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Filing year 2024

JAY AND CORRINE TUTHILL MEMORIAL SCHOLARSHIP TRUST

Hayden, Alabama·EIN 63-6138369·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$210k
Total assets
$1.2M
Total expenses
$59k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. JAY AND CORRINE TUTHILL MEMORIAL SCHOLARSHIP TRUST reported 3 unpaid officers and board members on its 990-PF.

Secretary
President
VP

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$54k

Itemized grants

8

Median grant

$6k

RecipientLocationPurposeAmount
WALLACE STATE COMMUNITY COLLEGEHANCEVILLE, ALEDUCATIONAL$18k
FAULKNER UNIVERSITYMONTGOMERY, ALEDUCATIONAL$12k
UNIVERSITY OF NORTH ALABAMAFLORENCE, ALEDUCATIONAL$8k
UAHHUNTSVILLE, ALEDUCATIONAL$6k
MISSISSIPPI STATE UNIVERSITYMISSISSIPPI STATE, MSEDUCATIONAL$6k
UABBIRMINGHAM, ALEDUCATIONAL$2k
FRIENDS OF LOCUST FORKCLEVELAND, ALEDUCATIONAL$1k
HAYDEN MIDDLE SCHOOLHAYDEN, ALEDUCATIONAL$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

JAY AND CORRINE TUTHILL MEMORIAL SCHOLARSHIP TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$51k
$58k
2023
$210k
$59k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Alabama

JAY AND CORRINE TUTHILL MEMORIAL SCHOLARSHIP TRUST reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Alabama earns a median of $10,858.

25th percentile
$5k
Median
$10,858
75th percentile
$33k
90th percentile
$98k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 513 organizations across 513 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Alabama
FAQ

Common questions about JAY AND CORRINE TUTHILL MEMORIAL SCHOLARSHIP TRUST

What are JAY AND CORRINE TUTHILL MEMORIAL SCHOLARSHIP TRUST's revenue and expenses?

In 2024, JAY AND CORRINE TUTHILL MEMORIAL SCHOLARSHIP TRUST reported $210k in total revenue and $59k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.