Iola Spencer Memorial Trust | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Iola Spencer Memorial Trust. Data shown is extracted from Form 990-PF filings.
EIN: 64-6201020
Foundation Overview
Based in Birmingham, AL, Iola Spencer Memorial Trust has awarded 7 grants totaling $84,272 to organizations in Mississippi. Individual grants range from $5,711 to $14,864, with a median award of $13,304.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
2 total grants. Insufficient data for reliable pattern analysis. Foundation may be highly selective or recently established.
Geographic Focus
100% of all grants are concentrated in Mississippi, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Mississippi, funding concentrates in Hattiesburg (100%).
Funding Trajectory
Strong 160% growth in annual giving over 3 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.
Program Areas
Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Iola Spencer Memorial Trust's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Main Street United Methodist Church | $14,864 | Hattiesburg, MS, US | General Operating | 2023 |
| Main Street United Methodist Church | $14,864 | Hattiesburg, MS, US | General Operating | 2023 |
| Main Street United Methodist Church Attn | $13,304 | Hattiesburg, MS, US | General Operating | 2022 |
| Main Street United Methodist Church Attn | $13,304 | Hattiesburg, MS, US | General Operating | 2022 |
| Main Street United Methodist Church Attn | $13,304 | Hattiesburg, MS, US | General Operating | 2022 |
| Main Street United Methodist Church Attn | $8,921 | Hattiesburg, MS, US | General Operating | 2021 |
| Main Street United Methodist Church | $5,711 | Hattiesburg, MS, US | General Operating | 2020 |
Foundations Similar to Iola Spencer Memorial Trust
Discover 5 foundations with comparable assets ($304,407-$335,725), similar grant patterns, and geographic focus in AL that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
A Gateway To Opportunity Foundation
EIN: 88-3540947 | 8 grants awarded |
$328,334
(≈ Similar) |
$10,000
median grant |
Florence, AL
Same state |
|
|
Irene N Mallory Tua Fbo Mobile College
EIN: 63-6108603 | 8 grants awarded |
$310,566
(≈ Similar) |
$11,581.5
median grant |
Birmingham, AL
Same state |
|
|
Ira M Gambill Medical Education Tr
EIN: 62-6186726 | 21 grants awarded |
$334,553
(≈ Similar) |
$10,000
median grant |
Birmingham, AL
Same state |
|
|
Guy N & Rose Scovill Trust
EIN: 37-6022767 | 10 grants awarded |
$335,725
(≈ Similar) |
$18,006.5
median grant |
Birmingham, AL
Same state |
|
|
E C Anderson Tuw
EIN: 63-6022331 | 11 grants awarded |
$304,407
(≈ Similar) |
$21,937
median grant |
Birmingham, AL
Same state |
|
Related Foundation Resources in AL:
Contact Information
Official contact details for Iola Spencer Memorial Trust as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 64-6201020 |
| Website | N/A |
| Address | PO BOX 11647 Birmingham, AL 35202-1647 |
Key People (1)
Board members, trustees, and key staff who oversee Iola Spencer Memorial Trust's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| Trustee | Regions Bank Trust Dept |
|---|
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Iola Spencer Memorial Trust is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
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