Reese Phifer Jr Memorial Foundation

Organization Overview

Reese Phifer Jr Memorial Foundation is located in Tuscaloosa, AL. The organization was established in 1967. 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. Reese Phifer Jr Memorial 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, Reese Phifer Jr Memorial Foundation generated $239.8k 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 (6.0%) each year. All expenses for the organization totaled $182.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Reese Phifer Jr Memorial Foundation has awarded 141 individual grants totaling $557,600. 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 $150,000
Interest on Savings $0
Dividends & Interest $22,577
Net Rental Income$0
Net Gain on Sale of Assets $67,196
Capital Gain Net Income $67,196
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $239,773

Grants Awarded

Over the last fiscal year, Reese Phifer Jr Memorial Foundation has awarded $169,700 in support to 43 organizations.

Grant RecipientAmount

UNITED WAY OF WEST ALABAMA

PURPOSE: ANNUAL GIVING (**5 AGENCIES)

$50,000

TUSCALOOSA CHILDREN'S CENTER

Org PageRecipient Profile

Tuscaloosa, AL

PURPOSE: CAMPAIGN (3 OF 4)

$25,000

CHRIST EPISCOPAL CHURCH

Org PageRecipient Profile

Tuscaloosa, AL

PURPOSE: ROOF FUND (1 OF 2)

$12,500

BOYS AND GIRLS CLUB OF WEST AL

Org PageRecipient Profile

Tuscaloosa, AL

PURPOSE: ANNUAL GIVING

$5,000

BIG BROTHERS AND BIG SISTERS

PURPOSE: CAMPAIGN (2 OF 2)

$5,000

THE UNIVERSITY OF ALABAMA

PURPOSE: TRUSTEE FUND

$5,000
View Grant Profile

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