Velma Mckinnon Scholarship Trust
Velma Mckinnon Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2021 through 2024. In 2024, it awarded 1 grants totaling $105K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$105K
+2108.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$105K
+2108.2% YoY
About Velma Mckinnon Scholarship Trust
Based on IRS filings
Velma Mckinnon Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2021 through 2024. In 2024, it awarded 1 grants totaling $105K. Net investment income was $5K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $104,961 | $109,174 |
| Revenue | $7,155 | $3,777 | $6,591 |
| Expenses | $109,648 | $7,990 | $7,783 |
| Qualifying Distributions | $107,538 | $6,194 | $6,029 |
| Net Investment Income | $5,029 | $2,022 | $4,931 |
| Distributable Amount | $5,180 | $5,272 | $6,163 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS BANK | TRUSTEE | 1 | $2,615 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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