Nall-Whatley Foundation
- Assets
- $1.8m
- Revenue
- $143.3k
- Investments
- $1.8m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 06/1997
- Data as of
- 06/2022
- EIN
- 63-1183109
Organization Overview
Nall-Whatley Foundation is located in Birmingham, AL. The organization was established in 1997. 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. Nall-Whatley 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 06/2022, Nall-Whatley Foundation generated $143.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $153.3k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Nall-Whatley Foundation has awarded 204 individual grants totaling $638,042. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING EDUCATION AND THE FINE ARTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jw Nall Jr President | 0 | $0 | |
Jw Nall III V.p./treasurer | 0 | $0 | |
Paul M Whatley Jr Asst. Treasurer | 0 | $0 | |
Katherine N Whatley V.p./asst. Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $57,828 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $85,262 |
| Capital Gain Net Income | $85,262 |
| Net ST Capital Gain | $1,530 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $232 |
| Total Revenue | $143,327 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $18 |
| Taxes | $2,820 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,595 |
| Total operating and administrative expenses | $28,533 |
| Contributions, gifts, grants paid | $124,787 |
| Total expenses and disbursements | $153,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,508 |
| Savings and temporary cash investments | $23,894 |
| 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 | $34,809 |
| Total assets | $1,842,315 |
| Accounts payable and accrued expenses | $500 |
| 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 | $500 |
Grants Awarded
Over the last fiscal year, Nall-Whatley Foundation has awarded $124,787 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: VARIOUS | $100 |
BIG BROTHER BIG SISTER PURPOSE: VARIOUS | $3,000 |
BIRMINGHAM LANDMARKS INC PURPOSE: VARIOUS | $200 |
BIRMINGHAM ZOO PURPOSE: VARIOUS | $4,020 |
BOYS CLUB SYLACAUGA PURPOSE: VARIOUS | $300 |
CANTERBURY UNITED METHODIST PURPOSE: VARIOUS | $20,400 |