The Mildred W Blount Educational
The Mildred W. Blount Educational & Charitable Foundation is a private foundation based in Tallassee, Alabama. Established in 1981, it operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic work across multiple sectors including education, health, community development, and religion.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
-0.4% YoY
Annual Giving
$140K
+8.3% YoY
Grant Count
24
+4.3% YoY
Avg Grant Size
$6K
+3.8% YoY
Mission & Focus Areas
The foundation's primary focus areas include:
- Education: Support for elementary, secondary, and higher education initiatives
- Health: In-patient medical care, hospital care, and nursing scholarships
- Community and Economic Development: Projects supporting community advancement
- Religion: Particularly Catholic agencies and churches
Historical grant distribution shows approximately 60% of giving directed toward education, 13% toward arts and culture, and 11% toward health initiatives.
Grantmaking
Review Cycle
.
How to Apply
**: Applicants must contact the foundation directly to inquire about application procedures and guidelines. There are no stated deadlines.
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Geographic Focus
Where this funder awards grants
While the foundation has a national scope with grants distributed across the United States, it primarily supports initiatives in Alabama, with particular concentration in cities including Auburn, Birmingham, Montgomery, and Tallassee.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $2,138,881
- Total Revenue: $165,000
- Total Expenses: $174,000
- Total Liabilities: $0
As of 2023:
- Total Assets: $2,130,274
- Total Giving: $129,500
- Annual Expenses: $161,807
- Annual Revenue: $121,844
The foundation maintains no employees and operates with minimal staffing overhead.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,130,274 | $2,138,881 | $2,178,844 |
| Revenue | $164,934 | $121,844 | $165,354 |
| Expenses | $173,541 | $161,807 | $166,046 |
| Qualifying Distributions | $159,168 | $147,329 | $152,756 |
| Net Investment Income | $152,796 | $110,452 | $153,685 |
| Distributable Amount | $147,936 | $137,327 | $137,644 |
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
126 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's board of directors includes:
- Steve Schmitt (Chairperson)
- Gary Fuller (Vice Chairman)
- Shirl Mathis (Secretary/Treasurer)
- Hollis Mann (Director)
- Jennie Rhinehart (Director)
- Jo Venable (Director)
- Steve Burak (Director)
- Teddy Taylor (Director)
- Valerie Ward (Director)
The foundation was established by donor Mildred W. Blount.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JO VENABLE | DIRECTOR | — | — |
| GARY FULLER | VICE CHAIRPE | — | — |
| HOLLIS MANN | DIRECTOR | — | — |
| JENNIE RHINEHART | DIRECTOR | — | — |
| TEDDY TAYLOR | DIRECTOR | — | — |
| STEVE SCHMITT | CHAIRPERSON | — | — |
| SHIRL MATHIS | SECRETARY/TR | — | $1,200 |
| STEVE BURAK | DIRECTOR | — | — |
| VALERIE WARD | DIRECTOR | — | — |
Related Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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