Iola Spencer Memorial Trust
Preselected recipients only
Iola Spencer Memorial Trust is a private foundation in Birmingham, Alabama. In tax year 2025 it gave $14,262 in 1 grant; the typical grant was $14,262 and the largest $14,262. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$14,262
- Number of grants1
- Typical grant$14,262
- Largest grant$14,262
- Assets$345,698
- New grantees100%
Giving in 2025 was up from $13,161 the year before.
100% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $14,864 | 1 | $320,726 |
| 2024 | $13,161 | 1 | $329,242 |
| 2025 | $14,262 | 1 | $345,698 |
How to apply
Iola Spencer Memorial Trust says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Iola Spencer Memorial Trust funds
Where it gives
All of its grants went to recipients in Mississippi.
| State | Grants | Amount |
|---|---|---|
| Mississippi | 1 | $14,262 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Main Street United Methodist Church Attn Donna Runnels | General operating | $14,262 |
Officers and trustees
- Regions Bank
Questions people ask
Does Iola Spencer Memorial Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Iola Spencer Memorial Trust give?
$14,262 in tax year 2025, across 1 grant, with a typical grant of $14,262.
Who runs Iola Spencer Memorial Trust?
Its 2025 filing lists Regions Bank (Trustee).
What does Iola Spencer Memorial Trust fund?
Based on its grants, mainly community development and faith communities.