Turner Foundation

Foundation · Grantmaker Hoover, AL EIN: 63-1214984

Turner Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hoover, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $552K in total assets. In 2024, it awarded 7 grants totaling $13K.

Key facts about Turner Foundation

EIN: 63-1214984
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $13,450
Grants made (2024): 7
Average grant: $1,921
Median grant: $1,200
Total assets: $552,116
Primary geography: Alabama (41% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Turner Foundation funds

By grant dollars, the top recipient states for Turner Foundation's 7 itemized 2024 grants were Alabama (41%), Pennsylvania (37%) and Illinois (13%). 100% of grants with a stated purpose were for general or operating support.

How Turner Foundation gives

Giving fell 81% from 2021 to 2024. Method
In 2024 it paid out 36% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Turner Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$552K

-11.6% YoY

Annual Giving

$13K

-85.1% YoY

Grant Count

-76.7% YoY

Avg Grant Size

$2K

-36.1% YoY

Under IRS private-foundation payout rules, Turner Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.

About Turner Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $5K (41%)

Pennsylvania $5K (37%)

Illinois $2K (13%)

California $1K (9%)

Share of all 7 itemized 2024 grant dollars.

States

Alabama California Colorado Connecticut District of Columbia Florida Georgia Illinois Indiana Kansas Kentucky Massachusetts Maryland New York Ohio Oklahoma Pennsylvania Tennessee Virginia

Cities

WashingtonBirminghamOrlandoArlingtonMontgomeryColorado SpringsLeedsMerrifieldOaklandPhiladelphiaAkronBessemerChicagoClantonNaplesPanorama CityCreteFairfieldHilmarNashville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2021
Total Assets	$552,116	$624,234	$490,397
Revenue	$51,096	$295,280	$257,146
Expenses	$121,272	$116,107	$108,157
Qualifying Distributions	$13,450	$90,150	$72,540
Net Investment Income	—	$22,266	$9,334
Distributable Amount	$37,780	$9,907	$18,105

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

115 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include American Bible Society ($5,000), Cathedral Church of the Advent ($5,000), Moody Bible Institute ($1,800).

Recipient	Purpose	Amount
AMERICAN BIBLE SOCIETY Philadelphia, PA	GENERAL OPERATIONS	$5,000
CATHEDRAL CHURCH OF THE ADVENT Birmingham, AL	GENERAL OPERATIONS	$5,000
MOODY BIBLE INSTITUTE Chicago, IL	GENERAL OPERATIONS	$1,800
FAMILY RADIO Oakland, CA	GENERAL OPERATIONS	$1,200
THE RED BARN Leeds, AL	GENERAL OPERATIONS	$250
PANTAZIS FOUNDATION Vestavia Hills, AL	GENERAL OPERATIONS	$100
CHRIST FELLOWSHIP CHURCH Homewood, AL	GENERAL OPERATIONS	$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Mickey L Turner	Trustee	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Turner Foundation?

Turner Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hoover, AL. It holds $552K in total assets as of 2024.

How large is Turner Foundation?

As of 2024, Turner Foundation holds $552K in total assets with $51K in annual revenue. It awarded 7 grants totaling $13K in 2024.

Where does Turner Foundation operate?

Turner Foundation has awarded grants in Alabama, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Maryland, New York, Ohio, Oklahoma, Pennsylvania, Tennessee, Virginia.

What size grants does Turner Foundation award?

In 2024, Turner Foundation awarded 7 grants totaling $13K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Turner Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Turner Foundation reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.