Financials

As of 12/31/17

Grants made in 2017
Donor Directed Grants: $27 million*
Community Foundation Directed Grants: $3.37 million
Number of grantmaking funds: 492

Minimum fund size: $15,000 ($50,000 min. Scholarship & Catalyst)
Average fund size: $416,347
Largest fund: $19.2 million

Gifts to the Community Foundation: $25.9 million

Assets (total): $221 million

Operating expenses: 0.76% of total assets
Staffing: 15.8 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: 2017 Audited Financial Statements

More information is available about investment managers and our Investment Committee by contacting our office.

*Does not include a one-time pass through grant of $60 million.