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  4. J L Bedsole Foundation Regions Bank Co-Trustee
EIN 23-7225708

J L Bedsole Foundation Regions Bank Co-Trustee

IRS 501(c) type
501(c)(3)
Num. employees
2
City
Mobile
State
Alabama
Year formed
1972
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The J L Bedsole Foundation is a private foundation located in Mobile, AL. The Foundation made $2,736,318 in grants last year and has total assets of $37,010,557.
Also known as...
J L Bedsole Foundation
Total revenues
$2,931,175
2022
Total expenses
$3,616,024
2022
Total assets
$36,981,163
2022
Num. employees
2
2022

Program areas at J L Bedsole Foundation Regions Bank Co-Trustee

Administration of scholars program (85 college/university students served), entrepreneurial program, and grants to exempt organizations
Recovery of amounts previously deducted

Grants made by J L Bedsole Foundation Regions Bank Co-Trustee

GranteeGrant descriptionAmount
Mobile Area Chamber of Commerce FoundationInnovation Portal - Debt Reduction$500,000
Mobile Area Chamber of Commerce FoundationInnovation Portal - Capital Improvement$300,000
Coastal Alabama PartnershipProgram Support$200,000
...and 27 more grants made totalling $1,626,795

Who funds J L Bedsole Foundation Regions Bank Co-Trustee

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Forest Landowners AssociationFor Planning And/or Managing Longleaf Pine$18,300

Personnel at J L Bedsole Foundation Regions Bank Co-Trustee

NameTitleCompensation
Patricia PattonProgram Director$56,937
Christopher L LeeDirector$159,436
Louis WilcoxTrustee

Financials for J L Bedsole Foundation Regions Bank Co-Trustee

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$390,197
Net rental income$11,200
Net gain from sale of non-inventory assets$2,107,874
Gross sales of inventory$0
Miscellaneous revenues$421,904
Total revenues$2,931,175

Form 990s for J L Bedsole Foundation Regions Bank Co-Trustee

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-16990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-08-19990PFView PDF
2018-122020-01-22990PFView PDF
...and 7 more Form 990s

Organizations like J L Bedsole Foundation Regions Bank Co-Trustee

OrganizationLocationRevenue
The Carter Family Charitable TrustLittle Compton, RI$1,275,934
McDonald Agape FoundationBirmingham, MI$3,784,106
Gary E Milgard Family Foundation - MarkTacoma, WA$5,193,574
The Huey and Angelina Wilson FoundationBaton Rouge, LA$3,268,040
GHS FoundationHouston, TX$4,945,276
Irving Harris FoundationChicago, IL$14,618,353
The Ashtabula FoundationAshtabula, OH$1,568,946
Richard S Shineman FoundationOswego, NY$1,723,390
Edward B and Joan T Knight Foundati FoundationKey West, FL$2,485,229
Zyne Family FoundationBirmingham, AL$790,473
Data update history
October 23, 2024
Received grants
Identified 1 new grant, including a grant for $18,300 from Forest Landowners Association
December 5, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 18, 2023
Updated personnel
Identified 8 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsAccepts online donations
General information
Address
Co Regions Bank PO Box 1628
Mobile, AL 36633
Metro area
Mobile, AL
County
Mobile County, AL
Website URL
jlbedsolefoundation.org/staff 
Phone
(251) 690-1415
IRS details
EIN
23-7225708
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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