Funder DirectoryMERRILL I & GRACE HANKS CHARITABLE TR
Back to directory

Private foundation (trust)EIN 616394207Est. 2012-03

MERRILL I & GRACE HANKS CHARITABLE TR

MOBILE, AL 366331628

Total Assets

$6.1M

FY 2024

Annual Giving

$209K

FY 2024

Grants Made

2

FY 2024

Avg Grant

$104K

FY 2024

Grant Range

$30K–$178K

Typical

Deadlines

Applications

Focus Areas

Education

Financial Snapshot

2024 filing

Total Revenue

$216K

Total Expenses

$278K

Qualifying Distributions

$259K

Distributable Amount

$293K

Min. Investment Return

$296K

Undistributed Income

$243K

Payout rate 88%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.88%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $229K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

10 grants

ALABAMA BAPTIST CHILDREN'S HOME
$936K
5 grants
UNIVERSITY OF MOBILE
$109K
5 grants

Grant Size Distribution

10 grants

<$10K
$10–50K
5
grants
$50–250K
5
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

Alabama
$1.0M
100% of total

Ready to work on a proposal for MERRILL I & GRACE HANKS CHARITABLE TR?

Open a draft with this funder pre-selected. Add guidelines when you have them.

Draft an application for MERRILL I & GRACE HANKS CHARITABLE TR
Funder alerts

Track MERRILL I & GRACE HANKS CHARITABLE TR

Get an email when Grantivo has new data for MERRILL I & GRACE HANKS CHARITABLE TR, such as a fresh IRS filing, updated financials, or newly reported grants. No account needed.

Free. Unsubscribe anytime. Or create an account to draft an application.