The Community Foundation Of Greater Birmingham
- Assets
- $299.6m
- Revenue
- $49.7m
- Investments
- $0.0
- Employees
- 17
- Location
- Birmingham, AL
- Founding
- 02/1966
- Data as of
- 12/2021
- EIN
- 63-1209631
Organization Overview
The Community Foundation Of Greater Birmingham is located in Birmingham, AL. The organization was established in 1966. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation Of Greater Birmingham employed 17 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Community Foundation Of Greater Birmingham 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, Community Foundation Of Greater Birmingham generated $49.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $26.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Community Foundation Of Greater Birmingham has awarded 2,705 individual grants totaling $211,590,010. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE IGNITE PASSION FOR TRANSFORMATIONAL CHANGE THROUGH GRANTMAKING, CONVENING & LEADING, AS WE LEVERAGE DONOR GIVING TO MEET COMMUNITY NEEDS FOREVER.
Describe the Organization's Program Activity:
THE COMMUNITY FOUNDATION LEVERAGES GIFTS AND BEQUESTS AND WORKS TO IMPROVE THE LIFE OF THE GREATER BIRMINGHAM REGION IN PARTNERSHIP WITH GRANTS FROM DONOR ADVISED, DESIGNATED, AND SCHOLARSHIP FUNDS.
WITH ITS FLEXIBLE FUNDS, THE COMMUNITY FOUNDATION OF GREATER BIRMINGHAM STRIVES TO DRIVE POSITIVE CHANGE IN OUR FIVE-COUNTY AREA BY SUPPORTING PROGRAMS, PROJECTS AND CAPITAL IMPROVEMENTS THAT WILL HAVE A PROFOUND IMPACT ON A BROAD RANGE OF IMPORTANT ISSUES AND AREAS OF COMMUNITY LIFE, INCLUDING OVERCOMING PERSISTENT POVERTY; BUILDING THRIVING COMMUNITIES; ECONOMIC OPPORTUNITY FOR ALL; REGIONAL COOPERATION; AND EQUITY AND INCLUSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Nanni President/ceo | Officer | 40 | $184,580 |
Terri Epting Chief Financial Officer | Officer | 40 | $110,781 |
Gus Heard-Hughes Vice President, Programs | 40 | $102,055 | |
Lora Blalock Vice President, Philanthropic Services | 40 | $100,554 | |
Daniel Coleman Director | Trustee | 2 | $0 |
Stewart M Dansby Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $14,800 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,437,421 |
| Noncash contributions included in lines 1a–1f | $10,100,615 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,452,221 |
| Total Program Service Revenue | $0 |
| Investment income | $5,029,451 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $23,814 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,164,771 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,687,592 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,328,973 |
| Grants and other assistance to domestic individuals. | $86,200 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $497,970 |
| Compensation of current officers, directors, key employees. | $147,697 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $836,416 |
| Pension plan accruals and contributions | $58,558 |
| Other employee benefits | $129,810 |
| Payroll taxes | $95,672 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,365 |
| Fees for services: Accounting | $59,767 |
| Fees for services: Lobbying | $43,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $940,396 |
| Fees for services: Other | $28,330 |
| Advertising and promotion | $52 |
| Office expenses | $24,672 |
| Information technology | $72,596 |
| Royalties | $0 |
| Occupancy | $118,445 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,168 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,238 |
| Insurance | $15,713 |
| All other expenses | -$3,160 |
| Total functional expenses | $26,491,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,622,258 |
| Pledges and grants receivable | $236,038 |
| 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 | $46,474 |
| Net Land, buildings, and equipment | $14,571 |
| Investments—publicly traded securities | $275,300,004 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,412,080 |
| Total assets | $299,631,425 |
| Accounts payable and accrued expenses | $68,811 |
| Grants payable | $3,196,867 |
| 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 | $15,509,040 |
| Total liabilities | $18,774,718 |
| Net assets without donor restrictions | $255,335,841 |
| Net assets with donor restrictions | $25,520,866 |
| 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 | $299,631,425 |
Grants Awarded
Over the last fiscal year, The Community Foundation Of Greater Birmingham has awarded $22,299,274 in support to 388 organizations.
| Grant Recipient | Amount |
|---|---|
Birmingham, AL PURPOSE: GENERAL SUPPORT | $1,612,549 |
Birmingham, AL PURPOSE: GENERAL SUPPORT + SPECIAL PROGRAMS | $922,530 |
Chattanooga, TN PURPOSE: GENERAL SUPPORT | $507,000 |
UNIVERSITY OF ALABAMA AT BIRMINGHAM PURPOSE: GENERAL SUPPORT + SPECIAL PROGRAMS + SCHOLARSHIPS | $502,757 |
Birmingham, AL PURPOSE: FORGE SURVIVORSHIP CENTER - 2021 GENERAL SUPPORT | $500,000 |
Birmingham, AL PURPOSE: GENERAL SUPPORT + SPECIAL PROGRAMS | $453,500 |
Grants Recieved
Over the last fiscal year, we have identified 20 grants that The Community Foundation Of Greater Birmingham has recieved totaling $2,022,647.
| Awarding Organization | Amount |
|---|---|
Arlington Partners Charitable Foundation Inc Birmingham, AL PURPOSE: GENERAL PURPOSE | $574,568 |
Lucille S Beeson Charitable Remainder 66 1055001761 Birmingham, AL PURPOSE: GENERAL OPERATING | $498,723 |
Bill And Pam Smith Foundation Inc Birmingham, AL PURPOSE: CHARITABLE | $459,500 |
The Aspen Institute Inc Washington, DC PURPOSE: SUPPORT OF THE INCLUSIVE AMERICA PROJECT | $184,380 |
Altec-Styslinger Foundation Inc Birmingham, AL PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $100,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $48,141 |
Endowment Analysis
| Beg. Balance | $127,150,604 |
| Earnings | $13,851,894 |
| Admin Expense | $985,491 |
| Net Contributions | $2,381,340 |
| Other Expense | -$85,913 |
| Grants | $4,050,274 |
| Ending Balance | $138,433,986 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN | $205,748,037 | $85,831,682 |
Community Foundation Of Sarasota County Inc Sarasota, FL | $386,793,850 | $71,031,554 |
Gulf Coast Community Foundation Inc Venice, FL | $411,069,499 | $79,396,677 |
The Community Foundation For Northeast Florida Inc Jacksonville, FL | $630,367,087 | $110,893,672 |
Givewell Community Foundation Inc Lakeland, FL | $419,262,531 | $231,457,010 |
Community Foundation Of Collier County Naples, FL | $218,053,316 | $48,461,607 |
Chattanooga Christian Community Foundation Chattanooga, TN | $107,861,272 | $37,732,736 |
The Community Foundation Of Greater Birmingham Birmingham, AL | $299,631,425 | $49,687,592 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN | $242,437,300 | $52,106,763 |
Community Foundation Of Tampa Bay Inc Tampa, FL | $288,002,169 | $39,276,460 |
East Tennessee Foundation Knoxville, TN | $333,652,631 | $23,055,951 |
Community Foundation For Palm Beach & Martin Counties Inc West Palm Beach, FL | $221,759,809 | $29,612,714 |