The Bynum Foundation

Organization Overview

The Bynum Foundation is located in Birmingham, AL. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Bynum 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, Bynum Foundation generated $93.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $97.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Bynum Foundation has awarded 20 individual grants totaling $332,870. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $22
Net Rental Income-$6,420
Net Gain on Sale of Assets $91,591
Capital Gain Net Income $91,591
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $93,378

Grants Awarded

Over the last fiscal year, The Bynum Foundation has awarded $79,000 in support to 4 organizations.

Grant RecipientAmount

VETERANS MEMORIAL PARK OF JACKSON

Org PageRecipient Profile

Scottsboro, AL

PURPOSE: GENERAL OPERATING

$50,000

CASA OF JACKSON COUNTY

Org PageRecipient Profile

Scottsboro, AL

PURPOSE: GENERAL OPERATING

$10,000

SCOTTSBORO DOWNTOWN REDEVELOPMENT

PURPOSE: GENERAL OPERATING

$10,000

IMPACT LEARNING CENTER

PURPOSE: GENERAL OPERATING

$9,000
View Grant Profile

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