William Griffin Besant Memorial

Private foundation · Grantmaker Tuscaloosa, AL EIN: 85-4370241

William Griffin Besant Memorial is a private foundation, based in Tuscaloosa, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 6 grants totaling $51K. Net investment income was $35K.

Key facts about William Griffin Besant Memorial

In short: William Griffin Besant Memorial gave $51K across 6 grants in 2024 (avg $9K), mostly in Alabama. Source: 2024 IRS Form 990-PF.

EIN
85-4370241
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$51,000
Grants made (2024)
6
Average grant
$8,500
Median grant
$5,000
Total assets
$1,107,720
Primary geography
Alabama (90% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+21.0% YoY

Annual Giving

$51K

+37.8% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$9K

+37.8% YoY

Under IRS private-foundation payout rules, William Griffin Besant Memorial reported a distributable amount of $56K for 2024 — the minimum it must pay out in qualifying distributions.

How William Griffin Besant Memorial gives

  • Giving grew 65% from 2021 to 2024. Method
  • In 2024 it paid out 90% 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 6 itemized 2024 grant dollars.

Cities

CokerEldridgeGadsdenMemphisMountain BrookTuscaloosaVermontVinemont

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants20206 grants20215 grants20226 grants20236 grants2024

From 2021 to 2024, annual grant giving ranged from $31K (2021) to $51K (2024). In 2024 it made 6 grants totaling $51K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Cystic Fibrosis Foundation: $26KCystic Fibrosis Foundation$26KBig Oak Ranch: $5KBig Oak Ranch$5KEagle's Wings: $5KEagle's Wings$5KSt Jude's: $5KSt Jude's$5KSendme Refuge Inc: $5KSendme Refuge Inc$5KFree Will Baptist Children's Home: $5KFree Will Baptist Children'sHome$5K

The largest 2024 recipient was Cystic Fibrosis Foundation ($26K). Together the top 6 received $51K.

Grant Size Distribution

23 grants across all recorded years

23<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 23 grants of 23 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Cystic Fibrosis Foundation Mountain Brook, ALGeneral Operations$26,000
Big Oak Ranch Gadsden, ALGeneral Operations$5,000
Eagle's Wings Coker, ALGeneral Operations$5,000
St Jude's Memphis, TNGeneral Operations$5,000
Sendme Refuge Inc Vermont, ALGeneral Operations$5,000
Free Will Baptist Children's Home Eldridge, ALGeneral Operations$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K20202021202220232024
Metric202420232022
Total Assets$1,107,720$915,483$675,057
Revenue$270,855$288,096$95,815
Expenses$63,999$47,670$49,784
Qualifying Distributions$51,000$37,000$42,000
Net Investment Income$35,355$18,265$25,915
Distributable Amount$56,468$42,913$36,046

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

William Griffin Besant Memorial is led by Richard W Besant, President & Vice President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Richard W Besant

    President & Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Susan K Besant

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about William Griffin Besant Memorial

How much does William Griffin Besant Memorial give each year?

William Griffin Besant Memorial gave $51K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $37K across 6 grants.

What is William Griffin Besant Memorial's typical grant size?

William Griffin Besant Memorial's median grant in 2024 was $5,000, and its average grant was $8,500, across 6 grants on its 2024 IRS Form 990-PF.

Where does William Griffin Besant Memorial give grants?

William Griffin Besant Memorial gives mostly in Alabama: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (10%).

Does William Griffin Besant Memorial give general operating support?

Yes: 100% of William Griffin Besant Memorial's 2024 grants with a stated purpose (6 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are William Griffin Besant Memorial's largest grantees?

William Griffin Besant Memorial's largest 2024 grantees include Cystic Fibrosis Foundation ($26,000), Big Oak Ranch ($5,000) and Eagle's Wings ($5,000), according to its 2024 IRS Form 990-PF. Together they received 71% of its itemized 2024 grant dollars.

How large is William Griffin Besant Memorial?

William Griffin Besant Memorial reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $51K in qualifying distributions that year, against a required minimum of $56K (roughly 5% of its investment assets).

What is William Griffin Besant Memorial's EIN?

William Griffin Besant Memorial's EIN (Employer Identification Number) is 85-4370241. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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