Walter B Glotzbecker Memorial Trust
Walter B Glotzbecker Memorial Trust is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $364K in total assets. In 2024, it awarded 1 grants totaling $17K. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$364K
-2.2% YoY
Annual Giving
$17K
+4.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$17K
+4.3% YoY
Under IRS private-foundation payout rules, Walter B Glotzbecker Memorial Trust reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.
About Walter B Glotzbecker Memorial Trust
Based on IRS filings
Walter B Glotzbecker Memorial Trust is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $364K in total assets. In 2024, it awarded 1 grants totaling $17K. Net investment income was $12K.
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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 | $363,577 | $371,708 | $387,649 |
| Revenue | $18,464 | $9,433 | $-554 |
| Expenses | $26,588 | $25,236 | $38,543 |
| Qualifying Distributions | $20,287 | $19,454 | $27,928 |
| Net Investment Income | $12,218 | $6,266 | $5,111 |
| Distributable Amount | $22,615 | $20,731 | $21,671 |
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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rogers Public Library Foundation ($17,290).
| Recipient | Purpose | Amount |
|---|---|---|
| ROGERS PUBLIC LIBRARY FOUNDATION ROGERS, AR | GENERAL OPERATING | $17,290 |
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 | $7,483 |
Frequently Asked Questions
How large is Walter B Glotzbecker Memorial Trust?
As of 2024, Walter B Glotzbecker Memorial Trust holds $364K in total assets with $18K in annual revenue. It awarded 1 grants totaling $17K in 2024.
Where does Walter B Glotzbecker Memorial Trust operate?
Walter B Glotzbecker Memorial Trust has awarded grants in Arkansas.
What size grants does Walter B Glotzbecker Memorial Trust award?
In 2024, Walter B Glotzbecker Memorial Trust awarded 1 grants totaling $17K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Walter B Glotzbecker Memorial Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Walter B Glotzbecker Memorial Trust reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Walter B Glotzbecker Memorial Trust's EIN?
Walter B Glotzbecker Memorial Trust's EIN (Employer Identification Number) is 71-6124411. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Walter B Glotzbecker Memorial Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.