Financials

As of 12/31/16

Grants authorized: $18.7 million
Number of grantmaking funds: 489

Minimum fund size: $15,000 ($50,000 min. Scholarship & Catalyst)
Average fund size: $496,157
Largest fund: $18.5 million

Gifts to the Community Foundation: $19.9 million

Assets (total): $259.5 million

Operating expenses: 0.67% of total assets
Staffing: 17.15 FTEs

IRS E.I. Numbers:
63-1209631 (corporate form, combined reporting after 2004)
63-6019864 (trust form)

Our most recent IRS Form 990 and audited financial statement are available for download here:

IRS Forms: 2016 IRS Form 990 and 2016 IRS FORM 990T and 2016 Alabama Form 20C
Audited Financials: 2016 Audited Financial Statements
More information is available about investment managers and our Investment Committee by contacting our office.