The Seamen's Foundation

BIRMINGHAM, AL EIN: 63-6018610

The Seamen's Foundation is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $845K in total assets. In 2024, it awarded 5 grants totaling $40K. Net investment income was $66K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$845K

+2.7% YoY

Annual Giving

$40K

+18.9% YoY

Grant Count

-16.7% YoY

Avg Grant Size

$8K

+42.6% YoY

Under IRS private-foundation payout rules, The Seamen's Foundation reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.

About The Seamen's Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $149K (98%)

Washington $3K (2%)

States

Alabama Washington

Cities

BirminghamHarborMobileSaraland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$844,727	$822,562	$823,065
Revenue	$74,639	$43,155	$28,817
Expenses	$52,320	$43,494	$37,893
Qualifying Distributions	$43,067	$36,874	$29,201
Net Investment Income	$65,864	$35,785	$22,319
Distributable Amount	$49,408	$44,874	$45,924

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

24 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Propeller Club of the United States Port ($17,500), National Maritime Museum of the Gulf of ($10,000), Stella Maris Archdiocese of Mobile ($7,500).

Recipient	Purpose	Amount
BUCKAROO FOUNDATION SARALAND, AL	GENERAL OPERATING	$5,000
PATRICK WILSON LIBRARY TRUST BIRMINGHAM, AL	GENERAL OPERATING	$112
NATIONAL MARITIME MUSEUM OF THE GULF OF MOBILE, AL	GENERAL OPERATING	$10,000
PROPELLER CLUB OF THE UNITED STATES PORT MOBILE, AL	GENERAL OPERATING	$17,500
STELLA MARIS ARCHDIOCESE OF MOBILE MOBILE, AL	GENERAL OPERATING	$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHAEL B LEE	BOARD MEMBER	2	—
J EDGAR BRISTER	SECRETARY/ TREAS BOARD MEMBER	2	—
D R JORDAN	V PRES AND BOARD MEMBER	2	—
ANDREW A SAUNDERS	PRES AND BOARD MEMBER	2	—
PATRICK J WILSON	BOARD MEMBER	2	—
T LEE ROBINSON JR	BOARD MEMBER	2	—
H S THORNE	BOARD MEMBER	2	—
ERIN R WHEELER	BOARD MEMBER	2	—
REGIONS BANK	TRUSTEE	1	$9,773

Frequently Asked Questions

How large is The Seamen's Foundation?

As of 2024, The Seamen's Foundation holds $845K in total assets with $75K in annual revenue. It awarded 5 grants totaling $40K in 2024.

Where does The Seamen's Foundation operate?

The Seamen's Foundation has awarded grants in Alabama, Washington.

What size grants does The Seamen's Foundation award?

In 2024, The Seamen's Foundation awarded 5 grants totaling $40K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is The Seamen's Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Seamen's Foundation reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.