Tav Foundation
Tav Foundation is a private foundation, based in FAIRHOPE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 27 grants totaling $52K. Net investment income was $87K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+1.8% YoY
Annual Giving
$52K
-10.3% YoY
Grant Count
27
-6.9% YoY
Avg Grant Size
$2K
-3.7% YoY
Under IRS private-foundation payout rules, Tav Foundation reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.
About Tav Foundation
Based on IRS filings
Tav Foundation is a private foundation, based in FAIRHOPE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 27 grants totaling $52K. Net investment income was $87K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,273,831 | $1,251,592 | $1,342,008 |
| Revenue | $96,394 | $-10,703 | $46,646 |
| Expenses | $73,307 | $77,541 | $91,566 |
| Qualifying Distributions | $63,638 | $68,778 | $78,665 |
| Net Investment Income | $86,725 | $34,280 | $33,745 |
| Distributable Amount | $68,382 | $66,756 | $71,257 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
149 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Abigail Burgess University of Pittsburgh ($2,000), Anastasia Newton University of Tennessee Southern ($2,000), Anna Lucia Jackson Auburn University ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABIGAIL BURGESS UNIVERSITY OF PITTSBURGH PITTSBURGH, PA | COLLEGE TUITION SCHOLARSHIP | $2,000 |
| ANASTASIA NEWTON UNIVERSITY OF TENNESSEE SOUTHERN PULASKI, TN | COLLEGE TUITION SCHOLARSHIP | $2,000 |
| ANNA LUCIA JACKSON AUBURN UNIVERSITY AUBURN, AL | COLLEGE TUITION SCHOLARSHIP | $2,000 |
| ANDREW DONALD UNIVERSITY OF SOUTH ALABAMA MOBILE, AL | COLLEGE TUITION SCHOLARSHIP | $2,000 |
| ANYA HEISS UNIVERSITY OF SOUTH ALABAMA MOBILE, AL | COLLEGE TUITION SCHOLARSHIP | $2,000 |
| ARIANNA JONES UNIVERSITY OF ALABAMA TUSCALOOSA, AL | COLLEGE TUITION SCHOLARSHIP | $2,000 |
| BAYLEE LUECK-WEST UNIVERSITY OF ALABAMA AT BIRMINGHAM BIRMINGHAM, AL | COLLEGE TUITION SCHOLARSHIP | $2,000 |
| BLAKELEY NORRIS UNIVERSITY OF MOBILE MOBILE, AL | COLLEGE TUITION SCHOLARSHIP | $2,000 |
| BRAILYN GILLIS UNIVERSITY OF ALABAMA TUSCALOOSA, AL | COLLEGE TUITION SCHOLARSHIP | $2,000 |
| BRIAN BRUNICK AUBURN UNIVERSITY AUBURN, AL | COLLEGE TUITION SCHOLARSHIP | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERRY KNIGHT | VICE PRESIDENT & DIRECTOR | — | — |
| J KENNETH HANAK | TREASURER & DIRECTOR | — | — |
| HARRIET OUTLAW | SECRETARY & DIRECTOR | 8 | $10,000 |
| BRENDA HASKEW | PRESIDENT & DIRECTOR | — | — |
| AGNES SMITH | BOARD MEMBER | — | — |
Frequently Asked Questions
How large is Tav Foundation?
As of 2024, Tav Foundation holds $1.3M in total assets with $96K in annual revenue. It awarded 27 grants totaling $52K in 2024.
Where does Tav Foundation operate?
Tav Foundation has awarded grants in Alabama, California, Colorado, Georgia, Louisiana, Mississippi, Pennsylvania, Tennessee, Texas, Washington.
What size grants does Tav Foundation award?
In 2024, Tav Foundation awarded 27 grants totaling $52K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Tav Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tav Foundation reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tav Foundation's EIN?
Tav Foundation's EIN (Employer Identification Number) is 63-0919414. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Tav Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.