Amfirst Foundation is located in Birmingham, AL. The organization was established in 2020. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Amfirst 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 12/2022, Amfirst Foundation generated $107.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (47.9%) each year. All expenses for the organization totaled $380.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Amfirst Foundation has awarded 18 individual grants totaling $452,128. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AMFIRST FOUNDATION STRIVES TO LIVE OUT THE CREDIT UNION PHILOSOPHY OF PEOPLE HELPING PEOPLE BY MAKING IMPACTFUL INVESTMENTS IN CHARITABLE ORGANIZATIONS IN OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AMFIRST FOUNDATION STRIVES TO LIVE OUT THE CREDIT UNION PHILOSOPHY OF PEOPLE HELPING PEOPLE BY MAKING IMPACTFUL INVESTMENTS IN CHARITABLE ORGANIZATIONS IN OUR COMMUNITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Boozer President | OfficerTrustee | 5 | $0 |
Jody Mattson Vice President | OfficerTrustee | 5 | $0 |
Rhonda Shelton Treasurer | OfficerTrustee | 3 | $0 |
Courtney Nunn Director | Trustee | 1 | $0 |
Michael Northrup Director | Trustee | 1 | $0 |
Alex Lawley Secretary | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $93,548 |
| Related organizations | $7,415 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,963 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,984 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $107,947 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $350,033 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,080 |
| Fees for services: Accounting | $21,186 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $380,299 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Over the last fiscal year, Amfirst Foundation has awarded $326,008 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ALABAMA INSTITUTE FOR THE DEAF AND BLIND PURPOSE: GENERAL - NO RESTRICTIONS | $15,675 |
ALABAMA KIDNEY FOUNDATION PURPOSE: GENERAL - NO RESTRICTIONS | $18,470 |
AUTISM SOCIETY OF ALABAMA PURPOSE: GENERAL - NO RESTRICTIONS | $15,675 |
CRISIS CENTER (BIRMINGHAM) PURPOSE: GENERAL - NO RESTRICTIONS | $9,407 |
CYSTIC FIBROSIS FOUNDATION PURPOSE: GENERAL - NO RESTRICTIONS | $22,675 |
DIAPER BANK PURPOSE: GENERAL - NO RESTRICTIONS | $50,000 |