Community Foundation Of South Alabama

Organization Overview

Community Foundation Of South Alabama is located in Mobile, AL. The organization was established in 1976. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2021, Community Foundation Of South Alabama employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of South Alabama is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Community Foundation Of South Alabama generated $13.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $8.9m during the year ending 09/2021. While expenses have increased by 8.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Community Foundation Of South Alabama has awarded 386 individual grants totaling $30,045,303. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE COMMUNITY FOUNDATION OF SOUTH ALABAMA SEEKS TO BUILD PERMANENT ENDOWMENTS FOR THE LONG RANGE FUTURE OF THE REGION IT SERVES AND TO DRAW FROM THE STRENGTHS OF THE REGION'S DIVERSE POPULATION IN DESIGNING AND FUNDING INNOVATIVE PROGRAMS WHICH MEET COMMUNITY NEEDS. SERVING AS RESPONSIBLE STEWARDS OF THESE FUNDS, THE FOUNDATION MAKES GRANTS TO NON-PROFIT ORGANIZATIONS IN THE FIELDS OF ARTS AND CULTURE, CIVIC AND COMMUNITY, ANTI-CRIME AND ABUSE, EDUCATION, ENVIRONMENT, HEALTH, HUMAN SERVICES, AND RECREATION. THE FOUNDATION'S MISSION STATEMENT IS AS FOLLOWS: "THE COMMUNITY FOUNDATION OF SOUTH ALABAMA ASSEMBLES AND DIRECTS PHILANTHROPIC ASSETS TO MAKE SOUTHWEST ALABAMA A BETTER PLACE."

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION'S PROGRAM SERVICE ACTIVITY CONSISTS OF AWARDING GRANTS TO VARIOUS NON-PROFIT CHARITABLE ORGANIZATIONS, BASED ON BOARD OF DIRECTORS' APPROVAL AND CATEGORIES AS REQUESTED BY DONORS. CATEGORIES INCLUDE ANTI-CRIME AND ABUSE, ARTS AND CULTURE, CIVIC AND COMMUNITY, EDUCATION, ENVIRONMENTAL,HEALTH, HUMAN SERVICES, AND RECREATION. A DETAILED SCHEDULE OF GRANTS PAID CAN BE FOUND IN SCHEDULE I.


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Board, Officers & Key Employees

Name (title)Compensation
Rebecca D Byrne
President
$138,183
Mary Kathleen Miller
Chairman
$0
Anna Goldman
Secretary
$0
John Bedsole
Treasurer
$0
Sam Covert
Immediate Past Chair
$0
Mark Hieronymus
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $72,811
All other contributions, gifts, grants, and similar amounts not included above$7,184,060
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,256,871
Total Program Service Revenue$0
Investment income $1,506,686
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,693,439
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,565,867

Grants Awarded

Over the last fiscal year, Community Foundation Of South Alabama has awarded $2,862,460 in support to 9 organizations.

Grant RecipientAmount

HUMAN SERVICES FOCUS GROUP

PURPOSE: HUMAN SERVICES

$1,458,195

EDUCATION FOCUS GROUPS

PURPOSE: EDUCATION

$656,404

HEALTH FOCUS GROUP

PURPOSE: HEALTH

$191,068

CIVIC AND COMMUNITY

PURPOSE: CIVIC AND COMMUNITY

$129,693

ENVIRONMENT FOCUS GROUP

PURPOSE: ENVIROMENTAL & ANIMALS

$128,390

RECREATION FOCUS GROUP

PURPOSE: RECREATION

$122,826
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Community Foundation Of South Alabama has recieved totaling $69,509.

Awarding OrganizationAmount
Harrigan Family Foundation

Fulton, AL

PURPOSE: TO SATISFY CHARITABLE NEEDS

$68,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$1,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$9
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$794,944
Ending Balance$794,944

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