Tav Foundation

Organization Overview

Tav Foundation is located in Fairhope, AL. The organization was established in 1986. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tav Foundation 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 12/2021, Tav Foundation generated $86.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $87.8k during the year ending 12/2021. While expenses have increased by 0.3% 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 2016, Tav Foundation has awarded 118 individual grants totaling $262,000. 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 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOUNDATION MADE LUMP SUM EDUCATIONAL SCHOLARSHIPS FOR 26 INDIVIDUALS ATTENDING VARIOUS ACCREDITED INSTITUTIONS OF HIGHER EDUCATION. THESE FUNDS WERE DISBURSED DIRECTLY TO THE INSTITUTIONS OF HIGHER EDUCATION.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $40,815
Net Rental Income$0
Net Gain on Sale of Assets $45,686
Capital Gain Net Income $45,686
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $86,501

Grants Awarded

Over the last fiscal year, Tav Foundation has awarded $66,000 in support to 33 organizations.

Grant RecipientAmount

KATTIE WAITS COASTAL ALABAMA COMMUNITY COLLEGE

PURPOSE: COLLEGE TUITION SCHOLARSHIP

$2,000

TAYLOR HEURON COLEMAN FORT VALLEY STATE UNIVERSITY

PURPOSE: COLLEGE TUITION SCHOLARSHIP

$2,000

DULCE ROSAS-SANCHES COASTAL ALABAMA COMMUNITY COLLEGE

PURPOSE: COLLEGE TUITION SCHOLARSHIP

$2,000

BRANDON WILSON UNIVERSITY OF ALABAMA

PURPOSE: COLLEGE TUITION SCHOLARSHIP

$2,000

KAMRY JONES UNIVERSITY OF ALABAMA

PURPOSE: COLLEGE TUITION SCHOLARSHIP

$2,000

TYLER BJORGUM HUNTINGDON COLLEGE

PURPOSE: COLLEGE TUITION SCHOLARSHIP

$2,000
View Grant Profile

Peer Organizations

Organization NameAssets
Joe C Davis Foundation
Nashville, TN
$6,182,733
Fraser-Parker Foundation
Atlanta, GA
$14,099,479
Paces Foundation Inc
Smyrna, GA
$9,603,919
Ds Foundation
Miami, FL
$1,385,395
The Ma-Ran Foundation
Atlanta, GA
$4,938,726
Day Foundation
Memphis, TN
$13,711,953
Clayton Family Foundation
Knoxville, TN
$17,391,150
G Harbaugh Foundation
Franklin, TN
$12,393,056
Altec-Styslinger Foundation Inc
Birmingham, AL
$25,360,360
Elizabeth Morse Genius Foundation
Winter Park, FL
$11,233,005
Daniel Foundation Of Alabama
Birmingham, AL
$11,135,386
Lyndhurst Foundation Inc
Chattanooga, TN
$17,356,041

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