Turner Medical Trust

Private foundation · Grantmaker Birmingham, AL EIN: 63-6219873

Turner Medical Trust 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 $13.6M in total assets. In 2025, it awarded 3 grants totaling $766K. Net investment income was $1.3M.

Key facts about Turner Medical Trust

In short: Turner Medical Trust gave $766K across 3 grants in 2025 (avg $255K), mostly in Alabama. Source: 2025 IRS Form 990-PF.

EIN
63-6219873
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$765,873
Grants made (2025)
3
Average grant
$255,291
Median grant
$229,436
Total assets
$13,577,835
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

$13.6M

+4.2% YoY

Annual Giving

$766K

-3.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$255K

-3.0% YoY

Under IRS private-foundation payout rules, Turner Medical Trust reported a distributable amount of $817K for 2025 — the minimum it must pay out in qualifying distributions.

How Turner Medical Trust gives

  • Giving held roughly steady from 2022 to 2025 (−10%). Method
  • In 2025 it paid out 96% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 3 itemized 2025 grant dollars.

Cities

BirminghamDothanMobileAtlantaAuburn

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M4 grants20205 grants20214 grants20223 grants20233 grants20243 grants2025

From 2020 to 2025, annual grant giving ranged from $738K (2023) to $942K (2021). In 2025 it made 3 grants totaling $766K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Uab School of Medicine: $532KUab School of Medicine$532KUniversity of South Alabama: $229KUniversity of South Alabama$229KHouston County Medical Society: $5KHouston County Medical Society$5K

The largest 2025 recipient was Uab School of Medicine ($532K). Together the top 3 received $766K.

Grant Size Distribution

18 grants across all recorded years

8<$50K$50–100K4$100–250K1$250–500K5$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 18 (44%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Uab School of Medicine Birmingham, ALScholarships$531,709
University of South Alabama Mobile, ALScholarship$229,436
Houston County Medical Society Dothan, ALGeneral Operating$4,728

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M202020212022202320242025
Metric202520242023
Total Assets$13,577,835$13,034,443$12,739,914
Revenue$1,443,526$1,198,470$642,989
Expenses$898,809$911,144$847,699
Qualifying Distributions$784,399$808,479$754,893
Net Investment Income$1,346,369$1,103,709$553,760
Distributable Amount$817,383$787,076$748,225

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 26, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 11, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 13, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 23, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 16, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Turner Medical Trust's 2025 filing lists 4 officers; 1 of 4 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Regions Bank

    Trustee

    On filings since 2020

    4 hrs/week

    $82K (2020) → $88K (2025)

  • Chris Nicholls Houston County Medi

    Scholarship Committee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Chuck Ledbetter Dothan City School

    Scholarship Committee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mark Scott Houston County School

    Scholarship Committee

    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.

Compensation Overview

From 2025 IRS filing

Regions Bank — Trustee: $88KRegions BankTrustee$88K

The highest reported compensation on the 2025 filing was $88K, to Regions Bank (Trustee).

Frequently asked questions about Turner Medical Trust

How much does Turner Medical Trust give each year?

Turner Medical Trust gave $766K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $790K across 3 grants.

What is Turner Medical Trust's typical grant size?

Turner Medical Trust's median grant in 2025 was $229,436, and its average grant was $255,291, across 3 grants on its 2025 IRS Form 990-PF.

Where does Turner Medical Trust give grants?

Turner Medical Trust gives mostly in Alabama: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Turner Medical Trust give general operating support?

Yes: 33% of Turner Medical Trust's 2025 grants with a stated purpose (1 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Turner Medical Trust?

Turner Medical Trust reported $13.6M in total assets on its 2025 IRS Form 990-PF. It paid out $784K in qualifying distributions that year, against a required minimum of $817K (roughly 5% of its investment assets).

What is Turner Medical Trust?

Turner Medical Trust is a private foundation focused on Education, based in Birmingham, AL. It holds $13.6M in total assets as of 2025.

What is Turner Medical Trust's EIN?

Turner Medical Trust's EIN (Employer Identification Number) is 63-6219873. 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.

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