M James Family Foundation supports charitable, educational, cultural, and community organizations, with 2025 grants ranging from $1,000 to $881,000 and a median of $5,000. Most 2025 funding went to organizations in Washington, DC and Alabama, with smaller amounts in California, Virginia, and Florida. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$19.3M
Grants
37
Total Given
$1.8M
Alabama Power Foundation Inc
Birmingham, AL
The Alabama Power Foundation funds Alabama nonprofits, schools, and community initiatives in education, civic and community development, arts and culture, health and human services, and environmental stewardship. In 2024, grants ranged from $100 to $500,000, with a median of $2,500. It provides an online application for grants; unsolicited requests are not specifically addressed.
Assets
$117.9M
Grants
1,240
Total Given
$16.2M
The Daniel Foundation of Alabama
Birmingham, AL
The Daniel Foundation of Alabama funds education and youth development, basic needs, health and human services, arts, and community and rural projects that strengthen Alabama communities. Its 2024 grants had a median of $10,000 and ranged from $200 to $112,500, with most funding going to Alabama organizations and projects.
Assets
$114.5M
Grants
521
Total Given
$7.5M
The Long Lewis Foundation
Muscle Shoals, AL
The Long-Lewis Foundation supports evangelistic causes, local and global mission work, and people facing medical or emotional hardship, with limited scholarships for those pursuing full-time ministry. Its 2024 grants ranged from $27 to $62,450, with a median of $1,000; it primarily funded Alabama organizations and supports communities it serves. It states that it funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$5.5M
Grants
318
Total Given
$845K
Community Foundation of Greater Huntsville
Huntsville, AL
The Community Foundation of Greater Huntsville supports quality-of-life needs including education, basic needs, health, arts, and community development across Jackson, Limestone, Madison, Marshall, and Morgan Counties. In 2024, its grants had a median of $14,700 and ranged from $5,100 to $651,700; some named programs offer awards of $50,000. It provides application options for Foundation grants, but whether it accepts unsolicited requests is not stated.
Assets
$66.3M
Grants
285
Total Given
$11.7M
Protective Life Foundation
Birmingham, AL
Protective Life Foundation funds nonprofits focused on education, food security, shelter, disaster relief, and community quality of life, primarily in metro Birmingham. Its 2024 grants had a median of $5,000, though awards ranged from $48 to $700,000; the Foundation does not restrict giving to preselected organizations, and the profile does not state whether it accepts unsolicited requests.
Assets
$653K
Grants
219
Total Given
$3.8M
Altecstyslinger Foundation
Birmingham, AL
In 2024, the foundation supported education, health, community services, hunger relief, and public policy, with the largest share of funding going to Alabama, followed by North Carolina, Texas, Missouri, and Washington, D.C. It made 197 grants totaling about $8.9 million; grants ranged from $50 to $1.27 million, with a median of $5,000. It does not accept unsolicited requests and gives only to preselected charitable organizations.
Assets
$142.9M
Grants
197
Total Given
$8.9M
J L Bedsole Foundation
Mobile, AL
The J L Bedsole Foundation supports education, health and human services, arts and culture, and economic and community development in Mobile, Baldwin, Clarke, Monroe and Washington Counties in Southwest Alabama. Its 2024 grants ranged from $500 to $500,000, with a median of $6,000; organizations can apply through its online application portal.
Assets
$55.0M
Grants
167
Total Given
$3.3M
Electric Cooperative Foundation Inc
Montgomery, AL
The foundation funds post-secondary scholarships for dependents of members of Alabama electric cooperatives that have contributed to the foundation. In 2025, it awarded 131 scholarships of $500–$6,000, with a median of $1,000, to recipients in Alabama; the profile does not state whether it accepts unsolicited requests.
Assets
$445K
Grants
131
Total Given
$180K
More Funders in Alabama
Summit-Kelly Foundation Inc down — hundreds of funders to go?