Protective Life Foundations

Organization Overview

Protective Life Foundations is located in Birmingham, AL. The organization was established in 1994. 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. Protective Life Foundations 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, Protective Life Foundations generated $4.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $4.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Protective Life Foundations has awarded 729 individual grants totaling $13,012,824. 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 $4,029,504
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $4,029,504

Grants Awarded

Over the last fiscal year, Protective Life Foundations has awarded $4,032,689 in support to 211 organizations.

Grant RecipientAmount

UAB LONGEVITY CENTER

PURPOSE: LONGEVITY CENTER CHAIR, INNOVATION FUND AND SYMPOSIUM

$800,000

BIRMINGHAM PROMISE INC

PURPOSE: 2021-2025 SCHOLARSHIP SUPPORT, 2021 STUDENT INTERN, 2021 UAB MVP AWARD

$204,500

THE BIRMINGHAM ZOO

Org PageRecipient Profile

Birmingham, AL

PURPOSE: PHILLIPS ACADEMY HONOR STUDENT AWARDS, 2021 CORPORATE PARTNER, 2020 OPERATING FUNDS - EMERGENCY FUNDS, 2021 FAMILY MEMBERSHIPS

$127,000

WOODLAWN FOUNDATION

PURPOSE: 2021 SUNDAY SUPPER, 2020 PLEDGE TO I3

$103,000

PROSPER BIRMINGHAM

PURPOSE: OPERATING SUPPORT 2021 - 2022

$100,000

CHILDREN'S AID SOCIETY

PURPOSE: 2021 OPERATING SUPPORT, 2022 OPERATING SUPPORT

$100,000
View Grant Profile

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