E Roy Albright Foundation
- Assets
- $0.0
- Revenue
- $8.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 09/1961
- Data as of
- 01/2023
- EIN
- 63-6020933
Organization Overview
E Roy Albright Foundation is located in Birmingham, AL. The organization was established in 1961. 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. E Roy Albright 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 01/2023, E Roy Albright Foundation generated $8.1k 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 (10.7%) each year. All expenses for the organization totaled $151.8k during the year ending 01/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Regions Bank Trustee | 1 | $1,594 | |
Walter Cleverdon Chairman | 1 | $0 | |
Frank Browning Jr Committee Member | 1 | $0 | |
William Heiter Committee Member | 1 | $0 | |
Regions Bank Trustee | 1 | $1,594 | |
Walter Cleverdon Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,807 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,282 |
| Capital Gain Net Income | $6,282 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,089 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,594 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $320 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1 |
| Total operating and administrative expenses | $6,338 |
| Contributions, gifts, grants paid | $145,430 |
| Total expenses and disbursements | $151,768 |
| 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, E Roy Albright Foundation has awarded $6,436 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HOME OF GRACE FOR WOMEN INC PURPOSE: GENERAL OPERATING | $1,609 |
SOCCER4LIFE PURPOSE: GENERAL OPERATING | $1,609 |
MULHERIN CUSTODIAL HOME PURPOSE: GENERAL OPERATING | $1,609 |
SHOULDER OF THE CENTRAL GULF COAST PURPOSE: GENERAL OPERATING | $1,609 |