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Nonprofit · EIN 20-3859323

THE BYNUM FOUNDATION

Tax-exempt · BIRMINGHAM, AL 35202

Financials

−$246K$161K2023$90K$102K2024$271K$1.3M2025
Revenue Expenses · by fiscal year end
Financials of THE BYNUM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$271,011$1,347,403-$1,076,392$287,997$0$287,997
December 31, 2024990-PF$90,042$101,894-$11,852$1,363,939$0$1,363,939
December 31, 2023990-PF-$246,192$161,094-$407,286$1,375,805$0$1,375,805
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$34,323
Net gain from sales of assets
$236,688

Expenses

Grants and similar amounts paid
$1,323,494
Compensation of officers, directors and key employees
$20,416
Disbursements for charitable purposes
$1,329,777
Excise tax on investment income
$3,582

Balance sheet and other

Total assets, start of year
$1,363,939
Total assets, end of year
$287,997
Total liabilities, end of year
$0
Net assets, end of year
$287,997
Fair market value of assets
$330,515
Qualifying distributions
$1,329,777
Net investment income
$270,651

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
REGIONS BANK TRUST DEPT
2050 PARKWAY OFFICE CIRCLE, HOOVER, AL 35244
TRUSTEE1$15,416
ANDREW SKELTON
907 BUCHANNAN, SCOTTSBORO, AL 35768
CHAIRMAN1$1,000
COLLEEN SKELTON
103 GREGORY CT, WEAVERVILLE, NC 28787
BOARD MEMBER1$1,000
WILLIAM TALLY
PO BOX 1067, SCOTTSBORO, AL 35768
BOARD MEMBER1$1,000
GRAHAM SKELTON
1480 WRIGHTSBORO ROAD, AUGUSTA, GA 30901
BOARD MEMBER1$1,000
MARK SCOTT SKELTON JR
PO BOX 4234, EAGLE, CO 81631
BOARD MEMBER1$1,000
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
REGIONS BANK
250 RIVERCHASE PARKWAY EAST, BIRMINGHAM, AL 35244
TRUSTEE1$19,986
COLLEEN SKELTON
103 GREGORY CT, WEAVERVILLE, NC 28787
BOARD MEMBER1$2,000
WILLIAM TALLY
PO BOX 1067, SCOTTSBORO, AL 35768
BOARD MEMBER1$2,000
MARK SCOTT SKELTON JR
PO BOX 4234, EAGLE, CO 81631
BOARD MEMBER1$2,000
ANDREW SKELTON
907 BUCHANNAN, SCOTTSBORO, AL 35768
CHAIRMAN1$1,000
GRAHAM SKELTON
1480 WRIGHTSBORO ROAD, AUGUSTA, GA 30901
BOARD MEMBER1$1,000
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
REGIONS BANK TRUST DEPT
250 RIVERCHASE PARKWAY EAST, BIRMINGHAM, AL 35244
TRUSTEE1$38,977
ANDREW SKELTON
907 BUCHANNAN, SCOTTSBORO, AL 35768
CHAIRMAN1$0
COLLEEN SKELTON
907 BUCHANNA, SCOTTSBORO, AL 35768
BOARD MEMBER1$0
WILLIAM TALLY
PO BOX 1067, SCOTTSBORO, AL 35768
BOARD MEMBER1$0
SCOTT SKELTON
907 BUCKANNAN, SCOTTSBORO, AL 35768
BOARD MEMBER1$0
GRAHAM SKELTON
907 BUCHANNAN ST, SCOTTSBORO, AL 35768
BOARD MEMBER1$0

Address and contacts

Address (IRS master file)
PO BOX 11647, BIRMINGHAM, AL 35202-1647
In care of
% REGIONS BANK TRUST DEPT
Signed the 990-PF
REGIONS BANK TRUSTEE, TRUST OFFICER
Phone
(205) 820-3141
Return prepared by
PWC US TAX LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-3859323
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2006
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$287,997
Income (IRS master file)
$1,826,078

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$271,011$1,347,403$287,997IRS
990-PFDecember 2024$90,042$101,894$1,363,939IRS
990-PFDecember 2023-$246,192$161,094$1,375,805XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3859323).

Questions about THE BYNUM FOUNDATION

What is the EIN of THE BYNUM FOUNDATION?
The employer identification number (EIN) of THE BYNUM FOUNDATION is 20-3859323.
Is THE BYNUM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to THE BYNUM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE BYNUM FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE BYNUM FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE BYNUM FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of THE BYNUM FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 6 people; 6 received compensation from the organization, the highest $15,416 (REGIONS BANK TRUST DEPT, TRUSTEE).
How much revenue does THE BYNUM FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $271,011, expenses of $1,347,403 and total assets of $287,997 at year end.

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