Community Foundation Of West Alabama

Organization Overview

Community Foundation Of West Alabama is located in Tuscaloosa, AL. The organization was established in 1999. 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 West Alabama employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of West Alabama 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 12/2020, Community Foundation Of West Alabama generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $1.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Community Foundation Of West Alabama has awarded 231 individual grants totaling $3,450,525. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO FURTHER CHARITABLE, EDUCATIONAL, LITERARY, RELIGIOUS, SCIENTIFIC AND OTHER ENDEAVORS WITHIN THE WEST ALABAMA AREA AND TO ENABLE INDIVIDUALS AND ORGANIZATIONS TO PROVIDE FOR THE BETTERMENT OF THE COMMUNITY IN WHICH THEY RESIDE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHRIST EPISCOPAL CHURCH


TUSCALOOSA COUNTY PARA FOUNDATION


THE UNIVERSITY OF ALABAMA


OTHER PROGRAM SERVICES INCLUDE GRANTS AND SCHOLARSHIPS TO VARIOUS CHARITABLE ORGANIZATIONS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Glenn Taylor
President & CEO
$45,008
Claude Edwards
Chairman
$0
Dr Barry Mason
Secretary
$0
Lin Moore
Treasurer
$0
Mary Bess Paluzzi
Vice President
$0
Pierce Boyd
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$16,300
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$750,830
Noncash contributions included in lines 1a–1f $343,780
Total Revenue from Contributions, Gifts, Grants & Similar$767,130
Total Program Service Revenue$0
Investment income $293,244
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$77,702
Net Income from Fundraising Events $675
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,717,684

Grants Awarded

Over the last fiscal year, Community Foundation Of West Alabama has awarded $537,233 in support to 25 organizations.

Grant RecipientAmount

UNIVERSITY OF ALABAMA

PURPOSE: GENERAL FUND

$66,900

CHRIST EPISCOPAL

PURPOSE: GENERAL FUND

$52,800

TUSCALOOSA COUNTY PARA FOUNDATION

PURPOSE: GENERAL FUND

$40,000

FIRST UNITED METHODIST CHURCH OF TUSCALOOSA

PURPOSE: GENERAL FUND

$37,500

ST MARK METHODIST CHURCH

PURPOSE: GENERAL FUND

$37,500

TRINITY PRESBYTERIAN CHURCH

PURPOSE: GENERAL FUND

$36,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Community Foundation Of West Alabama has recieved totaling $8,600.

Awarding OrganizationAmount
Young Boozer Family Foundation

Montgomery, AL

PURPOSE: GENERAL CONTRIBUTIONS

$5,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$1,200
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$1,200
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$1,200
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,257,361
Earnings$595,084
Admin Expense$36,120
Net Contributions$200,600
Grants$45,276
Ending Balance$4,971,649

Create an account to unlock the data you need.

or