Day Family Foundation
- Assets
- $0.0
- Revenue
- $9.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 07/1980
- Data as of
- 05/2021
- EIN
- 13-3025969
Organization Overview
Day Family Foundation is located in Birmingham, AL. The organization was established in 1980. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 05/2021, Day Family Foundation generated $9.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (72.2%) each year. All expenses for the organization totaled $342.2k during the year ending 05/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Day Family Foundation has awarded 45 individual grants totaling $402,307. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
H Corbin Day Trustee | 10 | $0 | |
James D Davis Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,445 |
| Interest on Savings | $11 |
| Dividends & Interest | $2,397 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,393 |
| Capital Gain Net Income | $3,393 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $4,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $270 |
| Total operating and administrative expenses | $7,591 |
| Contributions, gifts, grants paid | $334,640 |
| Total expenses and disbursements | $342,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Day Family Foundation has awarded $334,640 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN MUSEUM OF FLY FISHING PURPOSE: SUPPORT MUSEUM IN MANCHESTER, VERMONT, UNITED STATES, THAT PRESERVES AND EXHIBITS ARTIFACTS RELATED TO AMERICAN ANGLING | $1,000 |
WALTER L MOORE SCHOLARSHIP FUND PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 |
BIRMINGHAM MUSEUM OF ART PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 |
JUPITER ISLAND MEDICAL CENTER PURPOSE: PROVIDE MEDICAL SERVICES TO ALL MEMBERS OF THE COMMUNITY WHO NEED THEM REGARDLESS OF THEIR ABILITY TO PAY | $500 |
GRACE HOUSE MINISTRIES PURPOSE: PROVIDE STABLE, CHRISTIAN HOMES TO ALABAMA GIRLS IN FOSTER CARE WITH THE COMMITMENT TO DEVELOPING MATURE, GODLY WOMEN | $1,000 |
CATHEDRAL CHURCH OF THE ADVENT PURPOSE: SUPPORT THE CATHEDRAL CHURCH OF THE ADVENT EFFORTS | $1,000 |