Walker Area Community Foundation

Organization Overview

Walker Area Community Foundation is located in Jasper, AL. The organization was established in 1997. 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 12/2021, Walker Area Community Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walker Area Community 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, Walker Area Community Foundation generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $4.8m during the year ending 12/2021. While expenses have increased by 16.8% per year over the past 7 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, Walker Area Community Foundation has awarded 607 individual grants totaling $15,376,059. 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

TO SERVE AS A NONPROFIT DEDICATED TO THE NURTURE AND ADVANCEMENT OF THE COMMUNITY THROUGH FORMING AND PRESERVING CHARITABLE CAPITAL, AND USING THE PROCEEDS OF THAT CAPITAL TO BETTER THE COMMUNITY AS A WHOLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WALKER AREA COMMUNITY FOUNDATION PROVIDES GRANTS TO PROMOTE THE COMMUNITY HEALTH AND SOCIAL WELFARE OF CITIZENS WITHIN THE COMMUNITY OF WALKER COUNTY, ALABAMA OR AS RECOMMENDED BY FUND ADVISORS AND APPROVED BY THE BOARD OF DIRECTORS TO 501(C)(3) ORGANIZATIONS OUTSIDE OF THE GENERAL SERVICE AREA.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Paul W Kennedy
President
$128,796
Allen Robin Reed
Chairman
$0
Callahan Kevin F
Secretary And Treasurer
$0
Thornley Scott
Vice Chairman
$0
Harris Rhodes
Finance Manager
$0
Drummond Abbie
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,544,506
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,544,506
Total Program Service Revenue$0
Investment income $1,361,906
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$271,336
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,641,210

Grants Awarded

Over the last fiscal year, Walker Area Community Foundation has awarded $3,555,836 in support to 73 organizations.

Grant RecipientAmount

FRIENDS OF DOWNTOWN JASPER

Org PageRecipient Profile

Jasper, AL

PURPOSE: Operations and programs - Jasper Main Street

$263,364

Birmingham, AL

PURPOSE: Salaries, training, facilities, and to build capacity for Walker County program

$250,000

JASPER CITY BOARD OF EDUCATION

PURPOSE: To pay off school lunchroom debt at every Jasper City School

$232,838

ST MARY'S EPISCOPAL CHURCH

PURPOSE: Food bank

$177,600

BEVILL STATE COMMUNITY COLLEGE

PURPOSE: Repair Rowland Auditorium

$165,000

CRISIS CENTER INC

Org PageRecipient Profile

Birmingham, AL

PURPOSE: Local needs assesment and referrals

$148,320
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Walker Area Community Foundation has recieved totaling $122,561.

Awarding OrganizationAmount
The Funders Network Inc

Coral Gables, FL

PURPOSE: PPREP

$77,250
Holle Family Foundation

Birmingham, AL

PURPOSE: FUTURE GRANT

$25,000
Dk Charitable Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$20,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$311
View Grant Recipient Profile

Create an account to unlock the data you need.

or